Index

  • Delhi ranks 111th on global liveability index August 20, 2014

    New Delhi: India's national capital, New Delhi, features at a disappointing 111th position while 'Millennium City' Mumbai's liveability index has shot up in the past five years, says a global livability survey held by the Economist Intelligent Unit. In the survey that ranks 140 cities across the globe, the liveability index...
  • Inflation at 5 month low of 5.19 per cent in July August 14, 2014

    New Delhi: Inflation dipped to a five month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items. It was at 5.43 per cent last month and 5.84 per cent in July 2013. Inflation in the overall food articles...
  • Hiring activity up 20 per cent in July 2014 over July 2013: Survey August 14, 2014

    New Delhi: India has seen a growth in hiring activity with the Naukri Job Speak Index for the month of July 2014 at 1649 indicating a 20 per cent growth in hiring when compared to July 2013. Monthly comparison also shows a growth of 5 per cent in hiring activity...
  • RBI to unveil credit policy review, interest rate may remain unchanged August 5, 2014

    The Reserve Bank of India will come out with its credit policy review on Tuesday. It is likely to maintain status quo on interest rate in its bi-monthly monetary policy review. The central bank may prepare ground for an easier rate regime by introducing some liquidity enhancing measures. In spite...
  • Higher weight of food items causing high retail inflation: Government July 20, 2014

    New Delhi: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to official data. The high inflation in India owes to "higher weight for the food basket (about 50 per cent)" as against 14 per cent and 32...
  • India slips to seventh spot on FDI confidence index June 3, 2014

    Washington: India has slipped to its lowest position in over a decade in the foreign direct investment confidence index, which has been topped by the United States for the second year in a row, a study has showed. The survey of 300 global executives by global consulting firm A T Kearney...
  • April WPI inflation at two-month low of 5.2 per cent May 15, 2014

    India's wholesale prices-based inflation in April slowed to a two-month low of 5.2 per cent, helped by a moderation in food and fuel costs, government data showed on Thursday. The rise in the wholesale price index (WPI) compared with a 5.73 per cent year-on-year jump forecast by economists in a Reuters...
  • Industrial production remains negative, dips 0.5 pc in March May 12, 2014

    New Delhi: Showing no signs of recovery, factory production remained in negative territory for the second month in a row, contracting 0.5 per cent in March due to declining output in manufacturing, especially capital goods. Output as measured by the index of industrial production (IIP) remained almost flat in 2013-14 and...
  • March WPI inflation hits three-month high of 5.70 per cent April 15, 2014

    New Delhi: India's wholesale prices-based inflation accelerated to a three-month high of 5.70 per cent in March, driven up by increases in food and fuel costs, government data showed on Tuesday. The rise in the wholesale price index (WPI)compared with a 5.30 per cent jump forecast by economists in a Reuters...
  • Indian journalist beats Edward Snowden to win 2014 Google Digital Activism Award March 21, 2014

    New Delhi: Journalist Shubhranshu Choudhary is the winner of the 2014 Google Digital Activism Award. Choudhary conceptualised CGNet Swara (Voice of Chhattisgarh), a mobile-phone service that allows citizens to post and listen to local reports in their local language using basic mobile phones. Shubhranshu Choudhary is a Knight International Journalism Fellow...
  • India's industrial output up 0.1 per cent in January March 12, 2014

    India's industrial output was higher by 0.1 per cent during January, as mining and electricity sectors performed marginally better, government data showed on Wednesday. Factory output measured in terms of the Index of Industrial Production (IIP) dropped by 0.6 percent in December, registering contraction for the third straight month. The cumulative growth...
  • Delhi: World leaders to gather for TERI summit on sustainable development February 5, 2014

    World leaders will gather in Delhi for the Sustainable Development Summit that is being organised by global think tank TERI. More than ever before development has become key but in a sustainable manner and to form a blueprint, leaders from around the world are gathering at the Delhi Sustainable Development...
  • December 2013 WPI inflation down to 6.16 pc vs 7.52 pc in November February 11, 2014

    India's headline inflation eased to a five-month low of 6.16 percent in December from a 14-month high, helped by a softening in vegetable prices, government data showed on Wednesday. The wholesale price index's annual rise compared with a 7.0 percent jump forecast by economists in a Reuters poll. In November, wholesale...
  • Sensex rises 119 points to end at 21,193.58 December 27, 2013

    Mumbai: The market saw a strong performance with support by banks and IT stocks. The Sensex was up 118.99 points at 21193.58, and the Nifty ended at 6313.80 up 34.90 points. About 1374 shares have advanced, 1166 shares declined, and 147 shares are unchanged. BSE IT index jumped 2 percent with...
  • Current a/c gap narrows; economy seen improving December 2, 2013

    India's current account gap narrowed sharply in the September quarter, thanks to steps to curb gold imports, the latest in a run of positive signs for a sluggish economy. Earlier on Monday, the HSBC Manufacturing PMI index for November showed Indian manufacturing at its strongest since March. On Friday, data showed...
  • Rupee trims early gains, quotes at 63.07 vs dollar November 14, 2013

