The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March. "This may also reflect the growing perception of India becoming an attractive destination for investment in the backdrop of a decline in the growth of major economies of the world and continued easing of monetary policy by the US Fed," it said on Friday. "Despite the deceleration in GDP growth for the sixth consecutive quarter, the stock market continues to be upbeat about the country's growth prospects," the Survey said. The net FDI and net Foreign Portfolio Investment (FPI) in first eight months of 2019-20 stood at USD 24.4 billion and USD 12.6 billion respectively, more than the inflows received in the corresponding period of 2018-19, it added. Benchmark indices Nifty50 and S&P BSE Sensex reached record highs
The production of major minerals during 2018-19 has recorded a growth of 25 per cent over previous year in terms of value, it said
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
India faces its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter
The government will today release the Economic Survey for 2019-20 which will detail the economic performance in the year amid concerns over a deepening slowdown
Bank employees union to go on a nation wide strike starting today, India plans to evacuate its citizens in Wuhan. Here're the top events of the day to keep an eye on
The Survey, a detailed report card on the economic performance in the year, comes amid concerns over a deepening slowdown
The onus of rescuing economic growth has been placed squarely on exports, since the share of consumption in gross domestic product (GDP) remains constrained
The model law can help fix a struggling housing market
This will be the first time after 2015-16 when the budget will be presented on Saturday
By definition, short term policy is the equivalent of flying by the seat of your pants. You take your chances
It may be hard to square data with the revival being forecast, but economic soothsayers may well be right when they predict 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4, T N Ninan explains why
This is 0.4 percentage points higher than estimated by the Economic Survey for 2018-19, owing to a slowing economy
Despite the challenges, the Survey noted that electric vehicles will be the future in India
The Economic Survey correctly argues for investment-led growth. The Budget understandably wants to tap a cheap pool of global savings. But can these co-exist?
The focus has to be as much on keeping the risk premium in check as on controlling the levels of the risk-free rate