RBI paper notes that synchronisation has increased owing to common events like weather shocks and changes to global crude oil and commodity prices
Soda ash volumes for Tata Chemicals grew for the second consecutive quarter and prices in the spot market are rising
In this episode of Decoding Business Growth we will tell you how Nisaba Godrej, daughter of business tycoon Adi Godrej, turned around underperformer Godrej Agrovet into an entity that generates 40 percent of revenue for Godrej Industries.
Sonal Varma of Nomura sees business cycle recovery starting to come back. She says relative to manufacturing, it is the services side of the economy that is doing much better.
Sonal Varma of Nomura Financial Advisory & Securities believes the Reserve Bank is taking a medium-term view on inflation and wants to see it at 4-4.5 percent. Her base case is still for a rate cut in January 2016.
Dr. Sam Thomas, Director of Research, BluFin tells CNBC-TV18, various macro variables, including primary and secondary variables have been taken into consideration for creating the business cycle index. It will be an efficient tool for detecting a particular phase of the business cycle in the Indian economy, explained Thomas.