Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-06-20

\"GDP to grow by 5.2% in Q1 FY14\"

Dun & Bradstreet predicts that Indian GDP will grow by 5.2 per cent in Q1 FY14. Here are some features of the forecast:

Dun & Bradstreet predicts that Indian GDP will grow by 5.2 per cent in Q1 FY14. Here are some features of the forecast:

Real Economy: Pick up in the optimism level among the India Inc is likely to be reflected in the upcoming industrial production data. Moreover, the low base effect is expected to play a major role in keeping the growth number of the Index of Industrial Production (IIP) uplifted during the month of May-14. IIP is expected to have grown by 3.0-4.0 per cent during May-14.

 

Price Scenario: Both the CPI and WPI inflation is likely to edge up as the global crude oil prices have shot up owing to civil unrest in Iraq. Moreover, inflationary pressures remain high given the prospect of sub-normal monsoon during the current year. D&B expects the headline WPI inflation to remain elevated at 6.0-6.2 per cent during June 2014.

 

Money & Finance: Concerns over inflationary pressures and tightening of liquidity in the banking system is expected to keep the yields in the bond market, both the short term as well as the long term, elevated in the near term. D&B expects 15-91 day T-Bill yield to average at around 8.4-8.5 per cent and 10-year G-sec yield at around 8.7 -8.9 per cent during June-14.

 

External Sector: Rupee is likely to remain under pressure during the month of June-14 given the rise in crude oil prices following the political instability in Iraq and risk aversion by investors. D&B expects the rupee to depreciate and be around 59.70-59.90 per US dollar during June-14.

Related opportunities
  • Furniture/Home Decor & Furnishing
    About Us : Bubblegum furniture, established in 2015, is a concept..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Casual dine Restaurants
    About Us: Kake Da Hotel is a legendary family restaurant founded..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 600 - 4000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater North Delhi New Delhi
  • Computer Hardware & IT
    About Us: 1.Software development & migration services. We are having software..
    Locations looking for expansion Telangana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size
    Space required 100
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Hyderabad Telangana
  • Others Food Service
    About Us: Kake Di Hatti, an iconic eatery located in the..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2009
    Investment size Rs. 20lac - 30lac
    Space required 900
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts