IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now
The signs of further weakness in the Indian economy are emerging from every high-frequency data indicator.
Kotak Mahindra Bank Ltd, the nation’s third-largest lender by market value, trimmed its full-year loan growth forecast, while the sixth-biggest bank Axis Bank Ltd said its small business and small and medium enterprises categories have come under pressure due to delayed payments
The Narendra Modi government’s ambitious target of a $5 trillion economy by 2024 has triggered interesting debates.
Rising costs, muted realisations likely to hit profitability of tea firms; share of exports to stay at 18-20%: Report
In 2017, India accounted for 23 percent of the global tea production.
The debate on the re-emergence of macro stability risks has intensified owing to the rising headline inflation, widening trade deficit and also the widening the fiscal deficit targets for both the current and next fiscals.
We are just waiting to declare ourselves number two once we get quarterly results or half-yearly results