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SAGGING ECONOMIC GROWTH
HDFC Bank cuts lending rate by 0.20%HDFC joins the chain of banks announcing lending rate cuts. Rates across the banking system have been headed south for the last few months,...
Measures to prevent coronavirus may dent economic growth by up to 2 percentage pts: BarclaysEconomic growth is set to slide to a decadal low of 5 per cent as per an official estimate released much before the virus grew to being cal...
New FDI norms unlikely to meet objective of higher inflowsThe Government had on Wednesday announced moves including 100 per cent FDI in contract manufacturing and coal mining.
I do see case for fiscal stimulus, says Niti Aayog VC Rajiv KumarKumar's comments come amid Finance Minister Arun Jaitley saying that he has not promised any fiscal stimulus, but would respond to the emer...
RBI to take note of falling inflation in next policy reviewReserve Bank of India has said it would take into account falling inflation while deciding on policy initiative in its review next month.
Normal monsoon can boost sagging consumption growth: RBIThe Reserve Bank today said private consumption, which has been declining due to sagging economic growth, will go up if there is normal mon...
Ficci pitches for 1 per cent cut in rates by RBI to boost growthFicci expressed concern over reluctance of banks to reduce interest rates and said the RBI should cut key rates at least by 1% to boost man...
- More policy reforms in next couple of months: Kamal Nath
Nath, who was instrumental in pushing the FDI reforms in the Parliament last month, stressed that the country is an attractive investment d...
- Only private sector investment can give leg-up to economy: Crisil
The sagging economic growth can be given a boost if the private sector increases its investment as the government is not in a position to i...
- SBI expects Reserve Bank to cut CRR by 1%
"We expect the RBI to cut CRR by 1 per cent...It will ease liquidity significantly and lower interest rate," State Bank of India Chairman P...
- IMF chief rules out double-dip recession
Strauss-Kahn believed the much faster-growing Asian economies could make up for any slack in economic expansion afflicting US or Europe. St...
- RBI may hike CRR, policy rates in near term: ABN Amro
A healthy 7.9 per cent jump in GDP growth in Q2 FY 10 may prompt the Reserve Bank of India to hike the Cash Reserve Ratio (CRR) and key pol...
- Power plants to get bulk of RIL's KG-D6 gas
An EGoM is likely to allocate on Tuesday bulk of the additional natural gas from Reliance Industries' KG-D6 fields to power plants to boost...
- PMEAC says India will grow at least 6.5 per cent in FY10
Counting on the general elections to spur the sagging economy, the Prime Minister's economic advisory panel has said it expects the country...
- India's GDP growth seen falling sharply from Q4 - Nomura
India's economic growth will start falling sharply from the fourth quarter of 2008 mainly due to a drop in investments, demand and exports,...
- $500 million loan to shore up Pakistan economy
Pakistan's central bank says it has received a $500 million loan from the Asian Development Bank to help shore up the country's ailing econ...
- Capital goods sector vibrant; investments to drive economy: FM
India's capital goods sector has retained its vibrant character, although growth of industrial production slipped in September due to muffl...