Page 19 - Economic Slowdown

Non-food loan growth pace decelerates to 7.3% in February 2020 from 13.2%

Bankers said the tepid credit off-take was reflection of elongated economic slowdown and demand

RBI pulled out its bazooka to tackle Covid-19 slowdown: Experts on rate cut

The RBI said it was maintaining its "accommodative" stance, and would keep its position "as long as necessary" to revive growth, while ensuring inflation remained within target

Moody's cuts India 2020 GDP forecast to 2.5%; global growth to dip to -0.5%

Over the next few months, Moody's expects job losses across countries to accelerate

Monsoon cheer

India must grab some of the space vacated by China

Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Package announced includes both food security and cash transfer components

FM Sitharman to announce economic package to deal with Covid-19 impact

Earlier this week, the Finance Minister had said a package is under works and will be announced soon.

Treat taxpayers with empathy amid Coronavirus: CBIC chairman to officers

Covid lockdown has acted as a double whammy for the already struggling economy and slowing revenues

Covid-19 impact on infrastructure capex may be worse than seen in 2008

As janta curfews and lockdowns impact ongoing projects, government spending on relief measures may limit future infra spends

UPA economy doctors' prescription to tide over coronavirus crisis

C Rangarajan, Montek Singh Ahluwalia, and Pronab Sen say the present crisis is different from the one then and requires a different prescription

Lower raw material cost to help tyremakers amid economic slowdown

Higher share of replacement segment should help cushion demand drop

Govts scramble to prop up airlines as Covid19 forces more flight, job cuts

US airlines are seeking to quickly reduce their workforces through unpaid leave of up to 12 months with medical benefits or early retirement packages in a sign carriers do not expect a quick rebound

Brokerages slash India Inc's FY21 earnings estimates amid coronavirus scare

Taking into account the current slow economic growth and changes in the prices of commodities, analysts at Nomura estimate 10% and 8% downside risk to FY21 and FY22 consensus' earning estimates

Economic recovery may be protracted over Covid-19: Head of equity, Axis MF

Fear of contraction has kept demand low, especially across the services sectors like airlines, hotels and events, says Gopani

India must prepare for fighting coronavirus and economic slowdown: Rahul

Gandhi also attacked Prime Minister Narendra Modi over the economic situation in the country, saying the PM should get his head "out of the sand" to deal with the problem facing the country.

US economy 'maybe' headed towards recession: Trump amid COVID-19 crisis

His remarks came in response to a question on whether the US economy is heading towards a recession

Peak power demand to bounce back in FY21 depending on industrial activity

While growth in manufacturing hinges on expansion of industrial base, growth in domestic consumption is likely to continue on urbanization and irrigation drive

Will the RBI cut rates today? Fiscal boost also needed to battle slowdown

The Reserve Bank of India is expected to hold a media interaction later in the day today. It is widely expected that the central bank will cut rates and announce measures to boost sentiment.

Roads and highways remain a rare bright spot in economic slowdown

But there have been some delays due to land acquisition and other issues

Cong shifts attack on Modi govt from CAA to economy and Coronavirus

Randeep Surjewala questioned the government on its "crony capitalism" in trying to save Yes Bank by making State Bank of India (SBI) depositors bail that bank out

Top Headlines: Key Cabinet decisions, Coronavirus updates, and more

The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17