Page 42 - Economic Slowdown

Congress hits out at govt, says fiscal deficit not at 3.3% but beyond 8%

Asserting that Indian economy has moved from recession to crisis mode, senior Congress leader Anand Sharma said PM Narendra Modi and Finance Minister Nirmala Sitharaman are 'oblivious' to situation

Smaller investors head for the exit amid economic slowdown and poor returns

The ratio of the number of sessions that witnessed net buying to those with net selling has been on the decline for such investors in recent times

Fiscal policy and the growth slowdown

The question then is: On what should government spend this extra borrowing?

Govt giving sector-specific solutions to fight slowdown: Sitharaman

Sitharaman's comments came hours after global ratings agency Moody's Investors Service sharply cut its FY20 GDP growth forecast for India to 5.8 per cent

Tax cuts: Knee-jerk or part of a plan?

Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will

No slowdown blues for AC makers as double-digit sales growth continues

After strong sales in summer season, they have continued to clock 15-20% growth in recent months

Effects of global slowdown more pronounced in India: IMF Chief Georgieva

She said the World Economic Outlook to be released next week will show downward revisions for 2019 and 2020

Malaysian PM Mahathir accepts failure of the boom he launched 30 years ago

While Vision 2020 was always more rhetoric than reality, it did serve to harness Malaysia to the climate of the times

Statspeak: Companies need to understand the evolving consumer better

Identifying your niche and moving away from mass targeting will be the keys, says the Deloitte India report

Maruti Suzuki cuts production for eighth straight month in September

Reeling under a prolonged slowdown, Maruti Suzuki India (MSI) reduced its production by 17.48 per cent in September, making it the eighth straight month when the country's largest car maker lowered its output. The company produced a total of 1,32,199 units in September as against 1,60,219 units in the year-ago month, Maruti Suzuki India (MSI) said in a regulatory filing. Passenger vehicles' production last month stood at 1,30,264 units as against 1,57,659 units in September 2018, a decline of 17.37 per cent, it added. Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire stood at 98,337 units as against 1,15,576 units in September last year, down 14.91 per cent. Similarly, production of utility vehicles such as Vitara Brezza, Ertiga and S-Cross declined 17.05 per cent to 18,435 units as compared with 22,226 units a year ago. Mid-sized sedan Ciaz saw its production reduced to 2,350 units in September from 4,739 units in the

Slowdown impact: UP July industrial output falls 3.6% as mining, mfg drag

State's industrial output had grown 3.2 per cent YoY in June, exceeding the all-India figure of 2% that month

Monetary policy review: PMC fallout adds to RBI's woes ahead of rate cut

The latest trouble in the banking system may further hurt lending in an industry still grappling with the fallout from the collapse of a major shadow lender last year

Indian states' fiscal battle amid economic slowdown: Explained in 8 charts

The RBI study shows that the aggregate debt level could go beyond 25 per cent of GDP in the current year itself if off-budget guarantees are taken into account

Govt steps post-budget and festive season will boost demand: JSW Steel

Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors

Growth will improve by January but no 'runaway boom': Aditya Puri

While the crisis with the shadow banks is over, there may be a few companies, especially with exposure to the realty space, that may face problems in the future, Puri told in an interview

Slowdown woes: Trade credit insurance claims rise 38%, premiums jump 14%

The insurers feel that various initiatives taken by the government such as recapitalisation of PSBs and their mergers will boost the liquidity situation in the market

Zinc looks to make inroads into solar, fertilizer segment for consumption

Zinc coated (galvanized) steel is the most effective and inexpensive way to protect steel from the corrosive effects of weather, temperature and oxygen

Why ration out rate cuts when slowdown is so sharp?

The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data

Slowdown blues: Low demand in economy shrinks loan book of India Inc

Outstanding loans to commercial sector fell Rs 65K cr; in H1FY19, it grew Rs 1.73 trn

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September