CPI(M) and TMC have come down heavily on the BJP for criticizing Abhijit Banerjee.
Yechury said the signs of the agrarian distress and near-stagnant rural incomes have been there for long but the Modi government is busy with trying to "divide and polarise".
Instead of engaging in a futile blame game, the union finance ministry has to address the deep rooted malaise afflicting the financial sector
Policy makers must find a way to wean the markets off their addiction to the narcotic of easy money
Globally, India stood in contrast to IMF’s gloomy economic projection of a 'synchronised slowdown'
The slowdown may force the government to raise resources by fulfilling its promise of ‘minimum government’
With GDP outlook being revised to 6.1 percent for the FY20, down from the previous 6.9 percent, the slowdown is expected to continue in the coming months. Slowdown is the time when most investments turn red
From the RSS chief’s speech it is more than evident that he is satisfied with the performance of the Narendra Modi government — but the cautionary signals are also clear.
In September, GST collections dropped sharply to a 19-month low of Rs 91,916 crore, mirroring a widening slowdown in the economy triggered by shrinking consumer demand.
Many companies have pulled out of the Auto Expo 2020 due to the slowdown
Optimism about higher discretionary spending in the next one year is the lowest in at least four years
As the RBI has succeeded in stabilising immediate economic settings, it will now play a bigger role in restoring the confidence in financial system to preserve policy effectiveness.
Sitharaman said the Reserve Bank of India is the appropriate regulator, not the Finance Ministry.
Affordable housing has been the lone bright spot in this doom and gloom and has contributed to both realty sales as well as to the AUM growth of banks and HFCs servicing this segment.
The cut in corporation tax to an effective 25.17 percent is expected to boost profitability of PSEs and government-owned banks.
If and when the ban is implemented, it could affect close to 10,000 plastic manufacturing units. There is a high possibility that about 400,000 people working in these units could find themselves jobless.
The Indian economy’s slowdown started within three years of 2008 Great Financial Crisis. Ever since 2012, India’s earnings growth started decelerating arguably because the era of crony capitalism ended in 2010 with the unveiling of the 2G spectrum scam.
Is NRC being used as a smokescreen to deflect public attention for pressing issues such as economic woes?
The manufacturing sector grew 0.6 percent in April-June 2019 from 12.1 percent in the same quarter last year, and 3.1 percent in January-March, reflecting decelerating production activity in India's factory floors
Inflation rate in cereals and products stood remained unchanged at 1.3 percent while vegetables inflation stood at 6.90 percent in August versus 2.82 percent in July.
Two auto industry stalwarts cannot agree on whether Ola and Uber are a major reason for the auto slowdown.
With the aspirational value for cars diminishing and the current city infrastructure making ownership of one an unappealing prospect, Uber and Ola have come up trumps.
The total flow of financial resources to the commercial sector was also affected by demonetisation
The meeting was chaired by Atanu Chakraborty, Secretary, Department of Economic Affairs and GC Murmu, Expenditure Secretary.