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If repatriation by foreign companies and disinvestment in Indian operations are taken into account, the drop is even more dramatic 27%.
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Moody’s Investor Service warned in a research report that red tape could decelerate investments into India, where slow approval processes and licences lengthened gestation period for different projects
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The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021
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ADB said South Asia is forecast to grow at 8.6% in 2021, compared with the September's forecast of 8.8%
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India's merchandise exports in April-November 2021 was $262.46 billion, an increase of 50.71% over $174.15 billion in the same period last year
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During the month under review, crude petroleum inflation was at 91.74% as compared to 80.57% in October
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In October, the mining output climbed 11.4%, and power generation increased 3.1%. The IIP had grown by 4.5% in October 2020
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The ratings agency raised the economic growth projection for the next financial year to 10.3% from previously forecast 10%
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Only 11.66 crore person-days of work generated in November compared to 22.23 crore person-days in October
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Financially empowering them through higher resource availability, including own resource generation and transfers, are critical for, says RBI
