Survey shows pessimism on operating parameters and overall economy's prospects has risen sharply; companies want measures to revive growth
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
'A lot of people -- whether farmers, students or businessmen -- think when they take a loan, that everything will go well and they will pay back.' 'Sometimes, things don't go well.'
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
A glance back at some important events that occurred in 2018.
The government has provided a long-term vision.
San Francisco Bay Area's investor community hopeful that Prime Minister Narendra Modi's Silicon Valley visit will lead to policy changes.
'Freebies are yet be proven a 'pucca' vote-catcher. But don't say that to KCR because he takes pride in two things: His record of delivery and imagination,' says Shekhar Gupta.
There are conflicting signs on India's investment cycle.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
India's indigenous paper manufacturers are forced to use a variety of raw materials.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
In the December quarter, Sensex earnings had contracted 5 per cent.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
The state government has formed two committees under the chief secretary and the cane commissioner on the matter.
With EU, it is part of the FTA that we will need to negotiate.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
