Economy - general
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
RBI cuts repo rate by 25 bps to 5.15% to revive growth
04 Oct 2019
With the growth in gross domestic product slumping to 5.0 per cent in Q1 of FY20, the monetary policy committee decided to continue with an accommodative stance, while ensuring that inflation remained within the target of 4 per cent within a band of +/- 2 per cent
India-US trade deal has to evolve: Piyush Goyal
03 Oct 2019
While both countries do not see any structural issues, there are conflicting interests of bringing down trade deficits and protectionist trade policies that hamper a trade deal
ADB cuts India’s FY19 GDP growth to 6.5%, keeps FY20 growth at 7.2%
26 Sep 2019
India will remain one of the fastest-growing economies in the world this year and next year as the government continues to implement policy reforms and interventions to strengthen economic fundamentals, said ADB chief economist Yasuyuki Sawada
IMF blames policy muddle for India’s sluggish economic growth
13 Sep 2019
IMF attributes the weakening growth rate of the Indian economy to corporate, environmental and regulatory uncertainties, which deter both manufacturers and consumers from taking decisions
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