India ninth largest recipient of FDI in 2019, will generate investments, says UN trade body

The report, however, noted that global foreign investment flows are likely to plunge by up to 40% in 2020.

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· Jun 16, 2020 · 01:38 pm

Covid-19: India’s core sector output shrank 6.5% in March, shows government data

Cement production fell by a whopping 24.7% year-on-year in March.

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· Apr 30, 2020 · 07:14 pm

Covid-19: Goldman Sachs cuts India’s GDP growth forecast to 1.6% from 5.8% for 2020-’21

The report said that Indian policymakers have not been aggressive enough in their response to the crisis so far, and will need to strengthen their attempts.

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· Apr 08, 2020 · 07:35 pm

Covid-19: Asian Development Bank cuts India’s growth forecast to 4% from 6.5% for 2020-’21

Growth in India will remain subdued after a sharp slowdown last year, the bank predicted.

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· Apr 03, 2020 · 11:03 am

GDP growth slowed to seven-year low of 4.7% in October-December, shows government data

The government retained its estimate of 5% GDP growth for 2019-’20.

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· Feb 28, 2020 · 06:04 pm

Indian economy has hit ‘a trough’, hope to achieve 6-6.5% in 2020-’21, says chief economic advisor

The chief economic advisor pointed out that firms that had borrowed a lot of funds between 2008 and 2012 had invested less during the 2013-’17 period.

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· Jan 31, 2020 · 05:55 pm

World Bank lowers India GDP growth projection for 2019-’20 from 6% to 5%

However, the growth is likely to recover to 5.8% in the following year, the World Bank said.

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· Jan 09, 2020 · 12:31 pm

GDP growth to slow down to 11-year low of 5% in 2019-’20, forecasts government

The RBI had also lowered its projection for this year’s economic growth to 5% last month.

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· Jan 07, 2020 · 06:12 pm

Moody’s lowers India’s projected growth rate to 5.6% in current financial year

The international rating agency said it was troubling that consumption demand had ‘cooled notably’.

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· Nov 14, 2019 · 03:07 pm

Moody’s lowers India outlook to ‘negative’, but government says fundamentals remain robust

The international rating agency cited increased risks, pointing out that the prospect of more reforms to boost business investment and growth had diminished.

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· Nov 08, 2019 · 10:37 am

Shiv Sena blames BJP-led central government for sluggish market during Diwali

The party blamed demonetisation and the implementation of the Goods and Services Tax for the economic slowdown.

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· Oct 28, 2019 · 12:11 pm

India needs more reforms, innovation to boost economic growth, says World Bank president

David Malpass also called for setting up of local courts, fast-track commercial dispute resolution mechanism, and land data digitisation measures.

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· Oct 27, 2019 · 11:04 am