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Shoppers walk through the New Market area in Kolkata, India, on Tuesday, April 30, 2019. Prime Minister Narendra Modi is seeking a re-election bid in national elections | Photo by Prashanth Vishwanathan | Bloomberg

SBI revises full-year GDP growth forecast to 5%, and 4.2% for July-September quarter

The full-year GDP growth forecast is 1.1% lower than SBI’s earlier projection of 6.1%, and one of the lowest predicted by any institution so far.
Medicines (representative image) | pexels.com

To fight China monopoly, Modi govt to speed up approvals for 4 mega bulk drugs parks

Bulk drugs are raw materials for the manufacture of drugs, and Indian drug makers import around 70% of their total requirement from China.
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C. | Photographer: Andrew Harrer/Bloomberg

The 2020 economy should feel a lot better

The Fed's monetary policy and other catalysts, including Boeing's push to manufacturing, will help the US economy in 2020.
Tata Motors Ltd. Jaguar Automobile Production (representational image) | Photographer: Simon Dawson | Bloomberg

Tata Group approaches BMW, China’s Geely in hunt for partners for Jaguar

Tata Group has said it’s open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles.
GDP

GDP growth could drop below 5% in Q2 as factory output sees biggest contraction since 2011

Index of Industrial Production contracted by 4.3% in September, with most sectors witnessing a decline. Economists don’t predict a rosy future either.
Oil Facilities And Services Ahead Of Final Year Figures After Demonetization Induced Fluctuation

Industrial production contracts 4.3% in Sept due to poor performance in manufacturing sector

Factory output, which is measured in terms of Index of Industrial Production, had expanded 4.6% in September 2018.
Indian rupee

Income Tax dept to seek Rs 1 trillion cut in tax collection targets

The government set a tax collection target of Rs 13.8 lakh crore during the interim budget in February, which was revised to Rs 13.35 lakh crore when budget was presented in July.
Gold bullion bars

NBFC crisis turns bonanza for gold loan financiers Manappuram, Muthoot

Indians are increasingly pawning their family jewellery to get cash amid a fundraising crunch at NBFCs.
BSE

This is India’s most expensive stock – but investors still love it

Investors value ability of Asian Paints to churn out record profits when other consumer-oriented companies have warned of the impact from slowdown.

Why trade wars have no winners

We must not forget that trade disputes are not a one-way street, but always carry the danger of retaliatory measures.

On Camera

AI and tech

Era of ‘borderless’ innovation is over. US, India, China using national security to box tech

Security is now bleeding the economies of US and China, with flow of capital, people and technology being disrupted.
Illustration by Soham Sen | ThePrint Team

Are JNU students justified in protesting steep but long overdue fee hike?

Students have been on a strike since 28 October demanding that the revisions in the hostel manual be withdrawn.

Defence

Special Forces of the Army | Commons

Army wants officers to deactivate Facebook accounts, stay away from WhatsApp

The Indian Army advisory says WhatsApp is a vulnerable platform and Facebook has turned out to be a crucial source of collecting intelligence.

Imran Khan’s fantasy to revive Khalistan isn’t happening because Sikhs aren’t gullible

India isn’t made of porcelain. Kartarpur Sahib is open. It’s our moment of collective joy. Switch off that TV neurosis on the ‘return of Khalistan’.