RBI to retain dovish bias going forward: Report

Das said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year.

published on : 6th December 2019

RBI doesn't know how low growth could sink and that's worrying!

The shocking memories of Q1 growth at 5 per cent are probably still fresh and until the air is clear on the 'unknown knowns,' RBI is unlikely to make a move. 

published on : 5th December 2019

RBI surprises by holding policy rates; slashes GDP growth outlook for 2019-20 to 5 per cent

All the six members of the MPC voted in favour of a rate pause. The CPI inflation projection is revised upwards to 5.1-4.7 per cent for H2 FY20 and 4-3.8 per cent for H1 FY21.

published on : 5th December 2019

India’s GDP could decline by one per cent due to trade wars and protectionism: World Bank

The Bank estimates that if trade wars and protectionist tendencies continue among India’s major export destinations, then India’s income and exports could both decline by up to one percentage point.

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

GDP has no relevance, should not be treated as Bible, Ramayan and Mahabharat: BJP MP

BJP MP Nishikant Dubey claimed GDP did not exist before 1934 and said that it will not be of any great use in future.

published on : 2nd 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

Sensex rises 80 points in early trade on strong Asia cues 

Bharti Airtel emerged as the top gainer by surging 7.92 per cent after it announced to hike tariffs from December, followed by Reliance, Tata Motors, HUL, IndusInd Bank Axis Bank, Infosys and TCS.

published on : 2nd December 2019

Economy in deep crisis, witnessing 'death of demand': Yashwant Sinha

The official data released on Friday show that India's second-quarter GDP growth has slumped drastically to 4.5 per cent and is at its lowest in over six years.

published on : 1st December 2019

RBI may cut interest rates again to support growth

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down.

published on : 1st December 2019

Economic slowdown is revenge by the rich, says Economist Dr Charan Singh

Dr Singh trained guns at the ministers claiming the economic situation is stable citing shopping volume and airport rush.

published on : 30th November 2019

Spend big or plunge deep, economists warn government after GDP shocker

Most analysts agree with former PM Dr Manmohan Singh’s comments that mere tinkering with economic policy will not help revive India’s ailing economy and a stronger medicine is needed.

published on : 30th November 2019

BJP has ruined economy, says Priyanka Gandhi Vadra on falling GDP

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.

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

More gloom for Indian economy: Core sector shrinks 5.8 per cent

Economists see no immediate prospect of recovery unless the government pumps money into the system.

published on : 30th November 2019
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