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Total 81 results found. Search for [ Fitch cuts India growth ]

Results 1 to 21 of 81
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


Dipak Mondal
New Delhi, October 31, 2019
Net tax revenue has to grow 42 per cent to achieve FY20 budget target of Rs 16.5 lakh crore, which appears to be a daunting task, says Dr. Devendra Pant, Chief Economist, India Ratings and Research (Fitch Group)


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%


Joe C Mathew
New Delhi, September 25, 2019
Are we seeing the beginning of high inflation days? Experts feel that while inflationary trends may continue, matters will remain in control, at least for now


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.


Reuters
Manesar, September 4, 2019
Nationwide, according to industry estimates, automakers, component manufacturers and dealers have laid off about 350,000 workers since the start of the year, in response to plunging car sales


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 29, 2019
India's economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed, as consumer demand and private investment weakened at a time global trade frictions have dampened business sentiment.


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.


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