Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.
Participating in the debate on Supplementary Demands for Grants, Congress MP Shashi Tharoor said that the manufacturing growth has come down to average of 3 per cent in the last five years
The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown
Currently, the Kolkata-based company has a network of 105 outlets
Transmission of rate cuts by banks has been slow because any lowering of interest rate, with deposit rates unchanged, will reduce banks' net interest income spread, affecting their revenue
The move is estimated to result in Rs 1.45 trillion in revenue loss for the government during 2019-20
The IIP for construction goods contracted 6.4% in September, fastest since 2012
For HDFC Bank, the weaker economy had led to a slowdown in loan growth, which eased to 15 per cent in the September quarter from 23 per cent a year earlier
The yield spread between the most-traded 10-year notes to two-year debt is at its highest since 2010 on concerns the government will expand record bond sales
Steel output has contracted for two consecutive months, after at least four years of continuous expansion.
BJP MP Nishikant Dubey said the Gross Domestic Product (GDP) has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'
The debate in the Lower House mostly hovered around the GDP slipping to an over-six-year-low of 4.5 per cent in the July-September quarter
What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.
Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies
The September quarter GDP grew at 4.5 per cent in real terms
Nirmala Sitharaman's comments, as cited in local newspapers, followed data released on Friday that showed India's economic growth slowed to 4.5 per cent in the July-September quarter
The GDP figure is an outcome of several months of downbeat figures -- from weak consumer demand and private investment to shrinking factory output and an export slump
The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013
It is a reflection of the changed circumstances in India over the last 25 years that we are not accepting a growth rate of 5 per cent
India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday