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Slowdown News

26 Aug 2019

Centre responsive to slowdown, but more steps needed: Report

On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.

23 Aug 2019

Niti Aayog calls for extraordinary steps to tackle slowdown

Noting that the government has taken steps to address concerns of the stressed non-banking finance company (NBFC) sector, Kumar said the government does acknowledge NBFCs as a growth driver and has prevented many of them from collapsing.

23 Aug 2019

No country can escape recession if protectionism continues: Piyush Goyal

Goyal stated that the policies of protectionism being followed by some countries in the developed world are affecting engagement between countries for trade in goods, services and protection of investments.

Reserve Bank of India

13 Apr 2019

Slowdown in global growth, trade to hit emerging market economies: RBI Governo

The RBI Governor made this remark while addressing an event `Governor Talks` on the sidelines of International Monetary Fund-World Bank Spring Meetings.

29 Jan 2017

Nomura sees Trumponomics having minimal impact on India

Japanese financial services major Nomura has downplayed the impact of the protectionist trade policies of the US President Donald Trump on the country as it sees only 10 bps hit on GDP at 6.8 per cent in 2017.

11 Apr 2016

World Bank lending hits post-financial crisis peak

Lending to needy countries by the World Bank surged to a level last year normally only seen during financial crises, the Bank said Monday.

07 Apr 2016

WTO cuts 2016 global trade forecast to 2.8% on China slowdown

In September, the WTO estimated that global trade would rise by 3.9 percent this year, but lowered that projection to 2.8 percent, in an updated forecast.

12 Mar 2016

Write-downs may be a remedy to growth slowdown: Rajan

Reserve Bank of India Governor Raghuram Rajan on Saturday said structural reforms can help achieve potential growth, suggesting that write-downs may be a remedy to growth slowdown.

Finance Ministry

08 Sep 2015

Knee-jerk reaction not answer to emerging challenges: FinMin

The Finance Ministry Tuesday said "knee-jerk" reaction is not the answer to the current challenges being faced by India and assured that measures initiated by the government will boost growth.

31 Aug 2015

Chinese slowdown opportunity for India: CEA

The slowdown in China is a historic opportunity to relaunch growth in India, Chief Economic Adviser Arvind Subramanian said Monday.

30 Aug 2015

India should take advantage of China slowdown: USIBC chief

"What we are hearing from our companies that India story is strong. The slowdown in China is making India story much much stronger," Mukesh Aghi, president of the US India Business Council (USIBC) said.

06 Mar 2015

China announces USD 260 bln worth infrastructure projects

China today ruled out introducing a stimulus to arrest the slowdown of the economy but instead announced USD 260 billion worth of infrastructure projects, including railway construction, to spur growth.

04 Feb 2015

China services sector at six-month low, more stimulus expected

China`s services sector grew at the slowest pace in six months in January as growth in new business weakened, a private survey showed, raising expectations that policymakers may unveil more stimulus steps to avert a sharper slowdown in the world`s second-largest economy.

02 Nov 2014

China slowdown to bruise global economy: Survey

China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities from developing countries and autos and luxury goods from Europe.

30 Oct 2014

FDI in real estate may double after easing of rules: NAREDCO

Foreign direct investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors' body NAREDCO said today.

30 Oct 2014

Lufthansa,Global economic,Slowdown,International,Profit

Lufthansa, Europe`s biggest airline, on Thursday cut its profit forecast for 2015 in face of the global economic slowdown.

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