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Gold demand may come down with decline in inflation: Rangarajan Gold demand may come down with decline in inflation: Rangarajan Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said on Wednesday.
India's exports likely to grow 10% in 2013-14: PMEAC India's exports likely to grow 10% in 2013-14: PMEAC The PM's economic advisory panel Tuesday projected about 10 percent increase in India's exports to USD 329.7 billion during the current fiscal in view of some improvement in the global growth situation.
High agri growth will help in arresting inflation: Industry High agri growth will help in arresting inflation: Industry Indian industry Tuesday hoped that the projections given by the PM's economic advisory panel for farm sector growth will help in arresting inflation which would provide room to the RBI to cut interest rates.
PMEAC sees gold imports declining by 20% in current fiscal PMEAC sees gold imports declining by 20% in current fiscal Gold imports are likely to decline by nearly 20 percent to USD 45 billion and will help in lowering the Current Account Deficit (CAD) to 4.7 percent of GDP in the current fiscal, the PMEAC said Tuesday.
FDI may increase to $36 bn in 2013-14: PMEAC FDI may increase to $36 bn in 2013-14: PMEAC The PM's Economic Advisory panel expects foreign direct investment (FDI) in India to increase to USD 36 billion this fiscal on the back of supportive policies.
PMEAC pegs 3.5% farm growth in FY'14 on normal monsoon PMEAC pegs 3.5% farm growth in FY'14 on normal monsoon Agriculture and allied sector is expected to grow at a faster rate of 3.5 percent in 2013-14 fiscal if the country receives normal monsoon this year, the Prime Minister's economic advisory panel said on Tuesday.
Gold price crash to help improve BoP position: Rangarajan Gold price crash to help improve BoP position: Rangarajan Sharp decline gold prices will have favourable impact on the economy especially the high current account deficit (CAD) and the overall Balance of Payment (BoP) position, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan has said.
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