India’s GDP grew by 4.5% in the three months ending September, the lowest since March 2013. It highlights the current economic crisis, created by factors
Category: Economy
This is India’s first ever slowdown at a time of political as well as macroeconomic stability | The Indian Express
Sharp and protracted economic slowdowns aren’t new to India. Since Independence, there have been at least eight episodes of significant GDP growth rate declines over
View: A three-point guide for India Inc to survive slow growth – The Economic Times
By Christo Popov Many CEOs should be wringing their hands about the latest figures released by the government on Friday that show GDP grew 4.5%
Japan won’t sign RCEP if India doesn’t join – The Economic Times
By Isabel Reynolds Japan is not considering signing a Chinese-backed regional trade pact without India, the top Japanese negotiator said Friday, ahead of a series
Fiscal deficit for April-Oct at 102.4%, crosses full year target – The Economic Times
The country’s fiscal deficit hit 102.4 per cent of 2019-20 Budget Estimate at Rs 7.2 lakh crore at the end of October, government data showed on Friday.
FM Nirmala Sitharaman’s remarks on economy disappointing in extreme: Yashwant Sinha – The Financial Express
Sinha said the root cause of the current economic crisis is “death of demand” in the country. Former Union minister Yashwant Sinha on Friday termed
Don’t waste this crisis: There’s no more room to ignore bad economics | Business Standard Column
The gross domestic product (GDP) growth numbers for the July-September quarter, the lowest in 26 quarters, are no surprise. Most analysts had — belatedly —
Rising fiscal fears | Business Standard Editorials
Notwithstanding Union Finance Minister Nirmala Sitharaman’s spirited defence of the government’s economic performance on Wednesday, the fiscal position of both the Central and state governments
Not through bonds, only cash, says C Rangarajan on banks recapitalisation – The Economic Times
Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that
For Innovative Fiscal Policy, Action–Economic Times
The Q2 growth numbers are remarkable in that nominal growth stands at 6.1%, about half the assumed growth rate for the economy in the Budget,
Transparency needed: RBI & EC’s concerns about the opaqueness of electoral bonds should be addressed–Times of India
The government opened up a controversial route for political funding in 2017, with the introduction of electoral bonds. Their genesis is back in the news,
Rising fiscal fears | Business Standard Editorials
Notwithstanding Union Finance Minister Nirmala Sitharaman’s spirited defence of the government’s economic performance on Wednesday, the fiscal position of both the Central and state governments
How should the government revive demand? | Business Standard Column
In the current economic slowdown, many claim that demand is the key issue that needs to be addressed. The important question that arises in this
A blueprint to revive demand and growth in the Indian economy | Opinion – analysis – Hindustan Times
Finance minister (FM) Nirmala Sitharaman, in Parliament on Wednesday, said that India will not go into recession, and that some of the blame for the
Act, don’t debate on brink of recession–Deccan Chronicle
One of the prerequisites of delivering a good public talk is the confidence of the speaker. If the speaker is confident, one half of her
States to pile up debt in slowing economy: Moody’s – The Economic Times
State governments will likely face difficulties in reducing deficits as economic growth slows and infrastructure spending continues, according to a report by credit ratings agency Moody’s.
FM Nirmala Sitharaman tells key reason which led to GDP growth fall; rules out recession – The Financial Express
The lagged effect of the twin balance sheet crisis faced by banks led to a fall in GDP in the last two financial years, finance
Opposition parties attack Centre in debate on economic slowdown – The Financial Express
The Rajya Sabha on Wednesday witnessed a heated debate on the current economic scenario with opposition parties taking on the government on a range of
Electoral bonds: FinMin knew serial number could reveal donor’s identity | Business Standard News
The finance ministry was initially reluctant to put up serial numbers on electoral bonds, saying they had the potential to reveal the identity of the donors, but
India has to fix structural problems because of the risk of growing old before growing rich – The Economic Times
In the absence of education, people would find it difficult to get skilled. In the absence of skills, young people would not get jobs. There