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Thursday, May 30, 2024
TopicEconomic slowdown

Topic: economic slowdown

India is in a ‘quasi-recession’ and growth remains elusive, report says

Growth has slipped below long-term trend of 6.6% for 2 consecutive quarters & needs govt spending boost, Nirmal Bang Equities said in a report.

India’s growth forecasts being lowered, more interest rate cuts predicted

Goldman Sachs & Citigroup lowered growth projections to 6% for FY20, while Oxford Economics said there’s a risk the expansion could be weaker than that.

Modi govt is countering the slow economic tempo with counter-narrative of being responsive

It is hard to recall another week under Modi that has been as packed with economic policy pronouncements. But it’s a long haul before narrative really changes.

April-June GDP growth expected to fall to 5.7% as slowdown deepened

The slowdown last quarter reflects a slump in investment before polls & high-frequency indicators since suggest economy’s lack of momentum persisted.

How RBI is managing to give Modi govt the Rs 1.76 lakh crore record windfall

Almost 70% of the Rs 1.76 lakh crore payment comes from income RBI earned on its investments. The rest comes from its surplus capital.

Amend the law to settle conflict over RBI’s surplus once and for all

The transfer of surplus and excess capital is the right step, but the problem should not be left ambiguous in law. Parliament must debate and amend RBI Act.

Does slowdown justify Modi govt dipping into RBI excess reserves or is it just a band-aid?

The Reserve Bank of India Monday decided to transfer a record Rs 1.76 lakh crore dividend and surplus reserves to the Narendra Modi government.

Why RBI Governor Shaktikanta Das has lent a Rs 1.76 lakh crore umbrella to Modi govt

Bad news is suddenly pouring down on the economy & RBI is coming to govt’s rescue without running any immediate risk of exposure to its own credibility.

RBI’s record Rs 1.76 lakh crore booster shot lifts stocks, bonds and rupee

The windfall is a timely boost for the Modi government that is looking to spur economic growth as a sustained slowdown has rung alarm bells.

On Camera

Influencers aren’t the best ‘Indian representation’ at Cannes. Filmmakers are

Even if fashion was a core feature of Cannes, Indian influencers failed at that too. No one, barring Nancy Tyagi, was able to turn heads on the red carpet.

Support to farmers, food security, outdated data — WTO members question India’s agriculture policies

WTO's Committee on Agriculture met last week in Geneva. During this meeting, members could question each other on agricultural policies that potentially impacted trade.

Italy’s Leonardo returns to Indian aviation market, focuses on civil orders for helicopters

In November 2021, India lifted ban on AgustaWestland & its parent company Leonardo, paving way to take part in multiple ongoing projects & bid for upcoming defence contracts.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?