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Incoming data suggests that the Indian economy may have bottomed out in the third quarter of the current financial year, even though the.
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What's the Modi government been doing to avert the situation?

India’s Economy Is Stalling. Critics Blame a ‘Climate of Fear.’

Like a large cut in the corporate tax, and the resumption of the Privatization of Public Sector Units. Meanwhile, the Reserve Bank of India RBI has eased monetary policy by cutting its main interest rate by basis points.


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Investment is stagnant. And that makes the current situation strangely very similar to the US after the global financial crisis, according to his theory.

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They could not repay their loans. So, the banks cut back on lending.

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This began to hurt investment and exports. Photo: Reuters. For sports news , updates, live scores and cricket fixtures , log on to indiatoday. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.

Saved Indian economy that was heading towards disaster: PM Narendra Modi - India News

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Do You Like This Story? Now share the story Too bad. Although the government has been pulling out all stops to revive the economy, numbers are indicating otherwise.

Vinayak Sharma 3 min read. As Indian Start-up Ecosystem Evolves, Greater Diversification of Ideas and Space on the Cards The last decade saw Indian entrepreneurial space gather immense pace with 49, start-ups taking off between and Manoj Mehta 5 min read.

What’s in store for the Indian Economy in 2020?

Vinayak Sharma 2 min read. More From This Topic.


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