Page 46 - Economic Slowdown

Why the FM has a point about app-based taxis impacting car demand

With economic slowdown, financial sector woes, the wait for stricter emission norms also at play, why don't car makers who can afford to slash prices do so to keep sales ticking, asks T N Ninan

Why IT, pharma funds can be safe bets for investors in a bad market

Investors, however, need to understand their prospects before deciding to raise their exposure to these export-oriented sectors

IT, BFSI and e-commerce to lead job growth despite economic slowdown

Company officials estimate that the IT sector has been able to register a net growth in job creation despite high attrition levels

Distant thunder and Sher Khan

There has to be a dialogue of alternatives, which would help generate ideas for action

Concrete economic plan needed, not foolish theories on millenials: Rahul

Congress leader Rahul Gandhi on Thursday attacked the Modi government over the state of the economy, saying what India needs is not propaganda, manipulated news cycles and foolish theories about millennials, but a concrete plan to fix the economy. Gandhi's attack on the government comes two days after Finance Minister Nirmala Sitharaman in Chennai on Tuesday said that the slowdown in the automobile sector was due to many factors like the change in mindset of millennials, who now prefer taxi aggregators like Ola and Uber, instead of committing for monthly installments to own a car. "What India needs isn't propaganda, manipulated news cycles & foolish theories about millennials, but a concrete plan to #FixTheEconomy that we can all get behind," Gandhi said in a tweet. "Acknowledging that we have a problem is a good place to start," the former Congress president said. Gandhi also tagged an interview of former prime minister Manmohan Singh in which he had said the government must ...

Demonetisation followed by faulty GST led to this slowdown: Manmohan Singh

The first step to fix it is to acknowledge that there is an economic slowdown, says the former Prime Minister

Best of BS Opinion: Dim growth prospects, RCEP an opportunity and more

Here's a selection of Business Standard opinion pieces for the day

Banks target weaker borrowers as credit growth slips: Why it's a risky bet

Unsecured loans can only offer banks a temporary shelter during a downturn in collateralised credit

Ola, Uber not 'strong factor' in auto sector slowdown: Maruti Suzuki

Ownership pattern in India still has not changed and people purchase cars with an "aspirational aspect", MSI Executive Director (Marketing and Sales) Shashank Srivastava said in an interview

Growth prospects dim

Given India's policy and institutional constraints, it will be difficult to significantly accelerate economic growth from present rates

Best of BS opinion: Govt's revenue challenges, trade policy and more

Here's a selection of Business Standard Opinion pieces for the day

ITC fights economic slowdown with slew of new pack sizes and offerings

ITC is driving growth with new products. But under the leadership of ITC's new chairman, Sanjiv Puri, the focus for the company is to drive growth with profitability

CEO pay grows faster than profits in FY19: Combined compensation rises 6.3%

Experts attribute the relatively slower growth in total compensation to the decline in commissions in line with poor corporate profitability

Wealth managers unearth value in smaller towns to beat the slowdown blues

Markets like Raipur and Mangaluru, where people are more cash-rich, offer opportunities that bigger cities don't

Telangana govt slashes FY20 budget citing slowdown impact on state finances

The government has allocated around Rs 9,000 crore for social security pensions

Maruti, Bajaj Auto gain up to 12% in August. Time to exit auto stocks?

The recent up move, analysts say, was on the hopes of a possible cut in GST rates, which in turn fuelled a relief rally in the counters

Top 10 biz headlines: No GST relief for auto cos, opposition to RCEP & more

From chances of the auto industry having to wait longer for a GST rate cut on cars to Maruti Suzuki planning to lease 100 sales outlets to car dealers, here are the top business headlines for Monday

Let equity markets worry about cars, bond investors have eyes on the road

Like its bigger neighboring economy, Indonesia, too, is hungry for capital that would create jobs for its teeming youth population

Indian consumers remain confident despite economic slowdown: Nielsen

Country tops consumer confidence index in April-June; economists say more pain ahead

Exporters still face various problems

Hopefully, the government will take note and make life easier for exporters