Economy Current Affairs - 2019

Category Wise PDF Compilations available at This Link

IIP goes down by 0.4 % in September 2012

In September 2012, the Index of Industrial Production (IIP) declined 0.4%, mainly on account of a poor show by the capital goods and consumer durables sectors, which contracted 12.2% and 1.7%, respectively, implying a slowdown in investment activity and demand.

The contraction in IIP was despite the 8-core industries, with a combined weight of 38% on IIP, growing a robust 5.1% in the same month.

Month: Categories: Governance & Politics

Tags:

India set to join talks for creating “RCEP”, the largest trade bloc

Regional Comprehensive Economic Partnership (RCEP) = 16 Countries = 10 (ASEAN Countries) + 6 Others (China + Japan + South Korea + Australia + New Zealand + INDIA)

India is set to join talks for creating the world’s largest trade bloc RCEP after a committee headed by Prime Minister Manmohan Singh endorsed the move.

Month: Categories: International

Tags: