ECONOMY OF CHINA
Surprise: RBI holds repo, cuts FY20 GDP forecast
Some corporate voices backed RBI’s move but with caveats.
More reforms needed to boost jobs, incomes: OECD
Restoring growth to the higher levels needed to provide ample jobs and ease inequality will ...
Government may come up with more measures to arrest slowdown
It is also likely that the government may initiate some more counter-cyclical fi...
Speed up execution of relief measures: Realtors
The real estate sector is seeking emergency lifeline from the government that has announced several measures, but the actual implementation of these steps is yet to gather pace.
Govt clueless on economy, PM left it to ministers to indulge in 'bluff and bluster': Chidambaram
The former Union finance minister, who spent 106 days in jail and was released on bail on Wednesday, said the BJP government believed problems faced by the economy were cyclical even after seven months of this financial year.
RBI keeps policy rates on hold despite economy fears
Many economists had predicted that the central bank would cut the repo rate by 25 bps.
Kashmir economy suffered losses of Rs 15000 cr since August: Trade body
"Our conservative estimates put the losses to the Kashmir economy due to the situation after August 5 at Rs 15,000 crore. We will be coming up with comprehensive data about the losses within a week," Kashmir Chamber of Commerce and Industry (KCCI) president Sheikh Ashiq Hussain told PTI.
Growth a national objective: Shaktikanta Das
Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.
Cutting rates by 25 bps won’t help economy; govt has to spend: Mythili Bhusnurmath
Given that anyway fiscal deficit target will be breached, why not do it for something that might get the economy kick started?
Market Movers: What changed for D-Street while you were sleeping
US stocks closed higher on Thursday as investors digested the latest jobs data.
Value and cyclical stocks to outperform as global economy accelerates next year: Mark Matthews, Julius Baer
Among EM assets, India does not rank very highly as it is very expensive.
Base year depends on global, national economic situation, data availability: Rao Inderjit Singh
As per the United Nations System of National Accounts (UN SNA)-2008, base year of Gross Domestic Product (GDP) series is revised from time to time to better capture structural changes in the economy. The member countries are required to revise the base year of their macro-economic indicators like Gross Domestic Product (GDP).
God save India's economy: Chidambaram on BJP MP's GDP remark
Participating in a discussion in Lok Sabha on the Taxation Law Amendment Bill and a statutory resolution disapproving the ordinance on the same legislation, Dubey had said that the Gross Domestic Product (GDP) has no relevance and it should not be treated as 'Bible, Ramayan and Mahabharat'.
View: RBI should be cutting rates, not holding
Not a single economist among the 43 surveyed by Bloomberg News predicted no rate cuts happening.
Gold prices steady on mixed US-China trade signals
US gold futures were up 0.1 per cent at $1,480.90 per ounce.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service