Page 41 - Economic Slowdown

Growth will improve by January but no 'runaway boom': Aditya Puri

While the crisis with the shadow banks is over, there may be a few companies, especially with exposure to the realty space, that may face problems in the future, Puri told in an interview

Slowdown woes: Trade credit insurance claims rise 38%, premiums jump 14%

The insurers feel that various initiatives taken by the government such as recapitalisation of PSBs and their mergers will boost the liquidity situation in the market

Zinc looks to make inroads into solar, fertilizer segment for consumption

Zinc coated (galvanized) steel is the most effective and inexpensive way to protect steel from the corrosive effects of weather, temperature and oxygen

Why ration out rate cuts when slowdown is so sharp?

The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data

Slowdown blues: Low demand in economy shrinks loan book of India Inc

Outstanding loans to commercial sector fell Rs 65K cr; in H1FY19, it grew Rs 1.73 trn

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September

Consumer sentiment to remain subdued; banks may re-rate: Vinay Paharia

While previous concerns such as domestic as well as global economic slowdown continue to remain, valuations have become attractive due to the improvement in the underlying fair value.

There is no economic slowdown in Punjab, says CM Amarinder Singh

Punjab is unaffected by the crisis, because for some reason people are looking at us and money is coming into the system

Favourable conditions exist to achieve $5 trn economy target: DPIIT Secy

The government has worked towards ease of doing business over the past five years, DPIIT Secretary Guruprasad Mohapatra said

Value of downgraded debt trebles to Rs 1.38 trn in H1 of FY20: Crisil

Jewellery, garments, construction bear brunt of downgrades as slowdown, sharp fall in consumption demand, slower govt spending weigh

Current slowdown an opportunity to grow our books: HDFC Bank MD Puri

The bank had reported a 1.40 per cent gross non- performing assets ratio in June quarter

Real GDP growth likely to be 5.2% this fiscal amid slowdown blues: Report

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June

Why the festival season may not bring much cheer despite tax cuts by govt

Car sales in August fell the most on record and Maruti Suzuki India Ltd

Steel industry seeks booster for demand revival amid economic slowdown

Against this backdrop, says the industry, the corporate tax cut announced by the central government is not going to change much for now

Stimulating rural demand

Farm reform focus should shift to income generation

Delivery services remain bullish on festive season, eye 8% growth

Mumbai, 25 SeptemberAmid the economic slowdown where most sectors are not expecting strong growth this festive season, the express industry (a term for those offering integrated shipment delivery services) has a slightly different story to tell.Demand is not as high as last year but the those in the sector expect reasonable growth this season. "While we remain cautious and are still assessing the impact of slowdown, it will not be a downturn but lower growth than last year," said Abhishek Chakraborty, executive director at DTDC. "If average demand growth rate was 40-45 per cent last year, it would be 15-20 per cent this year. I will be positively surprised if it goes beyond 20 per cent demand growth."Chakraborty said the mood in middle and lower income groups was pensive, since job security in several sectors is low. "But, it does not take away the fact that people will spend during this season, as it is also more to do about the culture and religious aspect."Sector entities believe ..

Turning disruption into growth

Concerted actions across all stakeholders could create a unified push for a thriving automotive industry

Slowdown hits Durga Puja budget, sponsorships for large pandals down 20-50%

Smaller clubs forced to curtail budgets, scale down celebrations

Why India badly needs an export boost to reverse its economic slump

Almost all the talk at present is about import substitution and raising tariffs, but a fundamental reason for India's recent slowdown has been its failure to generate export momentum, writes T N Ninan

Slowdown is real, economy to start recovering from late FY20: Report

The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the government to boost growth, says a report. According to D&B Economy Observer report, a pick-up in the industrial production will only be gradual and an uptick is expected to be visible during the festive months of September and October 2019. "The slowdown is real and there is need' to be cautious, but it is too early' to press the panic button," Arun Singh, Chief Economist, Dun & Bradstreet India said, adding that the magnitude of slowdown is not as deep as was witnessed during the global financial crisis in 2009 and the debt crisis in 2012. Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown. He further noted that the loss of momentum in investment demand is "worrying". Besides, low business optimism, low returns on investment .