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UN lowers India growth forecast to 5.7% for FY20; expects momentum to pick up in 2020
•The Gross Domestic Product (GDP) growth in India and few other large emerging countries may gain some momentum this year after the global economy recorded its lowest growth of 2.3 percent in 2019 due to prolonged trade disputes, a UN study said
Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?
Dinesh Unnikrishnan123 •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.
Corporate tax rate cut, infra investment will boost revival in economy, reduce impact of slowdown
Amit Malviya •Govt's policy approach ensures macro fundamentals will emerge unscathed and country will safely navigate its way through inclement economic weather
Britain likely to lose over $16 billion on exports to EU in case of no-deal Brexit, say UN economists
•Britain could lose at least $16 billion annually on exports to the European Union if it leaves without a deal and possibly billions more on trade beyond the bloc, UN economists said Tuesday.
Invest India receives top UN Investment Promotion award for promoting renewable energy
Ians •A non-profit venture of the Department of Industrial Policy and Promotion, Invest India promotes sustainable investment.
Government in process of framing rules to regulate e-commerce sector, says Ram Vilas Paswan
•While e-commerce in India is growing at an annual rate of 51 percent, the laws regulating the digital marketplaces are still evolving, Paswan said
FDI growth rate records five-year low at $44.85 bn in 2017-18; foreign inflows grow by only 3%
•It is critical to revive domestic investments and further ease of doing business in the country to attract foreign investors.
Growth expected to accelerate next fiscal, real GDP growth to expand at 7.4% in 2018-19, says Urjit Patel
•Urjit Patel said several factors were likely to influence the inflation outlook, including a possible moderation in food prices if the monsoon turned out to be normal and was supported by an effective food supply management
Cross border mergers make India favoured FDI route: UN trade report
•Despite historically high number of announced greenfield projects in 2015, FDI inflows to India were flat last year with only 1 percent up from 2015, the report said.
Jack Ma, Alibaba founder thinks that Internet should be treated as a utility and made available to everyone
Fp Archives •"The internet should be treated as a utility and should be treated also as the infrastructure of global development".