Page 40 - Economic Slowdown

Govt committed to following fiscal deficit glide path, says DEA secretary

Concerns have been raised by different agencies about the ability of the government to meet the fiscal deficit target

Congress questions govt's 'data integrity', says economy facing stagnation

Congress spokesperson Sanjay Jha said the government is in a deep sleep 'like Rip Van Winkle', the famous fairytale character

Rajan responds to FM's comment, says two-thirds of his tenure was under BJP

He said the country needs a new generation of reforms to accelerate economic growth. At 5% GDP growth rate, India was witnessing substantial economic slowdown

FinMin claims huge progress in report on measures to boost economy

As per the report card, all public sector banks have introduced Repo Rate Linked Products

US Fed cuts key rate by 25 bps, but signals pause in its easing cycle

The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate

Gartner sees Indian IT firms growing faster in 2020 on rising client spend

The report said this year's slowdown in spending won't stretch as far as into 2020, despite concerns over recession and companies cutting on discretionary IT spending

Govt unlikely to cut income-tax rate amid economic slowdown, fiscal stress

The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue mobilisation goal of Rs 13.80 trillion

FMCG firms dig deep in the hinterland to spur sagging rural demand

The rural market, which accounts for 36 per cent of India's FMCG market by sales, contributed 60 per cent to the slowdown

Air cargo firms hit by economic, global trade slowdown; Aug freight down 5%

Many of the shippers are facing cancellation of orders and buyers are insisting for discounts.

Economic slowdown 'temporary', reforms undertaken to reverse trend: Ambani

Indian economy has seen growth rate decline in each of the past five quarters

Consumption blues

Tax cut helps, but India Inc's revenue growth falters

Economic slowdown hit jewellery and apparel sales this Diwali: Report

The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline

Indian economy on life support, structural reforms need of the hour

What's going on? The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult

Corporate tax cut a consolation for benchmarks in volatile year

Sensex gained 12% while Nifty ended up 10% despite challenges such as the trade war andtrade war and economic slowdown

Dim Diwali: From watches to clothes, luxury brands get the slowdown blues

Walk into any designer clothing store which caters to businessmen in Mumbai and the absence of footfalls is evident

Quick-service restaurants post 5-7% rise in sales, buck the slowdown trend

Jubilant FoodWorks saw its same-store sales growth (SSG) at nearly 5% in Q2

Despite consumption slowdown, packaged food sector grows 14.4%: IIP data

Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time

Slowdown impact: Gold, silver sales down by up to 40% this Dhanteras

Dhanteras was a muted affair in most markets across the country with traders complaining of lesser footfall and reduced consumer spending

Economic slowdown: Sundaram-Clayton declares non-working days at plants

Five-day shutdown at Chennai units starting Oct 29, Hosur to go silent for three days

Aluminium makers stare at consumption slowdown on auto sector stress

The prevailing economic slump and auto sector stress are likely to moderate consumption of aluminium products