Page 29 - Economic Slowdown

Money is needed in the hands of people to sustain demand: Harsh Singhania

India Inc is passing on the benefits of tax cuts to consumers

Fitch cuts India's GDP growth to 4.6% as credit crunch cripples economy

The rating agency sees moderate fiscal slippage, retains sovereign rating and outlook

India Inc should make bold investment decisions to push up growth: PM Modi

'Achieving a $5-trillion economy is absolutely possible', said PM Modi

Auto Expo being pegged as launchpad for revival of slowdown hit sector

Slowdown-hit auto industry is looking forward to the upcoming Auto Expo in February 2020 as the 'launching pad for revival' despite some big regular companies skipping the biennial motor show, SIAM said Friday. Industry body Society of Indian Automobile Manufacturers (SIAM) said that over 60 new launches and unveilings of vehicles are expected at the expo to be held from February 5-12, where China's Great Wall Motor Company and First Automotive Works (FAW) will make their debut along with MG Motors India. Notable absentees from the expo will be Honda, Toyota, Ford, BMW, Audi, Lexus, Volvo and Jaguar Land Rover along two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Co. Holding the flag up for the industry are the likes of Maruti Suzuki, Hyundai, M&M, Tata Motors and Kia along with Skoda and Volkswagen brands, which are making a comeback after skipping the 2018 edition. "Auto Expo 2020 will be the launching pad for the revival of the auto industry, we feel," SIAM President

Rising stocks amid economic slowdown leave former CEA Subramanian surprised

Equity benchmarks advanced to fresh lifetime highs for the third session on the trot on Thursday, spurred by buying in energy, IT and auto counters amid persistent foreign fund inflows

FMCGs turning attention on premium, small packs as spending curbs grow

Companies also ensuring visibility on digital and TV

Airtel will continue to invest Rs 20,000-cr despite slowdown: Sunil Mittal

Mittal said he made a request, on behalf of the telecom industry, for Rs 37,000 crore goods and services tax (GST) refund

It's India's 'Great Slowdown', economy headed to ICU: Ex-CEA Subramanian

India's GDP growth in the July-September quarter slowed to a six-year low of 4.5 per cent. This was the sixth consecutive quarter when the growth rate had fallen.

Unilever cuts sales guidance as growth concerns in India market remain

"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"

Not turning lower inflation into low interest rates hurting growth: EAC-PM

Efforts should be mounted to lower the interest rate burdens for borrowers, and RBI's pause had a "terrible" effect of costs for a third of borrowers going up by 0.25 per cent

Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao

Subbarao pointed out that the nominal GDP growth has fallen to as low as 6.1%

IMF may downgrade India's growth forecast significantly in Jan: Gopinath

A fall in consumption, lack of private investments and sluggish exports are being blamed for a slower GDP growth

Amit Shah praises Sitharaman, says Global slowdown impacting Indian economy

He said Sitharaman is tackling the economy in a "very good manner" and added that the tax collection crossed the Rs 1 lakh crore-mark in the previous month

India impacted by global recession, will emerge from it, says Rajnath Singh

India's GDP growth slowed for the sixth consecutive quarter in the July-September quarter to 4.5 per cent as manufacturing slumped on low domestic consumption.

IMF chief Gopinath roots for labour reforms, bank cleanups to revive growth

Responding to a question, Gopinath said India's medium-term vision to reach a USD 5-trillion economy which focuses on boosting investment is appropriate.

Ongoing unrest over Citizenship Act won't derail our economic agenda: FM

'There's no undermining of India's unity and its economy is important', said the finance minister

Why 2020 is an important year

It will be the year to convince global investors about India's long-term bull case

See Brent oil prices near $60 per barrel by 2020-end: Paul Hickin of Platts

S&P Global Platts sees India's oil demand growing by 170,000 b/d next year as economic growth is expected to pick up, says Hickin

Prolonged economic slowdown to hurt retail loan quality: Moody's

Financial stress among rural households and sluggish job creation are among the key drivers of the slowdown

Top headlines: Das clarifies on repo rate; wholesale inflation rises in Nov

From Moody's comment on weak household consumption in India to Modi's comment on Citizenship Act protests, Business Standard brings you the top headlines of the day