As other sectors are not doing well, the industry can help to boost numbers.
After lower proceeds from 2G spectrum auctioning, economists question if government can meet the fiscal deficit target.
According to the figures released on October 31, the deficit till September had inched down to 65.6 per cent of the budget estimate for 2012-13, compared with 65.7 per cent till August.
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
Investor confidence, in general, in the world is weak and that has spilled over in India.
Despite rising subsidy bill, says fuel price action and other steps in contemplation would keep it at 5.3% of GDP, not more
The tide of the global economy has again turned to anti-growth in general.
The yellow metal has risen 6.6 per cent since mid-August
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday pegged India's growth this financial year at 6.5-7 per cent. He added the country had taken various steps to boost investment, the results of which would be seen in six months.
Prime Minister Manmohan Singh on Saturday asked European countries to take firm steps to fix the continent's financial mess, which was hitting India's economic growth and dampening global markets.
The sales growth rate has been a 10-quarter low, dragged by slowdown in the key sectors -- capital goods, construction, infrastructure, non ferrous metals, steel and telecom -- that had contributed to India Inc's growth story in the past.
Sharp rupee fall, interest differential on export finance rates may have led to arbitrage in gold.
Corporations and business associations must strengthen their direct communications and consultations with citizens - and earn the trust of society.
Like the previous two plans, the 12th five-year Plan (2012-17) also officially began without a final document in place.
Officials do not believe economic growth would go down as low as 6.8 per cent.
Earlier expectations of gold imports touching 1,000 tonnes in 2011 have been belied, with a steep fall in imports in recent months.
Crucial financial sector reforms are again stuck, despite Finance Minister Pranab Mukherjee's appealing to political parties to help pass the legislations in this regard.
Even so, whenever a hitherto closed sector has been opened to FDI or the sectoral investment cap has been raised, the move has drawn strong protest. The latest instance is multi-brand retail.
The board has decided to expand into all financial services for the rural population. SKS would, however, continue to be a strong player in the microfinance business. Financial inclusion would continue to be in the centre of our activities.
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