Economy

No Recession In Indian Economy: FM Sitaraman

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

Moody

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

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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