Economic Slowdown

Showing of 41 - 60 from 298 results
Economic Slowdown - Total results - 298
Moody's cuts India growth projection to 5.4% for 2020 from 6.6% projected earlier; cites slower than expected economic recovery
Business

Moody's cuts India growth projection to 5.4% for 2020 from 6.6% projected earlier; cites slower than expected economic recovery

Moody's Investors Service on Monday slashed India's growth forecast to 5.4 percent for 2020 from 6.6 percent projected earlier on slower than expected economic recovery

Sensex, Nifty slip into negative zone in opening session on dismal macro data; rupee slips
Business

Sensex, Nifty slip into negative zone in opening session on dismal macro data; rupee slips

Ahead of the release of IIP and inflation data, the Sensex had settled 349.76 points or 0.85 percent, higher at 41,565.90

Weak growth to pull down Indian rupee further as significant pickup in economy unlikely; coronavirus fears to impinge: Poll
Business

Weak growth to pull down Indian rupee further as significant pickup in economy unlikely; coronavirus fears to impinge: Poll

The rupee has lost around 1% in the past 15 days and the 3-5 February poll of over 50 strategists predicted the rupee would have slipped a touch over 1% against the dollar to 72.00 in a year.

RBI holds rates steady; seeks to balance growth and inflation risks, say analysts
Business

RBI holds rates steady; seeks to balance growth and inflation risks, say analysts

The Reserve Bank of India (RBI), for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 percent, maintaining its accommodative policy stance as long as it was necessary to revive growth

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries
Business

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries

The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario

Disinvestment proceeds to be used for creating infrastructure for country, not to bridge revenue deficit: Nirmala Sitharaman
Business

Disinvestment proceeds to be used for creating infrastructure for country, not to bridge revenue deficit: Nirmala Sitharaman

The government set an ambitious disinvestment target of Rs 2.10 lakh crore for the next financial year, which includes selling stake in BPCL and insurance behemoth LIC.

Budget overhang, RBI policy, third quarter earnings to decide market course this week; investors disappointed: Analysts
Business

Budget overhang, RBI policy, third quarter earnings to decide market course this week; investors disappointed: Analysts

Giving a thumbs down to the Budget, the market benchmark Sensex logged its biggest single-day plunge in more than a decade on Saturday after Budget presentation.

Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmap
Business

Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmap

In 2018-19, gross tax revenue was estimated at Rs 22.7 lakh crore; the actual collections were Rs 20.8 lakh crore – 9 percent less.

Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity
Business

Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity

Nirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation

Budget 2020: Govt to spend Rs 2.83 lakh cr on agriculture sector to lift wobbly economy; fiscal deficit to widen to 3.8% this fiscal
Business

Budget 2020: Govt to spend Rs 2.83 lakh cr on agriculture sector to lift wobbly economy; fiscal deficit to widen to 3.8% this fiscal

Agriculture accounts for 15 percent of India’s gross domestic and a source of livelihood for more than half of the country’s 1.3 billion population.

Congress expresses hopes that Union Budget 2020 would provide relief to salaried class, spur investment in rural India
Politics

Congress expresses hopes that Union Budget 2020 would provide relief to salaried class, spur investment in rural India

The Congress on Saturday expressed hope that the Union Budget would provide relief to the salaried class through tax cuts and invest in rural India.

Indian economy experienced abrupt slowdown in 2019 on turbulence in NBFC sector, but yet to slip into a recession: IMF
Business

Indian economy experienced abrupt slowdown in 2019 on turbulence in NBFC sector, but yet to slip into a recession: IMF

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy.

Budget 2020 likely to increase govt spending on infra, offer tax incentives to get growth back from lowest in decade
Business

Budget 2020 likely to increase govt spending on infra, offer tax incentives to get growth back from lowest in decade

Finance Minister Nirmala Sitharaman, who will present her second full-year annual budget to parliament, could defer the earlier target of cutting the deficit to 3 percent of gross domestic product in 2020/21 by at least two years

Budget 2020: Will govt be brave enough to walk the extra mile, turn tables and spark a rebound in economic growth?
Business

Budget 2020: Will govt be brave enough to walk the extra mile, turn tables and spark a rebound in economic growth?

The Indian economy is going through a sustained slowdown with growth slowing for over five quarters now, marking this the longest slowdown in the country since liberalisation

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC
Business

India's gold demand falls 9% in 2019 on economic slowdown, record prices; reforms may boost consumer confidence: WGC

In 2019, the WGC said India's gold demand in volume terms declined to 690.4 tonnes from 760.4 tonnes in 2018, out of which jewellery demand fell nine percent to 544.6 tonnes from 598 tonnes.

Budget 2020: Finance minister should address pain points of GST to ease niggling business process issues
Business

Budget 2020: Finance minister should address pain points of GST to ease niggling business process issues

Come July 2020, the GST will complete a landmark three years in operation in India despite much skepticism

Sugar buyers nervous as Indian export surge fails to materialise despite global prices trade near two-and-half-year highs
Business

Sugar buyers nervous as Indian export surge fails to materialise despite global prices trade near two-and-half-year highs

Global buyers have been targetting Indian supplies to help meet a global sugar deficit of 6.12 million tonnes in 2019/20 forecast by the International Sugar Organisation.

GST collection in January likely to touch record Rs 1.15 lakh cr on efficient tax administration despite economic slowdown
Business

GST collection in January likely to touch record Rs 1.15 lakh cr on efficient tax administration despite economic slowdown

The GST collection in December 2019 remained at Rs 1.03 lakh crore indicating a pick-up in consumption, which also slipped into slump mode.

Narendra Modi govt thrives on popularity in polls, but grim reality on roti-kapda-makaan provides stark contrast
Business

Narendra Modi govt thrives on popularity in polls, but grim reality on roti-kapda-makaan provides stark contrast

Poll on poll indicates that the Narendra Modi government still remains the most popular government of the day, yet poised to win a Lok Sabha election if it may come.

Budget 2020: Appliances, consumer electronics industry seeks GST tax relief, incentives to produce eco-friendly, energy-efficient goods
Business

Budget 2020: Appliances, consumer electronics industry seeks GST tax relief, incentives to produce eco-friendly, energy-efficient goods

The Consumer Electronics and Appliances Manufacturers Association (CEAMA) has urged the government to offer incentives for manufacturers