Page 22 - Economic Slowdown

ADB says global GDP may lose $77 bn-$347 bn due to Coronavirus outbreak

The range of scenarios explored in the analysis suggests a global impact in the range of USD 77-347 billion, or 0.1-0.4 per cent of global gross domestic product (GDP), it said

India a strife-ridden majoritarian state in economic despair: Manmohan

He said that India needs to be prepared to deal with covid-19 regardless of the magnitude of the impact and must brace itself for its economic shock

Coca Cola to woo affluent and aspiring consumers with slew of new launches

Company feels new products across consumer price points will help the company reach its goal of making India its third largest market globally

Slowdown: Fitch cuts India GDP forecast for FY20 to 4.9% on weak demand

The GDP growth is forecast to recover slightly to 5.4 per cent in 2020-21 (April 2020 to March 2021)

Around Rs 10.52-trn corporate debt at risk of default over slowdown: Report

The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week

Gold rises 1% as recession fears send investors scurrying for safe haven

The benchmark US 10-year Treasury yields fell to a record low, while the yen rose to its highest since October against the US dollar

Beyond green shoots: How to ensure speed and quality of economic recovery

Unless key issues are addressed, even if growth bounces back from the sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6%, writes T N Ninan

Slowdown temporary, I'm very optimistic about next decade: Mukesh Ambani

Ambani said the coming decade presents a "historic opportunity" for businesses to excel

India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2

FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy

Slowdown has bottomed out, govt's measures will boost growth: SBI MD Khara

Khara told PTI that for India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11% growth rate

Slowdown due to govt focusing more on political agenda than economy: Rajan

India can still reverse its slowing economic growth by paying attention to key issues, he added

Amid economic slowdown, volume recovery key for pricey Page Industries

Due to lack of near-term growth visibility and post a weak Q3, analysts have slashed their FY21 earnings estimates by 10-16 per cent

India's GDP seen growing at 4.7% in Dec quarter, with virus impact to come

GDP data due to be released on Friday will cover up to the end of last year, before the epidemic had sparked fears of a pandemic

Global recession likely if COVID-19 becomes pandemic: Moody's Analytics

COVID-19 was first detected in Wuhan in China in December and has since affected thousands of people across the globe

Slowdown has bottomed out; economy must be opened up for growth: Panagariya

He noted that since about 2003, India has been growing at an average rate of about 7% and the first five years of the Modi government was characterised by 7.5% growth on an average

Ambitious $5-trillion economy target sounds too idealistic: Niti official

Dispelling concerns over the slowdown, Dalmia said that tough times don't last but tough nations do

Hyundai to pass BS-VI transition cost to buyers in phases amid slowdown

The BS-VI emission norm would come into force from April 1 across the country and new cars cannot be sold unless they are compliant to the new standard

Best of BS Opinion: Rocky road for highways, India's census, and more

The Budget contained no hint of the S-word and the looming crisis in the telecom industry over paying adjusted gross revenue dues is unlikely to help, nor will growing tax terrorism

No economic slump? Measurement and understanding the issue, says Puri: ORF

Puri noted that India is going through a "phase of rapid and aggressive structural adjustment", the statement said

Modi govt does not acknowledge the word 'slowdown': Manmohan Singh

"If you do not recognise the problems that you face, you are not likely to find credible answers to take corrective action. That is the real danger," he said