Govt looks to reverse economic slowdown with a stimulus package

The government is planning a set of measures to reverse an economic slowdown that is going through losses, layoffs and an investment freeze. The measures include (a)steps to boost infrastructure investments (b)goods and services tax(GST) relief to specific sectors (c)ways to further cut red tape on cross-border trade and (d)steps to improve ease of doing… Continue reading Govt looks to reverse economic slowdown with a stimulus package

‘Slowdown evident, may be temporary’

HDFC Chairman has said that the economic slowdown in India which has been due to weakness in consumption demand is temporary in nature and will pick up at the onset of the festive season. According to data released by the Central Statistics Office (CSO),India’s quarterly GDP growth has declined to 5.8% in the January-March 2019… Continue reading ‘Slowdown evident, may be temporary’