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Top babu invokes reforms to prop-up India's growth story

NITI Aayog CEO said that India's process of urbanisation & using technology to leapfrog has just begun.

auto slowdown

Dec 14, 2019, 11.57 PM IST

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AUTO SLOWDOWN

Slowdown only cyclical, India's growth potential not lost: Chief Economic Advisor

Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. India’s GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.

S&P may slash India rating on growth concerns: Reports

India's bond yields spiked after S&P flagged risk to sovereign rating.

European shares flat as China data stokes slowdown worries

The pan-European STOXX 600 index was trading flat at 0803 GMT.

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