Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more
India has witnessed recovery in economic activity, striking a path that is diverging from global developments even as its rural demand slackening, Reserve Bank of India said in its monthly bulletin. The manufacturing and services remain in expansion with optimism on demand parameters and uptick in consumer and business confidence, RBI said in a note … Read more
The business confidence has remained buoyant in the third quarter of the current financial year, though the pace of rise was moderated by a spurt in the number of COVID-19 cases in December 2021, said economic think-tank NCAER. Business sentiments recovered in the October-December quarter of 2021-22 as compared to those prevailing in the July-September … Read more
The confidence of Indian industry hit an all time low during the April-June quarter according to the Care Ratings’ Industry Confidence Index (CICI) released on Monday. The CICI hit a nine-quarter low of 58 out of 200, continuing a largely declining trend since its inception during the first quarter of FY19 when it recorded a … Read more