Slowdown Blues

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Slowdown Blues

Slowdown Blues: Project tenders in infra fall for 4th month in a row
The decline in the month was largely attributed to sectors such as roadways, community services, water supply, real estate and power distribution
Auto slowdown: Bosch's India unit to cut workforce by 'a couple of thousands'
The company would let go around 10 per cent of the total workforce of 3,700 white-collar employees in India as part of the company's strategy to transform amidst the downturn in the automotive sector, Bhattacharya says
Demonetisation, GST continued to impact India's consumption story in 2019
The number of unemployed reached an all-time high in 2019 and thus impacted consumption. To add to this, the government's spending in rural India was well below satisfaction
IMF flags issues with India's GDP calculation method; says it's complex
The International Monetary Fund in its latest report has pointed out discrepancies in calculating deflation, which is used to convert GDP at current prices to constant prices
With over a dozen absentees, slowdown casts a shadow over Auto Expo 2020
More than a dozen automakers including two wheeler manufacturer Hero MotoCorp, Honda Motorcycles and, Honda Cars India, Ford, Nissan and Ashok Leyland are all giving it a miss this time
IMF economist Gita Gopinath hints India's dream to achieve $5 trillion economy doubtful
Gopinath said India will have to grow at 10.5 per cent in nominal terms as against 6 per cent in the last six years, and 8-9 per cent in real terms in order to achieve the target
India should focus on structural, labour reforms to overcome economic slowdown: Gita Gopinath
Gopinath rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth
Slowdown Blues: It's not ordinary but 'Great Slowdown', Indian economy headed towards ICU, says ex-CEA Arvind Subramanian
Subramanian explains how after the NBFC crisis, banks turned cautious and stopped lending to small businesses, leading to a major fall in credit flow from Rs 20-lakh crore in FY19 to 'virtually nothing' in current fiscal
Slowdown Blues: Industrial output shrinks 3.8% in October
The Indices of Industrial Production for the mining, manufacturing and electricity sectors for the month of October 2019 declined 8.0 per cent, 2.1 per cent, and 12.2 per cent, respectively
India's economy to grow at 4.3% in Q4 2019: Nomura
Contrary to the market's current optimism that growth has likely bottomed, Nomura believes it will slide further