India Macro Weekly: Economic health improves, international flows strong


For the week ending December 2, 2017:
  • Growth in Gross Value Added (GVA) improved to 6.1% in Q2, 2017-18, a three quarter high, on account on some pick up in industrial growth. Agriculture and services, however, showed a softening. 
  • Growth in Gross Domestic Product (GDP) commensurately improved to 6.3%, on account of some improvement in investment growth as well as a softening in trade deficit, but despite a cooling off in consumption growth.
  • Credit growth rose to a 7 month high of 5.9% for October, 2017 as the drag from industrial credit lessened and growth in credit to services stabilised. Data for the fortnight ending November 10 shows further pickup in credit growth to 8.6%.  
  • Growth in the Index of Core Industries corrected from the previous month, but still stayed relatively healthy at 4.7% in October 2017, despite a strong base.
  • On the external sector front, FDI inflows in the first half of 2017-18 came in strong, rising by 63.4%.  
  • External borrowings came in at their highest since February 2014.

18 comments:


  1. • Asian markets are trading in the green with Shanghai Composite, up 0.14%, Hang Seng up 0.35% while Nikkei is trading 0.04% higher.Share Tips Expert

    ReplyDelete
  2. In Trinidad and Tobago the current system of healthcare is highly centralized. The Ministry of Health maintains operational oversight of five regional health authorities.Deca Durabolin

    ReplyDelete
  3. Healing itself being the gradual recovery of a sick or diseased human is different from health, which is a state of absolute soundness (body, soul and spirit). https://projectalta.com/collections/frontpage/products/mood

    ReplyDelete
  4. Both liberal democracy and socialist democracy may be considered forms of political democracy because these systems are based on economic and political centralization.
    Atrie krediti

    ReplyDelete
  5. There are several advantages of a regular complete body health check up with a doctor. One of the most important benefits is the prevention of disease. Click How To

    ReplyDelete
  6. The patterns gauge for the coming year have cooperative energy they can cooperate to enable you to accomplish objectives for a more advantageous way of life. piqure punaise de lit

    ReplyDelete
  7. They don't require costly gear. So by doing these kind of workout practices we can enhance our wellbeing capacity. best stethoscope for nurses 2018

    ReplyDelete
  8. Turmeric is a very powerful antioxidant. It helps diminish the spreading of the harmful free radicals in the body turmeric plus review

    ReplyDelete
  9. Energy crunch is an inevitable phenomenon that happens with most of us in hot summer months further information

    ReplyDelete
  10. In any business setting, it's always a good idea to have policies that govern health and safety. This is important for many reasons. Even if the laws in your area do not make you obliged to do this, having such policies in place can protect you from loss of productivity due to injuries sustained in the workplace.health gear inversion table

    ReplyDelete
  11. I really appreciate the kind of topics you post here. Thanks for sharing us a great information that is actually helpful. Good day! single block and bleed valve

    ReplyDelete
  12. Superior post, keep up with this exceptional work. It's nice to know that this topic is being also covered on this web site so cheers for taking the time to discuss this! Thanks again and again! ไม่แข็งตัว

    ReplyDelete
  13. This is mainly because of people who spend most of their time working and running different errands they have to finish. Ayurvedic treatment panchakarma and massage in mumbai

    ReplyDelete
  14. Know What you Want- The first thing you should be clear about before choosing a plastic surgeon liposuction toronto

    ReplyDelete
  15. PROHIBIT public and private payors from asserting fraud on claims previously paid where it is established that the payor knew or should have known the claim was improper and should not have been paid. fitness equipment for sale

    ReplyDelete
  16. I like this post,And I figure that they having a great time to peruse this post,they might take a decent site to make an information,thanks for sharing it to me. We combine Fundamentals with Price Action for top accuracy.

    ReplyDelete
  17. While we as a whole consider how the health care framework has achieved what some allude to as an emergency arrange.Article

    ReplyDelete
  18. More Americans became insured not only through private, employer sponsored health insurance but through increased government funding that created Medicare and Medicaid (1965). here

    ReplyDelete