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Sentiments do have real economic benefits -Renu Kohli

-The Telegraph Investors may be buying stocks again, but fundamental drivers such as expected corporate performance remain unchanged Sentiments matter for economic growth. Optimistic or upbeat sentiments encourage consumers to buy and borrow; businesses, on the other hand, are spurred to plan and invest. But when in reverse gear, downbeat or negative sentiments can hold back spending, restricting activities and stifling growth. For an economy seeking to revive itself, be it India...

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Manmohan Singh assails govt on slowdown: How the former PM has emerged as a strong Modi critic

-The Indian Express From economic issues to demonetisation or agrarian distress, Manmohan Singh has now become one of the strongest voices of the Opposition against Prime Minister Narendra Modi. New Delhi: Former Prime Minister Manmohan Singh has rarely made public interventions in the last few years since the BJP came to power but whenever he has spoken, it has weighed heavily for the saffron party to ignore or paper over. From...

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What is behind the GDP growth falling to 5% -Radhika Merwin

-The Hindu Business Line Apart from slowdown in manufacturing and construction, the steep decline in consumption is a big cause for worry Even as the Centre’s big bank mergers detracted the attention briefly from the much-awaited GDP growth numbers for the April-June quarter, the sharp slowdown drew the market’s attention back to the immediate issue at hand. The Central Statics Office (CSO) revealing that the real GDP growth in Q1 of the...

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Manmohan Singh hits out at Modi govt, calls slowdown 'man-made crisis'

-IANS * Manmohan Singh said India has the potential to grow at a much faster rate, but the all-round mismanagement by the Modi govt has resulted in this slowdown * The former PM said over 3.5 lakh jobs had been lost in the automobile sector alone, he claimed similar large-scale job losses in the informal sector New Delhi: Days after the finance ministry reported contraction in the GDP growth, former prime minister Manmohan...

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Slowdown Blues: Govt needs to raise income levels of working population to boost growth -Prasanna Mohanty

-Business Today Now that a decline in private consumption is pulling down economic growth, the focus needs to shift to improving wages and other measures to spur demand and savings, which does not seem to be happening now New Delhi: That the Indian economy is slipping into a recession is quiet apparent. The real GDP growth has gone down from a peak of 8.2% in 2016-17 to 6.8% in 2018-19, with the...

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