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Economy
For the last few quarters the cycle of growth has not been as it was earlier, Chief Economic Adviser KV Subramanian said at an event in New Delhi and added that "corporate tax rate is important for investments". (Photo: File)
Cut in corporate tax rate important for investments: CEA Subramanian
29 Nov 2019 12:10 PM

India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.

This is the third quarter since the growth rate has fallen in the country. If this is not recession, then what is it? The government must bring a white paper on the status of Indian economy, tweeted CPI(M) general secretary Sitaram Yechury.
Govt must bring white paper on status of Indian economy: Yechury
27 Nov 2019 12:40 PM

Indian economy may have slowed for the sixth consecutive quarter in July-September to 4.7 per cent, India Ratings report said.

India Ratings and Research has revised its GDP growth forecast for FY20 to 5.6 per cent. This is the fourth revision and has come in after the agency had revised its FY20 GDP growth forecast only a month ago to 6.1 per cent, the rating agency said in a statement.
India GDP growth in Q2 at 4.7 pc; FY20 forecast at 5.6 pc: Report
26 Nov 2019 3:55 PM

The Indian economy expanded 5 per cent in April-June, its slowest annual pace since 2013.

Finance Commission Chairman N K Singh.
Current economic slowdown episodic, says N K Singh
15 Nov 2019 5:02 PM

India's economic growth hit a six-year low of 5 per cent in the first quarter of the current fiscal.

Investment activity was muted well before that, but the economy was buoyed by strong consumption demand.
Moody's cuts India's GDP growth forecast to 5.6 pc for 2019
14 Nov 2019 1:07 PM

India's economic growth has decelerated since mid-2018, with real GDP growth slipping from nearly 8 per cent to 5 per cent.

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis.
Jobs at risk as China’s services sector feels heat of trade war
14 Nov 2019 10:08 AM

The government has raised this year’s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

Prime Minister Narendra Modi.
PM Modi says wants to make India a USD 5 trillion economy by 2024
14 Nov 2019 9:33 AM

BRICS targets for investment and trade must be more ambitious and that he welcomes suggestions to further reduce trade costs, says PM.

The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.
FinMin says fundamental of Indian eco robust, reforms to stimulate investments
08 Nov 2019 10:26 AM

Government of India has also proactively taken policy decisions in response to the global slowdown.

It affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings for India.
Moody's changes its outlook on India rating to negative citing lower economic growth
08 Nov 2019 8:56 AM

A credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched slowdown.

Finance Minister Nirmala Sitharaman. (Photo: ANI)
Nirmala Sitharaman reviews state of economy at FSDC meeting
07 Nov 2019 1:56 PM

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.

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