In this episode of Big Story, Moneycontrol's Sakshi Batra decodes what led to the sharp uptick in the industrial output.
Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows
As for India, recovery efforts will have to focus on fiscal measures to support consumption and investment
Manishi Raychaudhuri of BNP Paribas says economists were initially of the view that the US Federal Reserve will raise rates thrice in 2016, but now they feel that it may not raise rates even once in 2016 and 2017
The company, which follows January to December as its fiscal year, had posted a net profit of Rs 192.60 crore during the same period last year, ACC said in a BSE filing.
In an exclusive interview to CNBC-TV18, Vinod Dasari, managing director, Ashok Leyland, says the company is confident of maintaining its market share and will not chase the same by playing the discounting game.
As global stocks fall, so will Indian indices. But our market decline will be shallower than that of the others, for we are fundamentally a domestic demand-driven consumption economy. The psychological impact of a global stock decline will wear off.
The closing of the gap between real and nominal growth rates tells us two stories â€“ a positive one about the NDA‘s big success in killing inflation despite a weak monsoon year in 2014; and a less positive one on industry‘s inability to raise prices â€“ which is good for consumers, but bad for profitability and investment.
The per capita expenditure is expected to witness a growth northward of 25 percent over the next 3-5 years.
Speaking at the CII Southern Annual Regional, Kris Gopalakrishnan, executive vice chairman Infosys and president of CII, said India cannot afford a period of political instability and that it must strategize to reprise a high growth.
India in 2013 will be cacophonous; a mix of politics, impending elections, reforms and economic revival expectations, Citigroup said in report.