Page 26 - Economic Slowdown

Credit risks to remain high in India's financial sector in 2020, says S&P

India will go through a tug of war on the economy, resolution of bad loans, and health of non-banking financing companies (NBFC), S&P said

Auto Expo: Over 70 launches scheduled as manufacturers bank on sentiments

During the six-day-long event, automakers have planned 10 global launches, 26 India specific launches, six concept vehicles, seven facelifts and 21 vehicle unveilings (just displays)

Economic slump to hit insurance premium growth over next 3 years: Moody's

The International Monetary Fund has pegged the number at 4.8 per cent and expects it to pull down global growth as well.

India still fourth-most attractive market, shows PwC Global CEO survey

But confidence in global economic growth reached lowest levels since 2008 financial crash

What slowdown? Industry events continue to be extravagant affairs

At a recent exhibition and conference organised by an infrastructure firm in Noida, there was a special programme even before the formal launch event

To survive slowdown, small businesses must conserve and maintain cash flow

Conserve cash and maintain a steady cash flow to survive this economic slowdown

Enough headroom for growth, slowdown not broad based: TCS' V Ramakrishnan

"There are no large deals which have gone by the wayside and we have gained market share," says TCS CFO V Ramakrishnan

Voters casting ballot on economic issues in many states: Rahul Mukherji

Rahul Mukherji discusses contemporary political issues with Business Standard

India needs continued structural reforms to boost growth: UN report

The World Economic Situation and Prospects 2020 report has also lowered GDP growth estimate for India

Budget and the building blocks of growth

The government has been quick to respond to the slowdown

Why BNP Paribas expects markets to soar despite poor economic indicators

BNP Paribas has set a target of 44,500 for the S&P BSE Sensex, a bellwether index

HMSI doesn't expect revival in auto industry for next two quarters

Honda Motorcycle & Scooter India on Wednesday said it does not see any revival in the automobile sector in the near term. The automobile sector recorded its worst-ever sales decline in two decades in 2019. Speaking after the launch of company's third BS-VI compliant product, the 110-cc Activa 6G scooter, Hero Motorcycle & Scooter India (HMSI) Senior Vice President for Sales and Marketing Y S Guleria said he was not very hopeful of the government giving any concession to the industry on GST rates. "If it happens, definitely it will help from customer point of view," he added. "In near future we do not see any positive revival coming in the market, and after sometime in the long term...But for next two quarters, we are not that upbeat because there is a transition which is going to happen from April 1," Guleria said referring to the BS-VI emission norms becoming mandatory. There will be some time lag and that will also shift the demand, he said, adding Honda is also trying to ...

Gold rally to continue for some time, book some profit now: Experts

Massive purchases by central banks have been another driver of demand for the yellow metal

Budget 2020: India Inc pitches for job creation, higher infra spending

"One of the most important issues is job creation...the most fundamental drive has to be growth with jobs," Srinivasan said

Quo vadis, Modi 2.0?

Some of the criticism is sheer hyperbole, calling the present turmoil India's second struggle for Independence

Nomura downgrades Indian equities from 'overweight' to 'neutral'

Says there are few signs of meaningful economic recovery

Recovery in economic growth may be marred by drastic expenditure cuts

The economy is required to grow by 5.2 per cent in the second half compared to 4.8 per cent in the first half to enable it to clock five per cent in the entire FY20

Slowdown impact? Job creation in FY20 down by 1.6 mn, says SBI report

The economic slowdown has adversely impacted employment generation in the country as nearly 1.6 million less jobs are projected to be created in FY20 compared to 8.97 million fresh jobs in FY19, a report said

Slowdown roils deal street: M&As plunge 34.4% to $67 billion in 2019

The deepening slowdown has had its impact on the deal market in 2019 with mergers and acquisitions (M&As) plummeting over 34 per cent to USD 67.1 billion but still making it the second best, on the back of the USD 6-billion ArcelorMittal takeover of Essar Steel, according to a report. As per the report by Mergermarket, M&As in 2019 was the second highest in value despite declining 34.4 per cent in 2018, which was the best-ever. But, the report is positive about 2020 as the government has eased foreign investment restrictions and plans to divest state-owned companies. The report attributes the optimism to the relaxation in the foreign direct investment policy in August, loosening the restriction on coal and lignite mining, contract manufacturing, single-brand retail, and digital media, which may bring more opportunities to foreign investors. "Overall M&As touched USD 67.1 billion across 422 deals, down 34.4 per cent in value and 3.4 per cent in volume compared to 2018 when .

Modi govt's $5-trn GDP target looks ambitious, says economist R Nagaraj

Soon after assuming office for the second term in May 2019, the Narendra Modi-led government set a target of taking the economy to USD 5 trillion over the next five years