Capital goods firms say recovery a year away

Engineering companies do not agree with stock market bets on a recovery of the industry in six to eight months. Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign......

For India's surging economy, small is beautiful

India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product. Image: Sales at smaller private firms grew 12 percent in 2014/15. Photograph: Amit Dave/Reuters......

'We are a consumption-based economy, demand will not go away easily'

For India Inc, latest GDP figures signal a turnaround. Corporate houses across the country are pinning their hopes on the latest GDP growth numbers for a turnaround in the economy. Earlier last......

After steep rate cuts, RBI hands over baton to Delhi

When the Reserve Bank of India (RBI) cut interest rates by much more than expected this week, government officials hailed it as a victory after months of imploring Governor Raghuram Rajan for......