Wednesday, July 6, 2011

Latest Economic Statistics – FY 10-11


Quick Facts
·         Food inflation back in single digits at 9.5 per cent
·         External debt jumps USD 1.7 billion in December quarter
·         Banks in India report 22.8 per cent growth in February credit flows Corporate India raised USD 1.44 billion overseas in February  
·         Service tax on forex transactions capped at ` 5,000
·         Census of India 2011: Shocking gender bias among 17.5 per cent humanity
·         Gold demand in India to rise 33 per cent by 2020: WGC
·         Electronics, IT sector to need 3.2 million workforce by 2022: NSDC
·         China's forex reserves up at record high of USD 2.8 trillion
·         U.S. jobless drops to 8.8 per cent, payrolls increase by 216K in March
Source: Assocham Research Bureau

Outlook on Indian Industry:


2010-11
2011-12
Growth
Agriculture
5.0
2.7

Industry
8.6
8.2

Services
9.4
9.6
Inflation
WPI – Average
8.0-8.5
5.8-6.0
Interest Rate
10 Year G-Sec
8.1-8.3
7.9-8.2
Exchange Rate
Re / USD
43.5-44.0
42.5-43
Fiscal Deficit
As a % of GDP
5.0
5.5

Source: Crisil Ecoview

Compiled into an article by: CA. Aparna RamMohan
Sources: Assocham Research Bureau, Economic Times, Business Standard and CRISIL Newsletter

1 comment:

  1. Good statistic report. It could be beneficial for some industries to measure the industry growth.

    with regards: titanium nanoparticles

    ReplyDelete