India will emerge as one of the largest global markets, both in terms of consumption size and market cap, says Gautam Adani
Retail sales for the June quarter are expected to grow at about 53% YoY, but revenues will most likely be 37% lesser than what it was a year ago
Exports during the April-June period are the highest ever merchandise exports in a quarter in the history of India.
Indian economy contracted by 7.3 per cent in fiscal 2020-21 as the country battled the first wave of Covid, as against a 4 per cent growth in 2019-20
About 60% of 212 companies, which participated in the survey, said there was a high impact on their businesses due to the state-level lockdowns
Trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22, PHDCCI President Sanjay Aggarwal said
Report said that with lockdown restrictions being more adaptive, manufacturing and construction likely to witness softer economic shock this quarter
India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic, the World Bank said
The growth of the manufacturing sector was curbed by the escalation of the pandemic and difficulties in securing raw materials
Its chief economist Aditi Nayar expects the annualised GDP growth at 2% in the March quarter, up from 0.4% in the December quarter