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Investment allowance will boost capex in mfg sector: CMIE

Last Updated: Sunday, March 17, 2013, 17:50

The government move to provide investment allowance of 15 percent to manufacturing companies will give the much-needed push to the industry as well as the economy, says Centre for Monitoring Indian Economy (CMIE)

GDP to grow at 6.8% in FY14: CMIE

Last Updated: Sunday, February 17, 2013, 14:34

After facing headwinds for two consecutive years, the economy is set to grow at 6.8 percent next fiscal on reversal in deterring factors, says the economic think tank Centre for Monitoring Indian Economy (CMIE).

Production of major crops likely to fall by 2.8% in FY13: CMIE

Last Updated: Sunday, February 03, 2013, 15:14

Major crops production in the country, both food and non-food, is expected to decline by about 2.8 percent in 2012-13, mainly due to lower output of paddy, coarse cereals and pulses following irregular rainfall, economic think-tank CMIE has said.

New investment proposals to pick up in March qtr: CMIE

Last Updated: Sunday, January 27, 2013, 14:49

VGS of January 2009 and January 2011 had seen Gujarat's share in total new investments go up from an average 8.7 percent during the period April 2002-December 2008 to 37.2 percent in the March 2009 quarter.

Projects worth Rs 4.8 lakh cr to be completed in FY13: CMIE

Last Updated: Monday, December 24, 2012, 18:16

This will be the highest ever project completion in a single year, it said.

Power generation may grow 8.7% in FY13

Last Updated: Sunday, November 18, 2012, 14:34

The country's power generation is expected to grow by 8.7 percent this fiscal on the back of availability of coal and completion of a unit at Kudankulam plant, CMIE said in a report.

Auto production may end FY13 with 6% growth: CMIE

Last Updated: Sunday, October 28, 2012, 14:22

The recovery in the production is expected to come on the back of festival season and a host of new launches by auto companies, the Centre for Monitoring Indian Economy (CMIE) said in its latest report.

Profitability of corporate India set to improve: CMIE

Last Updated: Sunday, October 21, 2012, 19:32

Improvement in performance of the manufacturing sector is expected to boost the profitability of corporate India this year, according to Centre for Monitoring Indian Economy.

Major crop production to dip by 2.3% in FY'13: CMIE

Last Updated: Sunday, October 21, 2012, 12:52

Kharif acreage continued to remain sluggish as of September 28, and sowing dipped by 5.5 percent to 971 lakh hectares, it pointed out.

Apr-Aug sees Rs 1.8 lakh cr worth of projects shelved: CMIE

Last Updated: Sunday, September 23, 2012, 13:42

Project shelving, which has been on rise for the past 18 months, had peaked at Rs 4.5 trillion last fiscal, CMIE said.

Industrial output to grow 5.1% in FY 13: CMIE

Last Updated: Sunday, August 26, 2012, 14:42

Industrial output is expected to grow by 5.1 percent in FY'13, higher than last year but below the seven-year average, an economic think-tank has said.

Infra projects completion in FY13 to rise by 39%: CMIE

Last Updated: Monday, August 20, 2012, 19:55

According to CMIE, the aggregate value of completed projects for FY13 is expected to rise to Rs 5.7 lakh crore compared to Rs 4.1 lakh crore in 2011-12.