Economy - general
India’s GDP grew at a 6-year low of 4.5% in Q2 FY20: NSO
29 Nov 2019
The economy has been hit by weak consumer demand, slowing factory activities and negative impacts of the prolonged monsoon, according to data released by the government
A slowing of growth is not recession, says Nirmala Sitharaman
28 Nov 2019
While economic growth may have slowed, the finance minister said there is no recession, and that indicators such as foreign exchange reserves, domestic supply, consumption and management of inflation are much better than it were during the UPA regime
India’s wholesale price inflation falls to 0.16% in October
14 Nov 2019
While the wholesale price inflation has steadily declined, consumer price inflation showed a rising trend - steadily increasing from 3.15 per cent in July
India's consumer price inflation jumps to 4.62% in October
13 Nov 2019
India’s consumer price inflation has been steadily rising after hitting 3.15 per cent in July and if the trend continues RBI could reverse its easy money policy
India’s industrial production contracts 4.3% in September
11 Nov 2019
Seventeen out of the 23 industry groups in the manufacturing sector have shown negative growth during September 2019 with the industry group ‘motor vehicles, trailers and semi-trailers’ showing the highest negative growth of (-) 24.8 per cent
India’s economy strong, outlook stable despite Moody’s: govt
08 Nov 2019
Moody’s Investors Service changed its outlook on India’s sovereign rating to negative from stable while keeping the foreign-currency and local-currency long-term issuer ratings unchanged at Baa2, citing slower growth, which it attributed to lower government and policy effectiveness
Over 50% of adolescents in India are malnourished: Unicef
01 Nov 2019
The Unicef report, ‘Adolescents, Diets and Nutrition: Growing Well in a Changing World’ says that growing incomes and increased spending on food have translated to greater consumption of fried foods, junk foods, sweets and aerated drinks by 10 to 19-year-olds in every Indian state, increasing the risk of diabetes and heart disease
IMF lowers India’s FY20 GDP growth forecast to 6.1%
16 Oct 2019
The country, however, retains the tag of the world's fastest growing economy alongside China, says IMF’s latest World Economic Outlook report
World Bank lowers India's FY20 GDP growth projection to 6%
14 Oct 2019
The World Bank report also noted a widening of the current account deficit to 2.1 per cent of GDP in 2018-19 from 1.8 per cent a year before, mostly reflecting a deteriorating trade balance
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