India is in the midst of growth recession, says Raghuram Rajan

The former RBI governor said Hindu nationalism incites social tensions as well as hampers the country’s economic growth.

Scroll Staff

· Yesterday · 11:49 am

‘Economy pushed into a coma by BJP’: Opposition blames Modi, Sitharaman for slump in GDP growth

Government figures showed that Gross Domestic Product had contracted to 4.5% in the July-September quarter – the slowest growth rate in more than six years.

Scroll Staff

· Nov 30, 2019 · 08:40 am

Cabinet approves sale of government stakes in Bharat Petroleum and four other public sector units

The Bharat Petroleum sale will not include the strategic Numaligarh refinery in Assam, Finance Minister Nirmala Sitharaman told reporters in New Delhi.

Scroll Staff

· Nov 20, 2019 · 10:58 pm

Output of eight core industries contracts 5.2% in September, worst decline in 14 years

An economist at Ratings and Research said that this clearly indicated the severity of the ongoing industrial slowdown.

Scroll Staff

· Oct 31, 2019 · 10:57 pm

Growth in eight core sectors dives to 2.1% in July from 7.3% last year, says government data

The figure is is marginally better when compared to the 0.2% growth in the month of June.

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· Sep 02, 2019 · 06:30 pm

India’s core industries grew 0.2% in June, slowest in over four years, shows government data

The Congress said the situation required emergency action.

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· Jul 31, 2019 · 09:09 pm

Arvind Subramanian defends his claim that GDP growth rate was overestimated between 2011 and 2017

The former chief economic adviser said he had expressed doubts about the growth numbers in the 2015 Economic Survey and mid-year economic analysis.

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· Jul 19, 2019 · 01:42 pm

While Sri Lanka grows richer, India remains a lower-middle-income nation

India is the only BRICS country in the World Bank category.

Chaitanya Mallapur, IndiaSpend.com

· Jul 05, 2019 · 01:30 pm

Economic Survey: ‘Blue sky’ thinking for India’s future runs into dark clouds of reality

The pre-Budget document avoids bombast, and presents a sobering picture of the year ahead for India.

Rohan Venkataramakrishnan

· Jul 04, 2019 · 06:39 pm

‘Clear evidence of economy losing traction, need decisive monetary policy action’: RBI governor

Shaktikanta Das made the remark while voting to cut interest rates by 25 basis points during the Monetary Policy Committee’s meeting earlier this month.

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· Jun 21, 2019 · 11:41 am

Indian economy will grow at 7.5% in 2019-’20, says World Bank as it warns against ‘skirmishes’

The World Bank said that uncertainty from the possibility of a no-deal Brexit can also impact South Asian economies, including India.

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· Jun 05, 2019 · 03:02 pm

India’s lead over China as world’s fastest-growing economy will widen in coming years: Report

India’s GDP growth will hover near 7.5% by 2020, according to the Organisation for Economic Cooperation and Development.

Nupur Anand, qz.com

· May 25, 2019 · 01:30 pm