India’s GDP growth slows to 4.5% in Sept. quarter
The second quarter GDP numbers, the lowest in six years, prove that the economy has still not bottomed out.
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The RSS goes beyond GDP
The ideological parent of India’s ruling Bharatiya Janata Party indicates a questioning of GDP as the sole measure of economic progress. But what does this really mean?
RBI slashes repo rate by 25 bps to 5.15%
The central bank, according to the policy statement, intends to continue with an accommodative stance as long as it is necessary to revive growth, while ensuring inflation remains within target.
RBI cuts repo rate to arrest slowdown
The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.
Building blocks for a “New India”
Minister of state for finance and corporate affairs Anurag Singh Thakur lays down the economic roadmap for a $5 trillion economy and is confident that it can be achieved.
Budget fine print drags markets down
Indices see biggest single-day fall in four years in first full trading day after the Union Budget was unveiled. The BSE Sensex closed 907 points lower, while NSE’s Nifty50 slipped 207 points.
Eco Survey ticks right boxes with a dash of optimism
K. Subramanian’s maiden Survey sees growth for FY20 at 7%, green shoots in investment activity.
‘GDP calculations’ require inter-sectional validation
This will help to check whether extrapolations made from growth-driving sectoral trends reflect a true picture of the economy.
RBI does a hat-trick on rate cuts
The central bank delivered a third 25-basis point cut in repo rate in a row, but its dovish views on the economy and inflation pull stock market indices down.
This resource can help the economy reach $5 trillion
The next big target of the Indian economy is to get to double its size and reach $5 trillion. Here’s what can help it get there.
