India's GDP growth in the July-September quarter slowed to a six-year low of 4.5 per cent. This was the sixth consecutive quarter when the growth rate had fallen.
"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"
Efforts should be mounted to lower the interest rate burdens for borrowers, and RBI's pause had a "terrible" effect of costs for a third of borrowers going up by 0.25 per cent
Subbarao pointed out that the nominal GDP growth has fallen to as low as 6.1%
A fall in consumption, lack of private investments and sluggish exports are being blamed for a slower GDP growth
He said Sitharaman is tackling the economy in a "very good manner" and added that the tax collection crossed the Rs 1 lakh crore-mark in the previous month
India's GDP growth slowed for the sixth consecutive quarter in the July-September quarter to 4.5 per cent as manufacturing slumped on low domestic consumption.
Responding to a question, Gopinath said India's medium-term vision to reach a USD 5-trillion economy which focuses on boosting investment is appropriate.
'There's no undermining of India's unity and its economy is important', said the finance minister
It will be the year to convince global investors about India's long-term bull case
S&P Global Platts sees India's oil demand growing by 170,000 b/d next year as economic growth is expected to pick up, says Hickin
Financial stress among rural households and sluggish job creation are among the key drivers of the slowdown
From Moody's comment on weak household consumption in India to Modi's comment on Citizenship Act protests, Business Standard brings you the top headlines of the day
The comments from Das come following a series of five consecutive rate cuts by RBI starting February this year by a cumulative 1.35 per cent
India's exports are held back more by our inadequate policies than by any stagnation in world trade
Kia Motors and MG Motor were from the automobile sector which was the flag-bearer of the downturn and yet both have made a mark
Data collated by the Delhi-based IFTRT shows that close to 50,000 commercial vehicles have been seized and are parked in the stockyards
He added that if the company would have liked to take such a step then it would have taken it already
The ruling party may have assumed the economy will revive on its own before next elections, but such facile belief can come unstuck if current directions are not reversed quickly, writes T N Ninan
The Act also proposes to give immunity to such refugees facing cases as illegal immigrants