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Topic: economic growth
Economists forecast an 8.7 per cent contraction in the second-quarter from year-ago levels, almost equaling the record 8.9 per cent decline posted in the first quarter.
To goad Modi govt to reveal each move against China and put it in public domain is not in keeping with India's security and strategic parameters.
For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
Cleaning up bank balance sheets might stem current slump, but until lenders see major set of new opportunities, Indian economy won’t return to rapid growth.
The degrowth movement, which is gaining momentum, does contain a few nuggets of insight, it’s based on a number of misconceptions.
RBI has so far taken a leaf each from the US Fed & ECB’s books to manage bond yields using unconventional tools, as inflation keeps it from cutting rates.
Former PM Manmohan Singh had warned in November 2019 that the Indian economy was entering a stage of stagflation, with high inflation and stagnant demand.
Former RBI governor says India has a powerful govt, with a charismatic PM, which should deliver the kind of economic growth the country owes its youth.
While GDP growth rate slowed for a sixth straight quarter BSE Sensex has surged 13% from a low on 19 Sept as it rose to all-time highs.
S&P rating comes weeks after Moody's Investors Service lowered India's rating outlook from ‘stable’ to 'negative'.