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A cashier counts Indian rupee bank notes. | Photographer: Dhiraj Singh | Bloomberg

Indian economy could recover to 6.6% next fiscal, new UN report predicts

The recovery will come due to a combination of fiscal stimulus and financial sector reforms, says the UN report. South Asia’s growth is also expected to rebound.

Slowdown not recession says Nirmala Sitharaman: Is Modi govt still in denial on economy?

Finance Minister Nirmala Sitharaman admitted in the Rajya Sabha Wednesday that the Indian economy had slowed down but clarified 'it is not recession yet; it won’t be'.
An employee fits a wheel in a car factory | Representational image | Photo: Udit Kulshrestha/Bloomberg

Indian economy is on a decline. So why are IMF and World Bank’s growth forecasts so high

Analysts from IIM and IIT have looked at former CEC Arvind Subramanian’s data and concluded that India’s true growth rate might have been closer to 4.5%.
An illustration of PM Narendra Modi and Finance Minister Nirmala Sitharaman by Arindam Mukherjee | ThePrint

This downturn too shall end. The low growth base this year will make sure of that

Economic soothsayers may well be right when they predict a pick-up to 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4. The low base will help with that.
A laptop computer screen displaying the Netflix homepage | Chris Ratcliffe/Bloomberg

Netflix gets close to the big question: Can it survive at this rate of growth?

Netflix is still adding customers at a healthy clip but its survival is predicated on adding streaming video customers essentially to infinity.
Gita Gopinath

IMF pushes down global growth rate to 3% amid economic slowdown in India, China

IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.
Representational image | Dhiraj Singh/Bloomberg

Indian economy’s animal spirits got worse as slowdown spilled into July

A gauge measuring overall economic activity moved one notch toward weaker territory as 6 of 8 high-frequency indicators fell from previous month.
New York City skyline | Wikipedia Commons

Economic growth rates look almost medieval in rich countries too

Even before the recent bad news, growth rates had slowed down in most rich countries, to historically low levels in some cases.

Does Modi’s population control call signal India unable to leverage demographic dividend?

In his Independence Day speech, PM Narendra Modi said India needs to control its population.
Reserve Bank of India Headquarters, in Mumbai | PTI

Outlook for India’s growth is bleak and RBI forecasts this year nail it

RBI cuts growth forecast for 2019-20 for the third time in 6 months — to 6.9% from 7.4%.

On Camera

The victim's pyre burns amid heavy police presence in her village, Boolgarhi | Manisha Mondal | ThePrintIndia

Dear upper caste Indians, Hathras is not another Nirbhaya. It is a Khairlanji

From Kilvenmani massacre in 1968 to the Chunduru massacre in 1991 to the Khairlanji atrocity in 2006, Dalits have been vainly hoping to access legal justice in India.
An employee counts Indian rupee banknotes at a Walmart Inc. Best Price Modern Wholesale store in Hyderabad, India, on 16 March 2019 (Representational Image) | Photo: Dhiraj Singh | Bloomberg

In ‘Diwali bonus’, govt waives interest-on-interest even for those who didn’t opt for moratorium

After its affidavit to SC, govt orders issues waiver norms including cashback by 5 November. All standard accounts up to 29 February eligible for benefits.

Defence

INS Vikramaditya | @DefenceDecode | Twitter

Navy demonstrates combat readiness with video of missile destroying ship in Arabian Sea

The missile was fired by frontline corvette INS Prabal as part of a mega naval drill involving aircraft carrier INS Vikramaditya, attack helicopters, and aircraft.
Illustration by Soham Sen | ThePrint Team

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.