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Showing posts from August, 2019

GDP Growth for Q1 2019-20 slips to 6 Year Low | Slowdown Deepens

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With last quarter's (Q4 2018-19) 5.8% GDP growth, India lost its " Fastest growing major economy " tag to China. China's economy grew by 6.2% despite trade war with US. Also Indian economy slipped to 7th largest economy after UK and France overtook and became 5th and 6th largest economy. Q1 2019-20 GDP number further slips. The  Central Statistics Office (CSO), Ministry of  Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the first quarter (April-June) Q1 of 2019-20  on 30th August. The GDP growth rate for the first quarter is  5.0% .  Growth in the Gross Value Added (GVA) for the fourth quarter is at 4.9% .  With 5% growth, India's economy registered weakest growth in more than 6 years. Major reason could be the Manufacturing sector and Private Consumption Expenditure. Manufacturing sector growth crashed to 0.6% and Private Consumption Expenditure decelerated to 18 month low at 3.1% . Quarterl...

July WPI Inflation slips to 1.08%

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As per the data released by Ministry of Commerce and Industry t he annual rate of inflation, based on monthly WPI (Wholesale Price Index), stood at  1.08%  (provisional) for the month of July, 2019 (over July, 2018) as compared to 2.02% (provisional) for the previous month and 5.27% during the corresponding month of the previous year.   The movement of the index for the various commodity groups is summarized below:- PRIMARY ARTICLES  (Weight 22.62%):-  The index for this major group rose by    0.5  percent . The index for 'Food Articles' group rose by 1.3%  from the previous month due to higher price of fruits & vegetables (5%), egg, maize and  jowar (4% each), pork (3%), beef and buffalo meat, bajra, wheat and condiments & spices (2% each) and barley, moong, paddy, peas/chawali, ragi and arhar (1% each). However, the price of fish-marine (7%), tea (6%), betel leaves (5%), poultry chicken (3%) and fish-inland, urad ...

June Industrial Production Growth Slips to 2% | Slowdown in Manufacturing

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As per the data released by Ministry of Statistic and Program Implementation, t he Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2019 stands at 130.2, which is  2.0 percent  higher as compared to the level in the month of June 2018.  The cumulative growth for the period April-June 2019 over the corresponding period of the previous year stands at 3.6 percent. Contraction in Mining , Manufacturing and Capital goods hit the factory output. T he growth rates for the Mining, Manufacturing and Electricity sectors for the month of June 2019 stand at 1.6  percent , 1.2  percent  and 8.2  percent  as compared to June 2018. The cumulative growth in these three sectors during April-June 2019 over the corresponding period of 2018 has been 3.0 percent, 3.1 percent and 7.2 percent respectively. In terms of industries, eight out of the twenty three industry groups in the manufacturing se...

National Film Awards 2018 | Full Winners List

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The 66 th  National Film Awards were announced in a press conference today by Shri Rahul Rawail, Chairperson, Feature Film Category;  Shri AS Kanal, Chairperson, Non-Feature Film Category and Shri Utpal Borpujari, Chairperson, Best Writing on Cinema. Full Winners List:- Best Feature Film:  Hellaro  a Gujarati film directed by Abhishek Shah Indira Gandhi Award for Best Debut Film of a Director:  Naal (Marathi) Award for Best Popular Film Providing Wholesome Entertainment:  Badhaai Ho Nargis Dutt Award for Best Feature Film on National Integration  -   Ondalla Eradalla  (Kannada) Best film on Social Issues:  Padman Best film on Environment Conservation/Preservation -   Paani (Marathi) Best Children's Film:  Sarkari Area Prathamika Shaale Kasaragod (Kannada) Best Director:  Uri :  The Surgical Strike - Aditya Dhar Best Actor:  Ayushmann Khuranna for Andhadhun   AND  Vicky Kaushal fo...