    Mumbai: The rupee trimmed its early gains but was still higher by 23 paise to 63.07 against the dollar in late morning trade today on selling of the American currency by banks and exporters amid recovery in equity market. Persistent capital inflows from foreign funds into equity market also boosted the rupee...
  • Sensex snaps seven-day losing streak November 14, 2013

    Mumnai: The BSE Sensex rose nearly 1 per cent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the US Fed also helped. The Sensex added 205.02 points or 1.02 percent to end...
  • Sensex closes at lowest in over a month; inflation hurts November 13, 2013

    Mumbai: The BSE Sensex fell for a seventh consecutive session on Wednesday to its lowest close in over one month after higher-than-expected retail inflation data raised fears of a third rate hike this year. Among rate-sensitive stocks HDFC Bank Ltd fell 1.9 per cent, while Hero MotoCorp Ltd ended 1.8 per...
  • Rupee closes at 63.30 versus US dollar, rebounds by 41 paise November 13, 2013

    Mumbai: Rupee closed on Wednesday at 63.30 versus US dollar, rebounds by 41 paise or 0.64 per cent. Continuing its slide for the sixth straight day, the rupee on Wednesday lost 17 paise to trade at a fresh two-month low of 63.88 in early trade on strong dollar demand from importers...
  • Core infrastructure growth jumps to 8 per cent in September October 31, 2013

    Eight core infrastructure sectors that include power, coal, steel and cement, posted an impressive 8 percent growth in September, government data showed on Thursday. Electricity generation that has 10.32 percent weight in the Index of Industrial Production (IIP) registered a growth of 12.6 percent during the month under review, data released...
  • Wholesale, retail inflation up in September; rate cut hope fades October 14, 2013

    Indicating worsening of the price situation, inflation - wholesale as well as retail - went up in September because of costlier food items, especially onion and vegetables, dimming the prospects of rate cut by RBI later this month to boost the sagging economy. While the Wholesale Price Index (WPI) based inflation...
  • JD(U) hails Raghuram Rajan report, praises Nitish efforts September 26, 2013

    Happy over the Raghuram Rajan panel report for bracketing Bihar among backward states and thereby boosting its chances of getting the special status, ruling JD(U), on Thursday, attributed the 'success' to Chief Minister Nitish Kumar who championed the cause. "It's due to the sustained efforts of CM Nitish Kumar that the...
  • Sensex closes 49 points lower, IT stocks fall September 13, 2013

    Mumbai: A benchmark index of Indian equities markets on Friday closed 49 points lower in a volatile trade ahead of the wholesale price index figures and US stimulus tapering next week. The 30-scrip S~~amp;amp;P Sensex of the Bombay Stock Exchange (BSE), which opened at 19,744.54 points, closed at 19,732.76 points, down 49.12...
  • RBI to issue inflation-indexed savings certificates September 4, 2013

    The Reserve Bank of India will issue inflation-indexed savings certificates which will be linked to Consumer Price Index (CPI) by November 2013 as a means to protect households against inflation. Governnor Raghuram Rajan announced this on Wednesday, saying the need of the hour is to protect households from inflation. He also announced...
  • Inflation impact: How much Rs 100 from 1939 will be worth now August 29, 2013

    Most of us would have heard from the generations past what all they could buy for a only a rupee during their time. But with a list of inflation-altered products we couldn't always gauge their comparative worth in today's time.So we took the Wholesale Price Index based inflation figures for...
  • Inflation-adjusted 3 Idiots beats Sholay, Mughal-e-Azam, Chennai Express as Bollywood's biggest blockbuster ever August 28, 2013

    One of the many ever-raging debates in Bollywood is about which is the biggest blockbuster ever? Recent reports say it is the Shah Rukh Khan starrer Chennai Express, but old-timers insist that they haven't seen anything that mesmerised the nation since K Asif's Mughal-e-Azam. Many like me, for so long...
  • Between the 'Illfare' State and the Deep Sea August 27, 2013

    Bibek Debroy Profile: Bibek Debroy is Professor at the Centre for Policy Research, Delhi. He is an economist and has worked in universities, institutes, industry bodies and for the government. He has authored several books and articles, with an interest in trade, education, health, law and governance. Welfare state is an...
  • May industrial production contracts by 1.6 per cent July 12, 2013

    New Delhi: India's industrial production unexpectedly contracted 1.6 per cent in May from a year earlier, government data showed on Friday. Analysts polled by Reuters had expected output to grow 1.6 per cent annually. April's output growth was revised down to an annual 1.9 per cent from 2.3 per cent earlier. Manufacturing...
  • Rupee opens at 59.75 per dollar, down by 8 paise July 12, 2013

    Mumbai: Rupee has opened at 59.75 per dollar on Friday, down by 8 paise compared to previous day's closing value of 59.67 per dollar. Pramit Brahmbhatt of Alpari said the rupee is likely to trade in positive zone on Federal Reserve's statements, a weak dollar and positive equity markets. According to him,...
  • May inflation declines to 4.7 pc from 4.89 pc in April June 14, 2013

    New Delhi: The WPI-based inflation fell to 4.7 per cent in May, driven mainly by declining prices of manufactured items, even as prices of food articles inched up. Inflation based on the Wholesale Price Index (WPI) stood at 4.89 per cent in April. In May, 2012, it was 7.55...