economic slowdown

Govt data deepens slowdown worries

Government data also showed retail inflation shot up to a 40-month high of 5.54% in November, inching closer towards the psychological mark of 6%.

published on : 13th December 2019

Economy resilient; no cause for apprehension on decline in GDP: Union Minister Rao Inderjit Singh

In reply to another supplementary, he said the demand and supply system is not as good as it should have been.

published on : 12th December 2019

Demonetisation helped in reducing incremental growth in currency notes by Rs 3 lakh crore: FinMin

The government had banned Rs 1,000 and Rs 500 denomination notes on November 8, 2016, with an aim to check black money, eliminate Fake Indian Currency Notes (FICN), among others.

published on : 10th December 2019

After nine months of output cut, Maruti Suzuki increases production by 4.33 per cent in November

The company produced a total of 1,41,834 units in November as against 1,35,946 units in the year-ago month, MSI said in a regulatory filing.

published on : 8th December 2019

Onion crisis exposes Odisha govt's surplus claim

Minister attributes scarcity to low production in source States, while figures reveal surplus output under Onion Mission

published on : 8th December 2019

India in growth recession; centralisation of power in PMO not good: Raghuram Rajan

He also urged India to join free trade agreements judiciously in order to boost competition and improve domestic efficiency.

published on : 8th December 2019

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
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