22 Sep 2018 | 4:06 AM
Research Report

Equity Research Report: Religare Morning Digest

We are entering into the big event of Union Budget on strong note. Stocks may witness volatile move across the board in response to the budget announcements so maintain cautious approach and avoid overleveraging.
28 Feb 2015 | 07:00 AM

Economic survey 2015 – Highlights


Growth: Economic Survey has estimated economic growth between 8.1% and 8.5% in 2015-16. Growth rate in 2014-15 is estimated at 7.5%.

Fiscal Deficit: Government will adhere to fiscal deficit target of 4.1% of GDP in 2014/15.

Inflation: Inflation shows declining trend in 2014/15. Inflation likely to be below central bank target by 0.5 - 1 percentage point. CPI inflation in 2015/16 is likely to range between 5 - 5.5%.

Fiscal Consolidation: Govt. remains committed to fiscal consolidation. India can balance short-term imperative of boosting public investment to revitalize growth with fiscal discipline.

Current Account Deficit: Estimated to fall 1% of GDP in coming fiscal year.

Reforms: There is scope for big bang reforms now. India can increase public investments and still hit its borrowing targets.