economic slowdown

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Project to turn India into majoritarian nation has 'crippled' economy: Congress

Congress spokesperson Manish Tewari cited a critical analysis of the government's policies by Parakala Prabhakar, a noted political economist and husband of Finance Minister Nirmala Sitharaman, to claim that the economy is in "grave danger".

Ravi Shankar Prasad withdraws Bollywood economics comment

Taking to Twitter, Ravi Shankar Prasad issued a press statement, saying a part of his statement had been completely twisted out of context.


'Three movies made Rs 120 crore in a day': Ravi Shankar Prasad denies economic slowdown

Referring to the NSSO report, Prasad said, "I have given you ten parameters where economy is performing well, but not a single one is reflected in the (NSSO) report Hence I call it a wrong report."

'GST, demonetisation may have heightened risks for poorest': World Bank cuts growth projection to 6%

While India has been relatively hit hard by the recent global slowdown, World Bank's Chief Economist for South Asia Hans Timmer told PTI that it's still a "fast-growing economy."

Growth forecast cut foretold: How to read IMF chief's pessimism on India

The IMF chief cited trade tensions having "substantially weakened" manufacturing and investment activities worldwide as one of the primary reasons for the pessimistic projection.

Just blame it on millennials: They are investing in experiences, not consumption and commodities

Indian millennials had been handed a political bonanza: Two terms of Modi, a leader they adore at home and in Houston; a muscular post-Article 370 India, which seems to have left a mark on relatively few millennial consciences; and demonetisation, a bad idea then, worse idea now, but popular nevertheless with the demographic.


From housing sops to corporate tax cut: Sitharaman's key announcements since Budget 2019

The government announced a slew of measures in four sets which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector, and corporate tax rate cut.

Rahul takes another dig at PM over 'Howdy Modi': 'No event can hide reality of economic mess'

This comes two days after Rahul took a dig at the prime minister over economic slowdown while referring to the event on September 22, which is to be graced by US President Donald Trump too.

Taxing times

Sluggish tax collections are likely to upset spending plans. Government needs to explore other ways to shore up revenues

Instead of criticising, positive suggestions should be given: Sachin Pilot on economic slowdown

Underlining that slowdown was visible in all sectors, Sachin Pilot said investors' confidence was down, NPAs had gone up, banks were not giving loans, jobs were not being created and factories have shut down.