Finance minister P. Chidambaram, while addressing the Central Board of the Reserve Bank of India on Friday, indicated that the Interim Union Budget 2014-15 had been presented against the backdrop of considerable improvement in the macroeconomic environment with the fiscal and current account deficits being contained during financial year 2013-14.
In Calendar Year 2013, the Indian Media & Entertainment (M&E) industry registered growth of approximately 12 per cent, according to the FICCI-KPMG report (to be released at the inaugural session of FICCI Frames 2014 on March 12 2014). Overall growth remained muted, largely caused by the slowdown of the Indian economy.
The demand for entry level jobs have increased by 6.7 percent during Jan-Dec 2013 as against Jan-Dec 2012 whereas the jobs for middle & senior level contracts by 5.1 percent during the same period, reveals a latest study by industry body Assocham.
It is not only the sensex but also the gold prices which will largely be influenced by outcome of the general elections and stability of the new government along with global concerns over China and the US, a recent study by industry body Assocham on Gold has pointed out.