Economic Revival

Uday Kotak says India Inc must 'go for growth' to fire up animal spirits, in year-end musing

Kotak Mahindra Bank founder shared a set of ten forward-looking priorities to guide for sustainable growth, and to seek global competitiveness. Uday Kotak's blueprint mentions the need for urgent focus on growth, by reigniting enterprise and the entrepreneurial 'animal spirits' to drive innovation and wealth creation.

India is witnessing early signs of sustainable economic revival: Deepak Parekh

Mumbai, Jun 27 The country's economy is seeing early signs of sustainable revival amid a volatile global environment, veteran banker Deepak Parekh ..

India to grow fastest among large nations in FY23: Finance ministry

The ministry has said that the current financial year will end with an "economic reset"

Airport infra sector expected to turn around this fiscal with Rs 3,200-crore operating profit: Report

The true-up of traffic for FY2021 has been considered in the current control period. Further, considering the impact of a second wave of the pandemic on air traffic in Q1 FY2022, the regulator has decided not to increase the tariff for FY2022, as the sector is in the recovery phase and an increase in tariffs had made with effect from April 1, 2022, ICRA said.

Offline merchants outpace online peers in digital payments, says PhonePe study

The Pulse report which is based on PhonePe’s 32 crore user base said that transactions in the July to September quarter grew by 33.6 percent QoQ to 526.4 crore. Chandigarh topped the charts in digital payments with a 50 percent QoQ growth.

Economic revival? Focus on skilling India’s working age population

India’s demographic dividend does not offer an automatic advantage. Timely policy intervention is required, especially in addressing the skill deficit and the skill gap

India and China have broken a 500-year jinx

A recent paper by Arvind Subramanian et al says developing nations are catching up with the advanced economies

Exclusive | Budget 2021: Economic revival top priority; Modi govt planning public spending boost

Budgeted capex for FY2021-22 could easily cross Rs 6-7 lakh crore and the government finds itself unencumbered by strict fiscal considerations. The 15th Finance Commission is learnt to have recommended a fiscal deficit target range for each year of its award period, till 2025-26

Recovery signs visible at capital goods companies, government support crucial

With workers returning, execution is normalising. Customers are investing in efficiency improvement measures. Orders are emerging from new age industries and efficiency improvement investments by clients

Watch: Big Story | Decoding the sharp uptick in February IIP growth

In this episode of Big Story, Moneycontrol's Sakshi Batra decodes what led to the sharp uptick in the industrial output.

Budget 2020 | Economic revival has agriculture as a good starting point

Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows

Stars are aligning. Expect a gradual economic revival in 2020

As for India, recovery efforts will have to focus on fiscal measures to support consumption and investment

See Sensex at 29K by Dec 2016; no Fed rate hike: BNP Paribas

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

ACC Q3 net down 40%, says eco revival slow than expected

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.

Recovery slow; see double digit FY16 growth: Ashok Leyland

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.

It's advantage India as global stock, commodity mkts slump

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.

India under Modi on cusp of major economic revival

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.