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ECONOMIC SLOWDOWN NEWS

Monetary policy, macroprudential steps may have caused slowdown

Monetary policy, macroprudential measures may have contributed to slowdown; growth to pick up in H2

December 27, 2024 4:32 am

These comments by the Finance Ministry come in the backdrop of India’s Gross Domestic Product (GDP) growth slowing to a near two-year low of 5.4 per cent in July-September.

Productivity growth critical for overall recovery of emerging economies: RBI deputy guv

June 12, 2023 11:20 am

A multi-pronged approach woven into a comprehensive policy intervention is needed to reignite and sustain productivity growth at emerging and developing economies (EMDEs), a RBI Deputy Governor Michael Patra said.

Are inflation pressures easing? Jobs report may offer clues

April 07, 2023 10:03 am

The latest economic signs, though, increasingly suggest that an economic slowdown may be upon us as employers are posting fewer job openings while more Americans are lining up for unemployment aid.

Axis Bank CEO Amitabh Chaudhry flags risks of slowing economic growth, says report

April 04, 2023 11:55 am

Axis Bank CEO Amitabh Chaudhry said lenders need to stay vigilant about economic outlook despite the recent robust growth, as India's post-pandemic rebound loses steam and global economic volatility makes forecasting more difficult.

Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022, says IMF

January 31, 2023 2:03 pm

“Growth in India is set to decline from 6.8 percent in 2022 to 6.1 percent in 2023 before picking up to 6.8 percent in 2024, with resilient domestic demand despite external headwinds,” said the IMF's World Economic Outlook update.

How India can keep growing amid a global economic slowdown

January 27, 2023 9:53 am

India can continue to do well if it learns pandemic lessons in smoothing shocks, and continues feasible low-resistance reforms

Pune: Low on budget but high on love, post-pandemic Valentine's Day marks new era

February 14, 2021 10:43 pm

Amid residual dread of the virus and changed perspective on relationships, an evident transition has occurred in the way people observed the day of love

Minus 23.9 per cent

September 01, 2020 8:48 pm

GDP shrinks: slowdown plus Covid plus effect of lockdown

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COVID-19 impact: Housing sales may fall 35% in 2020, demand for office space may shrink 30%

April 02, 2020 4:03 pm

Many prospective homebuyers will consider postponing their decisions either to stay away from the project sites or in the expectations of a price correction, it added.

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Amid coronavirus scare, Rahul Gandhi warns of 'economic tsunami'

March 17, 2020 6:37 pm

Hitting out at the Prime Minister, Congress leader Rahul Gandhi said Narendra Modi should get his head "out of the sand" to deal with the problem facing the country.