Nirmal Om newsline

Trade and Investment Facilitator (TIF) October  2015 United Nations’ projection for India’s exports to do well in coming times is quite encouraging for the country. According to Asia-Pacific Trade and Investment Report 2015 recently released by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) exports from India are expected to relatively do well in 2016 as their shipments are largely directed to advanced economies in Europe and North America that are expected to expand in the coming year. Presently, India’s exports have registered a negative growth at (-) 24.3% for a consecutive tenth month. In light of the major challenges being faced by Indian exporters in the backdrop of the global economic slowdown Ministry of Commerce and Industry recently announced increased support for export of various products and included some additional items under the Merchandise Exports from India Scheme (MEIS). Pertaining to global trade growth, WTO lowered...

O cto ber 2015 CPI inflation at 5%      Rural India inflation stands at 5.54% in October 2015 as compared to 4.76% in October 2014 and Urban India inflation stands at 4.28% in October 2015 as against 4.47% in October 2014 The all India general CPI (Combined) for October 2015 stands at 5% as compared to 4.41% in September 2015. The inflation rates for rural and urban areas for October 2015 are 5.54% and 4.28% as compared to 5.05% and 3.61% respectively, for September 2015. Consumer Price Index (combined) Consumer Price Inflation (Combined)     Source: PHD Research Bureau, compiled from MOSPI Rate of inflation during October 2015 is high in pulses and products at 42.2%, Spices at 9.82%, Pan, tobacco and intoxicants at 9.5% and Prepared meals, snacks & sweets etc. at 6.83% . Consumer Price Index for the month of October 2015 for rural, urban and combined stood at 127.7, 124.2 and 126.1 respectively. In ...