The election results wil have a positive or neagtive impact on the economy depending on which party will win the elections.
Electricity shortages hold back economic growth, but easing them risks further damage to the environment.
'Price spike shaved 1 percentage point off GDP growth'.
Indian economy is expected to grow at decade low of 4.9 per cent in 2013-14.
Undeterred by the stock market volatility, uncertainty due to the Ukraine-Russia war and high inflation, equity mutual funds continue to remain attractive choice for investors for the 15th straight month, registering a net inflow of Rs 18,529 crore in May on robust SIP numbers. This was higher than Rs 15,890 crore net inflow in April, data from the Association of Mutual Funds in India (AMFI) showed on Thursday. Equity schemes have been witnessing net inflow since March 2021, highlighting the positive sentiment among investors.
Last fiscal, diamonds worth about $900 billion were sold globally of which those worth about $20 billion came back to India for recycling.
Kamal Nath, minister of road transport and highways, pitched for American investment and advanced technology transfer in infrastructure development in India's road sector in New York last week.
The report said even though overseas demand will take some more time to revive, robust domestic consumption and rising investment would place the economy firmly on the growth trajectory.
The Asian Development Bank (ADB) on Thursday lowered the growth forecast for India to 6.5 per cent for the current fiscal, from the earlier 7 per cent projection, on the back of subdued demand and high inflation.
Having seen reinforcement from North Block, analysts have begun to see the silver lining in the Indian markets.
India and China are the world's two fastest growing economies, coming out of the global financial crisis relatively unscathed.
HSBC's downward revision is in line with similar kind of revisions by a host of other think-tanks, research houses, investment banks and other agencies like the UN, Morgan Stanley, Goldman Sachs, Merrill Lynch, Stanchart and Citi.
'The markets have corrected almost 8-9 per cent from their highs, so one can accumulate quality stocks at reasonable prices.'
The UN World Economic Situation and Prospects 2014 report said a mild recovery in investment as well as stronger export growth will help in the gradual GDP pick-up.
Fitch Ratings on Wednesday cut India's growth forecast to 10 per cent for the current fiscal, from 12.8 per cent estimated earlier, due to slowing recovery post second wave of COVID-19, and said rapid vaccination could support a sustainable revival in business and consumer confidence. In a report, the global rating agency said the challenges for banking sector posed by the coronavirus pandemic have increased due to a virulent second wave in the first quarter of the financial year ending March 2022 (FY22). "Fitch Ratings revised down India's real GDP for FY22 by 280bp to 10 per cent, underlining our belief that renewed restrictions have slowed recovery efforts and left banks with a moderately worse outlook for business and revenue generation in FY22," it said. Fitch believes that rapid vaccination could support a sustainable revival in business and consumer confidence; however, without it, economic recovery would remain vulnerable to further waves and lockdowns.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It has blamed lack of political will for the slow reform process.
Noting that India's rapid growth is a critical engine of global economy, PepsiCo chief Indra Nooyi has said the business community in the United States was eager on playing an active role in the country's future economic development.
If numbers change, there will be scope for more rate cuts.
The commission in its recent assessment of the economy also expects economic growth to go up to nine per cent in 2011-12, and further to 10 per cent in 2014-15.
The central bank also asserted that the country is ready for the tapering of the US Federal Reserve's bond purchases.
Despite several hurdles still to be crossed over for the ambitious expansion of nuclear power production in India, N-power is inevitable for the country's growth as well as to save future generation from inflation, a top executive of PricewaterhouseCoopers said on Thursday.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
China spends seven times more on infrastructure than India.
China spends seven times more on infrastructure than India.
RBI in its monetary policy forecasts the economy would grow at 6 per cent with an upward bias this fiscal, a rate that's in tandem with the Prime Minister's Economic Advisory Council Chairman C Rangarajan's projection of 6 to 6.5 per cent.
Singh highlighted eight specific areas for cooperation between India and China.
The finance minister said the early signs of improvement in the Indian economy are seen despite no big recovery visible in the global economy.
Shashi Tripathi, member of India's Union Public Service Commission discusses India's changing demographics with Ajit Jain.
Central goal of the Budget must be to restore confidence in the prospects for rapid growth in India.
India should continue with the pending reforms in many sectors to get the economy back on track and take it to a high growth rate, says Arvind Virmani, chief economic advisor to the government, in an interview with Business Standard
If either failure of comprehension stays uncorrected, 2012 will be a singularly disastrous year, says Mihir S Sharma.
'I don't see any major setback for the Indian markets post the US Fed event.'
Three weeks ahead of the Budget, Asian Development Bank expressed concern over high fiscal deficit, which, it said, was acting as a roadblock to India's economic growth.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
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