Page 23 - India Gdp Growth

India impacted by global recession, will emerge from it, says Rajnath Singh

India's GDP growth slowed for the sixth consecutive quarter in the July-September quarter to 4.5 per cent as manufacturing slumped on low domestic consumption.

IMF chief Gopinath roots for labour reforms, bank cleanups to revive growth

Responding to a question, Gopinath said India's medium-term vision to reach a USD 5-trillion economy which focuses on boosting investment is appropriate.

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

Modi govt risks losing focus on economy as protests build: Analysts

The government was forced to call in the army to quell protests in some parts of the country this week against the Citizenship Amendment Act.

FM Sitharaman press conference HIGHLIGHTS: Govt says reforms showing impact

CEA Krishnamurthy Subramanian said reform measures included corporate tax cuts to improve risk-return of companies

DBS sees slow recovery for Indian economy, cuts GDP growth forecast to 5%

Weak growth has impacted revenue growth, compounding worries over an already weaker run-rate for tax revenues: DBS report.

Govt exploring new method for calculating GDP with changing weights

The weights assigned to various products and activities will keep updating but the base year will remain the same

Revival hopes help markets continue their winning run, absorb GDP shocker

While the GDP data is released with a two-month lag, markets always try to factor in future expectations

Raghuram Rajan urges scrutiny of NBFCs lending to stressed realty sector

The Reserve Bank of India should carry out an asset quality review of the non-bank finance companies, Rajan said.

Income tax rate cut among steps govt working on to revive growth: FM

Assuring that there will be no harassment of taxpayers, Sitharaman said the intent of the government is to further simplify taxation systems including removal of exemption.

Dream targets: Modi govt needs to show greater purpose to meet macro goals

Targets like $5-trn GDP and 100% export growth by 2025, besides doubling of farm income and increasing the share of manufacturing in GDP to 25% by 2022, might prove a tall order, writes T N Ninan

God save India's economy: Ex-FM Chidambaram on BJP MP's GDP remark

Dubey had said that the Gross Domestic Product (GDP) has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'.

India's growth to remain muted, likely to stay longer than expected: Report

India's economic growth is expected to remain subdued in near future as the slowdown has deepened and is likely to remain extended for a longer duration than previously anticipated, says a report. According to a Dun & Bradstreet report, a pick-up in the industrial production will only be gradual as investment remains subdued. Moreover, rural sector demand is likely to remain affected by the recent floods and lower agricultural output. Besides, most of the sectors from auto to real estate are under stress and this is reflected in the profit margins of the corporate and revenue collections of the government. "The conundrum of soaring domestic stock market indices in India, slowing growth, rising inflation, and elevated unemployment presents a complex challenge for policymakers to address. The slowdown has deepened and is now expected to remain extended than previously anticipated," said Arun Singh, Chief Economist Dun & Bradstreet India. He further said that to address the ...

Crisil slashes India's FY20 growth to 5.1% over slump across sectors

Growth in the second half of 2019-20 will go up to 5.5 per cent, up from the 4.75 per cent in the first half, the agency said

Indian economy crying for reforms. Will Modi reinvent himself and deliver?

Mismanagement at home and increasing protectionism abroad have ensured that India has dropped out of that group of fast-growing emerging economies

Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued

Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued compared to earlier this year and the survey history, the study said.

India's deepening economic slowdown opens the door for more rate cuts

The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013

Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram

India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday

With growth this bad, India will need more than rate cuts to help economy

The five reductions Shaktikanta Das's overseen haven't given the economy back its groove.

As news goes from bad to worse, Modi govt scrambles to revive the economy

Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.