Search Results for: fiscal deficit

Is India in the midst of an economic slowdown? Can it get worse?

Rapidly falling auto sales through successive months provide the most telling indication of the economy's slide as most sectors shed growth momentum; government mulls stimulus package for growth

Aug 14, 2019

Finance ministry working on stimulus package to pull economy from brink of slowdown

The stimulus could cover the financial markets that have shown big volatility in recent weeks and particularly after the presentation of Union Budget on July 5 that raised tax surcharge on FPIs.

Aug 14, 2019

India Inc wants Rs 1 lakh crore stimulus package

Industry top officials said the government has assured them to take steps soon to boost the economic growth.

Aug 9, 2019

US-China trade war could trigger prolonged global recession this year

Is global economy slipping into a recession? Key indicators paint glum picture

Almost all main economic and industrial indicators that provide a reliable guide to the business cycle confirm the economy has already slowed severely.

Aug 8, 2019

BSNL privatisation: Salary delay, worsening fiscal crisis intensify speculation

Industry observers claim the government's focus shifted to BSNL and MTNL after speeding up the privatisation procedures of national carrier Air India.

Aug 5, 2019

Maruti Suzuki's July sales down by 33.5%

A total of 109,264 units were sold last month, compared to the off-take of 164,369 units recorded during the corresponding period of the previous financial year.

Aug 2, 2019

Airtel posts colossal Q1 loss of Rs 2,866 cr on one-time hit

Airtel said in a statement that with the adoption of IndAS 116, effective April 1, 2019, the results and ratios for the quarter ending June are not comparable with previous periods.

Aug 2, 2019

India Inc. goes for cost optimisation amid slowdown in economy

The Indian economy grew at a five-year low of 5.8 percent in the quarter ended March 31st, as per the latest government data.

Jul 30, 2019

Mahesh Kumathalli, Ramesh Jarkiholi and R Shankar

Karnataka's 3 disqualified MLAs to appeal Speaker's order

The disqualified legislators are Ramesh Jarkiholi and Mahesh Kumatahalli of the Congress and R Shankar of the KPJP.

Jul 27, 2019

China expanding military might in Indian Ocean Region: Admiral Karambir Singh

Indian Navy chief Admiral Karambir Singh said China's increasing military capabilities, despite its budget limitations, have been a cause of concern for the Indian armed forces

Jul 26, 2019

PMO asks Finance Minister to re-examine sovereign bond proposal

The PMO has asked the ministry to seek more consultation from stake-holders before proceeding with any plans.

Jul 26, 2019

Tata Nano at manufacturing plant in Gujarat

India's automobile industry to bleed 1 million jobs due to persistent slowdown

The job losses are happening in the major hubs, including Gurgaon-Manesar belt of Haryana, Pune, Jharkhand's Jamshedpur and some parts of Madhya Pradesh's Pithampur.

Jul 25, 2019

Heavy rain in Kerala to continue for 4 more days, death toll reaches 4

Even as the monsoon intensifies across the state, the state is facing a 17 per cent rain deficit.

Jul 21, 2019

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RIL Q1 consolidated net profit up by 6.8% to Rs 10,104 cr

The company's consolidated net profit (attributed to the owners of the company) during the first quarter of FY 2019-20 rose to Rs 10,104 crore, against Rs 9,459 crore reported during the corresponding period of the previous fiscal.

Jul 20, 2019

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Here's why export-led growth is required for a new India

The Economic Survey 2019 has rightly identified that no country had ever grown fast without buoyant exports.

Jul 18, 2019

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