The large drop was for export orders that were meant to be delivered until October.
Take part in the growth story, Amit A Shah tells Corporate India.
Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.
Tamil Nadu, the best-performing state, managed to do this in 63 days. Land allotment took 156 days nationally and 28 days in Himachal Pradesh. Environmental approval took 91 days nationally and 25 days in Chhattisgarh.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
Exports rise for 8th month, albeit at lower pace
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
Auchan and another French retailer, Carrefour, exited India in 2014
Apple sought exemption from mandatory local sourcing of components for its products
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
Imports rise at highest pace in more than 2 years as crude oil price spikes.
New Delhi to push for services trade facilitation & food stockpiling.
Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
The MSME sector, which is employment-intensive, accounts for 45 per cent of the country's manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product.
Powerlooms and a lack of policy have pushed heritage art towards extinction, say Shreya Jai and Subhayan Chakraborty.
India Inc had cheered Donald Trump's decision to scrap TPP, but now there is a growing sense that it won't really lead to positive growth in trade with the US. Subhayan Chakraborty reports.
India is estimated to spend $1.36 billion more a year for every one dollar a barrel increase in crude oil prices, says Subhayan Chakraborty.
Debroy, in an interview with India TV news anchor Karan Thapar, said there would be no shortage of currency notes and the demonetisation exercise was justified -- it would be a deterrent for future generations.
Exporters believe the situation will also have a grave outcome for employment, with large numbers of casual laborers looking at no work, as well as downstream units facing a loss of work, reports Subhayan Chakraborty.
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