Days after Q2FY20 GDP growth rate falling to a new low, finance minister Nirmala Sitharmaan on Saturday said that the government will frontload investments worth Rs 100 crore over a five-year period. Days after Q2FY20 GDP growth rate falling to…
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View: Bank mergers and minor policy changes won’t revive economy
India’s GDP growth slowed to 5% in the April-June quarter, the slowest since the scam-hit days of UPA-2. From 8.2% a year ago, growth has fallen sharply quarter after quarter. This is the combined effect of a cyclical global downswing and…
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Weak investment, muted monetary transmission big challenges for Indian economy: Goldman
Notwithstanding India’s progress on growth and inflation, some of the big challenges for the economy include weak investment, muted monetary transmission and slow GST collections, according to Goldman Sachs. India’s GDP growth increased from an average of 6.7 per cent…
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