Slowdown in economy is ‘very worrisome’, bold reforms needed, says Raghuram Rajan

The former RBI governor advised the Centre to immediately fix problems in power and non-bank financial sectors, and enact reforms to spur private investment.

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· 2 hours ago

Priyanka Gandhi calls BJP government’s silence on job losses, closure of companies dangerous

The Congress leader’s comments came amid a severe crisis in the automobile sector as sales have hit their lowest levels in nearly two decades.

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· Yesterday · 01:28 pm

Need a body like GST Council for public spending to revive growth, says Bibek Debroy

Focused and strategic expenditure by the Centre and states together could yield efficiency gains, the chief of the Economic Advisory Council to the PM said.

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· Yesterday · 12:57 pm

‘Threat of economic recession is looming over the country,’ says Mayawati

The Bahujan Samaj Party chief urged the Centre to take note of current economic conditions and said traders are being forced to commit suicide.

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· Aug 18, 2019 · 08:23 am

Wholesale price inflation fell to two-year low of 1.08% in July, shows data

LPG became cheaper by 15.01% compared to July 2018, and petrol prices fell 5.02% while high-speed diesel cost 3.72% less.

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· Aug 14, 2019 · 01:35 pm

Industrial production grew by just 2% in June, shows government data

The cumulative industrial growth over the April-June period stood at 3.6%.

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· Aug 09, 2019 · 07:04 pm

Nirmala Sitharaman denies reviewing overseas sovereign bonds: The Economic Times

The finance minister’s clarification came after a report claimed that the Prime Minister’s Office had asked the ministry to reassess the idea.

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· Jul 28, 2019 · 03:48 pm

India is facing a ‘silent fiscal crisis’ due to shortfall in tax revenues, says adviser to PM Modi

Rathin Roy, a member of the Economic Advisory Council to the Prime Minister, urged the Centre to issue a white paper on medium-term fiscal framework.

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· Jul 23, 2019 · 11:03 am

$5 trillion economy isn’t coming out of heaven, former governments laid foundation: Pranab Mukherjee

The former president said the Congress rule built a strong foundation of $1.8 trillion from almost zero.

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· Jul 19, 2019 · 11:22 am

‘Government pessimistic about economy’: P Chidambaram attacks Economic Survey 2019

The Congress leader and former finance minister also called the report ‘self-congratulatory’.

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· Jul 04, 2019 · 08:12 pm

Economic Survey to be tabled in Parliament today by Chief Economic Adviser KV Subramanian

The Economic Survey summarises the performance of major development programmes and policy initiatives, and contains a forecast of the economy’s prospects.

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· Jul 04, 2019 · 08:25 am

Nirmala Sitharaman says government has not assessed impact of demonetisation on economy

The finance minister said that in the last quarter, there could have been a decline but steps have been taken to improve the economy.

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· Jul 02, 2019 · 05:28 pm