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Economy
Following the weak GDP outturn for the September quarter, Indian real GDP growth in FY 2019-20 is expected to be slightly below 5 per cent, as it is anticipated that the impact of stimulus measures will take time to filter through to the real economy, IHS said.
India's real GDP growth in FY20 to come below 5 per cent: Report
08 Dec 2019 12:51 PM

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

Finance Minister Nirmala Sitharaman. (Photo: ANI)
Govt working on more measures to boost economy: Sitharaman
07 Dec 2019 1:20 PM

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

The gross domestic product numbers released on Friday showed government spending helping to prop up weak demand.
RBI may go for sixth repo rate cut to boost economy
03 Dec 2019 2:08 PM

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

Finance Minister Nirmala Sitharaman invited Swedish firms to invest in infrastructure development projects. (Photo: File)
Government open to further reforms: FM Nirmala Sitharaman
03 Dec 2019 12:36 PM

Govt is committed for further reforms in sectors such as banking, mining, insurance among others said FM Sitharaman.

This is the 28th consecutive month that the manufacturing PMI has remained above the 50-point mark.
India's mfg sector activity growth inches up in Nov; but remains subdued
02 Dec 2019 11:12 AM

GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.

A set of officers are looking into the pipeline of projects that can be readied so that once the fund is ready, it could be front-loaded on these projects, Finance Minister Nirmala Sitharaman said at a business summit in Mumbai. (Photo: File)
Centre to invest Rs 100 lakh crore in new infra projects to boost economy
01 Dec 2019 3:33 PM

PM Narendra Modi has taken various measures since 2014 to boost economic growth, including cutting the corporate tax.

The fiscal deficit figure in monthly accounts during a financial year is not necessarily an indicator of fiscal deficit for the year, as per the CGA.
Fiscal deficit hits 102 per cent of Budget estimate till Oct
29 Nov 2019 7:41 PM

The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.

The previous low was recorded at 4.3 per cent in the January-March period of 2012-13.
India's GDP growth further dips to 4.5 pc in July-Sept
29 Nov 2019 6:08 PM

The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.

The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
Core sector output shrinks 5.8 per cent in October
29 Nov 2019 5:33 PM

Output of eight core infrastructure industries had contracted by 5.1 per cent in September, the lowest in the decade.

The unemployment rate in October rose to 8.5 per cent, its highest since August 2016.
India's economy seen growing at 4.7 per cent in September quarter
29 Nov 2019 12:57 PM

PM Modi’s govt has taken several steps, including cutting corporate tax in Sept, to boost investments and bolster economic growth.

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