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Manoj Kumar

India to take more steps to boost consumer demand, growth: chief economic adviser

18 Oct 2019

NEW DELHI India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said on Friday, in a bid to raise economic growth from six-year lows.

India's retail inflation surges in September, but rate cut hopes still high

14 Oct 2019

NEW DELHI India's retail inflation rose close to the central bank's medium-term target of 4% in September for the first time in 14 months, but analysts still predict a sharp economic slowdown will prompt a sixth consecutive interest rate cut in December.

India's industrial output shrinks at fastest rate in more than six years

11 Oct 2019

NEW DELHI India's industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December.

India's September passenger vehicle sales dive 24% as slowdown persists

11 Oct 2019

NEW DELHI/BENGALURU India's passenger vehicle sales slumped 23.7% in September, the eleventh straight month of declines, prompting an industry body to flag more job cuts if sales failed to pick up soon.

India says no plans to revise fiscal deficit target or cut spending now

22 Sep 2019

NEW DELHI India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the country's finance minister said on Sunday, after slashing corporate tax rates to boost a flagging economy.

India cuts corporate taxes to boost manufacturing and revive growth

20 Sep 2019

PANAJI, India India cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside. | Video

India likely to unveil measures to boost growth - sources

20 Sep 2019

PANAJI/NEW DELHI, India Finance Minister Nirmala Sitharaman is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5% in the April-June quarter, two government sources said on Thursday.

RPT-UPDATE 1-India likely to unveil measures to boost growth -sources

20 Sep 2019

PANAJI/NEW DELHI, India, Sept 19 India's finance minister is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5% in the April-June quarter, two government sources said on Thursday.

UPDATE 1-India likely to unveil measures to boost growth -sources

19 Sep 2019

PANAJI/NEW DELHI, India, Sept 19 India's finance minister is likely to unveil measures to boost economic growth, which slipped to a six-year low of 5% in the April-June quarter, two government sources said on Thursday.

India likely to unveil measures to boost growth -sources

19 Sep 2019

PANAJI, GOA, Sept 19 India's finance minister is likely to unveil measures to boost economic growth, which slipped to six-year low of 5% in the April-June quarter, including review of import tariffs on certain items ahead of Prime Minister Narendra Modi’s visit to the United States, two government sources said.

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