A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.
Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.
The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.
ISMA had made a preliminary estimate of 28.2 million tonnes of sugar production for the 2019-20 marketing year.
The change in base year actually captures the change in structures of the economy.
Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.
India's imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as 1.3 pc of GDP.
Lack of consumption is seen as one of the key factors pulling down growth.
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
It would be a good idea to replace diesel buses in Delhi with electric buses, said German Chancellor Angela Merkel.