Tag: service sector

Sectoral deployment of bank Credit in India: Deceleration in credit growth in all sectors

Newsroom24x7 Staff Mumbai: From the data on sectoral deployment of bank credit collected on a monthly basis from select 46 scheduled commercial banks, it emerges that on a year-on-year (y-o-y) basis, non-food bank credit in India increased by 8.9 per cent in April 2015 but this increase was considerably less as compared with the increase

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Modi Government can balance trade deficit by attracting investment and aiming for global quality of production

A Newsroom24x7 Analysis Prime Minister Narendra Modi came to power with the vision to make India a global manufacturing hub. He spelt out his priority in crystal clear terms when he invited global players from the ramparts of Red Fort on Independence Day by raising the slogan–“Come Make in India”. The Prime Minister has given himself the mandate

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