RBI governor Das flags growth slowdown, deputy raises alarm on inflation
Unheralded left-arm spinner Steve O'Keefe grabbed a sensational match-haul of 12 wickets as a sloppy India slumped to a humiliating 333-run defeat inside three days in the first Test against Australia in Pune.
It is also likely to assume a deflator of around 4 per cent. That could take the nominal GDP outlook for FY21 to around 10 per cent. It is this nominal GDP forecast on the basis of which the finance ministry is calculating key Budget targets like the fiscal deficit as a percentage of GDP and tax revenue growth for the coming year.
Cannot solve problems by perpetuating poverty in the name of environment, the prime minister said.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
The untimely Mumbai monsoon threatens to play spoilsport as there is a fair chance of first day's play being affected by rain during the second Test between India and New Zealand, starting on Friday.
Hotels are using a combination of platforms to reach out to the guests. These include online travel agents among others. hotels in India are offering guests an option to pay now and stay later.
Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.
The Indian business community seems unenthusiastic about the new plan, but it's unclear how much more the government can do
It is for the investigating agencies to probe all aspects of the assassination, including a possible Chinese hand, or if the killer was just a disgruntled element who acted on his own and wanted to earn some dark space in history like Nathuram Godse or Lee Harvey Oswald, notes Japan expert Rajaram Panda.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
RE of GDP for 2015-16 show that the economy grew 7.9% in 2015-16, rather than the earlier estimate of 7.6 per cent.
'We know what we need to focus on and we take a collective decision as a group. Everyone is happy with the win. It gives us more motivation to win the next Test. We have the belief, we are just looking forward to the opportunities. The fans have been amazing as well'
Ganguly convinced the Bangladesh Cricket Board to agree to a Day/Night Test just a few days before their team was to land in India.
Flurry of economic reform suggests Modi realises his muscular nationalism script is getting jaded. Chances are he'll try for economic recovery but stick to what's worked so far, observes Shekhar Gupta.
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
The four-wicket defeat against Kolkata Knight Riders in the IPL Eliminator match on Monday ended Virat Kohli's tenure as the Royal Challengers Bangalore's skipper but he said he will continue to play for the franchise till the end of his career.
Inflation in the 'fuel and power' basket in December slumped to 8.38 per cent, nearly half of 16.28 per cent.
It was exactly 22 years ago when batting great Sachin Tendulkar scored one of his finest centuries to guide India to victory against Australia in an ODI triangular series match at the Green Park stadium in Kanpur. Tendulkar smashed a brilliant 89-ball 100 to register his 13th ODI hundred as India cruised to 223/4 in 44.3 overs for an emphatic victory by six wickets with 33 balls to spare.
Kamra allegedly heckled Goswami, the editor of Republic TV, on IndiGo's Mumbai-Lucknow (6E5317) flight on Tuesday.
Rohit Sharma stroked an entertaining 64 from 34 balls, having hit five sixes and four fours, to power India to victory in the fifth T20I.
As per commerce and industry ministry data, food inflation fell to 4.91 per cent in March from 7.79 per cent in the previous month.
The new IIP series based on the new base year, is expected to lead to better capturing of ground data
The Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks evenly balanced. In its August policy, the central bank had estimated inflation to be at 5.7 per cent due to supply side constraints, high crude oil and raw materials cost.
Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.
New Zealand have drafted in two debutants in the T20 squad besides all-rounder Scott Kuggeleijen, who has played just one T20
A proud Virat Kohli rated his team's bowling performance in the fourth Test among the top-three during his captaincy stint, extolling his players' strong character as India scored a superb 157-run victory over England after conceding a huge 99-run lead.
Murali Vijay celebrated his return to the India side with a hundred, while Cheteshwar Pujara continued his golden run with another century as India dominated the second day of the second Test against Sri Lanka in Nagpur on Saturday.
Ravichandran Ashwin, who has scored four Test centuries, has hit a fifty in each of the three Tests against England while Ravindra Jadeja and Jayant Yadav have also proved they are no dud with the bat.
The majority in the markets believe that a September lift-off is likely.
England bowled India out for 184 on Sunday to win the fourth Test by 60 runs and wrap up the series with a match to spare.
India's run-machine Virat Kohli and in-form Murali Vijay smashed big centuries in a massive 283-run stand to deflate Sri Lanka on the opening day of the third and final Test on Saturday.
India now are the only team to have chased 350-plus thrice and in each of them Kohli has been the backbone with centuries in each.
'At this moment, investors should look for relative value within sectors and clear visibility (third-wave-or-not) on earnings delivery.'
Technically, the Indian economy is on road to recovery.
Deep down, Kohli perhaps well understands that in the most challenging of conditions, his team needs more than just his sheer force of will to succeed. It requires that extra skill, tenacity and temperament. His jigsaw is near-ready; he just needs to find the final pieces, observes Dhruv Munjal.
Global brokerage firm CLSA is positive on India's growth stroy.
While number of commitments inched up in 2015, its value slipped 23% to 11-year low.
'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy.'
India face an embarrassing defeat after Alastair Cook's fairytale farewell knock and Joe Root's classy hundred enabled England to pile more misery on the visitors on Monday, the penultimate day of the fifth Test.
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