Growth Is Definitely Slowing in India, Says HSBC’s Bhandari

The video discusses the current state of the Indian economy, highlighting a slowdown in growth to around 6%, which is below the potential growth rate of 7%. The slowdown is observed across various sectors, including construction, consumption, and exports. However, there is optimism for a recovery in the second half of 2019 due to factors like post-election growth, improved banking liquidity, and supportive RBI policies. The video also addresses the controversy surrounding the accuracy of GDP data, with former RBI governor Raghuram Rajan questioning the government's claims. Despite methodological improvements, the reliability of GDP figures is debated, but other indicators also suggest a slowdown.

What is the expected growth rate for India in the quarter ending March, according to the transcript?

• 7%

• 5%

• 6%

• 8%

Which sectors are mentioned as showing weakness in the Indian economy?

• Finance and Real Estate

• Agriculture and Mining

• Construction, Consumption, and Exports

• Technology and Healthcare

What is one reason given for the expected economic recovery in the second half of 2019?

• Decrease in inflation rates

• Rise in global oil prices

• Post-election growth recovery

• Increased foreign investment

How has the Reserve Bank of India (RBI) supported growth according to the transcript?

• By increasing government spending

• By reducing taxes

• By cutting the policy repo rate

• By increasing interest rates

What does former RBI governor Raghuram Rajan question about the GDP figures?

• The accuracy of the GDP figures

• The influence of inflation on GDP

• The role of technology in GDP calculation

• The impact of foreign trade on GDP