-The Telegraph It must be ensured that growth does not slide down further Economic news has been increasingly dismal for some time. The decline in economic activities since January-March 2018 accelerated this year, gathering pace in recent months and prompting concern it could turn into a recession. Some commentators argue the economy is in a recession; others disagree, saying growth is decelerating. Since recessions are defined as periods of negative real gross...
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Experts warn about the dangers of signing RCEP -Kundan Pandey
-Down to Earth At a media interaction in New Delhi, experts from civil society organisations enumerated damages that could be caused to various sectors of the Indian economy if India signed the deal Various sectors of the Indian economy including agriculture, dairy, services and data will be facing the heat due to the forthcoming Regional Comprehensive Economic Partnership (RCEP) according to leaked documents, experts said while talking to media on October 16,...
More »Industrial production shrinks to minus 1.1% in August
-NDTV The cumulative growth in April-August over the corresponding period of the previous year was 2.4 per cent. Signs of economic slowdown became more pronounced after country's industrial production or factory output, measured by the estimate of Index of Industrial Production (IIP) registered its worst slump in more than six years in August. The IIP shrank by 1.1 per cent in August compared with an expansion of 4.3 per cent in...
More »'Developing Asia' is urbanising faster than rest of the world
-The Indian Express 'Developing Asia' refers to a group of 45 countries that are members of the ADB The economic outlook update released by the Asian Development Bank last week highlighted that the number of urban inhabitants in ‘Developing Asia’ has increased “almost five-fold since 1970”. The report, tracking World Urbanisation Prospects data, also states that the two-thirds of the nearly 1.5 billion additional city dwellers in the region belonged from...
More »CMFRI teams up with ISRO to collect wetland data
-The Hindu Business Line Kochi (Kerala): In a significant attempt to protect coastal wetlands in the wake of the climate crisis, a mobile app has been developed to collect the complete datasets on smaller wetlands across the coastal region of the country. The app was developed by the Space Applications Centre (SAC) of the ISRO upon the request of the Central Marine Fisheries Research Institute (CMFRI) in line with a memorandum of...
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