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Economic slowdown News

24 Aug 2021

COVID-induced economic slowdown led to one 3rd of infant deaths in India

The report showed that the economic downturn caused by COVID-19 resulted in an additional 2,67,208 infant deaths in low-income countries The highest numbers of estimated excess infant deaths were in South Asia, totalling 1,13,141

28 Feb 2020

World braces for recession as coronavirus pandemic threat grows

The world prepared for a coronavirus pandemic on Friday as hopes the disease could be contained to China vanished and investors dumped equities in expectation of a global recession. Share prices were on track for the worst week since the global financial crisis in 2008 as virus-related disruptions to international travel and supply chains fuelled fears of a recession in the United States and the Eurozone.

20 Feb 2020

Centre does not acknowledge 'slowdown': Ex-PM Manmohan Singh

Former PM Manmohan Singh on Wednesday (February 19) said the current government does not acknowledge the word "slowdown" and it is highly unlikely that the current dispensation will be able to take corrective action to boost the Indian economy.

29 Nov 2019

GDP plummets to 4.5% in Q2 FY20; here are some quick reactions

Chief Economic Advisor KV Subramanian on Gross Domestic Product (GDP) data said "We are saying again that the fundamentals of the Indian economy continue to be strong. GDP is expected to pick in Quarter 3."

29 Nov 2019

India's July-September quarter GDP growth rate at 4.5%; lowest in 6 years

According to the data released by the government, India's GDP grew at a measly 4.5 per cent in the July-September quarter of this fiscal.

22 Nov 2019

Shiv Sena slams Centre over economic slump, high rate of unemployment

The Sena editorial stated that the economic growth rate has declined to the lowest level in the past 15 years despite tall claims made by the Centre.

16 Nov 2019

Cong to hold mass protest at Ramlila Maidan on Nov 30 over economic slowdown

According to party leaders, the rally will be addressed by the party interim Chief Sonia Gandhi, former party President Rahul Gandhi and general secretary Priyanka Gandhi Vadra.

opposition leaders

04 Nov 2019

Opposition to protest against govt over economy in and outside Parliament

An array of leaders from as many as 13 Opposition parties met on Monday at the Constitutional Club in Delhi, to discuss the issues related to the economy and the ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations in Bangkok, with emphasis on their implications in India.

30 Oct 2019

Rahul Gandhi leaves for abroad ahead of Congress protests on economic slowdown

The Congress will hold 35 press conferences between one-eight November, Congress will also hold protests from November 5-15 to highlight the country`s current economic situation. Senior party leaders will address these press conferences.

Parliament session

23 Oct 2019

Congress plans massive protest against Centre over economic slowdown in Nov

Ahead of Parliament's Winter Session, which is scheduled to commence from November 18, the main opposition party Congress is planning to hit the streets to protest against the Centre over the issue of economic slowdown.

Priyanka Gandhi

19 Oct 2019

Your job is to improve economy, not run comedy circus: Priyanka Gandhi to govt

Congress General Secretary Priyanka Gandhi Vadra on Saturday lashed out at the government and said that their job was to "improve the economy" and not "run a comedy circus". Priyanka was responding to Union Minister Piyush Goyal's statements on Nobel laureate Abhijit Banerjee.

Nirmala Sitharaman

19 Oct 2019

Nirmala Sitharaman calls for 'concerted action' against slowdown at IMF

Union Finance Minister Nirmala Sitharaman on Friday gave a clarion call for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth during an annual meeting plenary session of the International Monetary Fund (IMF) and the World Bank Group held in US.

Nirmala Sitharaman

18 Oct 2019

Govt handling economy well, crisis began when Manmohan was PM: FM

FM Sitharaman further said, ''We do have a listening government which responds to the affected sectors.''

Ravi Shankar Prasad

12 Oct 2019

3 films earning Rs 120 cr on day of release proves economy is sound: RS Prasad

Union Minister Ravi Shankar Prasad on Saturday refuted the worries surrounding the economic slowdown and cited the earnings of three blockbuster movies in a single day to suggest that the economy was sound.

10 Oct 2019

Left parties to observe protest against Centre over economic slowdown

The Left parties had last month announced a protest on October 10 and 16 to press for their demands which also include stopping privatisation of the public sector and raising the minimum monthly old age and widow pension to Rs 3,000.

29 Sep 2019

India way ahead of China, US in terms of GDP growth rate: Giriraj Singh

Union Minister Giriraj Singh on Saturday highlighted the achievements of Narendra Modi-led NDA government while stating that the entire world is witnessing a wave of economic slowdown, and not just India.

20 Sep 2019

Howdy Indian Economy jamboree: Rahul Gandhi on corporate tax cut

Union Finance Minister Nirmala Sitharaman announced mega corporate tax cut which led to the mega-market gain on Friday.

18 Sep 2019

Howdy economy doing, Mr Modi: Rahul Gandhi takes a dig at PM

More than 50,000 Indian-Americans from across the US have registered for the September 22 mega "Howdy, Modi! Shared Dreams, Bright Futures" event to be held in Houston.

Santosh Gangwar

16 Sep 2019

After uproar, Gangwar clarifies over 'north Indians not fit for jobs' remark

A statement made by Labour Minister Santosh Gangwar on the issue of lack of job opportunities had triggered a major political uproar.

15 Sep 2019

Tough time will pass, says Nitin Gadkari on slowdown in Indian economy

Union minister Nitin Gadkari said that the Centre is committed to push the growth rate and is taking measures to boost the flagging economy.

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