GDP
Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis.
Jobs at risk as China’s services sector feels heat of trade war
14 Nov 2019 10:08 AM

The government has raised this year’s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

The ministry said the government has undertaken series of financial sector and other reforms to strengthen the economy as a whole.
FinMin says fundamental of Indian eco robust, reforms to stimulate investments
08 Nov 2019 10:26 AM

Government of India has also proactively taken policy decisions in response to the global slowdown.

Economists decided that 2009-10 was not a good year globally and domestically and finalised 2011-12 as the base year for new series of GDP.
New base year for GDP to be decided in few months
05 Nov 2019 3:00 PM

The change in base year actually captures the change in structures of the economy.

As recent as 2018-19, the sector had attained a size equivalent to 7.5 per cent. (Representational Image; Photo credit: AFP/ File)
Auto sector's contribution to GDP may slip to 7 pc this fiscal: Acuite Ratings
31 Oct 2019 3:16 PM

Two wheelers and three wheelers, were expected to decline by 6-7 pc this fiscal as compared with 2018-19 to around 25 million units.

According to the latest data released by the Reserve Bank of India, deposit growth continues to outpace credit growth, which has lost momentum.
Poor credit demand may hit deposit growth in H2
29 Oct 2019 1:44 AM

Banks may further cut deposit rates to protect their margins as lending rates continue on a downward trajectory.

From 2004 to 2014 we did not implement any structural reforms. During 2014 to 2019 we have implemented a couple of them like Bankruptcy Code and GST. So I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian. (Photo: File | Twitter)
Corporate tax cut is a signal to structural reforms: CEA
02 Oct 2019 6:34 PM

I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.

With the Rs 1.45 lakh crore tax break announced mid-way threatening to upset budgeted numbers, Chakraborty sought to allay concerns of investors and analysts, saying the government is sticking to the glide path of keeping fiscal deficit at 3.3 per cent of the GDP in the current fiscal.
Government swears by glide path, to borrow Rs 2.68L crore in H2
01 Oct 2019 1:29 AM

Secretary non-commital on overseas sovereign bond issue.

If required, the government may request the Reserve Bank of India for interim dividend of Rs 25,000-30,000 crore during the current fiscal, an official said. (Photo: Representational)
Govt may seek Rs 30,000 cr interim dividend from RBI
29 Sep 2019 2:39 PM

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.

The central bank has already reduced the key policy rate four times in the current calendar year
RBI likely to go for further policy easing in Oct 4 meet
13 Sep 2019 1:39 PM

India's industrial production growth slowed to 4.3 per cent in July, dragged mainly by manufacturing sector's poor show.

US Treasury Secretary Steven Mnuchin said he had not seen the new IMF forecast, but did not expect the impact to be as significant in the United States. (Photo: Representational)
US, China trade war could lower global GDP by 0.8 per cent in 2020: IMF
13 Sep 2019 11:57 AM

IMF spokesman Gerry Rice said trade tensions were beginning to affect a world economy already many facing challenges.


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