This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

Economy lost the verve and slipped to five-year low of 5.8 per cent in the March quarter.

India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.

Kumar emphasised that a very large number of jobs have been generated in the country in the last five years.

Swadeshi Jagran Manch will campaign against the plan by convening meetings of influential economists.

The slowing economy makes it more difficult for President Xi Jinping to fight back forcefully against the US.

The capital infusion will help some banks to come out of the central bank's prompt corrective action.

Rice, the main kharif crop, was sown in 52.47 lakh hectare till last week, down from 68.60 lakh hectare in the year-ago period.

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.

Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.