India’s Economic Growth Sputters To 4.5%, Weakest In More Than Six Years
India’s second quarter GDP growth slowed sharply to 4.5 per cent, the weakest pace in more than six years as manufacturing output hit a slump
Economy
No Recession In Indian Economy: FM Sitaraman
Sitharaman on Wednesday launched a spirited defence of her handling of the economy,comparing macroeconomic indicators with past Congress rules
3 Month Long Lockdown, Communication Blackout Cripple Kashmir’s Economy
With onset of winter, a significant amount of commercial activity has disappeared. The prevailing despair has been heightened by the receding hope of an improvement in the situation in near future
Moody’s Cuts India’s Economic Growth Forecast To 5.6 Pc For 2019
Moody’s Investors Service has slashed India’s economic growth forecast to 5.6 per cent for 2019, saying government measures do not address the widespread weakness in consumption demand.
India’s Industrial Production Posts Steepest Fall In 8 Yrs
India’s factory output shrank to the lowest level in eight years as all three broad-based sectors of capital goods production, consumer durables
India Opts Out Of RCEP After Its Core Concerns Remained Unresolved
After years of negotiations, India on Monday pulled out of the China-backed mega Regional Comprehensive Economic Partnership (RCEP)
Core Sector Output Shrinks 5.2% In Sept Indicating Severity Of Slowdown
Output of eight core infrastructure industries contracted by 5.2 per cent in September, the lowest in the decade, indicating the severity of economic slowdown.
IMF Revises India’s Growth Projection To 6.1 Per Cent In 2019
The IMF on Tuesday slashed India’s GDP growth projection for the year 2019 to 6.1 per cent, which is 1.2 per cent down from its April projections.
Moody’s Cuts India GDP Growth Forecast To 5.8 Per Cent for FY 2020
NEW DELHI – Moody’s Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying the economy was experiencing a pronounced slowdown which is partly related to long-lasting factors. The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) […]
Effects Of Global Slowdown More Pronounced In India: IMF
WASHINGTON – The largest emerging market economies like India are experiencing an even “more pronounced” effect of the global downturn, new IMF chief Kristalina Georgieva has said, warning that the global economy is witnessing “synchronized slowdown” which will result in slower growth for 90 per cent of the world this year. The Managing Director of […]
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