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Page 34 - Economic Slowdown

Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM

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.

Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM
Updated On : 04 Dec 2019 | 8:36 PM IST

Tharoor slams govt over economy, expresses concern over fiscal slippage

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

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Updated On : 04 Dec 2019 | 6:58 PM IST

Ashok Leyland announces non-working days for December as demand falls

The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown

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Updated On : 04 Dec 2019 | 5:08 PM IST

Senco Gold looks to buck slowdown, to launch 100 new stores in 3-5 years

Currently, the Kolkata-based company has a network of 105 outlets

Senco Gold looks to buck slowdown, to launch 100 new stores in 3-5 years
Updated On : 04 Dec 2019 | 4:24 PM IST

Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth

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

Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth
Updated On : 04 Dec 2019 | 8:44 AM IST

Budget 2020: Finance ministry seeks suggestions on direct, indirect taxes

The move is estimated to result in Rs 1.45 trillion in revenue loss for the government during 2019-20

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Updated On : 04 Dec 2019 | 8:05 AM IST

How Noida's construction activity slowdown has flattened local economy

The IIP for construction goods contracted 6.4% in September, fastest since 2012

How Noida's construction activity slowdown has flattened local economy
Updated On : 03 Dec 2019 | 10:53 PM IST

HDFC Bank sees signs of rural revival as wider economy remains sluggish

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

HDFC Bank sees signs of rural revival as wider economy remains sluggish
Updated On : 03 Dec 2019 | 11:58 AM IST

India's yield curve sees steepest rise in nine years, set to go up further

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

India's yield curve sees steepest rise in nine years, set to go up further
Updated On : 03 Dec 2019 | 10:15 AM IST

Slowdown blues: Steel industry reels from poor demand, wafer-thin margins

Steel output has contracted for two consecutive months, after at least four years of continuous expansion.

Slowdown blues: Steel industry reels from poor demand, wafer-thin margins
Updated On : 02 Dec 2019 | 11:11 PM IST

God save us from New India's novice economists: Congress' dig at BJP MP

BJP MP Nishikant Dubey said the Gross Domestic Product (GDP) has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'

God save us from New India's novice economists: Congress' dig at BJP MP
Updated On : 02 Dec 2019 | 10:14 PM IST

GDP has no relevance, should not be treated as gospel truth: BJP MP

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

GDP has no relevance, should not be treated as gospel truth: BJP MP
Updated On : 02 Dec 2019 | 9:25 PM IST

Textiles to pharma: India's deepening slowdown explained in six charts

What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.

Textiles to pharma: India's deepening slowdown explained in six charts
Updated On : 02 Dec 2019 | 12:58 PM IST

Indian economy crying for reforms. Will Modi reinvent himself and deliver?

Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies

Indian economy crying for reforms. Will Modi reinvent himself and deliver?
Updated On : 02 Dec 2019 | 11:49 AM IST

Indian economy loses sheen amid slowdown: Explained in seven charts

The September quarter GDP grew at 4.5 per cent in real terms

Indian economy loses sheen amid slowdown: Explained in seven charts
Updated On : 01 Dec 2019 | 11:20 PM IST

India considers investing $1.39 trn in infrastructure to spur economy

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

India considers investing $1.39 trn in infrastructure to spur economy
Updated On : 01 Dec 2019 | 1:00 PM IST

Govt turned a blind eye to lag signs in IIP, core sector growth: Experts

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

Govt turned a blind eye to lag signs in IIP, core sector growth: Experts
Updated On : 01 Dec 2019 | 10:32 AM IST

India's deepening economic slowdown opens the door for more rate cuts

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

India's deepening economic slowdown opens the door for more rate cuts
Updated On : 01 Dec 2019 | 7:48 AM IST

GDP is an imperfect measure of economic performance, says Jairam Ramesh

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

GDP is an imperfect measure of economic performance, says Jairam Ramesh
Updated On : 30 Nov 2019 | 8:39 PM IST

Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram

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

Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram
Updated On : 30 Nov 2019 | 2:35 PM IST