 "economy, business, India")
Latest official data shows India’s industrial output declined by 3.8 per cent in October, largely because of the poor performance of power, mining, and manufacturing sectors. Manufacturing output contracted by 2.1 per cent, while power generation declined by 12.2 per cent. Meanwhile, S&P Global Ratings has said that it might consider downgrading India’s sovereign rating if economic recovery does not materialise. Here's a collection of Business Standard Opinion pieces for the day
In this context, our second editorial argues that the sharp deceleration in economic growth clearly suggests that India needs policy intervention at multiple levels. Policymakers would do well
