Page 35 - Economic Slowdown

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

It will need more than a rate cut to salvage India's sputtering economy

It wasn't too long ago that economic aspirations for India echoed China's. Now this young country of 1.4 billion people is looking more like Indonesia, Malaysia or the Philippines

Q2FY20 investment growth at 19-quarter low despite govt's stimulus measures

It was govt spending that held up growth in the quarter, while growth in private final consumption expenditure, a proxy of demand, also improved

GDP growth slows to 4.5% in Q2 as manufacturing, services disappoint

Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter

Best of BS Opinion: Don't waste crisis, Hindutva rate of growth, and more

Here's a selection of opinion pieces from today's Business Standard

Oppn slams govt over slowdown, Manmohan says 'precarious state of economy'

The former PM said many industrialists have told him that they live in fear of harassment by government authorities

India is in the midst of an investment and consumption slump, says expert

There is pressure on policy makers for further fiscal and monetary support to the economy. However, focusing primarily on these would be a mistake on several counts

Slowdown blues: Services sector only bright spot for GVA growth rate

For the 'electricity, gas, water supply and other utility services' sector, GVA grew by 3.6 per cent against 8.7 per cent

Don't waste this crisis: There's no more room to ignore bad economics

A crisis is when a govt can expect people to make sacrifices for the larger good. The danger of doing nothing is that growth of 6% or less becomes the norm, not the unacceptable, writes T N Ninan

Slowdown has certainly bottomed out, says DEA Secy citing market, FDI surge

CEA K V Subramanian and DEA Secy Chakraborty both said economy will pick up in Q3 and that fundamentals of the economy remain very strong

FinMin's claim of slowdown having bottomed out has analysts divided

Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come

Slowdown clouds darken: Core sector output contracts 5.8% in October

Economists said the latest figures portend a deepening of the ongoing industrial slowdown

India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs

This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%

India's Sep-quarter GDP growth slips to 4.5%, the lowest in over six years

Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown

We are in a virtual free-fall: Congress attacks BJP on GDP growth slip

But why is the BJP celebrating? Because their understanding of GDP (Godse Divisive Politics) suggests double digit growth levels. All in the perspective," Randeep Surjewala said

FM's remarks on economy disappointing, crisis entirely home grown: Sinha

Sinha said that even now, the government is largely in denial

Enhanced public spending, lending rate cuts can prop up growth: Experts

At present, India's economy faces a severe demand slowdown on account of high GST rates, farm distress, stagnant wages and liquidity constraints

Parliament highlights: Chit fund Bill passed, Pragya faces action, and more

Parliament Winter Session 2019: Lok Sabha passes bill to grant ownership rights to residents of Delhi's 1,731 unauthorised colonies

September quarter GDP growth may sink to 4.7% on weak demand: Poll

If the latest figure for expansion of gross domestic product is 4.7 per cent or less, the quarter will have registered the slowest expansion in 26 quarters, since 4.3 per cent in January-March 2013

Competition versus reservations

Reservations have eroded human capital in the Indian government, regulatory and public sector institutions