Page 19 - Economic Growth

This govt will not shy away from taking bold decisions, says S Jaishankar

The power of digital technology is transforming governance and public delivery of services and making it more participatory

IMF says India's growth 'much weaker' than expected; cuts FY20 projection

The economic growth slowed to a seven-year low to 5% in April to June quarter from 8% a year ago

Growth prospects dim

Given India's policy and institutional constraints, it will be difficult to significantly accelerate economic growth from present rates

GDP to grow at 6% in Apr-June, more rate cuts by RBI in 2019: Ficci survey

India's economy will grow at a median rate of 6 per cent during the first quarter of the current financial year ended June 30, according to a Ficci report. The country's economy grew at 8.2 per cent in April-June 2018-19. The growth numbers for the first quarter are expected to be released by the Central Statistics Office next week. "The recently released unemployment numbers by NSSO reaffirm the grim situation with regard to employment in the country," said Ficci Economic Outlook Survey. It pegged the annual median GDP growth forecast for 2019-20 at 6.9 per cent, with a minimum and maximum estimate of 6.7 per cent and 7.2 per cent, respectively. The median is the middle number in a sorted, ascending or descending list of numbers which can be more descriptive of a data set than the average. A majority of the participating economists in the survey suggested the RBI will continue its accomodative stance, with a further cut in the repo rate in the remaining part of 2019-20. They fel

Market tanks as stimulus hopes dim; CEA asks companies to change mindset

CEA Subramanian said it would be a 'moral hazard' if the government were to use public money to cushion private losses

FinMin asks PSBs to begin consultation process to achieve $5-trn economy

It also aims to find out the role of PSBs as active partners in the Indian growth story for the next five years

Fixing the demand slump: Seven reasons for slowdown, and possible solutions

The govt might look for quick fixes under pressure to revive the economy, but sustainable economic growth will continue to be elusive without structural changes, writes T N Ninan

NCAER sees GDP growth at 6.2% on flat agriculture gross value added

The IMF projected the growth rate at 7% for FY20, while the World Bank saw it at 7.5%

Statsguru: The anatomy of slowing growth

One of the biggest contributors to the slowdown is the investment rate

Focus on export, reducing stimulus of domestic demand: World Bank to India

India, the World Bank said, is exporting only 10 per cent of its GDP

India retains fastest growing economy tag, despite spike in oil prices

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth

India's economic growth to slow down to 7.3% in 2019, 2020: Moody's

Moody's said the greatest downside risk to India's growth prospects stem from concerns about its financial sector

US economic growth, rupee fall to boost Indian exports: Assocham report

The US economic growth accelerated by 4.2 per cent in the second quarter of this year, its fastest pace in about four years despite the ongoing tariff war with China

Rajan's NPA drive hampered GDP growth, not demonetisation: NITI Aayog VC

He said Raghuram Rajan instituted a new mechanism to identify stressed NPAs. This increased NPAs from Rs 4 trn to Rs 10.5 trn

India's next growth engine

A digital revolution in MSMEs' access to credit might accelerate growth and prosperity - if policymakers focus on simplicity, access, and human capital

A steady recovery: Manufacturing, investments help buoy economic growth

The biggest contribution to the improved numbers in the fourth quarter came from public administration

Keep the fisc in mind

Govt cannot spend its way to economic growth

T N Ninan: The sub-seven reality

India is no longer a rapidly-growing economy. That is not a transient blip, it is a seven-year trend

Economic growth, inflation to trend higher in next 6-12 months: Nomura

Most MPC members voted for a rate cut in August

Derivative of slow growth

If the amount of wealth per person rises in a virtual world, that is a problem