Diabytes
Investment cycle News
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Moody's Investors Service on Tuesday said investment levels in India are showing early signs of recovery driven by an upturn in capital expenditure and increased public spending.
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The government can borrow more to revive investment cycle even at the cost of marginally slipping from the projected fiscal deficit, as that will lead to higher-than-expected growth in the medium-term, says a report.
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Elated over the passage of crucial coal bill in Parliament yesterday, Union Minister Piyush Goyal has said auction of natural resources will kickstart economy and create millions of jobs.
The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 percent on the back of pick-up in investment cycle in 2015, says a report.
The total PE investments in the country stood at around USD 9 billion in FY14 and is likely to touch USD 10-12 billion in the current fiscal.
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