Tuesday 15 Nov '11Under-recoveries are the difference between the price at which the oil marketing companies source their products from the oil refineries that is fixed on a trade parity basis, which is taken as their cost price, and that of the price realised from the sale of the products in the market.
Tuesday 08 Nov '11Figures for the first half of the fiscal year show that the mismatch between the income and expenditure of the government has pushed up the revenue deficit, or the gap between government revenue collections and the recurring expenditure of the government, to almost three-fourths of the budget estimates.
Tuesday 01 Nov '11Global experience shows that clustering and agglomeration of manufacturing units provides distinct advantages as it gives substantial economies of scale in the use of industrial infrastructure, enhances supply chain responsiveness, provides easier access to market and human resources, and substantially lowers logistic costs.
Tuesday 04 Oct '11Planning Commission deputy chairman Montek Singh Ahluwalia today clarified that the poverty line of R32 per capita expenditure in urban areas and R26 in rural areas was a mere indicator to determine how much GDP growth has helped reduce poverty levels.
Tuesday 27 Sep '11GDP trends show that growth has steadily declined in the last five quarters, slowing from a peak level of 9.4% in the fourth quarter of 2009-10, when RBI started moving up the policy rates, to 7.7% in the first quarter of 2011-12, a decline of 1.7 percentage points.
Wednesday 21 Sep '11The International Monetary Fund has lowered its global growth forecast yet again to 4% in 2011 and 2012, much below the 5.1% growth achieved in 2010. As recently as June, the IMF had forecast global growth at 4.3% in 2011 and 4.5% in 2012. The latest projection in its World Economic Outlook indicates that GDP in advanced economies will expand at an anaemic pace of about 1.6% in 2011 and 1.9% in 2012. Real GDP growth in major advanced economies — the US, euro area and Japan — is seen to rise at a modest rate, from about 0.75% in the first half of 2011 to about 1.5% in 2012.
Tuesday 09 Aug '11The S&P downgrade of the US rating and the subsequent bloodbath in the global stock markets have had more than a commensurate impact on developing countries’ stocks, including those in India.
Wednesday 27 Jul '11Debates about the Railways performance have largely focused on the trends in revenue earnings and expenditures and the growth of freight and passenger traffic, the rail network and the rolling stock.
Saturday 02 Jul '11India’s labour force increased by 11.7 million to 428.9 million in the five years between 2004-05 and 2009-10 on a current daily status basis while the workforce grew a much higher 18 million to 400.8 million, according to numbers from the latest National Sample Survey Organisation study.
Tuesday 07 Jun '11A new series of the Index of Industrial Production with 2004-05 as the base year will be used to estimate the industrial growth from April, the first month of the fiscal year 2011-12.
Wednesday 18 May '11The latest IMD World Competitiveness Yearbook 2011 released on Monday shows that while the US has returned to the top position in global competitiveness rankings, India has slipped from No31 in 2010 to No32 in 2011.