Page 49 - India Gdp Growth
Crisil slashes India's FY20 growth to 5.1% over slump across sectors
Growth in the second half of 2019-20 will go up to 5.5 per cent, up from the 4.75 per cent in the first half, the agency said
 "Crisil slashes India's FY20 growth to 5.1% over slump across sectors")
Indian economy crying for reforms. Will Modi reinvent himself and deliver?
Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies
 "Indian economy crying for reforms. Will Modi reinvent himself and deliver?")
Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued
Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued compared to earlier this year and the survey history, the study said.
 "Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued")
India's deepening economic slowdown opens the door for more rate cuts
The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013
 "India's deepening economic slowdown opens the door for more rate cuts")
Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram
India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday
 "Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram")
With growth this bad, India will need more than rate cuts to help economy
The five reductions Shaktikanta Das's overseen haven't given the economy back its groove.
 "With growth this bad, India will need more than rate cuts to help economy")
As news goes from bad to worse, Modi govt scrambles to revive the economy
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
 "As news goes from bad to worse, Modi govt scrambles to revive the economy")
Rupee only emerging Asian currency to slide this qtr; losses to gather pace
The rupee dropped to 72.2425 per dollar earlier this month, a whisker away from a nine-month low of 72.4075 set in September.
 "Rupee only emerging Asian currency to slide this qtr; losses to gather pace")
More than 200 scholars ask govt to release Consumer Expenditure Survey data
The statement comes in light of the Modi government recently saying that it will not be releasing the Survey of Consumer Expenditure, 2017-18 because of "data quality" issues
 "More than 200 scholars ask govt to release Consumer Expenditure Survey data")
Govt has no plans to revise fiscal deficit target, says MoS Finance Thakur
Thakur also listed out the steps taken by the government to boost economic activities.
 "Govt has no plans to revise fiscal deficit target, says MoS Finance Thakur")
Employment growth has slowed in last two years: CARE Ratings study
Financial sector's performance has by far been most impressive with banks
 "Employment growth has slowed in last two years: CARE Ratings study")
Govt can raise Rs 95,000 cr from infra bonds to boost growth: BofA
Even though this will raise the overall public sector borrowing, the market will not react adversely as the money raised will be tied to funding specific needs, Bank of America Merrill Lynch said
 "Govt can raise Rs 95,000 cr from infra bonds to boost growth: BofA")
Why delivering a big bang package of reforms is doable for Modi govt
The important thing is to signal to the market that the government is serious and ambitious.
 "Why delivering a big bang package of reforms is doable for Modi govt")
Amid economic slowdown, Moody's lowers India's 2019 growth forecast to 5.6%
Revises prediction from 6.2%, says slump lasting longer than expected
 "Amid economic slowdown, Moody's lowers India's 2019 growth forecast to 5.6%")
Why economists watered down India's July-Sept growth estimate to 4.2-4.7%
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
 "Why economists watered down India's July-Sept growth estimate to 4.2-4.7%")
Economists estimate India's July-September GDP growth at 4.2-4.7%
Nomura chief economist Sonal Varma has put the Q2 growth at 4.2 per cent, similar to what SBI has estimated
 "Economists estimate India's July-September GDP growth at 4.2-4.7%")
Ayodhya verdict is cue for PM Modi to focus on fixing India's economy
The speed and energy with which the BJP's social agenda has been implemented stands in sharp contrast to the dilatory and timid approach the government has taken to structural economic reform.
 "Ayodhya verdict is cue for PM Modi to focus on fixing India's economy")
Why experts feel Moody's outlook downgrade for India is unjustified
Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well
 "Why experts feel Moody's outlook downgrade for India is unjustified")
Moody's cuts India outlook to negative, predicts 'prolonged slower growth'
Moody's projects a budget deficit of 3.7% of GDP in the year through March 2020, a breach of the government's target of 3.3%.
 "Moody's cuts India outlook to negative, predicts 'prolonged slower growth'")
Diwali demand was muted, India's GDP growth may fall to 5.8%, says BofAML
Economic growth has slipped to a six-year low of 5 per cent for the June quarter and is expected to turn in lower than that in the September quarter
 "Diwali demand was muted, India's GDP growth may fall to 5.8%, says BofAML")