In view of the ongoing slowdown, which has impacted demand in rural India, ITC doubled its rural stockist network in the current fiscal year
Agarwal said while the company is managing internal factors, external factors such as the general economic scenario in India is having an impact on sales growth
The right fiscal-monetary-external balance must be achieved to nurture and harness a nascent recovery
The 58-year-old Indian-American economist said the banking and infrastructure sectors were in need of funding from the government
Sitharaman will place the budget proposals on Saturday and all eyes are set on the government, which is likely to announce measures to revive the economic growth
"The sluggishness of the vehicle market in the country is going to be short-lived. We hope that sales of passenger vehicles will record pace by July-August before the festive season," Tata Motors said
Economic slowdown leaves Finance Minister Nirmala Sitharaman with a difficult choice in her second Budget - whether to rein in fiscal deficit or widen ot to stimulate the economy
Banerjee also said that demand slowdown in the automobile sector also shows that people are lacking confidence in the economy.
In FY16, return on invested capital for the BSE 500 companies was 10.45 per cent; at the end of FY19, it had improved to 11.55 per cent
The periodic data from the Reserve Bank of India highlights how the slowdown is hurting the banking sector
Consider buying stocks of companies that command brand loyalty
The data on companies' inventory, a balance sheet entry, is only reported on a half-yearly and annual basis and is not available for Q3
The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan
In 2018, India's household debt-to-GDP was at 11%, versus 76% in the U.S. and 54% in China, according to International Monetary Fund data.
World GDP growth will be less than three per cent, and even with revised estimates, India's GDP growth will be more than the global average, says Hari Mohan Bangur
From lessons the years of slowing growth hold for Budget to how a takeover code for unlisted companies will help, here's a selection of Business Standard Opinion.
Markets to open for regular trading on February 1
Firm trading at 19x its FY21 earnings, with peers trading at 35-45x
The persisting downturn is resulting in lower revenues and rising deficit, reducing the space for a fiscal stimulus
The slump in consumption has hit the rural sector hard