Many analysts expect growth to remain modest in the current quarter as state of emergency curbs re-imposed to combat a spike in infections weigh on household spending
Says given the scale of India's infra deficit, the company is optimistic about govt's intent to complete projects as envisaged in the National Infrastructure Pipeline
Forecasts for gross domestic product were raised to a 9.2% expansion in the fiscal year ending March 2022, from the previous 9%, while the gross value added outlook edged down slightly to 9%.
Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs
The Indian economy will grow in double digits for the April-June period on the low base of 2020-21 but will still be short of the levels observed in the first quarter of FY20, it said.
But says country's fiscal settings are weak, and deficits will remain elevated ahead even as the government undertakes some consolidation
Here are the best of Business Standard's opinion pieces for Tuesday
Household debt has been steadily increasing ever since the GST implementation in July 2017
India needs a new medium-term economic road map
Historical analysis shows that the government tends to underestimate the growth in agriculture every year; as growth has slipped in the last few years, it has fallen prey to overestimation errors
Here are the best of Business Standard's opinion pieces for Friday
The Union government is so fiscally ineffective that it can only spend an incremental 0.4 per cent of GDP on healthcare in a pandemic, against a global average of 1.2 per cent, writes Rathin Roy
There is a strong case for the government to shift its attention from the economy to public service management
'This may be driven by enhanced government spending in core areas,' says Vinit Sambre, head - equities and fund manager, DSP Investment Managers
Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base
The possibility of a sharp recovery for the economy can only be realised through a strong focus on exports.
RBI's primary mandate should remain inflation targeting
The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact
There are still a number of risks to durable economic recovery
Net direct tax mop-up zooms 100% till June 15