The government has brought in major reforms to boost investment climate in the country for becoming a $5-trillion economy: Nirmala Sitharaman.
The company's consolidated PAT was at Rs 98.04 crore in the first six months of this financial year against Rs 250.52 crore last year.
Surat and Nagpur saw daily average bookings shooting up by 493 per cent and 291 per cent, respectively.
However, in 2018, the mobile phone category grew by 28 per cent, and in the first half of 2019, it saw the lowest growth of 12 per cent.
The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.
The total PE/VC investments till August stood at $36.7 billion.
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
FICCI felt there was little done to address the economic slowdown while health and education did not get the required filip.
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