Tuesday, 3 February 2015

Top economic news of the day - February 03, 2015

The growth rate of eight core sector industries slowed to three—month low of 2.4% in December as production of crude oil, natural gas, fertiliser and steel declined.
















Car sales in January are estimated to have risen almost 8% over the same month last year, despite an increase in prices on the back of 4-6% hike in excise duties from the month.
 
The growth rate of eight core sector industries slowed to three—month low of 2.4% in December as production of crude oil, natural gas, fertiliser and steel declined. 
 
The sugar industry has made a fresh pitch for extending the controversial export subsidy on raw sugar citing a threefold jump in its debt burden from Rs114bn in 2008 to Rs336bn in 2013.

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