Tag: slowdown
Economy suffered another setback, imports and exports fell in September
On Tuesday, two big news about the country's economy has given a big shock. The IMF has also released the import-export data of the country in September only after reducing the growth rate. According to this data, there was a decline of 13.8 percent in imports and 6.57 percent in exports.
India’s growth rate has fallen behind China for the first time...
India has lost its place as a world’s fastest economy to China after it went slower than expected in first three months of 2019. This has happened for the first time in last two years that India’s growth rate has fallen behind China.
World Bank reduced India’s growth rate
In this financial year, after the continued decline in several sectors in the recent quarters, the World Bank has also estimated the growth rate of the Indian economy below 6 percent. India's growth rate in 2018-19 was 6.9%.
Ravi Shankar’s clarification on ‘where is the recession’ – I am...
Union Law Minister Ravi Shankar Prasad has given clarification about the statement of films earning Rs 120 crores in a day. He said that I withdraw my statement. Prasad said, 'My entire video of media interaction is on social media. Nevertheless I regret to note that a part of my statement was misquoted. As a sensitive citizen, I withdraw my statement.
Ravi Shankar Prasad rejected the report of slow down in the...
Ravi Shankar Prasad said that had there been a recession in the country, the three films released on October 2 would not have earned Rs 120 crore. The films have earned so much only because the economy is healthy. He said, I love films. Movies are doing big business.
Government, floated bids to sell stake in these three companies including...
The central government is going to sell stakes in three other state-owned companies after BPCL, the country's second largest oil company. The government has invited bids for this. The companies for which bids have been called include Indian Railways' company Concor.
Another sign of economic slowdown, industrial production fell 1.1 percent in...
There is another big sign of slowdown in the economy. Industrial production fell 1.1 percent in August. During this period, manufacturing, power generation and mining sector saw weakness. This is said to be the biggest drop in industrial production since February 2013.
150 Trains and 50 Railway Stations Under Phase One Privatization
A letter from Niti Aayog CEO Amitabh Kant to V. K. Yadav Chairman, Railway Board to constitute an Empowered group for fast track privatization....
