Market rarely reacts to the release of economic data such as GDP growth or factory output
Indian services export growth has outperformed that of the average emerging market in recent years. If global growth continues to be sluggish, India could enlarge its share of the cake
Moody's attributed the deceleration to an investment-led slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation
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
The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data
Discarding attention-grabbing slogans, the government needs to aim for real GDP growth of 8 per cent and higher
ADB also slashed its growth estimate for India to 6.5 per cent from 7 per cent
Abrupt declines in manufacturing and investment reflect uncertainty ahead of general elections, subdued lending by banks and other financial institutions, ADB said.
Increased buoyancy is welcome, though it needs examination of causes
International money managers are starting to fall out of love with Narendra Modi
The Sensex tumbled 770 points to end at 36,563, while the Nifty closed at 10,798, down 2 per cent, or 225.35 points
The BSE benchmark Sensex tumbled 769.88 points, or 2.06 per cent, to close at 36,562.91
PMI survey says competitive pressures and challenging market conditions restricting growth.
Real GDP slowed to 5% year-on-year in 2Q (first quarter of FY20) from the first quarter's 5.8%, below DBS' sub-consensus and market expectations
The govt -- which is sticking to its 7% growth projection for the fiscal -- has recently announced a number of steps to improve India's longer-term growth, without providing any immediate support
In a statement, he said the last quarter GDP growth rate of 5% signals that 'we are in midst of a prolonged slowdown'
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
The investment rate is expected to go up in the second half
The cut in growth rates for India was sharper for both the years than the other seven economies
For 2020 calendar year, it reduced the estimate by a similar measure to 6.7 per cent