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"We have lowered our 2019 gross domestic product (GDP) growth forecast for India to 5.6 per cent, which is lower than 7.4 per cent growth in 2018," Moody's said in a report.
Moody's cuts India's GDP growth forecast to 5.6 pc for 2019
13 Dec 2019 1:51 PM

Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.

China’s trading partners and investors are closely watching the health of the world’s second-largest economy as the trade war with the United States fuels fears about a global recession.
China’s GDP growth rate at 30-year low
19 Oct 2019 2:23 AM

Asian stocks stumbled after the data, reversing gains made on the UK and European Union striking a long-awaited Brexit deal.

Reserve Bank of India's Monetary Policy Committee decided to cut benchmark lending repo rate by 0.25 per cent to 5.15 per cent in a bi-monthly meeting in Mumbai on Friday.
RBI cuts repo rate by 0.25 per cent to support growth
04 Oct 2019 12:10 PM

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

Crude oil benchmark, Brent crude futures, surged by almost 20 per cent to USD 71.95 per barrel (intra-day) on Monday after twin drone attacks on Saturday wiped out more than half of Saudi Arabia's crude supply.
Emerging economies like India more vulnerable to big oil price moves: Report
17 Sep 2019 3:01 PM

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities. (Photo: File | ANI)
MSMEs to get pending GST refunds within 30 days: FM
23 Aug 2019 8:28 PM

In future, all GST refunds of MSMEs will be paid within 60 days from the date of application, said FM Nirmala Sitharaman.

The thin ray of hope is that the second half should find support from expected monetary easing, consumption, and statistical low-base effect, experts at Crisil felt.
Crisil cuts GDP to 6.9 per cent
02 Aug 2019 2:09 AM

India’s GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda, IHS Markit said in a note on election verdict.
PM Modi's big win signals strong Indian GDP growth will continue
23 May 2019 8:18 PM

The key economic challenge now is to continue reforms, brokerages and economists said on Thursday.

Veteran industrialist and Godrej Group Chairman Adi Godrej said the new government is expected to take steps to ensure that India's gross domestic product (GDP) growth improves.
Stable govt to boost economic growth, foreign fund flow: India Inc
23 May 2019 12:35 PM

Riding on a massive Narendra Modi wave sweeping through most parts of India, the BJP seems set to return to power

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