Economy

Slowdown in manufacturing activity pulled India's GDP growth rate in second quarter (Q1) ended September down to 4.5 per cent, marking the fifth successive quarter of decline.   Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from...
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Ratings agency Moody's Investors Service has projected Centre's fiscal deficit to be about 3.7% of the gross domestic product (GDP) in 2019-20, which will be slightly wider than the 3.4% posted in fiscal 2019.   The government has kept a fiscal deficit target of 3.3% of the GDP for...
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Finance minister (FM) Nirmala Sitharaman on Wednesday told the Rajya Sabha that even though the gross domestic product (GDP) growth of India might have come down, the country had not entered a recessionary phase.    Speaking in the Rajya Sabha during a debate on the state of economy,...
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India Ratings and Research (Ind-Ra) from the Fitch Group has revised its gross domestic product (GDP) growth forecast for the country for FY19-20 to 5.6%.   This is the fourth revision and has come in after the agency had revised its FY19-20 GDP growth forecast only a month ago to...
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Good news seems to distance itself from the Indian economy. The index of industrial production (IIP) at 4.3% in September 2019 is at its lowest in seven years; business confidence index of National Council of Applied Economic Research (NCAER) is also down by 22.5% from last year’s second...
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