" I strongly believe that India has a lot of latest entrepreneurial energy, which needs to be harnessed
so that we become a nation of job givers, more than job seekers. " -Shri. Narendra Modi, Honourable Prime Minister of India.
The Indian economy is expected to grow at 7.5 per cent in FY 2016-17, as per the forecast by the International Monetary Fund (IMF).
Foreign direct investment (FDI) inflows have increased 40 per cent during April-December this year to reach US$ 29.44 billion, compared to same period last year.
India's foreign exchange reserves were US$ 354.40 billion in the week up to March 11, 2016, an increase of US$ 2.54 billion over the past week.
Mutual Funds asset base of equity funds and Equity Linked Saving Scheme (ELSS) was Rs 3.45 trillion (US$ 51.85 billion) in January 2016 compared to Rs3.64 trillion (US$ 54.71 billion) in December 2015.
India's Index of Industrial Production (IIP) contracted by 1.5 per cent in January, 2016 compared to contraction of 1.2 per cent in December 2015.
The eight key infrastructure sectors rose by 5.7 per cent year-on-year in February 2016, which is the highest growth rate in past 15 months.
India continued to remain at the top of Nielsen's global consumer confidence index for the sixth quarter in a row. The country's confidence score was 131 in the three months ended December 2015, same as that of previous quarter.
According to Society of Indian Automobile Manufacturers (SIAM), domestic car sales in February 2016 stood at 164,469 units as compared to 171,703 units in the same month of 2015. Overall passenger vehicle sales during the month grew by 1.68 per cent to 234,154 units in February 2016.
India's current account deficit in the October-December 2015 quarter at US$ 7.1 billion was lower than the US$ 8.7 billion in the previous quarter. However, it was lower than the US$ 7.7 billion deficit recorded in same period last year.
India's Wholesale Price Index (WPI) inflation rate remained negative at 0.91 per cent for the sixteenth consecutive month in February 2016 as against negative 0.90 per cent in the previous month.
India's Consumer Price Index (CPI) inflation rate declined to 5.18 per cent in February 2016 as compared to 5.69 per cent in January 2016.
The total Mergers and Acquisitions (M&A) transaction value for 2015 was US$ 30.43 billion involving a total of around 600 transactions.
Private Equity investments for the year 2015 totalled US$ 19.5 billion across 159 deals. Private Equity investments during October-December 2015 dropped by 12 per cent to 3.9 bilion as compared with the same period of 2014.