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Total 63 results found. Search for [ Fitch cuts GDp growth ]

Results 1 to 21 of 63
BusinessToday.In
New Delhi, December 3, 2019
The rating action comes days after India's GDP growth hit a six-and-half-year low of 4.5 per cent in the second quarter of the current fiscal


BusinessToday.In
New Delhi, November 26, 2019
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


PTI
New Delhi, November 14, 2019
\"What is troubling about the current slowdown is that consumption demand has cooled notably,\" said Moody's as it cuts India's growth forecast


PTI
November 8, 2019



PTI
New Delhi, November 6, 2019
Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak GST and corporate income tax collections


BusinessToday.In
New Delhi, November 5, 2019
MOSPI is waiting for Annual Survey of Industries and Consumer Expenditure Survey before finalising the new base year, after which the proposal will be tabled before respective committees


BusinessToday.In
New Delhi, October 25, 2019
Infosys asks law firm, auditors to complete 'unethical practices' probe in 2 weeksAs the probe into the allegations of \"unethical practices\" deepens with Sebi and US Securities and Exchange Commission investigating the matter, Infosys has also stepped up efforts on its part to allay fears of its investors. Infosys' audit committee has retained law firm Shardul Amarchand Mangaldas & Co to conduct an independent probe into the allegations. The company has both Shardul Amarchan...


PTI
New Delhi, October 24, 2019
Fitch said the recent government measures to boost economy including a cut in corporate tax rates will gradually nudge growth


PTI
October 24, 2019



BusinessToday.In
October 10, 2019
Earlier in August 2019, the rating agency had revised GDP growth estimate to 6.7% from its earlier forecast of 7.3%


Reuters
New Delhi, September 4, 2019
With economic growth falling to a six-year low of 5% in the April-June quarter, the sources said the government could toward the end of 2019 be forced to raise the fiscal deficit target to 3.5% of GDP from 3.3%, amid pressure for additional stimulus measures.


BusinessToday.In
New Delhi, September 2, 2019
DBS expects another 15-25bps cut in interest rate in December, citing challenging global conditions and a dovish Federal Open Market Committee (FOMC)


PTI
New Delhi, September 2, 2019
After slumping to an over six-year low, India's economic growth will pick up over the coming quarters but the rebound is expected to be weaker than before, said Fitch


Reuters
August 16, 2019
ANZ's estimate of gross domestic product (GDP) growth is now well below the expectations of other banks, and a long way from the Reserve Bank of India's (RBI) forecast of 6.9% forecast, which itself was cut from 7.0% this month


PTI
New Delhi, August 16, 2019
RBI on August 7, had cut benchmark repurchase and reverse repurchase rates by an unconventional 35 bps, slightly higher than market expectations of a 25 bps cut


PTI
Mumbai, June 20, 2019
Das, as per the minutes of the June 3-6 Monetary Policy Committee, said that since the last meeting of the rate-setting panel in April 2019, greater clarity has emerged about the evolving macroeconomic situation.


BusinessToday.In
New Delhi, June 18, 2019
Hiring activity increases 11% in May; IT, BPO, education take the lead: reportHiring activity registered 11 per cent jump in May over the corresponding month last year. This uptick has been fuelled by recruitment activity in the IT-software sector, BPO and education according to the Naukri JobSpeak report. The Naukri JobSpeak Index for May 2019  stood at 2,346, while in May 2018 it was 2,106.Anil Ambani falls off billionaire club; equity wealth crashes from $42 bn to $0.5 bnAnil Ambani, ...


BusinessToday.In
New Delhi, June 17, 2019
Fitch Ratings has retained its GDP growth forecast for FY21 and FY22 at 7.1 per cent and 7 per cent, respectively


PTI
June 17, 2019



PTI
New Delhi, April 30, 2019
Ind-Ra had earlier projected India's gross domestic product (GDP) growth at 7.5%; reasons for the downward revision are the prediction of lower-than-normal monsoon, continued agrarian distress, and the loss of momentum in the industrial output growth


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