Industrial Slowdown is pathetic: ASSOCHAM

ASSOCHAM today made a strong plea to the Reserve Bank of India to intervene and check the slide in rupee as a weak rupee coupled with FII outflows, particularly from the Indian debt market, has serious implications for the Indian economy. "The ...

Expressing disappointment over RBI's decision to keep the key rates unchanged, India Inc today said that the time was appropriate for rate cut to revive the country's economic growth. The industry said that it hoped RBI would not wait for the next ...

ASSOCHAM said that most of the risk factors flagged by the Reserve Bank of India in its annual monetary policy statement of May 3 have significantly receded leaving a lot more headroom for the central bank to go in for further cut in the key policy ...

Many believe Rupee's recent slide against the greenback spooked RBI but a rate cut is seen on the cards going forward. The Reserve Bank of India in its latest policy review has kept policy rates unchanged in-line with expectations. Dawning a hawkish ...

ASSOCHAM's President said We cannot be going just by a sole consideration of rupee depreciation and its possible impact on inflation. The Reserve Bank adopted a cautionary stance and left policy rates unchanged. D Subbarao, Governor, RBI, stated ...

Weak factory output data for April and a stubborn retail inflation number for May depicted a gloomy picture of the economy on Wednesday, raising fears that the recovery may have been weaker than anticipated. Industrial output grow­th slowed to 2 ...

Expressing disappointment over decline in industrial production in April, India Inc today pressed for rate cut by RBI to boost output and revive economic growth, besides speedy clearance of projects. Industry chamber FICCI said the RBI should ...

Also Read: Any change in Cos Bill will be disastrous: Yashwant Sinha Modi added that a separate panel would be formed to make the constitutional amendments that will facilitate GST. Meanwhile, Assocham president Rajkumar Dhoot said that the Prime ...

FTAs provide a rule-based framework based on which we can raise our concerns should specific recorded data show there has been in fact an injury to our industry, said Rao while responding to the concerns highlighted by Sharad Mahendra, senior ...