The world’s dependence on China has resulted in a huge disruption in production. India should promote itself as an alternative manufacturing hub. Read more »
The economy grew 5.1% in the first nine months of the financial year 2019-20, compared with 6.3% in the same period last year. Read more »
Mining industry’s contribution to the GDP is in the range of 2.2-2.5% and any decision-making paralysis in this sector will have a bearing on a large number of user industries. Read more »
The RBI decisions indicate that there is scope for further rate cuts in 2020, though they may not be on the same level as those effected in 2019. Read more »
RBI is expected to keep the repo, reverse repo, and bank rates at the current level and give an accommodative stance to support economic growth. Read more »
Tax cuts may not boost demand; higher public expenditure would have done the trick. Read more »
The Fund has cut India growth forecast for the current year by 1.3 percentage points to 4.8%. Read more »
IIP grew 0.6% in the first eight months of the financial year, compared with 5% in the same period last fiscal. Read more »
The economy expanded 4.5% in the second quarter of the fiscal, which followed a dismal 5% growth in the first quarter ended June 2019. Read more »
Holistic policies in key sectors can bring about a turnaround in India’s economic fortunes. Read more »