Page 13 - Latest Updates on Gross Domestic Product (GDP)
Output of 8 core industries contracts 5% in Sep, may hurt Q2 GDP growth
Gross domestic product grew by more than a six-year low of 5 per cent in the first quarter
 "Output of 8 core industries contracts 5% in Sep, may hurt Q2 GDP growth")
Economy could grow at over 6% in 2019-20: CEA Krishnamurthy Subramanian
A country like India, at the stage it is in its economic cycle, the key driver is investment, which eventually does affect consumption. And consumption is a force multiplier
 "Economy could grow at over 6% in 2019-20: CEA Krishnamurthy Subramanian")
IMF slashes India's FY20 GDP growth forecast to 6.1% from 7%
As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected India's growth rate at 6.1 per cent in 2019
 "IMF slashes India's FY20 GDP growth forecast to 6.1% from 7%")
Real interest rate dynamics: Who can help?
Economists focus on the real rate of interest to guage the impact on growth.
 "Real interest rate dynamics: Who can help?")
Why India badly needs an export boost to reverse its economic slump
Almost all the talk at present is about import substitution and raising tariffs, but a fundamental reason for India's recent slowdown has been its failure to generate export momentum, writes T N Ninan
At 6%, UN body projects 7-year low GDP growth for India in 2019
The UN body also pointed towards challenges in meeting sustainable development goals (SDGs) at a time when private debts are rising globally
 "At 6%, UN body projects 7-year low GDP growth for India in 2019")
Why the Modi govt should pick Friedman over Keynes and cut its expenditure
Taking Friedman's advice can help improve the govt's finances and then it can return to Keynes again
 "Why the Modi govt should pick Friedman over Keynes and cut its expenditure")
After weak GDP numbers, IIP grows 4.3% in July against 1.2% in June
Experts say too early to call it 'industrial recovery'
 "After weak GDP numbers, IIP grows 4.3% in July against 1.2% in June")
Crisil cuts FY20 GDP forecast to 6.3%, says slowdown deeper than suspected
The Crisil note says recent measures taken by govt will at best address some "pain points" apart from supporting the sentiment
 "Crisil cuts FY20 GDP forecast to 6.3%, says slowdown deeper than suspected")
Economic slowdown, low GDP growth likely to hurt banks' earnings: Analysts
After the balance sheet clean-up in March 2018 and June 2019 quarters, banking sector, mainly corporate lenders, were expected to see sharp improvement in asset quality and credit cost and earnings
 "Economic slowdown, low GDP growth likely to hurt banks' earnings: Analysts")
Short- and long-term measures needed to spur economic growth: India Inc
India Inc wants the transmission of central bank rate cuts to the consumer to be more effective
 "Short- and long-term measures needed to spur economic growth: India Inc")
GDP slump signals significant slide in investment, consumer demand: Ficci
Expressing 'deep' concerns over sluggishness in the growth momentum, Ficci President Sandip Somany said "the latest GDP growth numbers are below expectations
 "GDP slump signals significant slide in investment, consumer demand: Ficci")
PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank
The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders
 "PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank")
Goldman Sachs joins predictions of deeper India rate cuts as slowdown drags
Goldman slashed its growth forecast to 6 per cent for the current fiscal year to March from 6.9 per cent earlier.
 "Goldman Sachs joins predictions of deeper India rate cuts as slowdown drags")
5 per cent GDP growth: Proximate, underlying and theoretical reasons
The ship of the Indian economy is sinking because it is taking water from a hundred holes in its keel. These will take a long time to be fixed
India Ratings cuts FY20 GDP forecast to 6.7% from earlier estimate of 7.3%
It said the rising global trade tension will also have an adverse impact on exports
Top 10 biz headlines: PM to take call on stimulus, exports recover & more
From the finance ministry briefing PM Modi about the economic situation to merchandise exports recovering a bit, here are the top business headlines for Thursday
 "Top 10 biz headlines: PM to take call on stimulus, exports recover & more")
India's economic growth was negative more often before 1947 than after
The average growth in the 50 years leading to Independence was 0.06%
 "India's economic growth was negative more often before 1947 than after")
The algebra of state spending
Net tax revenues are expected to surge by 25.3 per cent, non-tax ones by 27.2 per cent & disinvestment by 23.5 per cent
 "The algebra of state spending")
Budget 2019: Fiscally responsible with a reforms thrust, but protectionist
The finance minister's revenue efforts represent a mix of progressive taxation, dipping into the petroleum sector for collecting more taxes and growing protectionism
 "Budget 2019: Fiscally responsible with a reforms thrust, but protectionist")
