EDITOR: Deekshitula Subrahmanyam

D.NO.23-19-50, Haripuram,

Rajahmundry, Andhra Pradesh 533105, India

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Facts About Indian Economy

December 6, 2018

updated: December, 2018

  • The Indian economy grew 8.2 per cent year-on-year in first quarter (Q1) of FY 2018-19, as per the Estimates of Gross Domestic Product by Central Statistics Office (CSO).

  • Foreign direct investment (FDI) inflows stood at US$ 12.75 billion during April-June 2018.

  • India's foreign exchange reserves were US$ 392.79 billion as of the week up to November 23, 2018, as compared to US$ 393.58 billion over the past week.

  • Mutual Funds asset base stood at Rs 22.24 trillion (US$ 319.30 billion) at end of October 2018 as against Rs 22.04 trillion (US$ 316.56 billion) at the end of September 2018.

  • India’s Index of Industrial Production (IIP) advanced by 4.5 per cent year-on-year in September 2018, as against a rise of 4.7 per cent year-on-year in August 2018. The cumulative IIP growth for April-September 2018 was 5.1 per cent over the same period in 2017-18.

  • The eight key infrastructure sectors rose 4.8 per cent year-on-year in October 2018, with cement exhibiting the maximum growth of 18.4 per cent. The cumulative growth during April-October 2018 was 5.4 per cent.

  • Domestic passenger vehicle sales increased 6.10 per cent in April-October 2018 over the same period last year.

  • India's current account deficit (CAD) was 2.4 per cent during April-June 2018. The current account deficit (CAD) for the financial year 2017-18 stood at 1.9 per cent of GDP.

  • India’s Wholesale Price Index (WPI) inflation index increased by 0.7 per cent to 121.7 in October 2018 compared to 120.8 in September 2018.

  • India’s Consumer Price Index (CPI) inflation rate increased to 3.31 per cent in October 2018 as compared to 3.58 per cent in October 2017.

  • Total Merger and Acquisition (M&A) activity grew 53.3 per cent year-on-year to reach US$ 77.6 billion in 2017. M&A involving Indian companies stood at US$ 99.7 billion during January-September 2018.

  • Total value of Private Equity (PE)/venture capital (VC) investments reached a record high of US$ 26.8 billion in value terms in 2017. PE/VC investment recorded at US$ 25.2 billion during January- October 2018.

Exchange Rate Used: INR 1 = US$ 0.01436 as on November 30, 2018

Source : Indian Brand Equity Foundation (IBEF)