Indian economy showing signs of improvement
Indian economy appears to be improving as the sectors which were significantly affected by the crisis and slowdown are now showing visible signs of improvement.
Some key observations:
- Order from the apex court on relaxation in mining ban in Goa and Karnataka will be helpful in resurrecting sentiments in mining sector.
- Telecom sector, after incurring losses in the years 2011 and 2012, seems to gain in future as telecom companies have managed to enhance their Average Revenue Per User (ARPUs) significantly.
- Infrastructure sector is also showing some positive signs with a major road project approved in Maharashtra.