Route to $5 trillion facing headwinds: Bank CEOs
Banking executives said though there are opportunities in some segments of the economy, the aim to make India a $5-trillion economy will need a lot more effort.
Even India’s hiring activity slowing as economy cools, says Care Ratings
Banks, insurers, automakers and infrastructure firms are among those...
Inventory correction a respite passenger vehicles dealers even as sales continue to fall
The unsustainable cost of holding high inventory had...
We are positive about growth; despite the slowdown: Nestle MD
The maker of Maggi noodles and Nescafe had delivered 10.5% volume growth in the second quarter ended June 30, 2019, bucking the overall consumption slowdown.
All is not well is the byword as Shaktikanta gives India 'Panglossian'
A mood of doom and gloom will not help anyone at this point, Shaktikanta Das said.
India's fiscal deficit goals threatened by tax evasion as demand wanes
There have been many cases of bogus billings, tax evasion and fake invoicing, according to PwC.
The economy will only look up from here on: Rahul Shukla, HDFC Bank
We have a consumption issue which will pick up as we go along in the second half.
Price surge spells ‘hell’ for India gold demand
India’s consumption of gold has been affected by the govt’s efforts to curb its trade deficit.
Weak investment, muted monetary transmission big challenges for Indian economy: Goldman Sachs
The challenges for economy include weak investment, muted monetary transmission and slow GST collections.
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