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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...

India drags global black tea output down February 23, 2021 India has pulled down the global black tea production in calendar 2020. “According to our compilation of the official data received from various countries, the global black tea production has fallen to 2,228.16 million kg (mkg) from 2,285.84 mkg in 2019”, Rajesh Gupta, compiler of ‘Global Tea Digest’ , told This fall of 57.68 mkg marked a loss of 2.52 per cent. “The bulk of the fall has happened in India at 134.48 mkg as production nosedived to 1,255.60 mkg from 1,390.08 mkg in 2019. The entire loss occurred in the North I...

Rocketing to $400 a barrel? is that overstated? >> i would say 400 is quite overstated. the good news for us, in 2017, we only imported less than 12% of oil from saudi arabia and only used 40% of petroleum products for our energy. we are okay. if prices spike, with the fact that we are basically at 18-month highs in gas prices, which on a yearly basis, about $70 billion out of the consumer's pocket, not included businesses like airlines and cruise lines, it could be a big thing. i have to figure that saudi arabia knows if they do something like slow production down, that hurts them. i have to ...

President trump almost played the commander in chief in "sharknado 3." according to the "hollywood reporter," negotiations went pretty far for the plum role in "sharknado 3." oh, hell no, a contract was drawn up. weeks of silence led to the invitation to mark cuban. michael cohen threatened to sue and shut -- he said he threatened to sue and shut the production down, but he says he doesn't remember getting angry. >> his arch nemesis mark cuban. >> a good story line. delicious. if only we'd have gotten a glimpse of what president trump would have been like. >> what would his hair have been like...

Those are over the center circulation. what you look for with strengthening system here. as it continues to drift its way away from the coast of florida going to keep heavy, soaking, potentially flooding rainfall in place. tampa, southward through the miami area. wind gusts in many cases up to tropical storm force. florida necessarily done with impacts from isaac. warm waters. likely to strengthen to category 2. new orleans eastward through mobile, alabama, potential for landfall, late tuesday, early wednesday. rob, paula. back to you. >> thank you for that report. tropical storm isaac is ha...