Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Advantages are not being leveraged fully mainly because of lack of funds, say experts.
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Global investment is agnostic when it comes to nationalism, says Kanika Datta.
'The government must keep bad news out of the newspapers. If you have news about a fight everyday, it is not a climate where investment takes place.'
'We need to do more to accelerate growth.'
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
RBI is expected to slash rates by 150 basis points till end-December 2016.
The index is more expensive than it was at 2014-end or when it hit a life-time high in January.
The implication of a slowdown in the financial services sector are very different (eg, likely to affect fewer people directly, and even that affecting those at the top of the income distribution) from that of a slowdown in construction, one of the most employment intensive sectors in the Indian economy (that will affect aggregate demand much more).'
Money will flow to Europe, Japan - and the emerging markets, including India.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Group Captain Murli Menon (retd) reveals how India can neutralise the Pakistan air force's combat capabilities without firing a shot.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
The better performing states throw up more employment opportunities including at unskilled levels.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
After a volatile session, Sensex closed the day 563 points lower
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
.jpg)
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
Deal to bolster firm's position in healthcare IT.
'Narendra Modi has had very good luck. Firstly, the fall of oil prices. You don't get that very often in your life and you certainly don't get that often when you are in government.' 'Secondly, the fantasy of Indian reforms has led to very strong capital inflows to have made his job much, much easier.' 'You ride the winds in times of fortune and he hasn't done that. At least, not yet.' 'Those winds of fortune which are blowing your way can certainly turn around easily. There are quite a few headwinds coming up. He may well, history will show, have missed the opportunities that existed.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances