Page 22 - Economic Slowdown

Why India's present slump is a more serious issue than earlier slowdowns

What is unusual about the current period of slow growth is that it has come without an exogenous driver, unlike all previous periods of slowdown, going back 50 years, writes T N Ninan

India should double credit growth to 15% for $5 trn economy by '25: Bankers

The country has recorded high double-digit credit growth in the past and is capable of achieving similar growth now as well, they added

Fundamentals of Indian economy strong, no reason for being despondent: Modi

Rejecting pessimism over the target of nearly doubling the size of the economy to $5 trillion, he said aspirational targets were needed to move ahead

Why a growth rate falling below 5% is a clear and present danger for India

At 5 per cent, GDP growth in the current year would be an 11-year low. Worse, this will also mark a deceleration for a third straight year, writes A K Bhattacharya

Budget 2020 is indeed a 'bold' Budget; you cannot fault Sitharaman here

If doing away with tax exemptions is not 'bold', what is? It has annoyed savers which is as good a definition of 'bold' as you will ever get. Structural reform is like that only

DefExpo 2020: US wants security partner India to purchase its arms

Asked whether the flat Indian defence Budget was impeding US sales, the US ambassador to India blamed 'the slowdown'

Titan's jewellery business braves economic slowdown storm in Q3

Better jewellery product mix led to sales rise, gold price trend will be key hereon

Indian economy not in recession, MoS Finance Anurag Thakur tells Parliament

Minister of State for Finance Anurag Thakur said that the Index of Industrial Production (IIP) has improved as it registered a positive growth of 1.8% in November 2019

Best of BS Opinion: Fiscal deficit target, RBI policy stance, and more

Business Standard brings to you best of BS Opinion for the day

Budget measures unlikely to meet growth targets in FY21: Crisil report

Despite tight fiscal conditions, the budget makes room for higher capex

Budget 2020: Selling pressure on stock market may continue, say experts

On Saturday, the benchmark indices closed near their day's lows, indicating further selling pressure on the following trading day

Govt has put out a progressive Budget aimed at boosting infra: Sujeet Kumar

It has restored confidence of businesses as well as provided on-ground support that MSMEs need and farmers deserve, Co-founder of Udaan said

From Nilesh Shah to Jyotivardhan Jaipuria, here're experts' views on Budget

'The disappointment is on the lack of bold, out of the box measures to tackle the current economic slowdown'

A prudent Budget that is unlikely to revive faltering economic growth

Fiscal prudence has been given priority over fiscal stimulus which will contain the growth of debt liabilities, but it will not provide the strong public expenditure push required for reviving growth

Glide path for direct tax

Exemption-free option a good move, but clarity needed

Budget 2020: How will Sitharaman pull off Rs 2.1-trn disinvestment miracle?

The government has promised to raise Rs 120,000 crore via disinvestment, and an additional Rs 90,000 crore from sale of government equity in public-sector banks and financial institutions, in 2020-21

In troubled economic environment, the proof of Budget will be in follow-up

The significant tax alleviation measures and plan to boost agricultural sector and improve farmers' conditions should have a direct positive impact

Slowdown has bottomed out according to Budget, expect rebound in FY21

The document further said the prospects for the Indian economy in 2020-21 need to be assessed in the light of emerging global and domestic challenges and opportunities

Budget 2020: Govt may increase spending on infra, offer tax incentives

In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1

Budget 2020: SBI chairman Rajnish Kumar expects higher infra spending

I am expecting that the budget will be on reviving economic growth, says SBi Chairman Rajnish Kumar