Page 34 - India Gdp
RBI may discuss interim dividend issue in board meet amid revenue shortfall
If the RBI board agrees to interim dividend based on their six-month performance, it would provide some financial relief to the government, sources added.
 "RBI may discuss interim dividend issue in board meet amid revenue shortfall")
Govt sees nominal GDP at 12.2% till FY25; assuming average inflation of 4%
The Centre's budgetary support as a percentage of nominal GDP is expected to grow from 0.74% in 2019-20 to 1.11% in 2024-25
 "Govt sees nominal GDP at 12.2% till FY25; assuming average inflation of 4%")
Current account deficit shrinks to 0.9% of GDP in July-Sept quarter: RBI
Foreign portfolio investment recorded net inflow of $2.5 billion, against an outflow of $1.6 billion in the year-ago quarter, due to higher flow in the debt market.
 "Current account deficit shrinks to 0.9% of GDP in July-Sept quarter: RBI")
Best of BS Opinion: Restore data credibility, Indo-US ties, and more
From Indo-China economic gap, Trump's game plan for Indo-Pacific to unemployment in India, here's a selection of Business Standard Opinion pieces for the day.
 "Best of BS Opinion: Restore data credibility, Indo-US ties, and more")
Best of BS Opinion: Lessons for BJP, India's economic slowdown, and more
Here's a collection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Lessons for BJP, India's economic slowdown, and more")
Re-think GST: No economy can afford to persist with a failed tax experiment
Let's pretend no more that the system isn't broken. The Centre needs to break heads in the GST Council and work out new slabs and rates (the fewer the better) and make a fresh start, writes T N Ninan
Can't compare GDP data with consumer spending report, says govt panel
A fall in household spending is a signal that poverty may have increased, according to experts
 "Can't compare GDP data with consumer spending report, says govt panel")
HIGLIGHTS: Chidambaram speaks up, says govt clueless about fixing economy
Senior Congress leader P Chidambaram addresses press conference in party office in Delhi after being released on bail.
 "HIGLIGHTS: Chidambaram speaks up, says govt clueless about fixing economy")
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?")
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")
Cut in corporate tax rate important for investments: CEA Subramanian
The government has undertaken a number of measures to arrest the growth slowdown. In September, it announced a cut in the corporate tax rate to 22 per cent from 30 per cent.
 "Cut in corporate tax rate important for investments: CEA Subramanian")
National Clean Air Programme: Tharoor suggests framework to fight pollution
Tharoor asserted that there is a need to work together in a collaborative spirit to deal with this perennial issue.
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%")
Moody's outlook downgrade for India: A wake up call, but not justified
Moody's has not considered the fact that the government has been addressing various issues to help the economy.
 "Moody's outlook downgrade for India: A wake up call, but not justified")
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 sees credit crunch to prolong in India, pain for households
Ratings company cuts India's outlook to negative, says fewer jobs will be created.
 "Moody's sees credit crunch to prolong in India, pain for households")
Govt committed to following fiscal deficit glide path, says DEA secretary
Concerns have been raised by different agencies about the ability of the government to meet the fiscal deficit target
 "Govt committed to following fiscal deficit glide path, says DEA secretary")
Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%
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
 "Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%")
ADB paints gloomy picture; cuts India FY20 GDP growth forecast to 6.5%
Abrupt declines in manufacturing and investment reflect uncertainty ahead of general elections, subdued lending by banks and other financial institutions, ADB said.
 "ADB paints gloomy picture; cuts India FY20 GDP growth forecast to 6.5%")
Top 10 biz headlines: FY20 growth forecast cut, govt's big EV push & more
From economists cutting their projection of the GDP expansion for 2019-20 to the govt considering more sops and benefits to push electric mobility, here are the top business headlines for Wednesday