Economic Slowdown

Finance Minister T Harish Rao advocates innovation to tackle economic slowdown

Harish Rao also suggested the financial officers to do yoga and pranayama to get relief from mental stress.

published on : 6th December 2019

If there is fall in auto sales then why are there traffic jams, asks BJP MP Virendra Singh

Mast, a Member of Parliament from Ballia in Uttar Pradesh said that an atmosphere of the economic slowdown is being created to defame the government.

published on : 5th December 2019

Skoda sales to dip in 2019 due to economic slowdown: official

'Our sales in calendar 2019 will be lower at 15,000 units as compared to 17,000 in 2018,' Skoda Auto director Zac Hollis said. 

published on : 4th December 2019

Economic slowdown bites real estate hard

Number of applications for property development projects has dipped year-on-year

published on : 4th December 2019

GDP numbers explained: Here's what is hurting our economy

Government expenditure accounts for 13.1 per cent of GDP as on September 2019 and is the sole spinning wheel in India's economic applecart.

published on : 3rd December 2019

Indian banks need USD 7 billion additional capital: Fitch Ratings

The rating agency said that a slowing economy could exacerbate asset-quality tension for a sector grappling with weak recoveries and ageing provisions.

published on : 3rd December 2019

Loosen purse strings, PMEAC tells Finance Ministry

Government urged to spend on rural schemes, infrastructure to propel demand

published on : 3rd December 2019

Crisil slashes growth forecast to 5.1 per cent for financial year 2019-2020

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.

published on : 2nd December 2019

Tax, policy rate cuts will spur recovery in 2020: Report

The report also said that the gross domestic product growth is expected to rise sharply in fiscal 2021 ending in March, to 7.1 per cent, from an estimated 5.7 per cent in fiscal 2020.

published on : 2nd December 2019

Need drastic measures to boost economy: Veerappa Moily

According to data released by the National Statistical Organization (NSO) on Friday, the GDP in the second quarter has declined to 4.5 per cent.

published on : 1st December 2019

Finance Minister Nirmala Sitharaman hints at more interventions amid growth pangs

Sitharaman slashed the corporate tax rate to 22 per cent from 30 per cent for existing companies, and to 15 per cent from 25 per cent for new manufacturing companies.

published on : 30th November 2019

Global economic slowdown has affected Indian economy to some extent: Prakash Javadekar

'The economic slowdown witnessed all over the world has some effect on the Indian economy also,' Javadekar said while addressing a press conference on Saturday.  

published on : 30th November 2019

GDP for third quarter of FY 2019-20 to be worse, predicts P Chidambaram

The former Finance Minister also urged the people of Jharkhand, where polling is underway, to vote against the BJP to record their rejection of its policies.

published on : 30th November 2019

GDP is expected to pick up in Q3, says chief economic advisor Subramanian

India's economic growth slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of last year, the government data showed on Friday.

published on : 29th November 2019

Core sector output shrinks 5.8 per cent in October 2019

Coal production fell steeply by 17.6 per cent, crude oil by 5.1 per cent and natural gas by 5.7 per cent.

published on : 29th November 2019
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