SLOWDOWN
Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations
India's economy grew 7.6 per cent in the September quarter as against 6.2 per cent in the year-ago period, according to official data released on Thursday. India remains the fastest-growing major economy, as China's GDP growth in the July-September quarter...
Chinese economy staring at crisis? Weaker economic activity data and deflation, China's woes mount
China reported weaker than expected July activity data Tuesday, accompanied by news that Beijing would no longer publish youth unemployment data. China's economic activity data for July, including retail sales, industrial output and investment failed t...
Despite slowdown, India would become $7.5 trillion economy in next 5 yrs: Deepak Parekh
India would remain one of the fastest-growing major economies but it is not decoupled from the world and will face some slowdown, HDFC Chairman Deepak Parekh said on Monday. "While there are many global external headwinds, India still has the capability to grow f...
Next pandemic will come, only a question of when, says Ajay Banga, WB chief
India is doing a lot of things which are helping it to stay ahead in times of a global slowdown, believes World Bank President Ajay Banga. “India is doing a lot of things which is helping it to stay ahead in times of a global slowdown. The high percentage of GDP will always ...
Marginal slowdown in India's IIP growth in October, factory output grows at 3.2%
India's factory output registered a growth of 3.2 per cent in the month of October led by growth in primary goods. The growth comes on the back of 4.5% rise witnessed in the same period last year as the economy was recovering from the first round of lockdown-induced con...
IT stocks: Buy, sell or hold amid US slowdown fears and muted Q1 numbers?
Shares of information technology companies were among the top laggards this year so far as weaker margins by most companies in the June quarter further soured investor sentiment for the sector. Amid US slowdown fears and muted Q1 numbers, are IT stocks Buy, sell or hold? Indep...
Watch: Will macroeconomic stress create an extended slowdown in equities?
Global equity markets are caught in a perfect storm of liquidity tightening by central banks, the Ukraine crisis, slowdown in China’s demand, rising global inflation and hike in interest rates. Sameer Bhardwaj of The Economic Times tells ET Online about where the Indian stock
Economy issues: US will enter recession in Q4 this FY followed by EU, Japan, South Korea; will slowdown Indian exports, say experts
Aurodeep Nandi of Nomura says US will enter recession in Q4 of this calendaer year. Also foresees recession in EU, Japan and South Korea next year. There will be slowdown of exports that will impact India.Economy issues
Growth slowdown in India is temporary: IMF Chief
IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead. Speaking at the WEF 2020, she also said the world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Out
Swaminathan Aiyar on Market bloodbath: See it as disaster not blessing
Do not celebrate the crash in oil prices. It is a consequence of the growing coronavirus disaster that threatens a deep global recession. But that indicates coming pain more than gain: Swaminathan Aiyar on Market bloodbath.Swaminathan Aiyar on Market bloodbath: See it as disaster
Budget 2022: Soaring unemployment biggest challenge for FM
Covid-19 pandemic and lockdown led to an economic slowdown which has increased India's unemployment crisis like never before Mirror Now brings us this special report! Budget 2022: Soaring unemployment biggest challenge for FM
IMF lowers India’s FY20 growth estimate to 4.8%
The International Monetary Fund has slashed its estimate on India’s 2019 economic growth to 4.8% from the 6.1% expansion it projected in October, citing a sharper-than-expected slowdown in local demand and stress in the non-bank financial sector.IMF lowers India’s FY20 growth estimate to 4.8%
India's GDP growth slips further to 4.5% in Q2FY20: Is the recovery in sight?
India's second quarter GDP growth slowed sharply to 4.5 per cent, the weakest pace in more than six years, as manufacturing output hit a slump and consumer demand as well as private investment weakened. The GDP expansion rate moderated from 5 per cent recorded in April-Jun
GDP at six-year low, where do things stand?
India’s economy grew at its slowest pace in over six years in the September quarter mainly on account of weak manufacturing and a drop in exports due to a global slowdown. Ankit Saproo from ET online explains the numbers. WatchGDP at six-year low, where do things stand?
