Economic Slowdown
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Sonia slams govt over slowdown, alleges vendetta politics
India | Sep 12, 2019, 02:19 PM ISTAccording to Congress sources, Sonia said this while addressing the meeting of party general secretaries, state in-charges, state unit chiefs and others here on Thursday.
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Chidambaram 'deeply concerned' over state of economy, asks govt's 'plan' from Tihar
India | Sep 11, 2019, 02:16 PM ISTCritisizing Prime Minister Narendra Modi government, Chidambaram said, " I am deeply concerned about the economy. The poor are the worst affected. Lower incomes, fewer jobs, less trade and lower investment affect the poor and the middle class. Where is the plan to get the country out of this decline and gloom?"
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Sword hanging on livelihood of lakhs of Indians: Priyanka Gandhi on state of economy
India | Sep 10, 2019, 01:57 PM ISTPriyanka Gandhi has launched a scathing attack on the Modi government vis-a-vis economic slowdown. "The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians," Priyanka Gandhi said.
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Economic slowdown temporary; India will become USD 5 trillion economy: Venkaiah Naidu
Business | Sep 04, 2019, 09:39 PM ISTVice-President M Venkaiah Naidu on Wednesday termed the economic slowdown as a "temporary effect" due to global factors and stressed that India will achieve its target of becoming a USD 5 trillion economy by 2024-25.
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India has an opportunity to benefit from a global economic situation, says US-India Business Council
Business | Sep 01, 2019, 11:55 PM ISTPresident of US-India Business Council (USIBC) Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country at a time when the global economy is beset with challenges. Indian Prime Minister Narendra Modi is scheduled to visit the US later this month. Biswal, 55, said the USIBC members are eager to hear from him.
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Priyanka Gandhi appeals Finance Minister to rise above politics and acknowledge 'slowdown'
National | Sep 01, 2019, 11:10 PM ISTCongress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a "slowdown", saying she needs to get over "politicking" about the state of the economy and come clean with the people of India.
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Banks merger reflects govt resolve to address economic slowdown: India Inc
Business | Aug 30, 2019, 10:45 PM ISTA sharp deceleration in manufacturing output and subdued farm sector activity pulled down India's gross domestic product (GDP) growth to 5 per cent in the April-June quarter.
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Finance Minister Sitharaman gets thumbs up on steps to combat economic slowdown
Business | Aug 24, 2019, 06:13 PM ISTIn a bid to stabilise the faltering economy, Sitharaman had on Friday announced the removal of surcharge on capital gains on shares for both foreign and domestic investors, provided an upfront Rs 70,000-crore equity infusion into public sector banks to boost lending, and unveiled measures to push automobile sales.
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Raghuram Rajan bats for fresh set of reforms, calls economic slowdown 'very worrisome'
Business | Aug 19, 2019, 09:34 PM ISTThe annual GDP growth in India decelerated to 6.8% from 7.2% in 2017-18 this year. Economic growth figures have been slowest since 2014. Former Governor of Reserve Bank of India Raghuram Rajan said that growth figures by a variety of private analysts are "significantly below" than government projections. He followed up by saying that "slowdown in the economy is very worrisome".
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PM Modi, Arun Jaitley, Amit Shah hold crucial meet
National | Oct 05, 2017, 08:19 PM ISTPrime Minister Narendra Modi today held a meeting with BJP chief Amit Shah and Finance Minister Arun Jaitley.
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Aaj Ki Baat October 4 episode: 'How PM Modi demolished his critics' charges on economy'
Oct 05, 2017, 02:33 PM ISTThe Prime Minister made it clear that he was in full control of the economy, and was keeping a watchful eye on shortcomings.
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GDP at 3-yr low: Govt plans Rs 50,000 cr stimulus to revive economy, says report
Business | Sep 22, 2017, 09:28 AM ISTThe final decision on the fund infusion and on breaching the fiscal deficit target will be taken by Prime Minister Narendra Modi, a media report said
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China roils Rolls-Royce party as global sales near record high
Jan 12, 2016, 04:47 PM ISTEven as sales for Rolls-Royce Motor Cars during 2015 neared its best ever in its 112-year history, China's slowing economy and a crackdown by authorities to limit gifts in order to curb bribery have dealt
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Sensex falls most in over 3 months, tanks 538 points on China rout
Jan 04, 2016, 05:10 PM ISTMumbai: In its biggest fall in more than three months, the benchmark BSE Sensex today plunged by 537.55 points to crack below the 26,000-mark as worries over China's economic slowdown and geopolitical tensions in the
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Economic slowdown, crashing auto sales force general insurance companies to focus on retail
Aug 05, 2013, 06:17 PM ISTNew Delhi, Aug 5: The economic slowdown and falling auto sales are prompting general insurers to focus on retail segment and smaller towns.Industry officials also say that there is an increasing focus on renewal premium,
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Lack of leadership, policy paralysis led to economic slowdown: Modi
National | Jul 25, 2013, 06:28 AM ISTAhmedabad, Jul 25: Attacking the UPA government for the economic slowdown, Gujarat Chief Minister Narendra Modi today alleged lack of leadership and policy paralysis are responsible for the state of the economy. Speaking at an awards
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Sangma targets Pranab for economic slowdown
National | Jun 24, 2012, 06:34 PM ISTAmritsar, Jun 24: BJP-backed Presidential poll candidate P A Sangma today targeted Finance Minister and UPA nominee Pranab Mukherjee for the economic slowdown.“If the rupee is at an all time low, if the international rating
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Govt will work to restore growth momentum, says PM
India | Jun 23, 2012, 11:41 PM ISTOn Board PM's Special Aircraft, Jun 23: Prime Minister Manmohan Singh today said his government will work its way to restore the momentum of growth in the wake of the economic slowdown and sought cooperation
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PM sets up mechanism to fast track project implementation
India | Jun 01, 2012, 03:47 PM ISTNew Delhi, Jun 1 : Amid declining growth rate and the need to arrest economic slowdown, Prime Minister Manmohan Singh today approved setting up of an Investment Tracking System to ensure speedy implementation of mega
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Economic Slowdown In West To Impact Work Opportunities: IIFT
Sep 11, 2011, 02:39 PM ISTMumbai, Sept 11 : The Indian Institute of Foreign Trade (IIFT) is apprehensive about the deepening slowdown in Western markets having an impact on the domestic jobs market, even though requests from domestic companies for