Economy gets stronger, Investment weaker

Economy gets stronger, Investment weaker
A superior Q4 performance, surpassing expectations, enabled the economy to post 7.2 percent growth in 2015-16, against 7.1 percent in the previous fiscal. Helped by other developments, a decent increase of 2.3 percent in agriculture (in view of poor winter rainfall) and 6.4 percent increase in public... more →
Posted in: Economy

Economy: Progress into a ‘normal’ rainfall

Some of the causal factors behind the overall industry feat were:
Rainfall was excess/normal in 24 and deficient/scanty in 12 out of 36 meteorological sub-divisions, according to weekly weather report from IMD. All India actual rainfall till 29 June 2016, constituting around a fifth of monsoon period, was assessed at 137.6 mm; 12 percent short of LPA of 55.5 mm.... more →
Posted in: Economy