Tag: GDP
17 Results
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RBI slashes repo rate by 25 basis points to 5.15%; loans to get cheaper
The RBI's monetary policy committee (MPC) in its fourth policy review of the current fiscal also revised the GDP outlook for FY2019-20 to 6.1 per cent from the previous 6.9 per cent.
October 4, 2019 -
Corporate tax may risk fiscal deficit target but sure is credit positive: Moody’s
Corporate tax reduction is credit positive for companies but increases the government's fiscal risks, global credit rating agency Moody's said on Saturday.
September 21, 2019 -
Priyanka Gandhi Vadra asks Govt to address ‘historic slowdown’ of country’s economy
The Congress leader said the slowdown was for everyone to see and asked till when will the government run by "managing headlines."
September 3, 2019 -
Sensex down 400 points after GDP shocker
At 9.32 a.m., the Sensex was down 402 points at 36,930.66. The benchmark Sensex opened at 37,181.76 from its previous close of 37,332.79.
September 3, 2019 -
India’s manufacturing PMI falls to 15-months low in August
The IHS Markit India Manufacturing Purchasing Managers' Index (PMI), fell to 51.4 in August, its lowest mark since May 2018, from 52.5 in July, as most survey indicators fell since July to signal a widespread loss of momentum.
September 2, 2019 -
Priyanka Gandhi flays Centre over GDP, jobs; says economy punctured
India's GDP growth has fallen by 3 per from 8 per cent in quarter one of 2018-19 to 5 per cent in the first quarter ended June, the lowest in six years.
August 31, 2019 -
Growth woes: India’s Q1 FY20 GDP growth slows to 5 per cent
According to the National Statistical Office (NSO), the GDP at 'Constant (2011-12) Prices' in Q1 of FY2019-20 is estimated at Rs 35.85 lakh crore, as against Rs 34.14 lakh crore in Q1 of 2018-19, showing a growth rate of 5 per cent.
August 30, 2019 -
Loans to get cheaper as RBI cuts repo rate by 35 bps to 5.4%; GDP growth rate down at 6.9%
This is the fourth reduction in repo rate during 2019.
August 7, 2019 -
India’s GDP to see 8 per cent plus growth from FY 2020-21 onwards: NITI Aayog VC
Kumar attributed the expectation in growth to the structural reforms undertaken by the government of India like the Goods and Services Tax, Insolvency and Bankruptcy Code.
July 22, 2019 -
ADB cuts India’s GDP growth forecast to 7 per cent for FY20
Overall, the South Asian outlook remains robust, with growth projected at 6.6% in 2019 and 6.7% in 2020.
July 18, 2019 -
‘It is important to balance excitement with economics’
In a freewheeling chat Karan Tanna, Founder and CEO, Yellow Tie Hospitality LLP and Head of the National Restaurant Authority of India youth committee talks about the hospitality scene and career scopes in Indian restaurant industry.
July 12, 2019 -
Economic Survey 2019: Govt predicts 7% GDP growth for 2019-20; fiscal deficit down to 5.8%
The survey outlines strategic plueprint to achieve Prime Minister Narendra Modi's vision for $5 trillion economy.
July 4, 2019 -
Prognosis & Cure
This is not to forget the death of 116 children in Bihar’s Muzaffarpur district due to the undiagnosed outbreak of an affliction called acute encephalitis syndrome (AES).
June 27, 2019 -
RBI Deputy Governor Viral Acharya quits 6 months before his term ends
Acharya submitted a letter to the RBI informing that due to 'unavoidable personal circumstances' he is unable to continue his term beyond July 23, 2019.
June 24, 2019 -
Job-skill mismatch
The Central Statistics Office numbers, which the new finance minister, Mrs Nirmala Sitharaman, will have to deal with, show economic growth slowing to a five-year low of 5.8 per cent in the fourth quarter of 2018-19, courtesy a disastrous showing by the agriculture sector and a far-from-happy performance by manufacturing.
June 9, 2019 -
Happiness of the World
The concept of GDP as the criterion of a nation's well-being is under the lens. As the annual UN-backed World Happiness Report, much similar to the Stiglitz-Sen-Fitoussi Commission inspired OECD Better Life Index advances the ‘Beyond GDP‘ agenda, economists grapple with an old paradox about growth and happiness
May 25, 2019 -
Misgivings over MCA-21
Regrettably, the advisory council of the 15th Finance Commission that met recently has not seriously addressed the problem and, hopefully, the new finance commission will remedy this problem.
May 21, 2019