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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)

Cement production likely to rise 6.4% in FY'13: CMIE

Last Updated: Sunday, February 24, 2013, 14:12

Country's cement production is likely to rise by 6.4 percent this fiscal, following an estimated growth of 4.8 percent in December-March 2013 quarter, Centre for Monitoring Indian Economy (CMIE) has said.

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.

Telcos to add 48.9 mn subscribers in FY14: CMIE

Last Updated: Sunday, January 27, 2013, 13:00

Recent fall in subscriber base -- nearly 36 million --is mainly due to implementation of mobile number portability (MNP) and the clean-up exercise by service providers, said the Centre for Monitoring Indian Economy (CMIE) in its report.

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.

Corporate profits to soar 26% in Q3: CMIE

Last Updated: Sunday, December 16, 2012, 19:57

"We expect corporate profits to grow by a smart 25.9 percent in the December quarter compared to the year-ago quarter," the Centre for Monitoring Indian Economy (CMIE) said in its latest report on the domestic economy.

Major crop production expected to fall by 2.8% in FY13: CMIE

Last Updated: Sunday, December 02, 2012, 13:03

Production of rice is projected to fall by 3.4 percent in FY13 as its acreage declined by 4.1 percent to 375 lakh hectares as on November 2.

CMIE pegs GDP growth a tad down to 6% this fiscal

Last Updated: Friday, November 16, 2012, 18:44

The Centre for Monitoring Indian Economy (CMIE) has lowered its growth forecast to 6 percent, from 6.2 percent projected earlier, for this fiscal, owing to the delay in recovery in industrial sector and the fall in mining, manufacturing and construction segments.

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.

Yarn production to rise by 6.5% in 2012-13: CMIE

Last Updated: Wednesday, October 24, 2012, 18:54

Yarn production is likely to grow by 6.8 percent in 2012-13, mainly on account of rise in cotton yarn production, according to economic think tank CMIE.