Indian economy

USD 5 trillion economy goal difficult, not impossible: Union Minister Nitin Gadkari

Prime Minister Narendra Modi and other BJP leaders have often spoken about the goal of turning India into a USD 5 trillion economy by 2024.

published on : 18th January 2020

Housing sales across nine major cities drop 30 per cent in third quarter

Sales in the residential property market fell 13 per cent to 2,63,294 units during the first nine months of this fiscal as against 228,220 units in the corresponding period of the previous year.

published on : 14th January 2020

In times of a 'near' war, slowing economy, here's what you can do

As the US-Iran tension ebbed and flowed, the market reaction was dramatic. What should you do in such a panic situation? Make your hay!

published on : 13th January 2020

Worst auto sales dip in two decades in 2019: SIAM

Despite a host of year-end discounts on passenger vehicles (PVs), its sales declined 1.2 per cent to 235,786 units in December, according to the data released by SIAM.

published on : 11th January 2020

Experts differ on effects of slowdown   

Muthuraman, vice chairman of Tata Steel said that the current slowdown may help in the long run.

published on : 11th January 2020

Curious signals in pre-Budget meet

Finance Minister Nirmala Sitharaman was conspicuous by her absence in the Thursday meeting held at the Niti Aayog.

published on : 10th January 2020

Urgent lift needed from the 5%-growth abyss

The only consolation seems to be that the second half performance of 5.2% growth is better than the first half, which was a dismal 4.8%.

published on : 9th January 2020

MTaI seeks streamlining of tax & duty structure to make medical devices affordable

Another demand raised by the industry body is for reducing the GST on medical devices from 12 per cent to 5 per cent, the statement said.

published on : 8th January 2020

PM Narendra Modi meets top business honchos to talk jobs, growth amid economic slump

The government is keen to improve business sentiments, get industrialists to loosen purse strings and invest and hopefully create jobs.

published on : 6th January 2020

India less affected by global economic slowdown: Rajnath Singh

The Defence Minister assured the traders that the government will soon overcome the problems arising out of the current economic situation of growth slowdown.

published on : 6th January 2020

BJP leader Subramanian Swamy expresses concern over economy

The fiscal decisions of the government have not yielded the desired results, Rajya Sabha MP Subramanian Swamy said.

published on : 6th January 2020

Indian economy in shambles? Citizens not happy with government's handling of situation

People who have been affected, and those who fear they are next in line, are not happy with the government’s handling of the situation.

published on : 2nd January 2020

India may surpass Germany to become fourth-largest economy in 2026: Report

It further said that India is also set to reach a GDP of USD 5 trillion by 2026, two years later than the government's target.

published on : 29th December 2019

Economic slowdown: Pain may deepen in 2020, first half could be rough

Economists are projecting growth to settle somewhere between 6 and 6.5 per cent in FY21, but none dare to go near the 7 per cent mark, last seen in FY18.

published on : 29th December 2019

IMF prescription for India goes against advice of Chief Ministers, economists

The World Bank arm’s advice is that India should avoid fiscal stimulus and instead generate revenue for its development needs by slashing debt.

published on : 24th December 2019
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