Madan Sabnavis

The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.

There is a definite air of optimism as we begin 2024; almost every economic parameter looks better than last year.

Consumer demand has been one of the missing links in the India growth story and it is not surprising that the progress on this front in the period - October-December merits interest.

Economists across the board felt that more such action could be seen from the central bank in the days to come

In view of inflationary concerns, the RBI is likely to maintain status quo on key policy rates in its next bi-monthly economic policy review meeting

In the middle of India's growth concerns, the spotlight shifted to Budget 2019 for a big push towards investment and growth.

From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a dozen of central and state taxes. From the consumer's point of view, the biggest advantage would be in terms of reduction in overall tax burden on goods. For businesses, it means reduction in a multiplicity of taxes and a much simp...

GDP growth rate could take a knock of around 1 per cent to 3 per cent (or 100 to 300 basis points), in the next two quarters.

Net sales of nearly 2,900 companies declined by 1.3 per cent and net profit by 27.1 per cent in the March quarter, despite brokerages lapping up the "stellar performance", Care Ratings has said in a report.

MSP is the minimum price set by the government at which the farmers' produce is procured by the Food Corporation of India (FCI).

The Reserve Bank of India kept key interest rates unchanged in its policy announced on September 30, citing upward risks to inflation. Although the RBI's decision didn't please many corporates and home buyers, experts supported the central bank's decision to hold rates.

Welcoming Standard and Poor's (S&P) move to revise India's outlook to 'stable' from 'negative', market experts have said the country is entering into faster than expected growth mode.

Madan Sabnavis, chief economist at Care Ratings told NDTV that there are conflicting signals on the economic front. The PMI indicates the mood in the industry is pessimistic, but core sector data shows something is happening.

India's industrial production index rose at its fastest annual pace in nearly a year in October, after unexpectedly contracting in September, aided by a statistical spurt in infrastructure-related output, a Reuters poll found.

In a typical democracy like India, regional parties have become strong and they determine how reforms should be implemented . Strong leadership is required

The NSO recently announced that GDP growth for FY24 would reach 7.6%, surpassing its previous forecast of 7.3%. Though consumption, which accounts for approximately 60% of GDP, presents a mixed picture.

There is a definite air of optimism as we begin 2024; almost every economic parameter looks better than last year.

Consumer demand has been one of the missing links in the India growth story and it is not surprising that the progress on this front in the period - October-December merits interest.

Economists across the board felt that more such action could be seen from the central bank in the days to come

In view of inflationary concerns, the RBI is likely to maintain status quo on key policy rates in its next bi-monthly economic policy review meeting

In the middle of India's growth concerns, the spotlight shifted to Budget 2019 for a big push towards investment and growth.

From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a dozen of central and state taxes. From the consumer's point of view, the biggest advantage would be in terms of reduction in overall tax burden on goods. For businesses, it means reduction in a multiplicity of taxes and a much simp...

GDP growth rate could take a knock of around 1 per cent to 3 per cent (or 100 to 300 basis points), in the next two quarters.

Net sales of nearly 2,900 companies declined by 1.3 per cent and net profit by 27.1 per cent in the March quarter, despite brokerages lapping up the "stellar performance", Care Ratings has said in a report.

MSP is the minimum price set by the government at which the farmers' produce is procured by the Food Corporation of India (FCI).

The Reserve Bank of India kept key interest rates unchanged in its policy announced on September 30, citing upward risks to inflation. Although the RBI's decision didn't please many corporates and home buyers, experts supported the central bank's decision to hold rates.

Welcoming Standard and Poor's (S&P) move to revise India's outlook to 'stable' from 'negative', market experts have said the country is entering into faster than expected growth mode.

Madan Sabnavis, chief economist at Care Ratings told NDTV that there are conflicting signals on the economic front. The PMI indicates the mood in the industry is pessimistic, but core sector data shows something is happening.

India's industrial production index rose at its fastest annual pace in nearly a year in October, after unexpectedly contracting in September, aided by a statistical spurt in infrastructure-related output, a Reuters poll found.

In a typical democracy like India, regional parties have become strong and they determine how reforms should be implemented . Strong leadership is required