indian economy

Parsvnath Developers Limited is one name, that stands out from the rest of realty developers mainly because of its pan-India presence, rich experience of 34 years and trust-equation with its customers.

"Earlier, no one asked why it took so long and nobody gave an answer. Now we have set a target, facing the questions and making all-out efforts to achieve this target," PM Modi said.

IMF Chief Economist Gita Gopinath said in a blogpost that the biggest contributor to the revision of global economic growth was India, where growth slowed sharply owing to stress in the non-banking financial sector and weak rural income growth.

The International Monetary Fund (IMF) has slashed India's growth rate to 4.8 per cent for the current financial year. In October, the IMF had estimated the growth rate at 6.1 per cent.

"We do have a lot of respect for you, but sometimes we wonder if it wouldn't be more apt to address you as 'Nirbala' Sitharaman instead of Nirmala Sitharaman," said Chowdhury in the Lok Sabha.

Private sector has not announced any major investment after recent corporate tax cut and therefore abolishing DDT at this point of time may prove to be counter effective.

The slowdown in Q2 FY20 was largely due to a sharp dip in the manufacturing sector and agriculture output, said the Ministry of Statistics and Programme Implementation in a statement.

Industrial output in September contracted by 4.3 per cent from a year earlier due to poor performance in the manufacturing sector, data released by the government on Monday showed.

Sonia said that decision to sign Regional Comprehensive Economic Partnership Agreement (RCEP) will be a "body blow" to economy of the country and will bring "untold hardship" for farmers, SMEs.

Prime Minister Modi said that Tier-II and Tier-III cities in India have emerged as engines of growth and the global companies investing in India are assured of skilled manpower.