Economy : Articles

PTI
India's GDP Growth Rate 'Much Weaker' Than Expected: IMF
13 Sep 2019
The multilateral agency attributed India’s low economic growth to corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies.
Prabhat Patnaik
Economic Crisis: Why it Suits Neoliberals to Point Fingers Solely on Demonetisation ‘Shock’
13 Sep 2019
The roots of the present economic slowdown squarely lie within the neoliberal trajectory, which has led to a crisis of overproduction. Demonetisation and ‘hasty’ GST only aggravated it.
PTI
Industrial Output Growth Drops to 4.3%, Retail Inflation at 10-Month High
12 Sep 2019
Manufacturing sector growth slumped to 4.2% in July 2019 as compared to 7% a year ago, while capital goods, a barometer of investment, contracted 7.1% in July compared with a 2.3% rise a year ago.
Newsclick Report
Mega Merger of PSBs: Bank Employees to Demonstrate on Sept 20
12 Sep 2019
The UFBU has also decided to submit a memorandum to Finance Minster Nirmala Sitharamana detailing their apprehensions regarding the move.
Subodh Varma
Dumb and Dumber: Facing Slowdown, Govt Squeezes Expenditure
12 Sep 2019
Rather than spending more, government expenditure by July 2019 is less than what it was last year as share of annual budget, with key public welfare related ministries cutting most.
Ronak Chhabra
BSNL Revival Plan: Modi Govt Fiddling Like Nero
11 Sep 2019
Sebastin K, General Secretary of Sanchar Nigam Executive’s Association (SNEA) has called the plans as mere “cosmetic” attempts of the centre which shouldn’t be something to be excited about.
Amey Tirodkar
Nashik Industrial Zone: Manufacturers Lose Hope with Job Cuts and No Work
11 Sep 2019
According to Patankar, former president of NIMA, the industrial zone has seen almost 20,000 job cuts in the past four months.
Irfan
CARTOON CLICK by Irfan Khan
10 Sep 2019
The economy is going downhill. Yet, the Narendra Modi 2.0 government is skirting its accountability, hiding behind issues like hyper-nationalism.
Abdul Alim Jafri
Around 300 Employees of Uttarkhand-based Rane TRW Steering ‘Laid Off’
09 Sep 2019
The component manufacturer is a vendor for auto majors Ashok Leyland and Tata Motors. Workers claim three out of four plants in Uttarakhand have shut down.
Daanish Bin Nabi
‘But Leave We Will’: Kashmiris Plan to Leave Valley Forever
09 Sep 2019
Prosperous business families and students seek a safer place “once and for all”.