Content creators mean business
Social media influencers are flipping the rules by first getting followers and then launching products and ...
The economy would grow by 5.2—5.5 per cent in the current fiscal driven largely by a new government which is expected to focus on growth, Care Ratings said today.
“It is expected the economy in general will improve in FY15, albeit gradually on the premise that a strong government would be in place after the elections which will reduce uncertainty in business environment and focus on reviving growth,” said the rating agency.
During the just-ended fiscal, official estimates say the GDP growth will come at around 4.9 per cent, which will be a higher than the 4.5 per cent achieved in FY13.
Care Ratings expects the new government to be more responsible on the fiscal management front, and said that it expects the fiscal deficit to get contained to 4.1 per cent in FY15, an improvement from the 4.6 per cent in FY14.
The agency expects industrial growth to revive to the 2—3 per cent levels, after struggling for a better part of the just concluded, where it is expected to come at 0.2—0.3 percent levels.
On agriculture, where concerns have been raised due to a possible playing out of the El—Nino factor, the agency said it expects a rise of two per cent largely because of a higher base.
If the concerns around the El—Nino factor indeed come true, the growth may dip by 1 to 1.5 per cent, it said.
It said the average consumer price inflation will cool down to 7.5 per cent in FY15, with the impact on the food inflation due to any disturbances in the rainfall being the biggest risk.
A cool down will help the Reserve Bank, which is targeting to get inflation down to 8 per cent by next January, ease the repo rate at which it lends to the system to 7.5 per cent, the agency said.
On the external sector front, it expects exports to rise 8—9 per cent as the global economy becomes more stable and imports to go up by 11—12 per cent after the 8.3 per cent dip in FY14 driven by moves to curtail them.
Social media influencers are flipping the rules by first getting followers and then launching products and ...
Paneer, once alien to the South, has found a lucrative market in Chennai
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Carriers claim that all measures — including pre-flight tests, cabin sanitisation and fresh air inflow — have ...
What filters should you apply when mining for under-the-radar small-cap stocks? Read on to find more
High valuation, intensely competitive landscape and small cap nature of the stock are key risks.
Amid choppiness, the benchmark indices slipped marginally; approach the week with caution
SBI Cards (₹1,032.7): Witnesses fresh breakoutBetween September and December last year, the stock of SBI Cards ...
A virus swept aside 2020 plans to mark the 250th year of the birth of Beethoven. We need the German composer’s ...
On the day the oleander baby was born, there was a steady, happy drizzle. Madhu woke up feeling unsteady. The ...
Mr Pandya rose from his recently inherited Japanese swivel chair and walked to observe his recently inherited ...
Marie leaned back in the chair, holding the brandy to her chest, the rain tapping on the windowpanes. She ...
Social media influencers are flipping the rules by first getting followers and then launching products and ...
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Paneer, once alien to the South, has found a lucrative market in Chennai
The Flipkart kids playing adults are back — this time to push the home grown e-commerce marketplace’s grocery ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor