Slowdown Blues

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Slowdown Blues

Slowdown Blues: Cement production contracts for 3rd month in a row
So far in the fiscal year 2019-20, the cement production has declined in four months out of seven
'Remains to be seen if we have bottomed out': SBI report on GDP growth slowdown
The report says the full-year growth would be around 5 per cent, with a marginal recovery in Q3 and Q4; adds the RBI may announce more rate cuts of up to 25 basis points in its upcoming policy meet
Slowdown Blues: Maruti sales fall again in November, decline 3.3%
The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession
Economic slowdown: Q2 GDP growth rate to be announced today; Modi govt's worst fear may come true
Q2 GDP growth rate: India's swift growth is not only significant for the country but for the world economy too as India accounts for 7.7 per cent of the world GDP
'Not a recession yet': FM Sitharaman calms nerves on economic slowdown
"India's real Gross Domestic Product (GDP) growth was at 6.4 per cent at the end of 2009-2014, whereas between 2014-2019 it was at 7.5 per cent," stated FM Sitharaman
Slowdown Blues
Warning signs are becoming more apparent - employment is down, consumption is falling, capital formation is at a low...
Slowdown Blues: India's steel production declines 3.4% in Oct; steepest drop in almost 4 years
The last time steel production had fallen in a month was in March 2019 when the decline was 1 percent
Ind-Ra revises India's GDP forecast, cuts it down to 5.6% for FY20
Ind-Ra said that even GDP growth of 5.6 per cent will "require heavy lifting by the government". It warned that sticking to the fiscal deficit target of 3.3 per cent could push GDP growth even below 5.6 per cent
Slowdown Blues: NCAER sees GDP growth falling to 4.9% in Q2, current fiscal
For the full fiscal 2019-20, the Delhi-based National Council of Applied Economic Research (NCAER) has pegged GDP growth at 4.9 percent as against 6.8 percent in 2018-19.
Slowdown Blues: Petrol, diesel demand in September lowest in 2 years; crude import falls
The fall in consumption of petroleum products has also led to the decrease in crude oil imports by 15 per cent in September. Consumption of fuel is likely to remain low in the coming months as well.