Finance Ministry credits govt, RBI for ‘green shoots of economic revival’ as agriculture, petroleum, electricity indicators pick up
The Finance Ministry cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage
UP, MP ease labour laws: India needs to ride this wave focussing on employee health, safety and correct 'miserable' record in this matter
Labour regulations such as 8 hours work days were brought in after years of protests against exploitation.
In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot
The highlight of the December quarter GDP data is not just the GDP numbers alone, but the massive revisions of the past data
Industrial production shrinks 0.3% in December as manufacturing sector dips; retail inflation rises to 7.59% in January on high food prices
The food inflation last month was 13.63 percent, compared with (-)2.24 percent in January 2019. However, it is down from 14.19 percent in December.
Budget 2020: Converge multiple corporate tax rates to 15% by April 2023; CII urges govt to make announcement on 1 February
The government last year reduced corporate tax rates to 22 percent, plus surcharge and cess
Markets surge to record high; Sensex soars 294 points, Nifty above 12,300-mark on positive global cues; Infosys rallies 4%
In the previous session, Sensex ended 147.37 points, or 0.36 percent, higher at 41,599.72 and the Nifty settled 40.90 points, or 0.33 percent, higher at 12,256.80.
With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man
The GDP can’t be taken as just another routine economic data government puts out; it is a vital summary of the real economic activity on the ground
For India's $5 trillion dream to materialise, high quantity investments are in order; govt must acknowledge this reality
For India to reach the $5 trillion economy target, it needs to grow at 9 percent per annum, which is out of the question now
GDP growth at 4.5% is the slowest growth since January to March 2013, when the economy had grown at 4.30% when Manmohan Singh was prime minister
Q2 GDP growth at 4.5%: Govt has indeed acknowledged, responded to problems with some measures but cannot afford to take eye off ball
Private investment (reflected in gross fixed capital formation, GFCF) not only slipped in terms of percentage of GDP (to 27.8 percent in Q2 from 29.2 percent in the same period last year and from 29.7 percent in Q1) but also in terms of growth.
Q2 GDP growth at 4.5%: Manmohan Singh says state of economy 'unacceptable,' country's aspiration is to grow at 8-9%
Manmohan Singh stressed that there was a need to change the 'current climate' in our society from one of fear to one of confidence for our economy to start growing at 8 percent per annum.
Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?
Indian economy had a shocker when the GDP growth slowed to a 6-year low of 5% in the April-June quarter. Even after that, there is no recovery in sight.
Manufacturing activity in the country continued to weaken in October, with factory orders and production rising at the weakest rates in two years, a monthly survey said on Friday
India's services sector contracts in September on weak demand; business optimism at its lowest in 2.5 years
It was the second month this year the index had fallen below the 50-mark separating growth from contraction—the last one being in June
China September factory activity shrinks for fifth straight month; analysts expect growth could slow further this quarter
China's manufacturing sector has done poorly in recent months due to weak domestic demand and higher trade tariffs
Auto sales trends, demonetisation and impact on manufacturing sector; all this and more on Moneycontrol Pro
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Corporate tax cuts to create positive impact on economy, boost industry; now need to focus on spurring demand: India Inc
Industry leaders from diverse sectors such as manufacturing and services expect the reduction in corporate tax rates to create a positive impact on the economy, leading to a speedier turnaround
Just 19% employers in India bullish on hiring in October-December quarter; softer job outlook prevails in several markets: Survey
Chinese employers reported a cautious hiring climate in the coming quarter, as a net four percent employers anticipate a rise in their staff numbers -- their weakest outlook in two years.
GDP growth at 5%: P Chidambaram slams Narendra Modi govt but forgets own uninspiring track record as finance minister
In the entire 2012-13 fiscal, under the ‘able hands’ of economist prime minister Manmohan Singh and finance minister Chidambaram, India’s GDP growth had crashed to 4.8 percent in the January-March quarter and fell to a decade’s low of 5 percent for the entire 2012-13 fiscal.
India likely to miss fiscal deficit target this year amid pressure for more stimulus; tax collections may fall by Rs 1 lakh cr: Report
Two government advisers said they have also urged the Prime Minister Narendra Modi-led government to defer the fiscal target to tackle the economic slowdown.