PM Modi reviews state of economy with Nirmala Sitharaman, FinMin officials

Money Control | Aug 15, 2019 at 5:15 PM
  • Prime Minister Narendra Modi on August 15 comprehensively reviewed the state of the economy with Finance Minister Nirmala Sitharaman as his government scrambled for solutions to tackle a fast-spreading slowdown in various sectors.
  • An email query sent to the spokesperson of the finance ministry remained unanswered.
  • In the real estate sector, the number of unsold homes has increased while fast-moving consumer goods (FMCG) companies have reported a decline in volume growth in the first quarter.