Income tax rates increased for salaried class, with individuals earning Rs50,000 per month exempted from income tax

Cites partial reversal of gains since the end of IMF’s three-year loan programme

Weakening oil prices, lack of triggers also kept investors from buying

Company launches new projectors, tablet at Dubai fair.

Energy shortage, declining efficiency and loan defaults restrict industries.

Payment of $2.5b in next six months keeps dollar demand high.

Analyst says smooth energy supply would have taken growth to 6%.

However, renminbi revaluation could have adverse effects.

Low yarn prices, quality issues keep millers away from market.

After electricity shortages in the summer, focus has shifted to gas shortfall in the face of rising demand in winter.