BUSINESS
India's growth to average 6.8% over next three years on strong investment and infra spend: OECD
The organisation revised India’s FY26 growth forecast to 6.9 percent, up from the 6.8 percent projected in the September outlook.
INDIA
MC Pollution Dashboard: Over 30 cities have good air, Delhi too is improving
Among the cities with an AQI of below 50, Mizoram’s capital Aizwal had the lowest reading at 23
BUSINESS
India’s services activity slows to 58.4 in November
India’s services sector had held steady in the second quarter, despite GDP growth dipping to a seven-quarter low of 5.4 percent
BUSINESS
Trump effect? Chinese yuan dips 2.6% in a month, rupee depreciates 0.7% since US election
The rupee had depreciated 0.95 percent in the 10 months till November 5 and fell a further 0.73 percent within a month of Donald Trump’s election.
BUSINESS
Vietnam's iron and steel exports to India soar by 90% in H1FY25
China's share of India’s total steel imports rose to 16.1 percent from 13.4 percent earlier
INDIA
MC Pollution Dashboard: December brings relief, air quality improves in most cities
The number of cities with good air quality rose to 28 for the first time in over two weeks, with AQI of over 10 percent of the cities staying below 50
BUSINESS
Consumption steady in November, manufacturing activity a worry
November also marked a second consecutive month of over Rs 1.8 lakh crore collection under GST regime
BUSINESS
BRICS currency would not have been possible given trade imbalances
Excluding China, BRICS countries have negligible trade with each other
BUSINESS
India's growth may dip below 7% for the first time in four years, economists say
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India’s GDP at 6.5 per cent.
INDIA
MC Pollution Dashboard: Delhi air quality improves, AQI dips to lowest level in 33 days
Chennai’s AQI was 24, one of the lowest among Indian cities. Bengaluru, Hyderabad, and Kolkata also had AQI levels below 100 on December 1
BUSINESS
Stats ministry plans to cover district-level data in surveys for smarter decision-making
The ministry has been working with state-level statistics bodies to strengthen their architecture for district-level data
BUSINESS
India’s factory activity slips to 56.5 in November
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index has stays above the 55-mark for 11 consecutive months
BUSINESS
A few negatives and some positives as India's GDP growth slumps to seven-quarter low: Data in five charts
Agriculture seems to be back on a revival path, as growth jumped to a five-quarter high of 3.5 percent compared with 2 percent in the first quarter
BUSINESS
India’s core sector growth rises further to 3.1% in October
October marks the second consecutive month of rise in core sector growth, the eight core industries
BUSINESS
India's April-October fiscal deficit at 46.5% of FY25 target
Capex spending remained muted, with the government spending 42 percent of the fiscal year budget of Rs 11.11 lakh crore
BUSINESS
India’s GDP slips to seven-quarter low of 5.4% in Q2
The performance was much below the MC poll of 11 economists, which had pegged median growth at 6.5 percent
ECONOMY-2
E-commerce prices, mobile data for tourism & night lights data to become part of MoSPI’s new approach of tracking economy
The new CPI series, which the ministry will launch in February 2026, will also track spending on e-commerce, PlayStations, mobile phone accessories like Bluetooth earphones and online video subscriptions
BUSINESS
India to have new GDP, CPI series by February 2026
The government is targeting 2022-23 as the base for the new GDP series
INDIA
MC Pollution Dashboard: Delhi air still 'very poor', most other metros better off
Mumbai’s air quality improved with an AQI of 133. Aizwal had the cleaned air with a reading of 17
BUSINESS
Gold prices ended just 0.04% above at Rs 75983.00 on November 28, 2024: MCX Data
From last year, prices have climbed 21.69%, according to Moneycontrol analysis.
BUSINESS
Traditional automakers moving quick and fast in electric two-wheeler market
Bajaj Auto, TVS and Hero Motocorp account for half of all e2W sales in November, so far. At 51 percent of the total e2W registrations, they have for the first time crossed the 50 percent mark
BUSINESS
Rate cut expected in February, but confidence lower than before: MC Poll
In a poll conducted between November 19 and 21, economists pegged the probability of a rate cut in February 2025 at 60 percent, lower than the 68 percent probability assigned during the last poll conducted on October 15
INDIA
Air quality improves in most cities, Delhi AQI hits 29-day low but remains 'very poor'
Air quality across the Indian cities improved further on November 27, with just 22.71 percent of the cities experiencing poor or very poor air quality compared with 40 percent just about a week ago
BUSINESS
India could benefit as Trump starts tariff war with Canada and Mexico: MC analysis
While gems and jewellery was India’s top exports to the United States in 2023, its share in US imports, at 13.6 percent, was lower than that of Canada and Mexico combined, at 21 percent.
