Economic Slowdown | The Asian Age

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In coming days, BMS has planned to protest against decision to allow 100pc FDI in coal mining, rising unemployment, economic slowdown. (Photo: ANI)

RSS' labour wing BMS opens front against Modi government's economic policies

BMS would protest from Sep 23 to 27 to press for rollback of recent government decision on 100 pc FDI in coal mining.

11 Sep 2019 6:23 PM

The government has announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth, said the minister. (Photo: ANI)

Modi government has taken landmark steps in past 100 days: Sitharaman

Listing major achievements in first 100 days, FM said creating robust infrastructure is imperative for fast-growing economy like India.

10 Sep 2019 5:31 PM

The government has neither a solution nor the 'strength' to assure people in the country, Priyanka Gandhi said. (Photo: File | ANI)

Modi govt's silence on economic slowdown very dangerous: Priyanka Gandhi

'Excuses and rhetoric' will not work, the Congress general secretary said on Twitter.

06 Sep 2019 12:28 PM

The government announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.

Banks merger reflects govt resolve to address economic slowdown: India Inc

Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.

31 Aug 2019 11:08 AM

'What is needed is that the government should make the situation absolutely clear. It should find a solution to prevent job losses. It should assure companies-investors and encourage new investments and jobs. The government should take meaningful steps," she said. (Photo: ANI | File)

Govt indulging in media management in name of finding solution: Priyanka Gandhi

Her remarks come after the government on Friday announced a raft of measures.

25 Aug 2019 6:06 PM

The first Budget of Modi 2.0 has frightened top-tier business and industry, which produces about 90 per cent of the nation's wealth.

That sinking feeling

Official figures released last week show eight core sectors grew in June at a mere 0.2 per cent, the lowest in about five years.

04 Aug 2019 12:32 AM

Jyothi Laboratories' Ullas Kamath opined that the fixing the slowdown could be done by increasing the consumption for which salaries should have gone up. (Photo: Representational)

Budget 2019: Little done to address economic slowdown, says FICCI Karnataka

FICCI felt there was little done to address the economic slowdown while health and education did not get the required filip.

05 Jul 2019 8:01 PM

A report by DBS said that recovery in Indian economy would "critically" depend on the initiatives taken by the government. (Representational Image)

Economic slowdown bottomed out, recovery depends on initiatives by govt: D&B

D&B expects CPI inflation to be in the range of 3.3-3.5 per cent and WPI inflation to be in the range of 2.7-2.9 per cent in October.

23 Oct 2017 4:09 PM

Asia’s third-largest economy has cooled rapidly over five consecutive quarters as small-and-medium-sized businesses across India report tumbling sales. Photo: AP

As India's smaller firms struggle, Modi faces stimulus dilemma

The economy grew at an annual 5.7 percent year-on-year in the three months to end-June, its slowest in three years.

10 Oct 2017 9:49 AM

European Commission President Jean-Claude Juncker. (Photo: AFP)

Jean-Claude Juncker says 5.7 per cent GDP is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

07 Oct 2017 11:33 AM

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Govt expects helping hand from RBI in form of rate cut amidst slowdown

The Monetary Policy Committee of the RBI is scheduled to come out with next bimonthly monetary policy decision on October 4.

02 Oct 2017 12:33 PM

Former RBI Governor C Rangarajan on Sunday said the government needs to take quick measures to push the growth.

Govt needs to take measures to push growth: C Rangarajan

The government needs to take quick action for the economy to pick up 'really fast', Rangarajan said.

01 Oct 2017 5:43 PM

Assocham has urged the government to relax fiscal deficit targets and boost public expenditure as a means to accelerate India's economic growth. Photo: AP/Representational

Govt should relax fiscal deficit targets, boost expenditure: Assocham

It said India Inc is looking up to the government to take the 'out of ordinary' measures to accelerate growth.

01 Oct 2017 2:32 PM

Prime Minister Narendra Modi on Monday set up an economic advisory council to look into issues of macroeconomic importance. Photo: Pritam Bandyopadhyay

Modi forms economic council headed by Niti's Bibek Debroy amidst slowdown

The figures piled pressure on Modi, who was widely criticised by the opposition for his demonetisation move last year.

26 Sep 2017 9:53 AM

Finance Minister Arun Jaitley, at a meeting with top bureaucrats on Tuesday, took stock of the sluggish growth in the economy. Photo: PTI

Finance Minister Arun Jaitley meets officials to address economic slowdown

This meeting took place after the one with Prime Minister Narendra Modi got cancelled earlier in the day.

20 Sep 2017 11:29 AM

SBI Research on Tuesday said the economic slowdown is real and not technical. Photo: AP/Representational

SBI reports says economic slowdown is real, not just technical

The note comes days after Amit Shah attributed the slowdown to 'technical reasons' without elaborating on the same.

19 Sep 2017 3:10 PM

Prime Minister Narendra Modi. (Photo: AP).

Stressed balance sheets cast cloud over India rebound

Private capital investments contracted 2.1 per cent in first three months of this year despite surge in govt spending.

09 Jun 2017 9:25 AM

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Sunil Gatade