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

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog CEO.

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

Manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact on sales.

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.

Growth in the region was 5.9 per cent in 2018.

We need to think what kind of innovation we need to undertake to attain a high growth, said Niti Aayog CEO Amitabh Kant.

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.