The textiles and apparel industry contributes 2.3 per cent to India's GDP and accounts for 13 per cent of industrial production, and 12 per cent of the country's export earnings
Our institutional capacity to support trend growth has not stayed the pace
Though non-tax revenues, including borrowings, account for 40% of the Budget, there seems to be little focus on boosting these or reducing borrowings by saving on expenditure, writes T N Ninan
Since the scope of supporting growth through fiscal and monetary policy is fairly limited, economic revival will ultimately depend on policy reforms
Maintain balance between growth and financial stability
In the case of Gross Domestic Product, the report noted that the revised estimates for the kharif season suggest that the production of important crops is likely to fall short of target for FY20
India needs to figure out whether it pays to be rule-takers or seek to be rule-setters. Or, do we have an answer to China's strategic challenge? If not, what are our options, wonders T N Ninan
The ability to maintain this inherently unstable equilibrium remains the key to the prospects of advanced economies
To overcome, FMCG makers have introduced low unit price packs in multiple categories to make their products affordable and have also introduced multiple promotions and offers
Rs 24.54 trillion investment will flow in the energy sector, and of that Rs 11.7 trillion would be in just the power sector
FMCG suffered on two counts -- poor consumer sentiment brought on by macroeconomic headwinds and the continuing liquidity crisis arising out of faltering NBFCs
In Budget 2020 speech, the FM should state how she intends to return to the 7% track, and the hard decisions she will take to adjust to the realities of a slowing economy, writes T N Ninan
CBI has accused ex-Maruti MD Jagdish Khattar of fraud, while the Union Cabinet has approved the creation Chief of Defence Staff
RBI's effort to address yield curve rise may not work as hoped
For the deficit to be 3.3 per cent of GDP, it assumes a nominal GDP growth of 12 per cent in FY20
Net collection grows only 0.7% to Rs 6.75 trillion
Private-sector banks have a larger exposure to retail loans and may be more at risk
A country's rating must relate primarily to its capacity and willingness to service debt
Existing limit for FPI investment in G-secs is 6% of the outstanding stocks of securities; govt may announce increase to 10% in Union Budget 2020
The RBI is expected to reduce its policy rate to 4.5% in this rate cycle, economists say