COVID-19 was first detected in Wuhan in China in December and has since affected thousands of people across the globe
He noted that since about 2003, India has been growing at an average rate of about 7% and the first five years of the Modi government was characterised by 7.5% growth on an average
Dispelling concerns over the slowdown, Dalmia said that tough times don't last but tough nations do
The BS-VI emission norm would come into force from April 1 across the country and new cars cannot be sold unless they are compliant to the new standard
The Budget contained no hint of the S-word and the looming crisis in the telecom industry over paying adjusted gross revenue dues is unlikely to help, nor will growing tax terrorism
Puri noted that India is going through a "phase of rapid and aggressive structural adjustment", the statement said
"If you do not recognise the problems that you face, you are not likely to find credible answers to take corrective action. That is the real danger," he said
However, 39% of companies still plan to offer increases of 10% or more: Aon survey
With the virus continuing to spread, it is still too early to make a final assessment of the impact on China (A1 stable) and the global economy.
Since income generation from economic activities and jobs is crucial to the recovery of bad loans, focusing simply on the effectiveness of the recovery tools will hardly make a difference.
The economic slowdown has taken a toll on the state's industrial growth and consequently the collection of taxes, which is further putting a strain on its finances
Bengaluru company is scaling down initiatives & Gurugram firm is aggressive
Revised target price indicates upside of 7-10% from current level
"Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and will help propel growth further," Sanjeev Sanyal, principal economic adviser to govt, said
She said increasing Foreign Direct Investment, rise in factory output and over Rs 1 trillion GST collection in the past three months are indications of green shoots in the economy
Initiating the debate on the Union Budget for 2020-21 in Rajya Sabha, he said rising unemployment and falling consumption was making India poorer
The joint venture - 60 per cent held by ArcelorMittal and the balance by Nippon Steel - was renamed AM/NS India
Besides the traditional segments, the demand for co-living, co-working and senior living is keeping the sector buzzing
FM says country's macroeconomic parameters are sound
Business Standard Opinion pieces for the day talk about issues related to policy and politics