ECONOMY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Manufacturing PMI eases in Feb; firms upbeat on demand spike  -   01/03/2021 16:39
I ndia's manufacturing sector activities eased slightly in February but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday. The seasonally-adjusted IHS Marki...
Indian economy grows by 0.4 in Oct-Dec  -   26/02/2021 18:03
A fter contracting for two quarters in a row, the Indian economy grew by 0.4 per cent in the October-December quarter amid coronavirus pandemic, official data showed on Friday. The gross domestic product (GDP) had expanded by 3.3 per cent in the correspondi...
ESIC scheme adds 12.06 lakh new members in Dec 2020  -   25/02/2021 17:05
A round 12.06 lakh new members joined the ESIC-run social security scheme in December 2020 against 9.48 lakh in the previous month, official data showed on Thursday, giving perspective on formal sector employment in the country. The latest data is part of a...
India signs $304 mn AIIB loan agreement for Assam power transmission proj  -   24/02/2021 10:07
T he Government of India and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a $304 million Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power transmission ne...
India's GDP may turn positive at 1.3 pc in Dec quarter: Report  -   23/02/2021 16:57
I ndia"s GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, accordin...
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