Inflation and interest rates seem to be on top of everyone's mind at the moment.
Driven by a surge in manufacturing sector, the Index of Industrial Production is estimated to grow at 7.5 per cent in the current fiscal, according to Centre for Monitoring Indian Economy.
The government's promise to review the tax structure for automobiles industry notwithstanding, the Centre for Monitoring Indian Economy on Monday
Buoyed by the upbeat performance of the manufacturing sector, including metals, Centre for Monitoring Indian
Passenger cars sales in India are expected to clock a 14 per cent growth this financial year on higher demand for compact and mid-sized cars, economic think-tank CMIE has forecasted.
With improved prospects for the farm sector, Centre for Monitoring Indian Economy on Friday raised the economic growth forecast for 2005-06 to 6.8 per cent from the earlier six per cent.
With prices of fuel, sugar and metal products likely to remain high, the Centre for Monitoring Indian Economy on Tuesday raised the inflation forecast for 2004-05 to 6.5 per cent from the earlier estimate of five per cent.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Kharif foodgrains production will touch 103 million tonnes in 2003-04 compared to 90.5 million tonnes produced in the last year, according to the Centre for Monitoring Indian Economy.
'The roadmap ahead seems very difficult especially in the rural areas where there is very poor infrastructure, vaccine reach and hesitancy.' 'These are a deadly cocktail for the next wave.'
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
Backed by investment activity and healthy performance of the services sector, the economy is expected to grow at 6.2 per cent in 2004-05, according to Centre for Monitoring Indian Economy.
The delay in the current year's monsoon rains has heightened uncertainty over India's economic growth and pushed up the risks of a drought, according to a leading independent forecaster.\n\n\n\n
The real gross domestic product growth is likely to touch 9 per cent in 2003-04 based on better than expected performance of the agriculture sector, according to Centre for Monitoring Indian Economy.
The Centre for Monitoring Indian Economy on Thursday revised growth forecast for the country's economic growth upwards to 6.2 per cent in 2004-05 as against earlier estimate of six per cent.
The Centre for Monitoring Indian Economy on Monday revised its projection of the GDP during 2003-04 to 8.2 per cent, much higher than the earlier forecast of 7.4 per cent.
'India is nowhere near the peak of the infection given its large population of 1.3 billion'
The elections held in April-May 2019 will be an important determinant of future growth and investment.
Modi said his government was committed to provide equal opportunities to all sections of the society.
Despite concerns over the progress of monsoon, the Centre for Monitoring Indian Economy on Thursday said the Indian economy would grow at 6.3 per cent in 2004-05.
Clocking its highest growth in the last two years, the services sector has recorded a nine per cent increase in sales during the quarter-ended June 2003, a leading economic think-tank said on Monday.
The Reliance Group and the Tata Group have emerged as first and the second largest wealth creators in the private sector for the financial year 2003-04 based on market capitalisation of group entities.
Driven by erratic monsoon and higher global crude prices, inflation is likely to grow by 5.7 per cent in the current fiscal ending March 2006, according to the Centre for Monitoring Indian Economy.
Centre for Monitoring Indian Economy expects industrial growth to slow to 4.5 per cent during 2003-04, due to adverse impact of drought on rural spending.\n\n\n\n
'Politicians's slogans on social distancing, showered like petals from their ivory towers, mock every single moment of pain and distress imposed on the vulnerable down below, at migrant labour stuffed like chickens on goods trucks, trying to get home at all costs,' observes Veenu Sandhu.
The Centre for Monitoring Indian Economy revised upwards its industrial forecast for 2003-04 by 1% to 5.5% as the food sector is expected to show a positive 3% growth as against the earlier projection of a decline of 0.4%.
Buoyed by the surge in India's exports for April-December 2002 despite global slowdown, the Centre for Monitoring Indian Economy on Monday revised the export growth forecast for 2002-03 from 10 per cent to 18.7 per cent.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances