Government sources blame previous TDP regime for AP’s poor show in growth

They said that the current YSR Congress regime has nothing to do with the rankings.

published on : 22nd October 2019

Top leaders from India, US to discuss trade, geopolitics at leadership summit in Delhi

Over 300 influential and powerful people from India and the US are joining the summit which aims to focus on the immense potential that the US-India relationship.

published on : 20th October 2019

India needs to address banking sector problems: IMF MD Kristalina Georgieva

Georgieva said that it is critically important to continue with addressing the long-term drivers of growth.

published on : 17th October 2019

Non-life insurance firms see over 28% growth

On a cumulative basis, the premium collection of all non-life insurers during April-September this fiscal rose by 17 per cent to Rs 95,979 crore.

published on : 16th October 2019

IMF reduces India's GDP growth estimate to 6.1%

IMF’s sharp reduction of 1.2 per cent is in line with forecasts of other agencies, including the World Bank, Moody’s and the RBI, whose revised growth figures range between 5.8 and 6.3 per cent.

published on : 16th October 2019

Trade woes push IMF Global Growth outlook to decade-low of 3 per cent

While the World Economic Outlook has forecasted an economic deceleration in US and China, there are signs of a broad slowdown, shaky outlook and uncertain recovery.

published on : 15th October 2019

IMF slashes India's GDP growth projection to 6.1 per cent for 2019

However, the IMF's World Economic Outlook (WEO) released on Tuesday projected India's economy to pick up and grow by 7 per cent in the 2020 fiscal year.

published on : 15th October 2019

Economic slowdown cyclic in nature; the right time to invest in India: Goyal

He also said, 'We had a pretty good run for almost four to five year before the last two quarters. It (the slowdown) is rightsizing of certain sectors or opportunities in different areas.'

published on : 15th October 2019

World Bank says India faces severe slowdown, cuts GDP forecast

GDP growth cooled for a fifth straight quarter to 5 per cent in the three months ended June, at the slowest pace since March 2013.

published on : 13th October 2019

As growth dips, are we stepping into a long, dark winter?

In this respect, India slipping 10 notches to 68th position from 58th last year, among 141 countries surveyed by the Global Competitiveness Index (GCI) is a matter of concern.

published on : 13th October 2019

Infosys profit rises 5.8 per cent QoQ on digital growth, new deals in Q2

According to Infosys, the company was able to clinch some major deals during the second quarter and the number of clients rose to 1,364 by the end of Q2, from 1,336 clients in Q1.

published on : 12th October 2019

Bank credit growth slips to single-digit first time this year

In the year-ago fortnight, the advances had stood at Rs 89.82 lakh crore. In the previous fortnight ending September 13, bank credit had grown 10.26 per cent to Rs 97.01 lakh crore.

published on : 11th October 2019

Rise in consumer demand during festive season lead to continued hiring amid muted job growth

Consumer spending during these months increases significantly across various products and services and businesses need additional manpower.

published on : 10th October 2019

90 per cent of the world to witness economic slowdown in 2019: IMF warns

The IMF chief warned that the World Economic Outlook for 2019 and 2020 reflects a complex situation compared to the previous figures presented in July in Chile.

published on : 9th October 2019

Growth reaches a trough; to start improving by January: Aditya Puri

The comments were made at an interaction before the RBI sharply revised down its GDP growth target to 6.1 per cent on Friday. 

published on : 6th October 2019
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