India's headline inflation broke a recent slowing trend in April, reducing the odds of further interest rate cuts next month by the RBI, even as industrial output expanded at a much-slower-than expected pace in March
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India's industrial output growth edged up 0.1 per cent in March from a year earlier, government data showed on Thursday
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India's headline inflation probably broke a recent slowing trend in April while industrial output likely expanded at its fastest pace in five months in March, reducing the odds of further interest rate cuts by the central bank next month
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Higher food and fuel prices probably nudged India's annual inflation up to 5.0 per cent in April from 4.83 per cent in March, according to a Reuters poll, making it harder for the Reserve Bank of India to follow up last month's interest rate cut too swiftly
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Asian Development Bank President Takehiko Nakao has said strong GDP expansion in some of the countries, including India, is expected to push up Asia's economic growth rate to 5.7 per cent in 2016
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Showing signs of stress in the economy, infrastructure output grew at its slowest pace in five years in the fiscal 2015-16 even as the growth rate rebounded to 16-month high of 6.4 per cent in month of March on robust performance of refinery products and fertilisers
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Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negative zone in March due to a fall in global commodity prices amid tepid demand
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India’s trade deficit narrowed for the third straight month in March to $5.07 billion, as imports shrank at a faster pace than exports
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The world's second biggest consumer imports in March slumped to 18 tonnes from 125 tonnes in the previous year
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The global economy will grow at 3.2 per cent in 2016 and 3.5 per cent in 2017, the IMF forecast Tuesday in a downward revision of its previous estimates and sought an immediate and proactive response to the diminished outlook
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