Page 32 - Economic Slowdown
Mamata Banerjee attacks Centre over GDP, jobs and state of the economy
West Bengal CM also tears into Modi govt on rising NPAs and the Citizenship Bill, which she says will divide the people along communal lines
 "Mamata Banerjee attacks Centre over GDP, jobs and state of the economy")
RBI among 26 global central banks that have been on a rate cutting spree
With the RBI's rate-setting meeting over, the attention now turns to the US Federal Reserve's (US Fed's) two-day policy meet that begins on December 11
 "RBI among 26 global central banks that have been on a rate cutting spree")
To revive economic growth, Nirmala Sitharaman should sidestep this trap
The key to boosting growth lies in boosting investments, not consumption
 "To revive economic growth, Nirmala Sitharaman should sidestep this trap")
Economic slowdown a man-made catastrophe, govt to blame: P Chidambaram
Government has turned out to be an incompetent manager of the Indian economy, P Chidambaram said
 "Economic slowdown a man-made catastrophe, govt to blame: P Chidambaram")
Slowdown effect? As capital goods orders dry up, Pune's MSMEs falter
The third part of the series looks at how MSMEs that cater to capital goods makers are reeling from stress
 "Slowdown effect? As capital goods orders dry up, Pune's MSMEs falter")
India will make up 15% of our turnover in 5 years: Tonino Lamborghini CEO
No longer associated with the iconic car, Ferrucio Lamborghini and family are focussing on lifestyle products instead. But he still has one foot in auto and has set up a JV to make electric golf carts
 "India will make up 15% of our turnover in 5 years: Tonino Lamborghini CEO")
Statistical optimism: Structural issues, base quirks, and Indian economy
It may be hard to square data with the revival being forecast, but economic soothsayers may well be right when they predict 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4, T N Ninan explains why
Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM
Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.
 "Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM")
Tharoor slams govt over economy, expresses concern over fiscal slippage
Participating in the debate on Supplementary Demands for Grants, Congress MP Shashi Tharoor said that the manufacturing growth has come down to average of 3 per cent in the last five years
 "Tharoor slams govt over economy, expresses concern over fiscal slippage")
Ashok Leyland announces non-working days for December as demand falls
The city-based commercial vehicle maker has been adjusting production at its facilities over the last few months following the automobile slowdown
 "Ashok Leyland announces non-working days for December as demand falls")
Senco Gold looks to buck slowdown, to launch 100 new stores in 3-5 years
Currently, the Kolkata-based company has a network of 105 outlets
 "Senco Gold looks to buck slowdown, to launch 100 new stores in 3-5 years")
Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth
Transmission of rate cuts by banks has been slow because any lowering of interest rate, with deposit rates unchanged, will reduce banks' net interest income spread, affecting their revenue
 "Explained: Why RBI's repo rate cuts are not enough to bolster GDP growth")
Budget 2020: Finance ministry seeks suggestions on direct, indirect taxes
The move is estimated to result in Rs 1.45 trillion in revenue loss for the government during 2019-20
 "Budget 2020: Finance ministry seeks suggestions on direct, indirect taxes")
How Noida's construction activity slowdown has flattened local economy
The IIP for construction goods contracted 6.4% in September, fastest since 2012
 "How Noida's construction activity slowdown has flattened local economy")
HDFC Bank sees signs of rural revival as wider economy remains sluggish
For HDFC Bank, the weaker economy had led to a slowdown in loan growth, which eased to 15 per cent in the September quarter from 23 per cent a year earlier
 "HDFC Bank sees signs of rural revival as wider economy remains sluggish")
India's yield curve sees steepest rise in nine years, set to go up further
The yield spread between the most-traded 10-year notes to two-year debt is at its highest since 2010 on concerns the government will expand record bond sales
 "India's yield curve sees steepest rise in nine years, set to go up further")
Slowdown blues: Steel industry reels from poor demand, wafer-thin margins
Steel output has contracted for two consecutive months, after at least four years of continuous expansion.
 "Slowdown blues: Steel industry reels from poor demand, wafer-thin margins")
God save us from New India's novice economists: Congress' dig at BJP MP
BJP MP Nishikant Dubey said the Gross Domestic Product (GDP) has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'
 "God save us from New India's novice economists: Congress' dig at BJP MP")
GDP has no relevance, should not be treated as gospel truth: BJP MP
The debate in the Lower House mostly hovered around the GDP slipping to an over-six-year-low of 4.5 per cent in the July-September quarter
 "GDP has no relevance, should not be treated as gospel truth: BJP MP")
Textiles to pharma: India's deepening slowdown explained in six charts
What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.
 "Textiles to pharma: India's deepening slowdown explained in six charts")
