India Economy

Toxic air adds to India’s woes as economy deteriorates

Company defaults on bonds are at a record, output of coal, cement and other heavy industries are contracting, manufacturing is shrinking and trade has plunged.

published on : 7th November 2019

OnePlus defies economic slowdown, continues to lead in Q3 2019

The brand’s widest ever portfolio is also helping it target users looking to upgrade at various price tiers within the all-important premium market.

published on : 7th November 2019

Exports decline 6.57 per cent in September; trade deficit at seven-month low

Imports too declined by 13.85 per cent to USD 36.89 billion in September, narrowing the trade deficit to a seven-month low of USD 10.86 billion, according to the government data released on Friday.

published on : 15th October 2019

FMCG firms brace for tepid Q2 earnings 

Volume growth of consumer goods firms in the second quarter to be in low single digits, says Edelweiss Securities.

published on : 13th October 2019

More bad news as indicators suggest economy slowdown may linger in India

The IMF chief urged the use of monetary policy wisely to improve financial stability.

published on : 10th October 2019

'Develop a temper to listen to truth': Subramanian Swamy to PM Modi on economic slowdown

The comments from the ruling party's Upper House member come at a time when growth has slipped to a six-year low and the government is trying various unconventional measures.

published on : 1st October 2019

Government lost chance to strengthen economy five years back: Economist Desarda

India's gross domestic product (GDP) growth slowed for the fifth consecutive quarter in April-June 2019 to 5 per cent, the lowest in six years.

published on : 22nd September 2019

New factories worth hundreds of crores lined up despite economic slump

Firms such as Britannia, Nestle and PepsiCo may turn aggressive with their expansion plans post corporate tax cut

published on : 21st September 2019

Bullish Vivo unharmed by economic slowdown, lines up new launches

Speaking at the launch of the company’s latest offering, V17 Pro, Marya said Vivo is poised to grow faster than the industry, notwithstanding the slowdown, driven by budgeted smartphones.

published on : 21st September 2019

Tax cut set to boost Ind Inc earnings, but not investments in the short term

Analysts say the surprise move is sure to boost the dangling bottom line of companies struggling with a slump in demand, but it may not turn around the business cycle.

published on : 21st September 2019

Confidence of investors shaken but Modi government refuses to acknowledge truth: Priyanka on economy

The Congress leader has been relentlessly attacking the government over the issue of economy in the last few days and demanding answers from the government over the economic slowdown.

published on : 18th September 2019

After panic oil prices moderate

It is unlikely that even high crude oil prices would push up retail inflation high enough for RBI to put hold on expected interest rate cuts since the price rise effect is expected to be short term.

published on : 18th September 2019

Modi government mulling another booster dose to reinvigorate economy: Sources

The blueprint for the stimulus is ready that would be announced by Finance Minister Nirmala Sitharaman in the next few days, the official said without giving further details.

published on : 18th September 2019

5 per cent Q1 growth a surprise, difficult to predict revival, says RBI Governor Shaktikanta Das

Expressing concern over the first quarter GDP, RBI Governor said that the numbers looked much worse because RBI had projected 5.8 per cent.

published on : 16th September 2019

Economy suffering from clueless stewardship: BJP MP Subramanian Swamy

Swamy, however, is hopeful that India will come out successful, as it has in all crises in the past 72 years.  

published on : 16th September 2019
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