Gdp  

Hello and welcome to this episode of The Handshake, my name is Amal Chowdhury and today we will be talking about the areas of foreign policy where India needs to focus on in 2020. The 2020s will see India become the world’s third-largest economy, after the US and China. Even at a slower nominal growth rate of 10% per annum, India will cross Germany in five years and Japan in seven, closing the decade at $7 trillion.

Piyush Goyal, Minister for Commerce and Industry and Railways addressed the inaugural session at the Exports Summit 2019 organized by the Confederation of Indian Industry (CII) in New Delhi on 17th December. He emphasized that the Indian industry must be enabled and empowered to take advantage of global value chains. He further noted that it is important for Government and industry to work together to make the industry more competitive and more proactive. Government is working to bring more predictability to export finance, exports scheme, and productivity.

Private lender Yes Bank was up by 8.2%, Coal India by 3.3%, Adani Ports by 3.2% and Maruti by 3.1% as the BSE S&P Sensex closed 246 points higher.

The World Bank has said that India has reduced its poverty rate by half since 1990 and has achieved a growth rate of over seven percent in the last 15 years. Prior to the meeting with the International Monetary Fund, the World Bank underlined India's role in global development. It said that India has played an effective role in reducing extreme poverty and has made strong improvements in human development. Watch The Video For More Details.

Many firms have been doing their sums and looking for new locations to re-site their manufacturing operations as the US importers are finding it more expensive to procure products from China. However, India and Indonesia have not seen many relocations from China make its way into the countries
 

The report titled 'An Integrated Value Chain Approach to Ease of Doing Business: A Case Study of Sugar, Alco-Bev, and Tourism' recommends an integrated sectoral approach to ease of doing business for more quantifiable gains in state GDP

As finance minister Nirmala Sitharaman blames ‘millennial mindset’ for the slump in car sales, industry experts like TV Mohandas Pai have batted in her support. However, he added that liquidity freeze of NBFCs is to be blamed for the dip 

People cutting across party lines held a dharna on September 5 to oppose the merger of Andhra Bank with Union Bank.

The Indian economy has been hit hard with drop in GDP growth due to sluggishness in private consumption, and this could be explained by a number of factors including a possible income slowdown and cost increases, amid other challenges in the automobile sector, slowing activity in real estate, and an overall dent to consumer sentiment

INX case accused P Chidambaram took a jibe at Modi government for the dip in GDP as he came out of the Delhi high court as his custody was extended by two more days
 

India is reeling under an economic slowdown. The government has decided to consolidate public sector banks, indicates its resolve to address the slowdown in GDP growth. Experts and politicos assess the ground reality on MyNation. 

The economic slowdown has caused a great dent in the country with the GDP going as low as 6.8%. According to Central Statistics Office, India's GDP slowed to a five-quarter low of 6.6% in October-December 2018.
 

The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
 

Singaporean lender DBS DBS estimates FY20 growth to stay at 6.8 percent, the same as FY19. The economic survey earlier this month had pegged growth to rise to 7 percent. 

Singaporean lender DBS estimates FY20 growth to stay at 6.8 percent, the same as FY19. The economic survey earlier this month had pegged growth to rise to 7 percent.