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Page 47 - Economic Slowdown

From consumption to jobs: India's economic trouble explained in 6 charts

In nominal terms, India's gross domestic product (GDP) grew by 7.99 per cent, lowest since December 2002

From consumption to jobs: India's economic trouble explained in 6 charts
Updated On : 01 Sep 2019 | 11:55 PM IST

Economic slowdown: Govt is curing problem from wrong side, says Pronab Sen

The economy needs to grow by 12 per cent at current prices in dollar terms to make India a $5 trillion economy, says Sen

Economic slowdown: Govt is curing problem from wrong side, says Pronab Sen
Updated On : 01 Sep 2019 | 10:02 PM IST

Goldman Sachs joins predictions of deeper India rate cuts as slowdown drags

Goldman slashed its growth forecast to 6 per cent for the current fiscal year to March from 6.9 per cent earlier.

Goldman Sachs joins predictions of deeper India rate cuts as slowdown drags
Updated On : 31 Aug 2019 | 12:47 PM IST

5 per cent GDP growth: Proximate, underlying and theoretical reasons

The ship of the Indian economy is sinking because it is taking water from a hundred holes in its keel. These will take a long time to be fixed

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Updated On : 31 Aug 2019 | 11:32 AM IST

Nomura cuts 2020 India growth forecast to 6.9%; pegs global growth at 3.3%

Nomura expects a gradual growth recovery to set in in the latter part of 2020, as Asian economies benefit from ongoing policy easing and a potential capex recovery in the tech sector

Nomura cuts 2020 India growth forecast to 6.9%; pegs global growth at 3.3%
Updated On : 31 Aug 2019 | 12:03 AM IST

GDP data confirms demand slowdown; consumption expenditure at 17-qtr low

Consumption expenditure, reflecting demand, grew only 3.14% in Q1FY20

GDP data confirms demand slowdown; consumption expenditure at 17-qtr low
Updated On : 30 Aug 2019 | 11:46 PM IST

Indian economic slowdown drags: Experts say only big bang reforms will help

Data due Friday is expected to show gross domestic product growth slowed for a fifth straight quarter to 5.7 per cent in the three months ended June

Indian economic slowdown drags: Experts say only big bang reforms will help
Updated On : 30 Aug 2019 | 8:46 AM IST

Govt will soon announce 2 more big steps to push consumption: FM Sitharaman

The minister, however, did not elaborate on the two steps to be taken by the government

Govt will soon announce 2 more big steps to push consumption: FM Sitharaman
Updated On : 30 Aug 2019 | 1:48 AM IST

India's macroeconomic fundamentals are strong, growth fastest: Amit Shah

Shah's positive assessment of Asia's third largest economy came amid talks of a slowdown in economic activity

India's macroeconomic fundamentals are strong, growth fastest: Amit Shah
Updated On : 30 Aug 2019 | 1:47 AM IST

Stocks can't keep defying slowdown as govt steps fail to convince investors

Analysts say the government's booster dose might not be enough to spur demand in the near term, meaning India's economic woes will continue to weigh on shares and the rupee

Stocks can't keep defying slowdown as govt steps fail to convince investors
Updated On : 29 Aug 2019 | 10:28 AM IST

Tata Steel leans on branded products to tide over auto sector blues

Company logs 20% higher sales in branded products and retail, 23% in industrial products and projects

Tata Steel leans on branded products to tide over auto sector blues
Updated On : 28 Aug 2019 | 10:20 PM IST

Indian economy in transition, slowdown won't stay forever: Vedanta

The remarks come at a time when IMF and Asian Development Bank (ADB) have lowered India's growth forecast, citing global and domestic headwinds

Indian economy in transition, slowdown won't stay forever: Vedanta
Updated On : 28 Aug 2019 | 3:45 PM IST

Rally in bond markets lasted just hours after analysts decoded RBI bonanza

Yields on the benchmark 10-year note ended five basis points higher at 6.53% on Tuesday

Rally in bond markets lasted just hours after analysts decoded RBI bonanza
Updated On : 28 Aug 2019 | 2:59 PM IST

As animal spirits sag, FM's announcements may fall short of spurring growth

As India's investment and consumption activity worsened in July, the measures announced by the FM to revive the economy will boost market sentiment but are unlikely to propel growth

As animal spirits sag, FM's announcements may fall short of spurring growth
Updated On : 28 Aug 2019 | 8:09 AM IST

Analysts rule out big-bang stimulus spend by govt despite RBI windfall

Analysts say lacklustre tax collections and weak growth which is threatening the fiscal deficit target of 3.3 per cent of GDP are some of the reasons that will limit the government's spending power

Analysts rule out big-bang stimulus spend by govt despite RBI windfall
Updated On : 28 Aug 2019 | 2:45 AM IST

Goldman Sachs sees more pain in store for the Indian economy

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.

Goldman Sachs sees more pain in store for the Indian economy
Updated On : 27 Aug 2019 | 9:23 PM IST

RBI's bonanza to give govt ammunition to fight slowdown, boost capex

This comes at a time when the economic growth rate has slumped to a five-year low after accelerating in the first few years of Modi 1.0 regime

RBI's bonanza to give govt ammunition to fight slowdown, boost capex
Updated On : 27 Aug 2019 | 3:04 PM IST

RBI's bonanza is an umbrella to a govt that denied existence of clouds

The central bank is coming to its rescue, and without running any immediate risk of exposure to its own credibility

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Updated On : 27 Aug 2019 | 2:14 PM IST

Letter to BS: Govt deserves compliments for stimulus to arrest slowdown

The govt responded quickly to withdraw the enhanced surcharge levied on income of FPIs on short- and long-term gains on equity

Letter to BS: Govt deserves compliments for stimulus to arrest slowdown
Updated On : 26 Aug 2019 | 9:43 PM IST

Deepening manufacturing slump puts Germany on the brink of recession

Economic momentum has stalled for the past year, and there are few signs the situation will improve any time soon

Deepening manufacturing slump puts Germany on the brink of recession
Updated On : 26 Aug 2019 | 2:24 PM IST