The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
Bad debt rules are steps in right direction.
India showed revival signs in the March quarter.
Experts said a future rate cut would depend on the inflation.
This time there has been a rather peculiar criticism of the latest GDP numbers.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Prabhu's maiden Railway budget is high on vision.
A collapse in global oil prices has unleashed a wave of monetary easing.
Rather, the existing ones should be implemented speedily to clean up the mess.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
With weekly additions slowing, it's likely that demand could be slackening
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
Mixed global cues and decline in crude oil prices further dent the sentiments.
Moving from pricing control to a free market means stiff competition.
Power generation and distribution is the most indebted sector
Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
Petrol prices on Thursday crossed Rs 73 a litre mark, the highest level since the BJP government came to power in 2014, while diesel touched a record high of Rs 64.11 a litre.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
The budgeted indirect tax collection target is Rs 9.26 trillion, and the Centre has collected around Rs 5 trillion in the first 8 months. So it needs another Rs 4.2 trn in the last four months
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The festive season starts from August and last till December.
The Indian basket represents the price of Oman and Dubai sour grade crude.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
Nearly 240 projects were under various stages of implementation.
While India is catching China in motorbike sales, it lags far behind in cars, which use more petrol per journey.
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Deflation masked the rise in food inflation to a 5-month high.
The industry has stepped up its demand for a rate cut
RBI may hold rates steady as economic parametes are going strong, say experts.
Dy Governor notes it's an era of job changes for better.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
