Page 32 - Economic Slowdown
DBS sees slow recovery for Indian economy, cuts GDP growth forecast to 5%
Weak growth has impacted revenue growth, compounding worries over an already weaker run-rate for tax revenues: DBS report.
 "DBS sees slow recovery for Indian economy, cuts GDP growth forecast to 5%")
Despite slowdown, air traffic grows fastest in November this year at 11.2%
About 1.2 crore passengers flew in November as compared to 1.1 crore in October
 "Despite slowdown, air traffic grows fastest in November this year at 11.2%")
Economy resilient, no cause for apprehension on decline in GDP: Govt
Continuous liberalisation has led to an increase in inflows of foreign direct investment into the country.
S&P ratings sees debt downgrade for India if economic slide continues
Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent
 "S&P ratings sees debt downgrade for India if economic slide continues")
I'm not worried over slow rate of India's GDP growth, says Pranab Mukherjee
He said Indian banks showed resilience during the financial crisis in 2008
 "I'm not worried over slow rate of India's GDP growth, says Pranab Mukherjee")
India's credit crunch: Demand or supply?
Evidence of heightened risk aversion suggests a supply-shock has choked credit offtake
 "India's credit crunch: Demand or supply?")
ADB trims India's FY20 growth forecast to 5.1%, cites consumption slowdown
ADB said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies
 "ADB trims India's FY20 growth forecast to 5.1%, cites consumption slowdown")
Simplify I-T structure
That's the way to go for improving tax base, compliance
 "Simplify I-T structure")
Real growth story to start next festive season: M&M Finance MD Ramesh Iyer
RAMESH IYER, vice-chairman and managing director of the company, tells Shreepad S Aute that NBFCs may not be able to cover the fall in loan sanctions in the second half
 "Real growth story to start next festive season: M&M Finance MD Ramesh Iyer")
Could consumption really have fallen?
The leaked NSS consumption numbers have provoked a debate. While arguments by various sides are not really convincing there are some broad lessons
 "Could consumption really have fallen?")
Brexit, slowdown drag UK economic growth to seven-year low before polls
The approach of a Brexit deadline and the global economic slowdown hit Britain's factories and construction industry during the month, official data showed
 "Brexit, slowdown drag UK economic growth to seven-year low before polls")
Key decisions likely to be taken at the GST Council meeting on Friday
The Council may reset the GST rates on automobiles, hotels, biscuits, matchsticks and outdoor catering services. Listen to the podcast to know more
 "Key decisions likely to be taken at the GST Council meeting on Friday")
Slowdown not systemic, need to correct asset prices: Deutsche Bank's Joshi
'We hold around €240 billion of liquidity reserves out of a net balance sheet of about a trillion', said Joshi
 "Slowdown not systemic, need to correct asset prices: Deutsche Bank's Joshi")
SAIL reworks marketing strategy to draw high volume sales in November
Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
 "SAIL reworks marketing strategy to draw high volume sales in November")
Job creation to grow at 7% between Oct-Mar amid slowdown: TeamLease report
India is expected to witness a marginal 7 per cent rise in job creation in the October-March period of this financial year, as subdued economic conditions have dampened employment outlook, a report said on Monday. According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal. India will witness a 7.12 per cent increase in job creation in the current half year (October-March, 2019-20), it said. Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics. The sectors that are expected to witness decrease in hiring include manufacturing, engineering and infrastructure, construction and real estate, financial services, retail, BPO/ITeS, telecommunications, travel and ...
 "Job creation to grow at 7% between Oct-Mar amid slowdown: TeamLease report")
India's problems were always bigger than Modi, started much before 2014
Long before Modi came to power in 2014, the country's economy had already developed its unhealthy dependence on finance, corruption and inequality were intolerable
 "India's problems were always bigger than Modi, started much before 2014")
Economy: This is as good as it gets
Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive
 "Economy: This is as good as it gets")
Three dangerous myths
The errors and misapprehensions that led to constant optimism about Indian growth
 "Three dangerous myths")
FM hints at I-T rate cuts, more stimulus measures to boost slowing economy
Says govt is taking steps towards a harassment-free taxation regime
 "FM hints at I-T rate cuts, more stimulus measures to boost slowing economy")
Stricter regulations, pricing control slow down pharma sector growth
The fifth part of the series looks at what's ailing the pharma sector
 "Stricter regulations, pricing control slow down pharma sector growth")
