Top economic news of the day

India Infoline News Service | Mumbai |

Officials in the department of agriculture feel the impact of El Nino, could be pronounced in the latter half of the four-month rainy season

Foreign direct investment in the services sector declined by about 54% year-on-year to US$2.22bn last fiscal, according to data from the Department of Industrial Policy and Promotion. (BL)

Airlines plans to import jet fuel directly may be a step closer to realisation, with the Ministry of Civil Aviation recommending sharing infrastructure of oil marketing companies with airlines in its presentation to be made before Prime Minister Narendra Modi. (BS)

Officials in the department of agriculture feel the impact of El Nino, could be pronounced in the latter half of the four-month rainy season. The northwest, central and western parts of the country were more vulnerable to El Nino, they added. (BS)
 

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