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India's core sector grows by 8% in Sept, highest in 11 months

Reflecting pick up in industrial activity, the core sector industries recorded 8 per cent growth in September, highest in the past 11 months.  The eight infrastructure industries grew......

Fiscal deficit: In a hole then, government seems to be minding the gap now

The balance of payments crisis of 1990-91 saw a sharp depletion of foreign exchange reserves. It was the growing fiscal imbalances of successive governments that worsened the situation, sparked by......

Core sector growth dips to 2.2% in April

Showing clear signs of slowdown in the Indian economy, the growth rate of eight core sectors halved to 2.2 per cent in April on account of sharp dip in output of natural gas and fertilisers. The......

FDI down by 30% in February to $1.2 bn

Foreign direct investment (FDI) in India registered its second consecutive decline in February, 2011, dipping by 30 per cent year-on-year to $1.2 billion in the backdrop of financial turmoil in......

FinMin may peg growth for 2011-12 at 9 per cent

The finance ministry seems to be gung ho about economic growth next financial year. It may peg this at nine per cent for 2011-12 in the Economic Survey, likely to be tabled in Parliament on......

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