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GDP growth shows a different picture than what other indicators point towards

India Infoline News Service | Mumbai | February 11, 2016 16:56 IST

It is true that there is a general weakening of economic activity in the country. Most sectors are facing deceleration. Reason is primarily lack of consumer demand, which is forcing companies to postpone their credit-fueled investment programs.

Indias declining labour productivity is adversely impacting its GDP growth

India Infoline News Service | Mumbai | February 11, 2016 12:38 IST

Given that the long-term average annual increase of labour force in India is 1.7%, India will have to raise its labour productivity growth to 7.3% (73.8% yoy) to attain the GDP growth of 9.0%.

Pressure to streamline finance functions opens business up to risks, if changes dont consider tax needs: PwC

India Infoline News Service | Mumbai | February 11, 2016 10:14 IST

PwCs latest Tax Function of the Future report, examining the impact on tax functions of broader transformation programmes in finance teams, warns that the implications could also open organisations up to new potential financial, reputational and operational risks.

UAE Minister calls Arun Jaitley to discuss bilateral ties

India Infoline News Service | Mumbai | February 11, 2016 10:00 IST

During the meeting, both sides emphasized the need for cooperation between two countries with regard to three areas viz., investment, innovation and Small and Medium Enterprises (SMEs).

India, Australia agree to strengthen energy ties and other Top Economy News

India Infoline News Service | Mumbai | February 11, 2016 09:16 IST

The Centres tax revenue had touched Rs10.66tn by January 31 or 73.5% of the full-year target.

Fed talk! Janet Yellen sounds dovish, gradual rate hikes likely

India Infoline News Service | Mumbai | February 11, 2016 08:00 IST

Financial conditions in the United States have recently become less supportive of growth, with declines in broad measures of equity prices, higher borrowing rates for riskier borrowers, and a further appreciation of the dollar.

A rebound in oil prices in near-term can derail governments strategic plans

India Infoline News Service | Mumbai | February 10, 2016 18:29 IST

Currently, experts believe that since supply growth has already started to slow down, its only a matter of few quarters that demand-supply balance will be restored. As and when that happens, prices will start their upward journey.

Israel agriculture minister visiting India in April: Embassy of Israel

India Infoline News Service | Mumbai | February 10, 2016 17:32 IST

Among other who were also present on the occasion comprised Agriculture Attache, Embassy of Israel, Dan Alluf and Chairperson, Agribusiness Committee, PHD Chamber, Priyanka Mittal.

Why Q3 GDP print is bad news for markets

India Infoline News Service | Mumbai | February 10, 2016 00:01 IST

The Q3FY16 GVA growth of 7.9 per cent indicated a pickup over 5.3 per cent in Q2FY16 (Q1FY16: 7.1%). But corporate profitability declined 1.9 per cent in Q3FY16 after growing 8.8 per cent in Q2FY16 (Q1FY16: negative 5 per cent), it could improve in Q4 of FY16.

Share buybacks and not disinvestments to help government narrow its budget deficit

India Infoline News Service | Mumbai | February 09, 2016 20:44 IST

Amidst global slowdown, India is the lone country growing at rates above 7%. Though the number is good enough, the government is looking to increase the growth rate to come good on its promise of double-digit growth.

2016 brings cheers to jobseekers, hiring up by 19% yoy: Naukri Job Speak

India Infoline News Service | Mumbai | February 09, 2016 17:09 IST

IT-Software records an impressive 22% Y-o-Y growth, BPO/ITES has grown by 26%, Auto/Auto Ancillary is up by 9% followed by Banking and Telecom at 6% and 5% respectively whereas Oil and Gas continues to struggle with an -18% dip in the Jan 2016 index.

Good corporate governance essential for instilling confidence among investors: Jayant Sinha

India Infoline News Service | Mumbai | February 09, 2016 15:05 IST

Jayant Sinha, Minister of State for Finance, today underlined the need for good governance practices in corporations in the pursuit of efficient functioning of the pro-market policies being unveiled by the government.

Weathering the storm: 4Q2015 GDP prints better than expected

India Infoline News Service | Mumbai | February 09, 2016 13:33 IST

Double digit growth reported in manufacturing, despite the floods in Chennai, goes against signs of slowdown in other indicators, and can only partly be explained by falling input costs.

Economy is firmly holding on to the recovery course: FICCI

India Infoline News Service | Mumbai | February 09, 2016 13:06 IST

The improvement expected in the agriculture and manufacturing sectors in the current fiscal is encouraging. Some moderation has been reported in the other key sectors of the economy and we do hope to see a turnaround in near future.

GDP data suggest growth accelerated in FY16: Ritika Mankar

India Infoline News Service | Mumbai | February 09, 2016 12:34 IST

We maintain our point of view that GDP growth data is being overestimated by the CSO and will eventually be revised downwards as the first, second and third estimates are published, Ritika said.

GDP growth in line with our expectations: Kotak Mahindra Bank

India Infoline News Service | Mumbai | February 09, 2016 12:26 IST

A lower nominal growth further constrains the governments objective of attaining the targeted fiscal math.

TRAI says NO to differential pricing and other Top Economy News

India Infoline News Service | Mumbai | February 09, 2016 12:10 IST

The government on Monday forecast annual economic growth to accelerate to 7.6% in FY16 after India's economy grew 7.3% in the quarter to end-December.

YPO: Asian CEOs more confident as region foresees moderate growth

India Infoline News Service | Mumbai | February 09, 2016 12:01 IST

Globally, the YPO Global Pulse Confidence Index remained essentially unchanged at 58.0 in the fourth quarter of 2015, its lowest level since the third quarter of 2011 at the height of the global economic recession. Confidence in the United States slipped 0.8 point to land at 59.1, while Africa dropped 3.3 points to 51.0. The European Union remained almost unchanged, gaining 0.3 point to land at 60.5. Only Asia, which edged up 2.4 points to 59.7, and Latin America, which jumped 4.8 points to 54.4, recorded any material increase in economic confidence.

Weathering the storm: 4Q2015 GDP prints better than expected

India Infoline News Service | Mumbai | February 09, 2016 11:52 IST

Double digit growth reported in manufacturing, despite the floods in Chennai, goes against signs of slowdown in other indicators, and can only partly be explained by falling input costs. Domestic demand weakened as poor investment growth offset the pick-up in private consumption.

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