The devastating impact of coronavirus on the economy is becoming increasingly clear
With net investments worth $6.07 billion in equities in the December quarter of 2019, despite $3.17 billion outflows in the previous quarter, FPIs are bullish on Indian stocks
The push for less cash and more digital is delivering in many sectors
FMCG and consumer durables sectors have been on a slow growth trajectory over the past four quarters, beginning Q4-FY19. Initial signs of slowdown came when the large players saw demand softening
In the December 2019/20 quarter, new investments announced by the public and the private sector touched Rs 4.27 lakh crore, the highest in seven quarters
According to the first advance estimates released by the Ministry of Statistics and Programme Implementation, GDP growth for FY20 is expected to be 5 per cent, the lowest in 11 years
The Centre is set to keep its expenditure at 92 per cent of the budgeted amount (lower than the budgeted amount by nearly Rs 2.2 lakh crore)
Incremental bank credit grew just 1.8% during April-December 2019 compared to 7.7% during the same period a year ago
Private banks' loans and advances grew 25% in 2018/19
There are enough signs that India's rural sector is on the path to recovery
Private sector banks have installed the largest number of ATM machines in metro cities and urban areas while public sector banks have sharper focus on rural areas
Sales in major Indian cities fell 15% from 47 million sq. ft. in October 2018 to 40 million sq. ft. in the same month of 2019
Demand is likely to pick up only when economic activity increases
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