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Economy

Govt Seeks Solution In New GST Math Over Dropping Demand

September 5, 2019 Correspondent 0

Among big-ticket consumer items, automobiles, tyres, cement, air conditioners and large LCD televisions are currently in the 28% bracket.

SBI Chief Calls Next Two Months Crucial For Economy

September 4, 2019 Correspondent 0

Finance minister Nirmala Sitharaman said last week that the government would merge 10 state-run lenders to create four mega banks that would help facilitate the flow of credit.

India Effectively In ‘Quasi- Recession’ As Growth Slumps: Economists

September 4, 2019 Correspondent 0

Hindustan Unilever Ltd. warned that the consumer goods his company makes are “recession-resistant, but not recession-proof.”

GDP Elevation In June Quarter Instigates Growth, Rate- Cut Revisions

September 2, 2019 Correspondent 0

The slump will put the onus on the Reserve Bank of India (RBI) to continue cutting interest rates after 110 basis points of easing already this year, the economists said.

$5 Trillion GDP Goal Of PM Modi Hits Hard: Road- Builder NHAI’s Debt

August 30, 2019 Correspondent 0

Ratings company ICRA on Wednesday said the build up of debt means NHAI must either go slow on new projects or shift to a build-operate-transfer model involving equity-purchases by private players.

India’s Growth Slowdown Likely To Go Deep As Consumer Buckle

August 30, 2019 Correspondent 0

Prime Minister Narendra Modi, who returned to power in May with a bigger margin than in 2014, is witnessing the worst slowdown so far under his watch.

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