Economy Is Showing No Momentum, Says CMIE’s Mahesh Vyas
A cycle rickshaw driver and passenger pass by the construction site of a residential building in Nagpur, India, on Sunday, June 30, 2013. India’s services growth slowed in June with the purchasing managers’ index falling to 51.7 from 53.6 in May. Photographer: Dhiraj Singh/Bloomberg  

Economy Is Showing No Momentum, Says CMIE’s Mahesh Vyas

The Indian economy is not doing well as capital expenditure and investments are not picking up, said Mahesh Vyas, managing director and chief executive officer at the Centre for Monitoring Indian E...
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