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

IMF is ‘a little less optimistic’ about India’s growth than it was a few months ago: Gita Gopinath

The IMF chief economist said India suffered this year because of weakness in rural demand, and problems in the non-banking financial sector, among other things.

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· Oct 20, 2019 · 09:12 pm

IMF slashes India’s GDP growth projection to 6.1% for 2019-’20, cites ‘sector-specific weaknesses’

The fund’s Chief Economist Gita Gopinath claimed major economies were slowing down because of ‘idiosyncratic reasons’ but were expected to recover in 2020.

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· Oct 15, 2019 · 07:43 pm

Credit rating agency Moody’s says India’s economic slowdown is driven by long-lasting factors

Moody’s added that it saw India’s Gross Domestic Product as growing at 5.8% in the 2019-’20 financial year.

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· Oct 10, 2019 · 07:04 pm

India’s GDP growth is likely to slow down to 6% this year from 7.4% in 2018, says UN trade body

A 6% growth rate in 2019 would be the slowest annual economic growth in seven years.

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· Sep 27, 2019 · 06:05 pm