India's economic growth falls to 4.5% in July-September from 7% year ago
India's gross domestic product (GDP) growth for the three months ending September 2019 (Q2FY20) fell to 4.5%, down from 5.0% in the previous three months and 7% for the corresponding period of 2018 as consumer spending and private investment weakened further and a global slowdo
Lead indicators point to disappointing Q2 GDP growth: Aditi Nayar
ICRA's principal economist, Aditi Nayar, sheds light on what may hurt the second-quarter GDP growth which will be released on Nov 29. She talks about the pain points, hurting investments and the factors driving down demand. Watch.Lead indicators point to disappointing Q2 GDP growth: A
Economic slump: Time to acknowledge, says Madan Sabnavis
Is the economy already in a slump? Talking to ET Online, ahead of the GDP numbers for the second quarter, Madan Sabnavis of Care Ratings says that it is time to acknowledge the slump. Watch!Economic slump: Time to acknowledge, says Madan Sabnavis
IMF cuts global growth forecast; downgrades India's growth projection to 6.1% in 2019
The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. WEO said India's growth in 2019 is sharply lower than the 6.8 per cent in 2018 "for idi
Modi govt's flawed policies have caused economic slowdown: Manmohan Singh
Former Prime Minister Manmohan Singh on Thursday attacked the Modi govt for its flawed policies that have caused the current economic slowdown and asked Congress party leaders to hit the streets to inform people about the policies of the earlier UPA government at the Centre du
Is India ready to benefit from China's slowdown? Here's what Swaminathan Aiyar has to say
Is India ready to benefit from China's slowdown? Swaminathan Aiyar, Consulting Editor, ET NOW says that while China will undoubtedly continue to grow, the biggest advantage for India is the size of the domestic market. It is not going to become an export-orient
Why China is doing what it is doing and can its economy overtake USA's GDP? Swaminathan Aiyar’s take
Can China's growing economy overtake USA's GDP and why China is cracking down on its businesses? Swaminathan Aiyar, Consulting Editor, ET NOW says the Chinese government feels that they will lose control. China is a very important part of the world e
Global slowdown fears: Swaminathan Aiyar on India effect
This week, the International Monetary Fund slashed its world growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilise a slowing global economy. IMF also cited a bigger-than-expected slowdown in
Watch: Chinese economic slowdown and its impact on India
Chinese economic growth has cooled to its lowest in 28 years in 2018. Growing signs of economic weakness in the world's second-largest economy have sent jitters around the world. How will this slowdown impact India and the world? ET ExplainsWatch: Chinese economic slowdown and its impact on In
We are increasing capacity as we expect demand to improve sharply: Keshav Bhajanka, CenturyPly
"We are trying to increase investments in Hoshiarpur unit of Punjab", says Keshav Bhajanka, ED, CenturyPly, in an iterview with ET NOW.We are increasing capacity as we expect demand to improve sharply: Keshav Bhajanka, CenturyPly
Global infra push the start of a mega trend for Cummins: Ashwath Ram
Cummins India hub has advantages over other two hubs in the US and China in terms of greater capacity and better cost structure and it bodes well for us as the demand keeps increasing, says Ashwath Ram, MD, Cummins India, in an interview with ET NOW.Global infra push the start of a
There is no challenge in order book currently: Ramesh Gehaney, Endurance Technologies
So far, during the second Covid wave, there has been no change on the supply, scheduling and consumption patterns of the customers, says Ramesh Gehaney, ED & COO, Endurance Technologies, in an interview with ETNOW.There is no challenge in order book currently: Rame
Swaminathan Aiyar: India's low economic growth rate is here to stay
IMF, Moody's and other rating agencies are revising India's growth rate. Swaminathan Aiyar explains why the low growth rate could be the new normal. Watch!Swaminathan Aiyar: India's low economic growth rate is here to stay
Lack of further stimulus imperils recovery: Jerome Powell
Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell warned Tuesday.Lack of further stimulus imperils recovery: Jerome Powell
India, Japan and Korea can compensate for any slowdown in China: Dassault Systèmes
China and Korea represent two significant Asian markets for French tech company Dassault Systèmes. However, the ongoing Coronavirus crisis in China has the potential to hit one of the key markets for the company. In a conversation with ET Digital, Dassault Systemes, V
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