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Friday, December 13, 2019



Moody's cuts India's GDP growth forecast to 5.6 per cent for 2019

December 13, 2019 1:31 pm

Moody's Investors Service expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively, but sees the pace of growth remaining lower than past.

Bengal Business Conclave: Country’s economy on a downslide but Bengal performing well, says Mamata

December 12, 2019 5:26 am

The two-day conclave is being attended by delegates from 28 countries like Bangladesh, Bhutan, UK, Poland, US, Australia, Thailand, Russia, Italy and China among others.

Explained: Why, if growth is to revive, credit flows to industry must pick up fast

December 03, 2019 7:59 am

Consumers are clearly not willing to spend, especially on big ticket items such as homes. The fact that there is no quick fix for the compression in credit growth will, in fact, prevent growth in Q3 and Q4 from picking up meaningfully.

A new low

November 30, 2019 12:19 am

Growth below 5 per cent indicates slowdown has intensified, calls attention to structural issues, better execution of remedies.

Explained: Why GDP rate at 4.5% now makes RBI projection hard to achieve

November 30, 2019 12:44 pm

At 4.5 per cent, the GDP growth rate is much lower than 5.3 per cent projected for July-September by the Reserve Bank of India (RBI) in its October policy.

India's GDP growth slips to 4.5%, slowest in more than six years

November 29, 2019 8:20 pm

The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013.

India braces for shock GDP as PM Modi scrambles to spur economy

November 29, 2019 9:05 am

Data on Friday will likely show the economy had its weakest performance last quarter in more than six years, with the growth rate dropping below the symbolically important 5 per cent mark.

Have no reason to doubt govt commitment on fiscal targets: RBI

October 04, 2019 2:53 pm

The budget has set the fiscal deficit target at 3.3 percent of GDP for the current fiscal but the steeply falling GST collections and the historic cut in corporate taxes have raised concern over the maintainability of the target.

Explained: Can Govt meet its fiscal deficit target without reducing its spending?

September 24, 2019 9:58 am

While a lower corporate tax rate incentivises businesses to reinvest in existing businesses and makes new investments attractive, it also comes at the cost of lower tax revenues for the government.

Watch: P Chidambaram mocks Modi govt outside Delhi court, says '5%...GDP is 5%'

September 04, 2019 9:01 am

Chidambaram was reacting to questions over his prolonged CBI custody outside the court premises. 


‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

December 23, 2018 6:21 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

'Railways in crisis going from bad to worse': Dinesh Trivedi

February 25, 2016 6:55 am

New Delhi, Feb 25 (ANI): Former railways minister Dinesh Trivedi wished Railway Minister Suresh Prabhu all the best for the upcoming Railways Budget. He said he was little worried about the railways because railways is a basic system anywhere in the world, which adds to half percent to the GDP. If the railways doesn’t do well, you cannot contain even your food inflation.