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"Weird Statements": Yashwant Sinha Slams Nirmala Sitharaman, Piyush Goyal

Sunday, September 15, 2019, 9:18 AM

Former-BJP-leader Yashwant Sinha questioned Finance Minister Nirmala Sitharaman's claim that rise of Ola and Uber affected the automobile-sector, asking why the sales of trucks should also decline. Those in power were making "weird" statements, the former finance minister said, talking to reporters in Madhya Pradesh's Indore. "People in the government are making weird statements. But they will definitely affect the government's image," he said.
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Indian economic growth much weaker than expected: IMF

Friday, September 13, 2019, 8:06 AM

India's economic growth is "much weaker" than expected, the IMF said attributing the reasons for corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies. Responding to a question on the recent GDP figures of India, Rice said the IMF will monitor the economic situation in India. "We will update that assessment in the upcoming world-economic outlook," IMF-spokesman Gerry Rice said.
 
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Economy falling into deep abyss of recession, says Priyanka Gandhi

Tuesday, September 10, 2019, 8:23 PM

Hitting out at the Modi government, Congress leader Priyanka Gandhi Vadra said today that the economy is falling into a "deep abyss" of recession and asked when will the current dispensation "open its eyes". Her remarks come amid opposition's criticism of the government after growth in the last quarter slipped to 5%. When will the government open its eyes, the Congress general secretary asked.