Business Economy

FDI inflow from China declines to USD 163.77 million in FY20: Thakur

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Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, he said, it was USD 350.22 million in 2017-18, while it declined to USD 229 million in the following year. Source: thehindu.com

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Business Economy

Rupee slips 12 paise to 68.98 against US dollar in early trade

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The rupee depreciated by 12 paise to 68.98 against the US dollar in early trade on Wednesday on increased demand for the US currency from importers and rising crude prices. However, a higher opening in domestic equities and sustained foreign fund inflows helped in restricting the slide in the Indian unit to some extent, forex […]
Business Economy

The Hindu Explains | What is technical recession, and what does it mean for the Indian economy?

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What has the RBI cautioned about GDP decline amid the pandemic, and what lies ahead? The story so far: The Reserve Bank of India’s (RBI) latest monthly bulletin features an article by an official at its Monetary Policy Department titled ‘An Economic Activity Index for India’, where the author has, in a ‘nowcast’ (a forecast […]
Business Economy

Base year of Consumer Price Index for Industrial Workers revised from 2001 to 2016

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New series not to affect DA given to govt staff for now. Source: thehindu.com Related

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