While previous concerns such as domestic as well as global economic slowdown continue to remain, valuations have become attractive due to the improvement in the underlying fair value.
Punjab is unaffected by the crisis, because for some reason people are looking at us and money is coming into the system
The government has worked towards ease of doing business over the past five years, DPIIT Secretary Guruprasad Mohapatra said
Jewellery, garments, construction bear brunt of downgrades as slowdown, sharp fall in consumption demand, slower govt spending weigh
The bank had reported a 1.40 per cent gross non- performing assets ratio in June quarter
India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June
Car sales in August fell the most on record and Maruti Suzuki India Ltd
Against this backdrop, says the industry, the corporate tax cut announced by the central government is not going to change much for now
Farm reform focus should shift to income generation
Mumbai, 25 SeptemberAmid the economic slowdown where most sectors are not expecting strong growth this festive season, the express industry (a term for those offering integrated shipment delivery services) has a slightly different story to tell.Demand is not as high as last year but the those in the sector expect reasonable growth this season. "While we remain cautious and are still assessing the impact of slowdown, it will not be a downturn but lower growth than last year," said Abhishek Chakraborty, executive director at DTDC. "If average demand growth rate was 40-45 per cent last year, it would be 15-20 per cent this year. I will be positively surprised if it goes beyond 20 per cent demand growth."Chakraborty said the mood in middle and lower income groups was pensive, since job security in several sectors is low. "But, it does not take away the fact that people will spend during this season, as it is also more to do about the culture and religious aspect."Sector entities believe ..
Concerted actions across all stakeholders could create a unified push for a thriving automotive industry
Smaller clubs forced to curtail budgets, scale down celebrations
Almost all the talk at present is about import substitution and raising tariffs, but a fundamental reason for India's recent slowdown has been its failure to generate export momentum, writes T N Ninan
The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the government to boost growth, says a report. According to D&B Economy Observer report, a pick-up in the industrial production will only be gradual and an uptick is expected to be visible during the festive months of September and October 2019. "The slowdown is real and there is need' to be cautious, but it is too early' to press the panic button," Arun Singh, Chief Economist, Dun & Bradstreet India said, adding that the magnitude of slowdown is not as deep as was witnessed during the global financial crisis in 2009 and the debt crisis in 2012. Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown. He further noted that the loss of momentum in investment demand is "worrying". Besides, low business optimism, low returns on investment .
Going long on the rupee with borrowed dollars offered the best returns in the past month in Asia
As soon as you detect straws in the wind-peers receiving the pink slip, projects getting shelved, etc.-start preparing for the worst
How an economic slowdown can be a branding opportunity for companies
Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes
Why the impact of the corporation tax cut may not be as substantial on the fisc or on India Inc
While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings