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  IMF projects slowdown in Indian economy in fiscal year 2023 | Check World Economic Outlook report

  Business | January 31, 2023 8:59 IST

  IMF on Indian economy: According to the projection, growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds.

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  UN: Global Economic Slowdown To Force Workers Into Poorly Paid

  Business | January 16, 2023 20:00 IST

  The United Nations has warned that the ongoing economic slowdown caused by the COVID-19 pandemic, Russian invasion of Ukraine will force many workers into poorly paid jobs.

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  Vijayan announces 100-day action plan to help Kerala tide over Covid-triggered economic slowdown

  India | June 12, 2021 8:23 IST

  Kerala Chief Minister Pinarayi Vijayan on Friday announced a 100-day action plan to help the state tide over the economic slowdown triggered by the second wave of the COVID-19 pandemic.

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  Group of Ministers meet on current economic situation today

  Business | May 23, 2020 16:17 IST

  A meeting of a Group of Ministers will take place at the residence of Defence Minister Rajnath Singh at 5 p.m. on Saturday. This is the second such meeting of the ministers in six days. The last one was held on May 18.

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  US unemployment surges to Depression-era level of 14.7 per cent amid COVID-19 pandemic

  World | May 09, 2020 7:45 IST

  The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself. And because of government errors and the particular way the Labor Department measures the job market, the true picture is even worse

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  India faces 'danger' from social disharmony, slowdown, global health epidemic: Manmohan

  India | March 06, 2020 20:58 IST

  India faces "imminent danger" from the trinity of social disharmony, economic slowdown and a global health epidemic, former prime minister Manmohan Singh warned on Friday

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  Slowdown Blues: Upcoming BS VI, production cuts subdue Feb auto sales, say Experts

  Business | March 03, 2020 8:20 IST

  The run-up to BS VI transition along with the general economic slowdown and truncated production led to the decline in sales of automobile majors in February, market watchers said on Monday.

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  India's GDP growth slips to 4.7 per cent in December quarter

  India | February 28, 2020 18:56 IST

  India's economic growth slowed to 4.7 percent in October-December 2019, according to official data released on Friday.

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  Modi Vs Rahul: CAA, jobs, slowdown and more in Delhi

  Elections | February 04, 2020 19:02 IST

  ​Prime Minister Narendra Modi and Congress leader Rahul Gandhi traded barbs at each other during election rallies in Delhi on Tuesday. Arvind Kejriwal's Aam Aadmi Party too was not out of the radar.

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  Economic slowdown bottomed out, expected to pick up in 2020-21

  Business | February 01, 2020 16:00 IST

  The economic growth slowdown has appeared to have bottomed out and is expected to pick up in 2020-21, according to Budget documents. The document further said the prospects for the Indian economy in 2020-21 need to be assessed in the light of emerging global and domestic challenges and opportunities. 

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  Economic slowdown bottomed out, uptick from here onwards: CEA

  Business | January 31, 2020 18:34 IST

  Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out. 

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  Short-term inflation rise doesn't lead to growth: Expert

  Business | January 19, 2020 9:41 IST

  The classical economic theory of high inflation leading to the gross domestic product (GDP) growth will not be applicable to India even if the retail inflation has touched 7.35 per cent, since the price rise is led by highly volatile food and vegetables and is a short-term spike.

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  USD 5 trillion economy goal difficult, not impossible: Nitin Gadkari

  India | January 18, 2020 16:51 IST

  Gadkari said that the goal can be achieved by increasing domestic production and reducing dependence on imports. He spoke at the 29th International Management Conclave of the Indore Management Association here.

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  IMF economist Gita Gopinath meets PM Modi, mentions key factor in slowdown

  India | December 24, 2019 10:48 IST

  Gita Gopinath an Economic Counsellor and Director of Research Department at the International Monetary Fund (IMF), met Prime Minister Narendra Modi in New Delhi on Monday. The Prime Minister's Office (PMO) posted pictures of Prime Minister Modi with Gopinath on its Twitter handle.

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  Great slowdown in India, economy headed to ICU: Former CEA Arvind Subramanian

  Business | December 18, 2019 16:24 IST

  India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said.

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  ‘People surrendering their vehicles due to slowdown’

  Business | December 17, 2019 12:07 IST

  Between 40,000 and 50,000 commercial vehicle owners have been forced to surrender their vehicles due to non-payment of dues, says SP Singh from a transport think tank

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  Core sector output shrinks 5.8 per cent in October

  Business | November 29, 2019 18:03 IST

  Production of cement (- 7.7 per cent), steel (- 1.6 per cent), and electricity (- 12.4 per cent) also declined during the month. The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.

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  Centre should take steps to deal with economic slowdown: CM Ashok Gehlot

  India | November 02, 2019 20:56 IST

  He said there was a period of recession in the world some years back which also had an effect on India, by the then government under prime minister Manmohan Singh took effective steps and "kept the country's economy strong"

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  RCEP pact will prove to be 'farmers' destruction agreement': Priyanka Gandhi

  India | November 02, 2019 17:10 IST

  The Regional Comprehensive Economic Partnership (RCEP), comprising the 10-member ASEAN bloc and six other countries -- India, China, Japan, South Korea, Australia and New Zealand -- is engaged in negotiations for a free-trade pact.

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  Mukesh Ambani at FII: Slowdown in India is temporary

  Business | October 29, 2019 21:15 IST

  Billionaire Mukesh Ambani on Tuesday said the slowdown in the Indian economy is temporary and the recent measures taken by the government will help reverse the trend in the coming quarters.