Page 20 - India Gdp

Cut in corporate tax rate important for investments: CEA Subramanian

The government has undertaken a number of measures to arrest the growth slowdown. In September, it announced a cut in the corporate tax rate to 22 per cent from 30 per cent.

National Clean Air Programme: Tharoor suggests framework to fight pollution

Tharoor asserted that there is a need to work together in a collaborative spirit to deal with this perennial issue.

Why economists watered down India's July-Sept growth estimate to 4.2-4.7%

State Bank of India (SBI) joins global agencies such as the ADB, World Bank, OECD, RBI and the IMF in downgrading India's FY20 growth rates

Moody's outlook downgrade for India: A wake up call, but not justified

Moody's has not considered the fact that the government has been addressing various issues to help the economy.

Why experts feel Moody's outlook downgrade for India is unjustified

Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well

Moody's sees credit crunch to prolong in India, pain for households

Ratings company cuts India's outlook to negative, says fewer jobs will be created.

Govt committed to following fiscal deficit glide path, says DEA secretary

Concerns have been raised by different agencies about the ability of the government to meet the fiscal deficit target

Moody's slashes India's GDP growth forecast for fiscal 2020 to 5.8%

Moody's attributed the deceleration to an investment-led slowdown that has broadened into consumption, driven by financial stress among rural households and weak job creation

ADB paints gloomy picture; cuts India FY20 GDP growth forecast to 6.5%

Abrupt declines in manufacturing and investment reflect uncertainty ahead of general elections, subdued lending by banks and other financial institutions, ADB said.

Top 10 biz headlines: FY20 growth forecast cut, govt's big EV push & more

From economists cutting their projection of the GDP expansion for 2019-20 to the govt considering more sops and benefits to push electric mobility, here are the top business headlines for Wednesday

Economists paint a grim picture, lower India's FY20 GDP growth forecast

Earlier, their predictions were close to 6.8%, which was recorded in 2018-19

States to be key drivers of growth for making India $5 trn economy: NITI

Kant said states have to work together and learn from each other to radically transform India

100 days of Modi 2.0: Glut of bad news on economy belies reform hopes

Days after the new Modi government was sworn-in, the benchmark indices climbed to all-time highs

Manufacturing growth in August falls to 15-month low, sales slow down

PMI survey says competitive pressures and challenging market conditions restricting growth.

DBS lowers India's FY20 GDP growth to 6.2%; expects another rate cut in Dec

Real GDP slowed to 5% year-on-year in 2Q (first quarter of FY20) from the first quarter's 5.8%, below DBS' sub-consensus and market expectations

Govt addressing issues sectorally, more action soon: FM Nirmala Sitharaman

Government has made two major announcements to revive the economy after consulting business leaders and such dialogue will continue, says finance minister Nirmala Sitharaman.

GST collection falls below Rs 1 trillion in August: Govt data

Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion

GDP shocker: At 5%, Indian economy grows slowest in over six years

Nominal growth at sub-8%, lowest in 17 years

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

The deficit stood at 8.8 per cent of gross domestic product (GDP) in the first quarter of FY20 (Q1FY20)

Manufacturing growth dips to 0.6% over slackening demand, global headwinds

A persisting liquidity crisis in the MSME added to the manufacturing sector's woes