PMI survey says competitive pressures and challenging market conditions restricting growth.
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
Government has made two major announcements to revive the economy after consulting business leaders and such dialogue will continue, says finance minister Nirmala Sitharaman.
Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion
Nominal growth at sub-8%, lowest in 17 years
The deficit stood at 8.8 per cent of gross domestic product (GDP) in the first quarter of FY20 (Q1FY20)
A persisting liquidity crisis in the MSME added to the manufacturing sector's woes
The investment rate is expected to go up in the second half
The cut in growth rates for India was sharper for both the years than the other seven economies
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
Lately, India's banking system has been beset by a bad debt crisis, which is crimping credit to productive sectors, dampening domestic investment and leading to subdued employment and GDP growth
From a probe at CG Power finding fraudulent related-party transactions to the IL&FS board seeking NCLT approval to sell 7 wind assets to Orix Corp, here are the top business headlines for Wednesday
A latest report by KPMG and industry body NAREDCO has projected the sector to grow to equal 15% of India's gross domestic product by 2030 from the current 7%
To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened
The focus has to be as much on keeping the risk premium in check as on controlling the levels of the risk-free rate
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
Data given in the Budget is 100% above board, Sitharaman said
The former CEA said that India had sustained high growth rate after 2011
Will Modi 2.0 prove to be an exception after having achieved such a decisive mandate?
The revised fiscal glide path, as per the Survey released on Thursday, envisages achieving fiscal deficit of 3 per cent of GDP by FY 2020-21