Economy

The Current slowdown in Indian economy cannot be tackled by monetary policy in isolation and instead fiscal policy needs to be a major focus now, especially given what low or negative interest rates mean for the sustainability of deficits, says a research note.   In the report, Dr...
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India's gross domestic product (GDP) growth has slowed down to 5% in first quarter (Q1) of FY2020 from 5.8% in Q4 of FY2019 due to slowing down of consumption, low automobile sales, deceleration in air traffic movements and declining government capex. Under the circumstances, the Reserve Bank...
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The US Fed rate cut last month signalled that the world economies linked to the US dollar are under stress. Also, the  International Monetary Fund (IMF) cut global gross domestic product (GDP) expectation from 3.2% to 3.1% while India’s GDP slowed down to 5% in the second quarter this fiscal....
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There is a lot of discussion in economic slowdown. Many industrial bodies including automobile manufacturers are pleading with the government for concessions and benefits citing lack of growth. Some people think that it is only a cyclical phenomenon. Others think it is structural. We...
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While a decline in GDP affects the poor worse as India is one of the most unequal societies, it hits your wallet each time a slowdown is recorded. It takes toll on average income of the people and signals a squeeze on job opportunities.   Illustrating the impact of lower GDP growth,...
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