However, 39% of companies still plan to offer increases of 10% or more: Aon survey
With the virus continuing to spread, it is still too early to make a final assessment of the impact on China (A1 stable) and the global economy.
Since income generation from economic activities and jobs is crucial to the recovery of bad loans, focusing simply on the effectiveness of the recovery tools will hardly make a difference.
The economic slowdown has taken a toll on the state's industrial growth and consequently the collection of taxes, which is further putting a strain on its finances
Bengaluru company is scaling down initiatives & Gurugram firm is aggressive
Revised target price indicates upside of 7-10% from current level
"Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and will help propel growth further," Sanjeev Sanyal, principal economic adviser to govt, said
She said increasing Foreign Direct Investment, rise in factory output and over Rs 1 trillion GST collection in the past three months are indications of green shoots in the economy
Initiating the debate on the Union Budget for 2020-21 in Rajya Sabha, he said rising unemployment and falling consumption was making India poorer
The joint venture - 60 per cent held by ArcelorMittal and the balance by Nippon Steel - was renamed AM/NS India
Besides the traditional segments, the demand for co-living, co-working and senior living is keeping the sector buzzing
FM says country's macroeconomic parameters are sound
Business Standard Opinion pieces for the day talk about issues related to policy and politics
What is unusual about the current period of slow growth is that it has come without an exogenous driver, unlike all previous periods of slowdown, going back 50 years, writes T N Ninan
The country has recorded high double-digit credit growth in the past and is capable of achieving similar growth now as well, they added
Rejecting pessimism over the target of nearly doubling the size of the economy to $5 trillion, he said aspirational targets were needed to move ahead
At 5 per cent, GDP growth in the current year would be an 11-year low. Worse, this will also mark a deceleration for a third straight year, writes A K Bhattacharya
If doing away with tax exemptions is not 'bold', what is? It has annoyed savers which is as good a definition of 'bold' as you will ever get. Structural reform is like that only
Asked whether the flat Indian defence Budget was impeding US sales, the US ambassador to India blamed 'the slowdown'
Better jewellery product mix led to sales rise, gold price trend will be key hereon