GDP growth was registered at 5.6 per cent in the corresponding quarter of 2018-19, as per data released by the NSO
Unless key issues are addressed, even if growth bounces back from the sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6%, writes T N Ninan
The MPC may well undertake a final rate cut in FY2021
FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy
GDP data due to be released on Friday will cover up to the end of last year, before the epidemic had sparked fears of a pandemic
PHDCCI President D K Aggarwal said disruptions in the global supply chains will not only hit China's exports but also the exports of the importing countries
He noted that since about 2003, India has been growing at an average rate of about 7% and the first five years of the Modi government was characterised by 7.5% growth on an average
The NSO as well as the RBI has projected the GDP growth rate at 5 per cent for the current fiscal
A local buffalo race holds lessons for growth - internal strength may be more important than external support
Writers examine how to reform GST, the corporate sector's apolitical stance, Sebi's new rules for investment advisors and the draft pesticides Bill
Vehicle sales have been hampered by weak consumer sentiment and still-weak availability of financing following tighter liquidity at non-banking lenders since the middle of 2018
Irrespective of which among the two is more extravagant, it is the country's GDP growth and its rating that take a beating
"How long can you blame the previous managers?" asked Chidambaram in his speech
Says fiscal position weak, but sees strong growth prospects over 2-3 years
What is unusual about the current period of slow growth is that it has come without an exogenous driver, unlike all previous periods of slowdown, going back 50 years, writes T N Ninan
At 5 per cent, GDP growth in the current year would be an 11-year low. Worse, this will also mark a deceleration for a third straight year, writes A K Bhattacharya
Companies which stand to gain the most are rural focused players, gas utilities, building material makers and logistics firms.
The marginal increase in defence outlay is disappointing considering the need to maintain a lean and mean army in a state of perpetual readiness.
It was widely expected that the Budget would be dynamic and lead to demand and investment revival
How a potential fiscal deficit of 4.65% of GDP was brought down in the 2019-20 revised estimates