Page 28 - Gdp Growth

ANZ Banking Group slashes India's GDP growth forecast to 6.2% in 2019-20

The forecasts all badly lag the government's longer-term target of getting the economy humming at rates above 8%

Bajaj father-son duo hits out at govt on slowdown, EV policy flip-flop

The domestic auto industry is facing one of the worst slowdowns, with sales across segments declining sharply month after month for a year

CRISIL scales down India's GDP growth estimate to 6.9% for FY20

Policy more attuned to consumption than investment, it said

PM Modi should work like CM Modi to revive economy's growth: A M Naik

Industry doyen AM Naik went public with concerns over the economy, saying we should feel "lucky" even if GDP clips at 6.5 percent, and recommended faster project clearances like the one in Gujarat when prime minister Narendra Modi was the chief minister, as a solution. The Padma Vibhushan awardee also said the "situation is challenging" on data credibility, saying one has to use her own judgement while believing in the official numbers. "Growth is going to be not more than 6.5 percent this year. My feeling is that though they (government) claim it is 7 percent plus, if we can maintain 6.5 percent, we will be lucky," Naik, the non-executive chairman of the engineering giant L&T told reporters on the sidelines of AGM Thursday. The comments come at a time when economy slipped to a five-year low of 5.8 percent in the March quarter, and questions are being raised on the methodology of assessing the very official growth numbers by a group of economists. Naik said the ...

IMF cuts India's GDP growth rate to 7% due to subdued domestic demand

IMF says decision driven by subdued domestic demand; Country remains fastest growing large economy

India needs to promote clusters of excellence to push manufacturing exports

India needs to promote clusters of excellence

ADB cuts India's FY20 GDP growth forecast to 7% on fiscal shortfall worries

Earlier in April this year, too, the Manila-based multi-lateral funding agency had lowered India's growth forecast for FY20 to 7.2% from 7.6% estimated previously

Need to tap foreign capital to accelerate growth to 8%: CEA Subramanian

On the merger in the public sector banks, Subramanian said they are being done based on synergies, and policy is to exploit economies of scale

Every number in Budget is authentic, says Finance Minister Sitharaman

Data given in the Budget is 100% above board, Sitharaman said

Budget 2019: Where Sitharaman can find a cool $1 trn for infra investment

It's what economists call a classic "crowding out" of the private sector. India Inc. is clamoring for lower costs of capital, but the level of public debt is keeping them elevated

India's China syndrome

Instead of the average growth of 7 per cent that the official data shows in the period between 2011-12 and 2016-17, Arvind Subramanian's estimate is a meagre 4.5 per cent

Fitch cuts India's GDP growth forecast to 6.6% for 2019-20 fiscal

In the last fiscal, Indian economy grew at a 5-year low pace of 6.8%

RBI lowers FY20 growth forecast to 7% over slowdown in investment activity

In the April monetary policy, the growth of GDP for 2019-20 was projected at 7.2 per cent

$1-trn investments in each of next 5 years can spur GDP growth to 10%: CII

Around $5.74 trillion would be needed to boost GDP growth to levels that can pull up 27 crore Indians from below the poverty line, and generate 70-80 lakh jobs a year, CII president said

GDP growth in Q4 may moderate to 6.1-5.9%, RBI likely to cut rates: SBI

The RBI's larger rate cut can be effective only if transmission of the rates happens quickly

Bad loan recoveries, bank recap to boost India's GDP growth: Goldman Sachs

Analysts estimate the decline in costs will raise loan growth by 140 basis points

IMF scales down India's growth projection for current fiscal to 7.3%

India will do better than China still, says IMF

What can be done to revive growth?

Economic growth solves many problems. Can lower interest rates help reverse the slowdown?

GDP growth in Q3 slows to 6-quarter low of 6.6%

Statistics office projects economic growth in 2018-19 at slowest pace under Modi govt

GDP growth slows to 5-quarter low of 6.6% in Q3

FY19 growth estimate revised down to 7% from 7.2%