Page 23 - India Economy

S&P retains India's rating at 'BBB-', says fiscal position precarious

Fiscal deficits have exceeded the government's plan, S&P said, adding it expect limited consolidation over the next few years

Best of BS Opinion: AAP govt schemes, India's household savings, and more

Here's a selection of Business Standard Opinion pieces for the day.

Let's work together to make India a $5 trillion economy: PM Modi

In Lok Sabha, PM Modi also exhorted all the members to give suggestions on ways to take advantage of opportunities thrown up by the current global economic situation.

Budget meets slowdown: Govt's challenge on Feb 1 is to revive demand

What the Budget does to revive demand will determine if the economy can shrug off slowdown and regain momentum.

Budget 2020: IT sector for wider use of artificial intelligence in economy

AI is expected to have a huge impact not only in commerce, but also in health, national security, cybersecurity, food security, education and global warming

Why is there no peace dividend on the Indian subcontinent?

India has got its political arrangements right but not its economic ones to earn dividends for avoiding wars.

Need to focus on reducing inequality, IMF cites risks to global economy

Georgieva, who served as the World Bank's chief executive officer before moving to the IMF in October, has made reversing inequalities one of her top priorities

A wish list for agriculture

What should the government do?

Let's stop making cash the villain

A New Year resolution for our policy-makers

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year

Modi says India will emerge stronger from slowdown, urges investments

India, once the poster child of economic growth in the developing world, grew at the slowest pace in six years during the July-September quarter.

Decade in review: How state-owned banks rose to the occasion amid crisis

At the start of the decade, the government was busy infusing stimulus packages to revive various sectors affected by the global credit crisis

Nirmala Sitharaman press meet highlights: FM meets state-owned banks

India's economic growth fell to an over six-year low of 4.5 per cent in the September quarter

Easier said than done, but govt has to balance three sectors of economy

The most important policy issue today is how the government can stop spending taxpayers money on labour and financial markets so that the real or production sector can pick up.

India needs to shift its economic model

Well beyond Modinomics or Modipolitics, India seems to be facing a structural challenge of its economic model whose evidences can be seen every day on the ground in the countryside

IMF retains India's FY20 GDP growth rate forecast at 6.1%

IMF's projection is much higher than those by most agencies. RBI's latest projection pegged growth at 5 per cent, Standard & Poor's at 5.1 per cent, Moody's at 4.9 per cent and Fitch' at 4.6 per cent.

India should avoid fiscal stimulus and reduce public debt, IMF says

Government needs a credible consolidation path to rein in debt, including reducing subsidies and boosting the tax base, says IMF.

Infra to banks: What will it take to fix Indian finance after the crisis

Can India in the 2020s try to reinvent its finance-construction model so that it works for everyone and not just for a few thousand financiers in Mumbai?

Fitch lowers India GDP growth to 4.6%, says business confidence weakening

Growth will gradually recover to 5.6 per cent in FY21 and 6.5 per cent in the following year, predicts Fitch.

Bengal to Rajasthan: It's crunch time for states' finances as economy slows

Outstanding debt of states has risen over the last five years to 25% of GDP, posing medium-term challenges to its sustainability.