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Economy > Economy - general 16 March 2021 Industrial production in the country declined by 1.6 per cent year-on-year in January2021, despite the 0.4 per cent growth in real GDP recorded in fiscal third quarter (October-December 2020-21), belying the government’s claim of the beginning of a broad-based economic recovery.   Industrial output had risen by 1.6 per cent in December, according to revised estimates. The decline in industrial production has badly affected the manufacturing sector, which has over 77 per cent weightage in the index of industrial production (IIP), contracting by 2 p...

Industry > Industry monitor > Healthcare Atal Innovation Mission, Aster DM Healthcare team up to promote digital healthcare innovations 16 March 2021 Atal Innovation Mission (AIM) has teamed up with Aster DM Healthcare to proactively support the mission’s innovation and entrepreneurship initiatives across the country with the aim of transforming the country’s healthcare infrastructure through innovations, NITI Aayog stated in a release. Accordingly, AIM and Aster signed a Statement of Intent (SoI) for a strategic partnership to support the various initiatives of AIM programmes and AIM ben...

India's February trade deficit up 24.14% at $12.62 billion

India's wholesale price inflation climbs to 4.17% in February

Industry > Industry monitor > Aerospace Govt to sell remaining stake in Delhi, Mumbai, Bengaluru and Hyderabad airports 16 March 2021 The government will offload its residual stake in privatised Delhi, Mumbai, Bengaluru and Hyderabad airports as part of its Rs2.5 lakh crore asset monetisation plan.  The Airport Authority of India (AAI) will sell its remaining stake in these four airports and has identified 13 more airports for privatisation in the 2021-22 fiscal, reports citing sources close close to the development said. The Airports Authority of India (AAI) board has approved a proposal to...