Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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        LATEST NEWS UPDATES | Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja    </title>
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-The Economic Times

January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.

NEW DELHI: India&rsquo;s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a..."/>
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-The Economic Times

January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.

NEW DELHI: India&rsquo;s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a..." />
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    <h1 class="cat-box-title">Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.<br /><br />NEW DELHI: </em>India&rsquo;s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment, experts said.<br /><br />An ET survey of independent economists showed January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one, pulling down the growth rate for the fiscal year.<br /><br />In its second advance estimate for FY19 in February, the statistics office had estimated growth at 7%, implying 6.5% growth in the last quarter.<br /><em><br />PROVISIONAL ESTIMATES TO BE RELEASED ON FRIDAY</em><br /><br />Provisional estimates for FY19 will be released on Friday, a day after Prime Minister Narendra Modi takes the oath of office for a second five-year term at the head of his council of ministers.<br /><br />China&rsquo;s economy, in comparison, grew 6.4% in the quarter ended March.<br /><br />&ldquo;The economy is facing tighter financial conditions, weak global and domestic demand, with private consumption slowing materially,&rdquo; said Kotak Mahindra Bank economist Upasna Bhardwaj.<br /><br />Kotak Mahindra Bank expects fourth-quarter GDP growth of 6% and that for the full year at 6.9%.<br /><br />&ldquo;Leading economic indicators for the fourth quarter like IIP (index of industrial production), PMI (purchasing managers&rsquo; index), infrastructure index, auto sales and cargo have shown moderation in momentum,&rdquo; said Shubhada Rao, chief economist at Yes Bank, pencilling in 6.2% growth for the quarter. &ldquo;Global demand also remained soft amidst uncertainty on the trade war.&rdquo;<br /><br />The US and China have been unable to resolve their differences over trade and have imposed tariffs on goods.<br /><br />The new government faces the task of quickly boosting consumer demand to revive growth while undertaking more structural measures to get private investment moving.<br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr" title="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.<br /><br />NEW DELHI: </em>India&rsquo;s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment, experts said.<br /><br />An ET survey of independent economists showed January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one, pulling down the growth rate for the fiscal year.<br /><br />In its second advance estimate for FY19 in February, the statistics office had estimated growth at 7%, implying 6.5% growth in the last quarter.<br /><em><br />PROVISIONAL ESTIMATES TO BE RELEASED ON FRIDAY</em><br /><br />Provisional estimates for FY19 will be released on Friday, a day after Prime Minister Narendra Modi takes the oath of office for a second five-year term at the head of his council of ministers.<br /><br />China&rsquo;s economy, in comparison, grew 6.4% in the quarter ended March.<br /><br />&ldquo;The economy is facing tighter financial conditions, weak global and domestic demand, with private consumption slowing materially,&rdquo; said Kotak Mahindra Bank economist Upasna Bhardwaj.<br /><br />Kotak Mahindra Bank expects fourth-quarter GDP growth of 6% and that for the full year at 6.9%.<br /><br />&ldquo;Leading economic indicators for the fourth quarter like IIP (index of industrial production), PMI (purchasing managers&rsquo; index), infrastructure index, auto sales and cargo have shown moderation in momentum,&rdquo; said Shubhada Rao, chief economist at Yes Bank, pencilling in 6.2% growth for the quarter. &ldquo;Global demand also remained soft amidst uncertainty on the trade war.&rdquo;<br /><br />The US and China have been unable to resolve their differences over trade and have imposed tariffs on goods.<br /><br />The new government faces the task of quickly boosting consumer demand to revive growth while undertaking more structural measures to get private investment moving.<br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr" title="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr">click here</a> to read more. <br /></div>                                                           
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January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.

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                            <div align="justify">-The Economic Times<br /><br /><em>January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one.<br /><br />NEW DELHI: </em>India&rsquo;s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment, experts said.<br /><br />An ET survey of independent economists showed January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one, pulling down the growth rate for the fiscal year.<br /><br />In its second advance estimate for FY19 in February, the statistics office had estimated growth at 7%, implying 6.5% growth in the last quarter.<br /><em><br />PROVISIONAL ESTIMATES TO BE RELEASED ON FRIDAY</em><br /><br />Provisional estimates for FY19 will be released on Friday, a day after Prime Minister Narendra Modi takes the oath of office for a second five-year term at the head of his council of ministers.<br /><br />China&rsquo;s economy, in comparison, grew 6.4% in the quarter ended March.<br /><br />&ldquo;The economy is facing tighter financial conditions, weak global and domestic demand, with private consumption slowing materially,&rdquo; said Kotak Mahindra Bank economist Upasna Bhardwaj.<br /><br />Kotak Mahindra Bank expects fourth-quarter GDP growth of 6% and that for the full year at 6.9%.<br /><br />&ldquo;Leading economic indicators for the fourth quarter like IIP (index of industrial production), PMI (purchasing managers&rsquo; index), infrastructure index, auto sales and cargo have shown moderation in momentum,&rdquo; said Shubhada Rao, chief economist at Yes Bank, pencilling in 6.2% growth for the quarter. &ldquo;Global demand also remained soft amidst uncertainty on the trade war.&rdquo;<br /><br />The US and China have been unable to resolve their differences over trade and have imposed tariffs on goods.<br /><br />The new government faces the task of quickly boosting consumer demand to revive growth while undertaking more structural measures to get private investment moving.<br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr" title="https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_source=facebook_amp&amp;utm_medium=social&amp;utm_campaign=socialsharebuttons&amp;fbclid=IwAR3ESQPIpQx50Ir-nsCuoEh-bmYUC7NGXCc97IeUPAGwtrkCX3e-jIts59Q&amp;from=mdr">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Economic growth may have slipped below 7% in FY19, lowest in 5 years: ET Poll - Kirtika Suneja

Published on May 31, 2019   Modified on May 31, 2019

-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment, experts said. An ET survey of independent economists showed January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one, pulling down the growth rate for the fiscal year. In its second advance estimate for FY19 in February, the statistics office had estimated growth at 7%, implying 6.5% growth in the last quarter. PROVISIONAL ESTIMATES TO BE RELEASED ON FRIDAY Provisional estimates for FY19 will be released on Friday, a day after Prime Minister Narendra Modi takes the oath of office for a second five-year term at the head of his council of ministers. China’s economy, in comparison, grew 6.4% in the quarter ended March. “The economy is facing tighter financial conditions, weak global and domestic demand, with private consumption slowing materially,” said Kotak Mahindra Bank economist Upasna Bhardwaj. Kotak Mahindra Bank expects fourth-quarter GDP growth of 6% and that for the full year at 6.9%. “Leading economic indicators for the fourth quarter like IIP (index of industrial production), PMI (purchasing managers’ index), infrastructure index, auto sales and cargo have shown moderation in momentum,” said Shubhada Rao, chief economist at Yes Bank, pencilling in 6.2% growth for the quarter. “Global demand also remained soft amidst uncertainty on the trade war.” The US and China have been unable to resolve their differences over trade and have imposed tariffs on goods. The new government faces the task of quickly boosting consumer demand to revive growth while undertaking more structural measures to get private investment moving. Please click here to read more.

The Economic Times, 29 May, 2019, https://economictimes.indiatimes.com/news/economy/indicators/economic-growth-may-have-slipped-below-7-in-fy19-lowest-in-5-years-et-poll/articleshow/69551246.cms?utm_s

Tagged with: gross value added gva GDP estimates GDP growth Economic Growth

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