The survey predicts that agricultural growth would contract by 1 per cent this fiscal, but the industry would grow by 8.5 per cent, and services by a smart 9 per cent.
The objective of the survey is to find out employee salary expectations. The results will be out in September 2012 and featured on Rediff.com.
The objective of the survey is to find out employee salary expectations. The results will be out in September 2012 and featured on Rediff.com.
At least 34 people were killed during Cyclone Fani, which barrelled through coastal Odisha on Friday last, causing widespread destruction and leaving hundreds grappling with water shortage and power cut.
A majority of Indians who live in the US and send money home say they are overqualified for their jobs here and find their US workplace to be less stressful
Hong Kong-based Political & Economic Risk Consultancy Ltd said corruption in more than half of the countries covered in a survey was deemed to be worse this year than last year.\n\n\n\n
The business confidence index for Indian companies has bounced back to 156.8 points in the April-June quarter of 2010 after falling to a low of 81.6 during the same period last year.
Estimates say finances to go 268% more than Plan allocation.
'We can go somewhere between 35 per cent and 40 per cent.'
The Survey has expressed concern at rising prices and advised measures to contain inflation while sustaining high growth.
India's GDP is estimated to grow at 7.4 per cent in the financial year 2022-23 with rising prices triggered by the Russia-Ukraine conflict posing as the biggest challenge to the global economic recovery, Ficci's Economic Outlook Survey released on Sunday said. According to the survey, the Reserve Bank of India (RBI) is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps is expected by the end of the current fiscal. The RBI is expected to continue supporting the ongoing economic recovery by keeping the repo rate unchanged in its April policy review, the survey said.
'The finance minister has messed up the economy.'
If the Budget is status quo, the market will not fall much and the rewards for going long would be high.
If the Budget is status quo, the market will not fall much and the rewards for going long would be high.
India's food inflation was the second lowest among all emerging economies in the 2010.
Extreme poverty in India declined by 38 million in 2021 to 167.49 million after a surge in the two preceding years, but remained above the 2018 level, the latest World Bank data shows. While for most countries poverty rose in 2020, when the Covid-19 pandemic hit the global economy, the data shows poverty shot up in India a year earlier in 2019 to 176.09 million from 151.79 million in 2018, the lowest pre-pandemic count. India's poverty rate at 11.9 per cent in 2021 also remained higher than the 2018 level of 11.09 per cent, though easing from 14.72 per cent in 2020.
Buoyed by healthy farm output and narrowing current account deficit, India is the seventh most economically confident country in the world, a study by global research firm Ipsos has said.
60 per cent of the companies reported improved industry performance at present, compared to the last six months.
A majority of employees in the country expect better salary hikes in 2014 compared to previous years, spurred by hopes of brighter economic prospects.
National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.
The map above shows the disparity in Monthly Consumer Expenditure as reported by the 68th round of National Sample Survey.
The major focus of this year's Economic Survey was on pushing economic growth, which has been projected by the Central Statistical Organisation at 5 per cent for this fiscal, sharply lower than the original estimate of 7.6 per cent (+/- 0.25 per cent).
The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.
"Given the compositional shift in the food basket of a common household and its impact on consumption demand, improved supply response is critical for ensuring price stability in food items," the Economic Survey 2011-12 said.
The session will begin with President Ram Nath Kovind's address to the Lok Sabha and Rajya Sabha assembled together in the Central Hall and chambers of both the Houses in view of the COVID-19 situation.
India decisively withstood global headwinds in 2023 and is likely to remain as the world's fastest-growing major economy on the back of growing demand, moderate inflation, stable interest rate regime and robust foreign exchange reserves. Despite widespread pessimism witnessed among the developed nations and the worsening geopolitical situation, India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
'The numbers are null and void now. Look, we can give out projections now, but we know that a week later those numbers will also be irrelevant. So we need to wait,' a top government official said.
They expect the region to enter a period of strong recovery and growth as early as the fourth quarter of 2009, according to a global survey of CFOs conducted by American Express. Thirty nine per cent of CFOs in Asia and Australia are expecting economic expansion in their country compared with only 18 per cent of global respondents. On the other hand, 45 per cent are anticipating a contraction compared with 72 per cent of global respondents.
An upward trend in employment has been continuously observed since July 2009.
IIP-based cumulative industrial output growth during April-December 2010 was 8.6 per cent, on a par with the growth rate of the corresponding months of the previous year, says the Economic Survey 2010-11 which was presented by the Union Finance Minister Pranab Mukherjee in the Parliament on Friday.
The Survey points out that the increased Minimum Support Price along with various other steps taken by the Government have resulted in higher levels of food-grains.
Electricity generation during 2011-12 was targetted to increase by 5.4 per cent to 855 billion units.
Finance Minister Pranab Mukherjee on Thursday said that financial year 2009-10 was ending with clear signs of economic rebound and the growth would rise to about 8.5 per cent in the next fiscal.
It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on Tuesday that the government is taking steps to make the country a $5-trillion economy at a date earlier than the IMF's projection. In that context, it would not be difficult to meet the projection in the third quarter of FY27.
Diesel price should be freed, open market grain purchases should be ended.
Gandhi said farmers asked him during his Bharat Jodo and Bharat Jodo Nyay yatras about why they were not getting the benefit of loan waivers like billionaire industrialists or MSP (minimum support price) for farm produce.
India's economic growth could fall to 5.5 per cent this fiscal before seeing gradual recovery next year, a RBI-sponsored survey said.
External Affairs Minister S Jaishankar on Tuesday said it was necessary to acknowledge that China will influence India's neighbouring countries, and India must not be scared of such "competitive politics".
