Slowdown

  • Rangarajan says 5.2 per cent growth in Q4 achievable 14-03-2014 01:41 PM

    The economy can grow an annual 5.2 percent in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister's Economic Advisory Council said on Friday. C Rangarajan also said he expects the economic growth to pick up to 5.5-6 per cent in the fiscal year...
  • Highlights of interim Budget 2014-2015 17-02-2014 01:45 PM

    New Delhi: In an election year, Finance Minister P Chidambaram presented an Interim Budget short of rhetoric and stuck to highlighting the Congress-led UPA Government's achievements of the last 10 years. Faced with a massive economic slowdown and staring at prospects of a Congress rout in the Lok Sabha elections,...
  • Slowdown makes students jittery, CAT applications at a 5-year low 16-10-2013 08:40 AM

    New Delhi: The Common Admission Test (CAT) begins on Wednesday and will continue through the month. This year only 1.9 lakh students have registered to take the test, which is a 5-year low. Chakra Joshi, a Bsc Computer Science student, was preparing for the CAT - a ticket to the...
  • Delhi: Slowdown dampens the festive season for Ramlila organisers 12-10-2013 08:41 AM

    New Delhi: The economic slowdown has dampened the festive spirit this time around, making it difficult for Ramlila organisers to secure funds to recreate the grandeur of mythological character Ram's life. With the economy looking grim, many donors are reluctant to shell out money. So organisers are renting cheaper lighting...
  • Industrial output grows 0.6 per cent in August 11-10-2013 05:59 PM

    New Delhi: India's industrial production for the month of August grew by 0.6 per cent in August, dropping from an upwardly revised 2.75 per cent pace in July. Analysts had expected an annual output growth of 2.0 per cent for the month. The manufacturing sector, which constitutes about 76 per...
  • West Bengal: Slowdown forces budget cuts in Durga Puja this year 09-10-2013 10:59 AM

    Kolkata: Even as the country prepares and looks forward to the festive season, there is a slight dampener this time around. The economic slowdown seems to be having an impact on the Durga Puja celebrations. The Puja organisers of Kolkata are struggling to stay afloat despite drastic cuts in budgets....
  • Obama cancels his Asia trip due to shutdown 04-10-2013 10:41 AM

    Washington: US President Barack Obama has cancelled a trip to Asia this weekend because of the ongoing government shutdown, it was announced on Friday. Obama had already shortened the trip from four countries to two after the US government partially shut down as the two houses of Congress failed to...
  • PM has no ideas to counter economic slowdown, says Jaitley 01-09-2013 06:33 AM

    Continuing his attack on the government for its failure to arrest the rupee's slide and the economic slowdown, BJP leader Arun Jaitley on Saturday said Prime Minister Manmohan Singh was without ideas to revive the economy and such a situation did not bode well for the country. Picking up from...
  • PM reassures economic slowdown will not last long 15-08-2013 12:11 PM

    The slowdown in Indian economy will not last long as government is working hard to remedy the situation, Prime Minister Manmohan Singh said on Thursday as he saw positive impact of the move to open up several sectors to foreign direct investment in the coming months. "I believe that this...
  • PM to meet industry leaders to discuss economic problems 29-07-2013 09:50 AM

    New Delhi: Prime Minister Manmohan Singh will meet industry leaders on Monday to hold a discussion on key problems plaguing the Indian economy. Problems relating to slow growth rate of the economy, the depreciation of the rupee and the nation's Current Account Deficit are on the agenda. The meeting comes...
  • China's test; controlled slowdown or unemployment nightmare 19-07-2013 07:17 AM

    Beijing: The success or failure of China's efforts to revamp its giant economy may rest with workers like Hu Zhao and Deng Jindong. They were both at a job fair in Beijing this week. Hu, a 30-year-old former factory worker, was looking for a higher paid office job. Deng, a...
  • Greece approves scheme to fire thousands of public workers 18-07-2013 04:42 AM

