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Page 31 - Economic Slowdown

It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian

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.

It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian
Updated On : 18 Dec 2019 | 4:12 PM IST

Unilever cuts sales guidance as growth concerns in India market remain

"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"

Unilever cuts sales guidance as growth concerns in India market remain
Updated On : 18 Dec 2019 | 2:44 AM IST

Not turning lower inflation into low interest rates hurting growth: EAC-PM

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

Not turning lower inflation into low interest rates hurting growth: EAC-PM
Updated On : 18 Dec 2019 | 1:44 AM IST

Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao

Subbarao pointed out that the nominal GDP growth has fallen to as low as 6.1%

Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao
Updated On : 18 Dec 2019 | 1:43 AM IST

IMF may downgrade India's growth forecast significantly in Jan: Gopinath

A fall in consumption, lack of private investments and sluggish exports are being blamed for a slower GDP growth

IMF may downgrade India's growth forecast significantly in Jan: Gopinath
Updated On : 18 Dec 2019 | 1:38 AM IST

Amit Shah praises Sitharaman, says Global slowdown impacting Indian economy

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

Amit Shah praises Sitharaman, says Global slowdown impacting Indian economy
Updated On : 17 Dec 2019 | 9:48 PM IST

India impacted by global recession, will emerge from it, says Rajnath Singh

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.

India impacted by global recession, will emerge from it, says Rajnath Singh
Updated On : 17 Dec 2019 | 5:04 PM IST

IMF chief Gopinath roots for labour reforms, bank cleanups to revive growth

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.

IMF chief Gopinath roots for labour reforms, bank cleanups to revive growth
Updated On : 17 Dec 2019 | 1:03 AM IST

Ongoing unrest over Citizenship Act won't derail our economic agenda: FM

'There's no undermining of India's unity and its economy is important', said the finance minister

Ongoing unrest over Citizenship Act won't derail our economic agenda: FM
Updated On : 17 Dec 2019 | 12:50 AM IST

Why 2020 is an important year

It will be the year to convince global investors about India's long-term bull case

Why 2020 is an important year
Updated On : 16 Dec 2019 | 11:09 PM IST

See Brent oil prices near $60 per barrel by 2020-end: Paul Hickin of Platts

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

See Brent oil prices near $60 per barrel by 2020-end: Paul Hickin of Platts
Updated On : 16 Dec 2019 | 10:00 PM IST

Prolonged economic slowdown to hurt retail loan quality: Moody's

Financial stress among rural households and sluggish job creation are among the key drivers of the slowdown

Prolonged economic slowdown to hurt retail loan quality: Moody's
Updated On : 16 Dec 2019 | 9:45 PM IST

Top headlines: Das clarifies on repo rate; wholesale inflation rises in Nov

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

Top headlines: Das clarifies on repo rate; wholesale inflation rises in Nov
Updated On : 16 Dec 2019 | 4:22 PM IST

RBI acted ahead of time by cutting rates from Feb: Das on economic slowdown

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

RBI acted ahead of time by cutting rates from Feb: Das on economic slowdown
Updated On : 16 Dec 2019 | 3:38 PM IST

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

Why neglect exports?
Updated On : 16 Dec 2019 | 3:04 PM IST

Auto slowdown? These brands beat conventional wisdom to show early success

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

Auto slowdown? These brands beat conventional wisdom to show early success
Updated On : 16 Dec 2019 | 2:29 PM IST

Lenders step up repossession of commercial vehicles on payment defaults

Data collated by the Delhi-based IFTRT shows that close to 50,000 commercial vehicles have been seized and are parked in the stockyards

Lenders step up repossession of commercial vehicles on payment defaults
Updated On : 16 Dec 2019 | 2:09 AM IST

We'll surf the slowdown wave, no plan to cut jobs: Tata Motors CEO Butschek

He added that if the company would have liked to take such a step then it would have taken it already

We'll surf the slowdown wave, no plan to cut jobs: Tata Motors CEO Butschek
Updated On : 16 Dec 2019 | 12:13 AM IST

India's economy and BJP's ambitious political thrust on divergent tracks

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

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Updated On : 14 Dec 2019 | 12:01 AM IST

Citizenship Bill amendment is a distraction from slowdown: Kamal Nath

The Act also proposes to give immunity to such refugees facing cases as illegal immigrants

Citizenship Bill amendment is a distraction from slowdown: Kamal Nath
Updated On : 13 Dec 2019 | 7:26 PM IST