Forecast lowest among recent predictions
NCAER said the monetary policy measures are unlikely to revive growth at this juncture and suggested providing fiscal stimulus, which too can be challenging
"Every three years there is fall in demand in economy. It is a cycle. Then the economy picks up also," he added
Sales of gasoline, or petrol, rose 8.9% in October from a year earlier, to 2.54 million tonnes
The Congress plans to hold this national protest in Delhi soon
Revises prediction from 6.2%, says slump lasting longer than expected
Passenger vehicle (PV) sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
Experts are of the opinion that though the second half of this financial year will see some recovery, volume growth is likely to remain in single digit
But core inflation, which excludes the volatile components of food and fuel, stood at 3.3 per cent in October; this is its lowest in eight years
Dollar index, which measures the greenback's strength against major global currencies, rose 0.05% to 98.35
Till the current self-created economic slowdown ends, we can safely wallow in India's greatness in a mythical golden age when we apparently knew all about nuclear weapons and plastic surgery
Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period
State Bank of India (SBI) joins global agencies such as the ADB, World Bank, OECD, RBI and the IMF in downgrading India's FY20 growth rates
Govt must not conceal how slowdown is impacting revenue
Shyam Saran argues that India is at a rare moment of history when the ruling political dispensation enjoys unprecedented political capital and is led by a charismatic and ambitious leader
BSE has recently developed a 'real time price movement' chart with correlation to market rumors
Lion's share of jobs generated in rural sector, through a slew of schemes aimed at creating self-employment and employment opportunities
UV launches, steep festival discounts bolster sales
Structural changes needed in every aspect of the economy
Launching The Rise of Finance: Causes, Consequences and Cure, she said the book would help "understand the current economic situation facing both the world and Indian economy"