Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies
The September quarter GDP grew at 4.5 per cent in real terms
Nirmala Sitharaman's comments, as cited in local newspapers, followed data released on Friday that showed India's economic growth slowed to 4.5 per cent in the July-September quarter
The GDP figure is an outcome of several months of downbeat figures -- from weak consumer demand and private investment to shrinking factory output and an export slump
The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013
It is a reflection of the changed circumstances in India over the last 25 years that we are not accepting a growth rate of 5 per cent
India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday
It wasn't too long ago that economic aspirations for India echoed China's. Now this young country of 1.4 billion people is looking more like Indonesia, Malaysia or the Philippines
It was govt spending that held up growth in the quarter, while growth in private final consumption expenditure, a proxy of demand, also improved
Private consumer spending grew by 5 per cent year-on-year, improving slightly from the previous quarter
Here's a selection of opinion pieces from today's Business Standard
The former PM said many industrialists have told him that they live in fear of harassment by government authorities
There is pressure on policy makers for further fiscal and monetary support to the economy. However, focusing primarily on these would be a mistake on several counts
For the 'electricity, gas, water supply and other utility services' sector, GVA grew by 3.6 per cent against 8.7 per cent
A crisis is when a govt can expect people to make sacrifices for the larger good. The danger of doing nothing is that growth of 6% or less becomes the norm, not the unacceptable, writes T N Ninan
CEA K V Subramanian and DEA Secy Chakraborty both said economy will pick up in Q3 and that fundamentals of the economy remain very strong
Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come
Economists said the latest figures portend a deepening of the ongoing industrial slowdown
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown