Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

Our economy is like any other economy in the world... challenges have grown (in recent times), said Minister Piyush Goyal.

Asia’s third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the April-June quarter.

Manufacturing sector contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August 2019.

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

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.

He asserted that monetary and fiscal policies can 'stabilise' the global economy but structural policies need to be brought in.

The WEF would further give government ideas in order to get moving forward.