While some equity analysts have raised target prices for public sector banks, others remain cautious
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
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.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
The answer cannot be that we will beat the disease at the end of the 21 days. And the answer cannot be that it is to halt the spread because the spread is going to happen anyway, notes Aakar Patel.
As an admirer of Japan for close to half a century, I care for Japan and expect Suga to respect the sentiment of his people and cancel the Olympics without further delay, says Rajaram Panda.
Qatar is the world's richest country in terms of per capita income.
For 2015-16, IMF pegged India's growth rate at 7.5 per cent.
In his address at the Plenary session of the 18th SCO summit in Qingdao, Modi coined an acronym 'SECURE' which he explained: 'S' for security for citizens, 'E' for economic development, 'C' for connectivity in the region, 'U' for unity, 'R' for respect of sovereignty and integrity, 'E' for environment protection.
'It is entering growth territory on a month-on-month basis.'
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
FM is likely to raise tax slabs.
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
FinMin does not expect tax or non-tax revenue to reach anywhere close to the targets set in the interim Budget. Sources say that the challenge before the new government will be either to accept the reduced projection and tailor the Budget accordingly or set a more ambitious target.
'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.
India also comes seventh among the biggest losers of happiness in the last one year.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.
The fiscal deficit in current fiscal has been estimated at 3.9%.
India spent USD 63.9 billion on its military in 2017, an increase of 5.5 per cent compared with 2016 and of 45 per cent since 2008.
Centre shows optimism of achieving the target of 4.1% at back of recent measures and turn around in manufacturing.
You can make all the speeches you want, you cannot argue against 39 straight months of slowing, observes Aakar Patel.
The Centre intends to consolidate the 44 central labour laws into 5.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
Morgan Stanley draws optimism from a slew of favourable factors.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
The government on Friday lowered its economic growth forecast.
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
The fiscal deficit rose primarily on the back of lower non-tax revenues, which came in at 60 per cent of full-year target, compared with 62.4 per cent for the same period last year.
Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.
There has been no reboot of the private investment cycle.
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
Tamil Nadu now has India's lowest fertility rate - lower than Australia, Finland and Belgium - second best infant mortality and maternal mortality rate; records among the lowest crime rates against women and children; and has more factories and provides more industrial employment than any other Indian state.
Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.
Analysts say traders have been building long positions on expectations the BJP would sail through in the five Assembly elections
