RBI cuts repo rate by 40 bps: It is unexpected like rain in summer; regulatory, monetary measures to boost economy, say experts
The Reserve Bank of India (RBI) on Friday slashed the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis.
Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months
In an off-cycle meeting of the Monetary Policy Committee (MPC), the decision was taken unanimously to cut repo to support growth.
Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
The government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector
Budget 2020: If government is serious about growth revival, it shouldn’t be too focused on fiscal deficit target
The economic growth is dragged by a poor show in the manufacturing sector, lower revenue collections hampering the ability of the government to ramp up spending and the absence of consumer demand in Asia’s third-largest economy.
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.
GDP falls to 5%: April-June data comes as a shocker; it is time govt bid adieu to fiscal deficit obsession
Looking closely at the GDP figures, the big disappointment is the manufacturing sector
With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?
By gifting an unconventional 35 bps rate cut, the MPC has delivered what the government wanted
Economic growth may have slowed in 2018-19 on low private consumption, tepid growth in fixed investment: FinMin
The Indian economy appears to have slowed down in 2018-19 due to lower private consumption, tepid growth in fixed investment and muted exports, a finance ministry report has said
World Bank says India's economy to regain 'fastest growing' tag; forecasts GDP growth to advance 7.3% in 2018-19
The World Bank forecasts are slightly lower than two other projections by international bodies published in April and May
There’s no denying that economic growth under the Modi government has been subdued but stable. The year ahead will determine whether it will maintain this or endanger it for political gains.
Fresh investments are the key to employment growth and that has to be the Modi government’s top priority now.
Analysts said that consumption is likely to slow down in March due to demonetisation and high base last year
The biggest mystery is about the surge in private consumption.
The positive part is that the government has shown willingness to ramp up spending in infrastructure, but economists note that the spending has to pick up in a much more significant manner if the government wants to arrest the economic slowdown
Crisil believes the government has to pick up the gauntlet and try to push the investment cycle