Page 49 - Economic Slowdown

Indian economic slowdown drags: Experts say only big bang reforms will help

Data due Friday is expected to show gross domestic product growth slowed for a fifth straight quarter to 5.7 per cent in the three months ended June

Govt will soon announce 2 more big steps to push consumption: FM Sitharaman

The minister, however, did not elaborate on the two steps to be taken by the government

India's macroeconomic fundamentals are strong, growth fastest: Amit Shah

Shah's positive assessment of Asia's third largest economy came amid talks of a slowdown in economic activity

Stocks can't keep defying slowdown as govt steps fail to convince investors

Analysts say the government's booster dose might not be enough to spur demand in the near term, meaning India's economic woes will continue to weigh on shares and the rupee

Tata Steel leans on branded products to tide over auto sector blues

Company logs 20% higher sales in branded products and retail, 23% in industrial products and projects

Indian economy in transition, slowdown won't stay forever: Vedanta

The remarks come at a time when IMF and Asian Development Bank (ADB) have lowered India's growth forecast, citing global and domestic headwinds

Rally in bond markets lasted just hours after analysts decoded RBI bonanza

Yields on the benchmark 10-year note ended five basis points higher at 6.53% on Tuesday

As animal spirits sag, FM's announcements may fall short of spurring growth

As India's investment and consumption activity worsened in July, the measures announced by the FM to revive the economy will boost market sentiment but are unlikely to propel growth

Analysts rule out big-bang stimulus spend by govt despite RBI windfall

Analysts say lacklustre tax collections and weak growth which is threatening the fiscal deficit target of 3.3 per cent of GDP are some of the reasons that will limit the government's spending power

Goldman Sachs sees more pain in store for the Indian economy

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.

RBI's bonanza to give govt ammunition to fight slowdown, boost capex

This comes at a time when the economic growth rate has slumped to a five-year low after accelerating in the first few years of Modi 1.0 regime

RBI's bonanza is an umbrella to a govt that denied existence of clouds

The central bank is coming to its rescue, and without running any immediate risk of exposure to its own credibility

Letter to BS: Govt deserves compliments for stimulus to arrest slowdown

The govt responded quickly to withdraw the enhanced surcharge levied on income of FPIs on short- and long-term gains on equity

Deepening manufacturing slump puts Germany on the brink of recession

Economic momentum has stalled for the past year, and there are few signs the situation will improve any time soon

Economic slowdown: Steel consumption set for slowest growth in three years

The S&P BSE Metal Index has also plunged about 30% so far this year

Four reasons why Sitharaman's stimulus measures are short on vision

Allowing larger firms to flourish, enabling smaller firms to secure cheap financing and forcing the state to retreat from business would be the great news the private sector has been waiting for

With no major fiscal support, govt's growth measures seen falling short

Sitharaman ignored the auto industry's demand for a reduction of a goods-and-services tax on vehicles to halt the worst slump in car sales in almost two decades

Despite surcharge rollback, near-term flows may remain muted: Chhaochharia

Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction

Coherent set of immediate actions

The government must announce a calendar for implementation of Friday's measures

HDFC bank says consumption growth to continue despite economic slowdown

The largest private sector lender said the quality of its credit card portfolio is not yet affected by the broader economic realities and the stressed part is half that of the industry average