Growth | The Asian Age

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There is a whole bunch of things that the finance minister just announced. There will be more. Of course, there is a Budget in few months from now where bigger and more clear vision for next few years will be unveiled," said Principal Economic Adviser Sanjeev Sanyal. (Photo: File)

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.

18 Sep 2019 12:42 PM

With regard to structural reforms, RBI Governor Shaktikanta Das said the RBI has already pointed out in its annual report. (Photo: File)

5 pc Q1 growth surprise; economy will look up with measures taken: RBI Gov Das

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sep 2019 7:28 PM

However, this argument is not breaking the ground as most of the states are of the view that slowdown in these sectors is because of cyclical and structural issues and not because of GST rates, an official said. (Photo: File | Representional)

GST Council meets next Friday; tax rate cut to hinge on revenue position

The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.

13 Sep 2019 7:19 PM

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.

India's growth likely to reach a trough in June qtr; recovery to be elongated: UBS

According to the UBS India financial conditions index, growth may have reached a trough in the June 2019 quarter.

02 Sep 2019 2:57 PM

CII President Vikram Kirloskar said the macro impact of the economic package announced can be expected to be significant. (Photo: File)

Stimulus package will boost growth and stabilise economy: CII

CII said the measures announced come at a time when the world economy is buffeted by global headwinds and trade slowdown.

25 Aug 2019 4:43 PM

The government will work closely with the exporters to identify all the issues, both domestic and overseas.

Exports growth to be in double digits this fiscal: Commerce Secretary

Growth in exports was between nine and ten per cent and the volume touched USD 331 billion.

14 Aug 2019 4:57 PM

Consumers were dis-saving and consuming more than their income, helped by increasing access to the leverage. Such growth has its own limits, said SBI MF chief investment officer Navneet Muhnot.

Consumption-driven growth causing 'serious slowdown' warns SBI MF

Personal consumption spend has outgrown household income, leading to household savings plummeting to a low 21 pc.

14 Aug 2019 9:52 AM

In the last four months alone, the company has outstripped the total business done in the previous year.

University Living registers a 300 pc growth in its global business in FY 2019

The company has established a robust global presence in more than 180 international cities across markets.

13 Aug 2019 9:05 AM

There was a slowdown in the manufacturing sector, which grew at 1.2 per cent in June 2019 as compared to 6.9 per cent a year ago. (Photo: Representational)

Industrial production growth slows to 4-month low of 2 per cent in June

Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018.

09 Aug 2019 7:31 PM

The IATA statistics informed that Russia has topped the growth charts once again with 10.3 per cent slipping down marginally from 10.6 per cent it had registered in May, 2019. (Photo: Representative)

Indian domestic air passenger market clocks 7.9 per cent growth in June: IATA

The Indian domestic air passenger traffic which shares 1.6 pc of the total global air passengers market stood at 5.1 pc in May, 2019.

08 Aug 2019 6:49 PM

Some experts recommend that 60 to 70 per cent of shared reading conversations should be easy, but 30 to 40 per cent should challenge children to learn new concepts. (Photo: Representational/Pixabay)

Asking questions to children is significant for development

Preschool teachers ask children less and simple question: Study.

29 Jul 2019 11:10 AM

Photo: Poonam Muttreja, Executive Director, Population Foundation of India

Population Regulation Bill, 2019: Misreading of India’s demographic trajectory.

The bill suggests that government employees should give an undertaking that they will not procreate more than two children.

16 Jul 2019 11:08 AM

The interactive nature of games makes them different from all other forms of entertainment like film, television, music and theater. (Photo: Pixabay)

Skill gaming industry: The road ahead

The cost of playing online games have plummeted, thanks to affordable internet connectivity.

08 Jul 2019 12:16 PM

The Code on Wages bill seeks to improve the ease of doing business and attract investment for spurring growth. (Representional Image)

Cabinet approves Code on Wages bill

The Code on Wages is one of the four codes that would subsume 44 labour laws with certain amendments.

03 Jul 2019 7:53 PM

India still continues to be the fastest growing economy, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday. (Photo: File)

‘Economic growth high on agenda of govt,’ says Nirmala Sitharaman

Finance Minister Sitharaman said in the last quarter, there could have been a fall and steps have been taken to improve the economy.

03 Jul 2019 8:55 AM

Steel and electricity output increased by 19.9 per cent and 7.2 per cent, respectively, during the month under review. (Representational Image)

Eight core sectors grow by 5.1 per cent in May

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.

01 Jul 2019 7:59 PM

The survey showed that Indian businesses have the greatest investment appetite across the 14 markets and none mentioned any plans to decrease their level of investment. (Representational Image)

Indian companies optimistic about their growth prospects: HSBC

Survey showed that businesses in India are very optimistic about their growth prospects, despite subdued macro-economic conditions.

26 Jun 2019 3:05 PM

Panagariya, who served as the first Vice Chairman of the NITI Aayog from January 2015 to August 2017, underscored that for trade to grow, the country has to be open. (Photo: File)

Export-led growth very critical for good jobs in India: Arvind Panagariya

We need to get to 8-10 per cent growth if good jobs are going to be provided, said Arvind Panagariya.

25 Jun 2019 4:55 PM

The first budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8 per cent in 2018-19. (Photo: File)

Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

The public sector banks would also require capital for the credit growth, which has just started picking up.

16 Jun 2019 3:27 PM

The revenue growth in consumer-linked sectors was only 3.8 percent in the fourth quarter of FY19 on a year-on-year basis, down from 27.9 percent in the third quarter of FY19. (Photo: Representational)

India Inc revenue growth hits six-quarter low in Q4: Report

Commodity linked sectors revenue growth slowed to 12.4 percent in the January-March quarter of FY19.

13 Jun 2019 7:27 PM

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Sanjeev Ahluwalia