    Athens: Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested outside parliament. The vote was the first major test for Prime Minister Antonis Samaras's two-party coalition since losing an ally over the abrupt shutdown of...
  • Cong, BJP war of words intensify over Modi's remark 15-07-2013 11:00 PM

    The Modi vs Congress war of words has intensified with the Congress on Monday accusing Modi of polarising the electorate and also listing statistics to counter the Gujarat Chief Minister's claims of development. The BJP, meanwhile, claims this is a deliberate attempt by the Congress to shift goalposts ahead of...
  • May industrial production contracts by 1.6 per cent 12-07-2013 05:51 PM

    New Delhi: India's industrial production unexpectedly contracted 1.6 per cent in May from a year earlier, government data showed on Friday. Analysts polled by Reuters had expected output to grow 1.6 per cent annually. April's output growth was revised down to an annual 1.9 per cent from 2.3 per cent...
  • Nine years of UPA saw average 8 per cent growth: PM 23-05-2013 02:44 AM

    New Delhi: Detailing economic growth during the UPA regime, Prime Minister Manmohan Singh said on Wednesday the slowdown in 2012 was "temporary" and a longer term view would show that India has notched up an average "8 per cent growth" in the past nine years. The prime minister, presenting the...
  • PM meets industrialists amid slowdown fears 22-12-2011 08:11 PM

    New Delhi: Amid concerns of slowdown in economy and shrinking industrial output, Prime Minister Manmohan Singh on Thursday met leading industrialists and assured them that the government was determined to get back on the growth path. The assurance came at a meeting of the Prime Minister's Council on Trade and...
  • India @ 9 with Rajdeep Sardesai 19-12-2011 11:55 PM

    Catch the day's top stories on India at 9 with Rajdeep Sardesai. ...
  • TWTW: Cyrus' take on Anna's agitation on Lokpal 18-12-2011 10:48 PM

    Cyrus Broacha also talk about economy slowdown, Delhi at 100 and more. ...
  • 'High interest rates contributed to economic slowdown' 15-12-2011 02:18 PM

    Ahead of the RBI's credit policy meet, Pranab Mukherjee admitted that high interest rates have contributed to the economic slowdown. ...
  • India stares at economic slowdown, job cuts 12-12-2011 08:20 PM

    New Delhi: The fear of an economic slowdown has turned to be a real one, as for the first time in recent months, India's industrial economy has actually shrunk, which may lead to job cuts, high inflation and more bearish stock markets. In fact, the Confederation of Indian Industry (CII)...
  • Business better than perception: Sunil Mittal 09-11-2011 04:59 PM

    New Delhi: Amid concerns of economic slowdown and policy paralysis, noted industrialist and telecom czar Sunil Mittal on Wednesday said "business is better than perception". Praising the government for its initiatives to deal with the current economic issues, Mittal said, "I have never seen in a long period of time,...
  • GDP estimate cut to 8.2 pc, slowdown fears mount 03-08-2011 08:51 AM

    New Delhi: India is heading for its worst growth since the credit crisis of 2008-09. Over the last three to four months, there have been clear signs of a slowdown in the automobile sector as well as in the investment and construction sector. Slowdown fear is now turning into a...
  • Montek confident of 8.5 pc growth this fiscal 01-06-2011 07:42 AM

    New Delhi: Playing down fears of a slowdown, Planning Commission deputy chairman Montek Singh Ahluwalia said he is confident of 8.5 per cent growth this fiscal. According to the latest GDP data, the economy is down by more than a per cent compared to the previous quarter. In the January...
  • Industrial output growth at 7.8 pc in 2010-11 12-05-2011 11:31 AM

    New Delhi: Poor performance of the manufacturing and mining sectors pulled down overall growth of industry to 7.8 per cent in 2010-11 from 10.5 per cent in the previous fiscal. Factory output in March, as measured in terms of the Index of Industrial Production (IIP) released on Thursday, also witnessed...
  • Exporters want continuation of stimulus 15-02-2010 03:59 PM

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