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Tuesday, July 22, 2025
TopicIndia's GDP

Topic: India's GDP

Indian businesses are getting desperate as there’s no sign of fiscal package from Modi govt

As their cash-flow dries up, and in the absence of any fiscal support, many Indian businesses say they will be forced to cut jobs to curb costs.

Blame Modi govt’s political, social agenda for slowdown, says Raghuram Rajan

Former RBI governor Raghuram Rajan says Modi govt has focused more on fulfilling its political and social agenda rather than paying attention to economic growth.

China never had to learn English like India because its economy relied on manufacturing

Contrary to China, whose post-1993 growth acceleration was concentrated on the manufacturing sector, India’s growth was service driven.

IMF cuts India growth forecast to 4.8%, flags stress in non-bank financial sector

IMF chief economist Gita Gopinath cites decline in rural demand growth and an overall credit sluggishness for lowering of India forecasts.

There’s hope for Indian economy if it becomes No. 1 priority of Modi govt instead of CAA

Govt can do more with its money. But question is how much political capital it’s willing to spend on economic reform, which could upset one section or another.

Govt working on more measures to boost economy, says Nirmala Sitharaman

GDP growth slowed to an over-six-year low of 4.5 per cent in the second quarter of the current fiscal year, from 5 per cent in the first quarter.

India’s GDP grows at 4.5% in Q2, lowest in more than 6 years

Led by contraction in manufacturing, GDP growth 0.5% points lower than the 5% registered in Q1 of 2019-20, and will put further pressure on Modi govt.

Migrant workers sent more money to India than any other country last year

The World Bank estimates remittances to low and middle-income countries reached a record high of $529 billion in 2018, an increase of 9.6 per cent from 2017.

Corporate tax cuts likely to widen India’s budget gap to four-year high

In wake of the corporate tax cuts, India’s fiscal deficit may rise to 3.9% of GDP by March 2020, compared with a target of 3.3% set in July.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.