The Vice-President of India, Shri Jagdeep Dhankhar highlighted the significance of India’s inclusive, multilateral approach in driving progress for the Global South. “Rise of India, vibrant democracy and home to one-sixth of humanity, augurs for global stability and peace,” he stressed. Addressing the inaugural session of the 19th CII India-Africa …
Read More »INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR JUNE, 2024
The combined Index of Eight Core Industries (ICI) increased by 4.0per cent (provisional) in June, 2024 as compared to the Index in June, 2023. The production of Coal, Electricity, Natural Gas, Steel, Fertilizer sand Cement recorded positive growth in June 2024. The details of annual indices, monthly indices and growth rates …
Read More »PM lays foundation stone and dedicates projects worth more than Rs 29,400 crores in Maharashtra
The Prime Minister, Shri Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth more than Rs Rs 29,400 crores in Mumbai, Maharashtra today. Addressing the gathering, the Prime Minister expressed happiness for getting the opportunity to lay …
Read More »Consumer Price Index (CPI) Numbers for June 2024: Rural, Urban and Combined (Base 2012=100)
. Key highlights: Year-on-year inflation rate based on All India Consumer Price Index (CPI) number is 5.08% (Provisional) for the month of June, 2024. Corresponding inflation rate for rural and urban is 5.66% and 4.39%, respectively. Inflation for sub-groups viz. ‘Eggs’, ‘Spices’, ‘Meat & fish’ and ‘Pulses & products’ have decreased as …
Read More »India’s IIP records a growth of 5.9% in the May 2024
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. These Quick Estimates …
Read More »India’s Global Benchmark Success: Insights from Union Minister Dr. Jitendra Singh
“India, today excels in most of the global benchmarks, in some areas it is at par with other big nations, whereas in other areas it is much ahead of them.” says Union Minister Dr. Jitendra Singh while attending the 1st “ET Government PSU awards” organized by the ‘Economic Times’ . …
Read More »INDIA’S IIP RECORDS A GROWTH OF 5.0% IN THE FIRST MONTH OF THE FINANCIAL YEAR 2024-25
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. These Quick Estimates …
Read More »The India Opportunity Showcased at the IPEF Clean Economy Investor Forum
On the sidelines of the inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, the Department of Commerce and Invest India organised a meeting to showcase various investment opportunities in India. In his inaugural address Secretary, Department of Commerce, Shri Sunil Barthwal, stressed on how India’s growth rate …
Read More »May 2024: GST Revenue Hits ₹1.73 Lakh Crore, 10% Year-on-Year Surge
The gross Goods and Services Tax (GST) revenue for the month of May 2024 stood at ₹1.73 lakh crore. This represents a 10% year-on-year growth, driven by a strong increase in domestic transactions (up 15.3%) and slowing of imports (down 4.3%). After accounting for refunds, the net GST revenue for …
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