The factory output or index of industrial production (IIP) rose 1.7 per cent in February, mainly on account of rise in mining sector, power generation
Cabinet is likely to consider raising the country's fertiliser subsidy at a meeting on Wednesday, government sources said on Tuesday.
The Reserve Bank of India may be forced to act faster on policy tightening after data showed retail inflation spiked sharply to nearly 7 per cent in March, and the fallout of the Ukraine war pushing energy rates higher was expected to add to the already spiralling price pressures.
India's retail inflation for March 2022 rose to 6.95 per cent from 6.07 per cent in February 2022
Electronic Goods Exports: In 2016-17 India exported electronic goods worth Rs 39,980 crore, which rose by 104 per cent to Rs 81,948 crore in 2020-21
Retail sales in March grew by 28 per cent as compared to the same month last year with the removal of pandemic-related restrictions
Retail inflation is likely to surge further and could be in the range of 6.1 to 6.3 per cent in March, owing to rising crude oil and food prices
India's trade with war-torn Ukraine has seen a 19 per cent rise between 2020-21 and February 2021-22
Retail inflation likely sped up to a 16-month high of 6.35 per cent in March, well above the Reserve Bank of India's upper tolerance band for a third straight month, in part due to a sustained rise in food prices, a Reuters poll found.
Tax revenues in 2021-22 exceeded Union Budget's estimates by Rs 5 lakh crore
Government had no outstanding loans with the central bank under ways and means advances in the week ended April 1
The launch of the update comes just days after the historic Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) signed on April 2
Tax collections touched a record high of Rs 27.07 lakh crore in 2021-22 as mop-up from income and other direct taxes as well as indirect taxes jumped
Finance Ministry on Friday said it has released the first instalment of revenue deficit grant of Rs 7,183 crore to 14 states