growth
However, this argument is not breaking the ground as most of the states are of the view that slowdown in these sectors is because of cyclical and structural issues and not because of GST rates, an official said. (Representional Image)
GST Council meets next Friday; tax rate cut to hinge on revenue position
13 Sep 2019 7:20 PM

The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.
India's growth likely to reach a trough in June qtr; recovery to be elongated: UBS
02 Sep 2019 2:58 PM

According to the UBS India financial conditions index, growth may have reached a trough in the June 2019 quarter.

CII President Vikram Kirloskar said the macro impact of the economic package announced can be expected to be significant. (Photo: File)
Stimulus package will boost growth and stabilise economy: CII
25 Aug 2019 4:47 PM

CII said the measures announced come at a time when the world economy is buffeted by global headwinds and trade slowdown.

The government will work closely with the exporters to identify all the issues, both domestic and overseas.
Exports growth to be in double digits this fiscal: Commerce Secretary
14 Aug 2019 4:59 PM

Growth in exports was between nine and ten per cent and the volume touched USD 331 billion.

Consumers were dis-saving and consuming more than their income, helped by increasing access to the leverage. Such growth has its own limits, said SBI MF chief investment officer Navneet Muhnot.
Consumption-driven growth causing 'serious slowdown' warns SBI MF
14 Aug 2019 9:53 AM

Personal consumption spend has outgrown household income, leading to household savings plummeting to a low 21 pc.

The industry has pressed for steps to ensure availability of credit, lower borrowing cost and simplification of some of the policies which could spur growth.
Govt likely to announce steps to remove friction points in economy to boost growth
11 Aug 2019 4:04 PM

The government has set 7 per cent growth target for the current fiscal and data points of the first quarter are in line with that direction.

There was a slowdown in the manufacturing sector, which grew at 1.2 per cent in June 2019 as compared to 6.9 per cent a year ago. (Photo: Representational | PTI)
Industrial production growth slows to 4-month low of 2 per cent in June
09 Aug 2019 7:32 PM

Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018.

The company had reported a net profit of Rs. 1,528 crore in the corresponding period a year ago. Its revenue from sale of products came in at Rs. 9,984 crore, as against Rs. 9,356 crore in the year-ago period. The net sales of the company stood at Rs 10,197 crore, up 6.04 per cent, as against Rs 9,616 crore in the corresponding period a year ago.
Slowdown limits HUL’s Q1 volume
24 Jul 2019 2:39 AM

Net profit rises nearly 15 per cent, volume up 5 per cent.

The Code on Wages bill seeks to improve the ease of doing business and attract investment for spurring growth. (Representional Image)
Cabinet approves Code on Wages bill
03 Jul 2019 7:52 PM

The Code on Wages is one of the four codes that would subsume 44 labour laws with certain amendments.

India still continues to be the fastest growing economy, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday. (Photo: File)
‘Economic growth high on agenda of govt,’ says Nirmala Sitharaman
03 Jul 2019 11:13 AM

Finance Minister said in the last quarter, there could have been a fall and steps have been taken to improve the economy.


3 of 4