GROSS FIXED CAPITAL FORMATION
Manufacturing investments fell 15% in FY18: ASI data
ASI, principal source of industrial statistics in India, is the most comprehensive data on organised manufacturing. The survey was conducted during November 2018 to June 2019 through ASI Web Portal.
When trying to balance growth and fisc, it’s better to lean on growth, says CEA Krishnamurthy Subramanian
If we lean on growth now, it will a...
Full Text: RBI keeps powder dry, maintains status quo; here's why
Overall liquidity in the system remained in surplus in October and November...
India attracted $49 billion FDI in 2019, among top 10 recipients of overseas investment: UNCTAD
UNCTAD, in its Global Investment Trend Monitor report said that the global foreign direct investment remained flat in 2019 at $1.39 trillion, a 1% decline from a revised $1.41 trillion in 2018. “South Asia recorded a 10% increase in FDI to $60 billion. The growth was driven by India, with a 16% increase in inflows to an estimated $49 billion. The majority went into services industries, including information technology,” it said.
Projected growth of 5 per cent exaggerated, Indians will see little or no growth: P Chidambaram
India's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors, government data showed on Tuesday. Reacting to the data, Chidambaram said the Advanced Estimates of National Income 2019-20 released yesterday tells the story of neglect and mismanagement of the economy by the BJP government.
View: Economic growth is the best antidote to the present trust deficit between govt and citizens
November brought more bad news, GDP growth slipping to 4.5% between June and September 2019.
Steeply falling revenue risks fiscal parameters, warns RBI
The RBI has held falling government revenue as the prime reason for a poor fiscal figure. This along with weaker private consumption and investment has weakened the economy, however the nation's financial system remains resilient with the asset quality of banks improving (NPAs remaining stable at 9.3 per cent as of September as same as March 2019)
View: Recession door ast?
We can quibble over the definition of a recession and take satisfaction in the fact that India is far away, still, from two consecutive quarters of negative growth. Recession door ast. Or we can try and do something to reverse the slowdown. India needs proactive policy a little beyond waiting for the inevitable turn of the business cycle.
View: As growth tapers, here's what can be done to revive the economy
The govt is under immense pressure to boost demand by breaching the fiscal deficit.
India to consider shifting dividend tax to investors from firms
The budget statement due Feb may include a proposal to tax dividends once they are paid to shareholders.
Number of workers grew 4.8% to 12.2 million in FY18: ASI data
Manufacturing sector investments declined 10.3% in 2017-18, as pet the data released by the ASI.
Four key areas the Budget will seek to address & how it may impact us
One of the key agendas of the government is to try and turn India into a $5 trillion economy.
India has limited room to ease fiscal policy due to high debt: Fitch
Fitch Ratings said the government has only limited room to ease fiscal policy because of high debt.
Economic Survey 2019: Focus on behavioural economics for compliance, but no road map for tackling key issues
The section on energy highlights Indians’ energy poverty but fails to touch upon excess capacity in power generation.
India's GDP to grow at slowest pace in 5 years in FY19
Core sector growth in January slowed down to 1.8 per cent against 2.7 per cent on a sequential basis.
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