Search Results for: weakening consumption

Good news for home, auto buyers: RBI makes external benchmark-based interest rate mandatory from Oct 1

The step is another attempt by the central bank to spur growth in the economy, which registered the slowest growth to a six-year low of 5 per cent in the April-June quarter.

Sep 5, 2019

Q1 GDP growth at 5 percent, lowest in 6 years

A culmination of factors such as high GST rates, natural calamities, subdued farm produce prices, stagnant income levels and low job generation has led to the slowdown.

Aug 31, 2019

RBI annual report calls economic situation grim in FY20

The central bank in its review said that external demand operated as a drag for the second successive year.

Aug 30, 2019

After Moody's, Fitch turns bearish on Indian economy, slashes GDP projection to six-year low

Calling FM Nirmala Sitharaman's stimulus package for the automobile sector "too little, too late" to prevent a further drop in vehicle sales, Fitch Solutions Macro Research said the measures are only going to support the sector in the medium term.

Aug 29, 2019

Big changes for personal income tax rates in offing? Tax panel submits report

People earning between Rs 5 lakh and Rs 10 lakh per year may have to pay 10 per cent income tax.

Aug 29, 2019

Big FDI reforms: From coal mining to digital media

The existing FDI policy provides for 100 per cent FDI under automatic route in the manufacturing sector but there was no specific provision for contractual manufacturing.

Aug 29, 2019

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

The 154-year old group witnessed a massive downgrade of its flagship firm Shapoorji Pallonji & Co. due to the slowdown in the core sector.

Aug 24, 2019

india, moody, lobbied, economy, modi, budget 2017

Moody's slashes India's GDP growth forecast to 6.2% for 2019 from 6.8%

The current year has already witnessed sluggish growth since the beginning. GDP growth rate recorded in the first quarter (January-March) of this calendar year was lowest in five years at 5.8%.

Aug 24, 2019

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Mayank Shah stated that job cuts are only an eventuality that Parle may look at if the current economic slowdown continues.

Aug 23, 2019

Amazon opens its largest campus globally in e-commerce push

The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on a small-scale neighbourhood and mom-and-pop stores.

Aug 21, 2019

Tesla shows interest in building large e-battery plants in India

If India slashes crude consumption it can save precious foreign exchange, besides controlling pollution in major cities.

Aug 19, 2019

Jagrit Pratap Singh and Pranav Rastogi speak on engaging over a million fans monthly

By bringing in small town content creators from various backgrounds into limelight, they've revolutionized the content industry in India for good

Aug 18, 2019

PM-inspired stimulus package may come as early as this weekend

The January-March quarter GDP has slowed down to 5.8 per cent, the lowest in five years, which has caused pain points to emerge all across the economic vector.

Aug 16, 2019

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

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Search Results for: weakening consumption

Good news for home, auto buyers: RBI makes external benchmark-based interest rate mandatory from Oct 1

Q1 GDP growth at 5 percent, lowest in 6 years

RBI annual report calls economic situation grim in FY20

After Moody's, Fitch turns bearish on Indian economy, slashes GDP projection to six-year low

Big changes for personal income tax rates in offing? Tax panel submits report

Big FDI reforms: From coal mining to digital media

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

Moody's slashes India's GDP growth forecast to 6.2% for 2019 from 6.8%

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Amazon opens its largest campus globally in e-commerce push

Tesla shows interest in building large e-battery plants in India

Jagrit Pratap Singh and Pranav Rastogi speak on engaging over a million fans monthly

PM-inspired stimulus package may come as early as this weekend

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

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

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]