Speaking to CNBC-TV18’s, Das says that post the 2015 budget, events like drought for second consecutive year, low rural and urban demand and volatility in global markets have impacted the country’s GDP growth.
Posts tagged MC
Drought, global market volatility impacted GDP growth: Das (18-12-2015)
Bank of Japan unveils surprise expansion of stimulus (18-12-2015)
After wrapping up their last meeting of the year, Bank of Japan policymakers said they would boost their holdings in firms dedicated to capital investment and hiring.
More changes to filings norms for MA deals soon: Chawla (18-12-2015)
Besides, the fair trade watchdog is working on ways to ensure that decisions regarding clearance for mergers and acquisitions (MA) are taken within 30 days of receiving the proposal.
Sensex falls over 150 pts; banks, pharma, IT stocks slip (18-12-2015)
Infosys, Reliance Industries, TCS, Lupin, Bajaj Auto, Bharti Airtel and Vedanta were down 1-2 percent while NTPC gained 1.5 percent.
Facebook attempts to garner support for Free Basics (18-12-2015)
The campaign appears as a notification on one’s Facebook page, more so after a ‘Friend’ has signed a pre-filled form and sent the email to the TRAI.
Govt review sees FY16 GDP growth at 7-7.5%, inflation at 6% (18-12-2015)
The Mid-Year Economic Review says that while meeting this year’s fiscal deficit target of 3.9 percent is possible, next year’s 3.5 percent target may have to be re-considered.
Government plans to build 8 more expressways (18-12-2015)
“The government has decided to prioritise construction of express highways to strengthen road infrastructure. Cabinet has already approved seven expressways while eight other such roads are being finalised in consultation with the state governments,” an official source said.
Park funds into corrected largecaps: Birla Sun Life AMC (18-12-2015)
While the current year has not been too kind on the earnings-front, Mahesh Patil, Co-Chief Investment Officer, Birla Sun Life AMC expects the same to grow at 15-17 percent in FY17.
May have different base rates for different tenors: SBI (18-12-2015)
With the RBI announcing a new methodology to calculate bank base rates using marginal cost of funds, State Bank of India may move to a structure in which it could have different base rates for different tenors, chairperson Arundhati Bhattacharya told CNBC-TV18.
Tighter PAN norms won’t impact jewellery biz much: Titan (18-12-2015)
The government’s decision to lower the PAN card requirement threshold to Rs 2 lakh for jewellery purchases is unlikely to impact Titan’s jewellery business, its CFO S Subramaniam told CNBC-TV18.