SEARCHED FOR:ECONOMIC SLOWDOWN
Will gold relent at Rs 51,000 or go even higher?
Gold is on fire of late. So much so that it crossed the psychologically important Rs 50,000 ...
Slowdown in cash demand: Signs of economic revival
For three consecutive fortnights, RBI data shows that currency with the public, cash withd...
India extends $ 400 mn currency swap facility to Colombo to address economic slowdown
"These positive developments illustrate active implemen...
India's GDP to contract 7.5% in the current fiscal because of coronavirus: HDFC Bank
The country was facing a situation similar to that in the US, where each state would have its own epidemic curve of a rise, peak and fall in cases, the report released on Friday said. This would prolong economic recovery, it said, projecting -11% growth for the second quarter and a weak 0.7% and 1.5% recovery in the third and fourth quarters of FY21 respectively.
Sporadic lockdowns can spoil the continuity of business, says Asian Paints
The company saw sales halting since end of March while April was a complete washout. While there was a lot of this pent-up demand, June sales indicated new demand from homes across the country.
Households spent lower on vegetables, breads, cereals, pulses in FY19: MoSPI
The private final consumption expenditure (PFCE) on bread, cereals and pulses was Rs 4.43 lakh crore in 2018-19 from Rs 4.74 lakh crore in FY18. This is the second consecutive annual decline in spends on the product category.
Japan shares end firmer as upbeat US economic data lifts sentiment
The benchmark Nikkei average advanced 1.33 per cent to 22,288.14.
Govt should focus on spending on profitable firms to boost economy: Raghuram Rajan
Speaking at NCAER's India Policy Forum 2020, Rajan said in the pandemic, unlike normal recession, there is enormous amount of destruction, which has happened to households and also to firms, and that's where relief and repair has to come in along with stimulus.
Textile companies' revenue to fall on drop in demand due to slowdown: Ind-Ra
Ind-Ra assumes normalcy in revenue to return by second half of FY22 .
Fidelity pares overweight position in India stocks amid slowdown
The $480 billion asset manager made the change to its Asia ex-Japan equity funds.
Cognizant to retain digital talent in slowdown, anticipating recovery
The Teaneck, New Jersey-based IT services provider earns around 38% of its $16.8 bn revenue from digital businesses.
Automotive aftermarket spending to decline 11% in FY21: Crisil Research
Based on the analysis of 75 mega districts in the country, which account for 43 per cent of the segment's total revenue, Crisil Research expects the annual running of vehicles (in kilometres) to decline, with three-wheelers likely to see the highest decline of 22 per cent and passenger vehicles and tractors seeing the lowest decline of 4 per cent during the fiscal.
Dalal Street’s next move hinges on 4 things about domestic economy
Rahul Singh says answers to four basic questions will help investors make relatively more accurate guesses in the day ahead.
Business leaders optimistic of economic revival in 6-9 months
The positives and silver lining in the current COVID-19 and economic slowdown were identified and elucidated at a webinar on ‘New Normal: Impact of Covid on Business and Economy’, organized by CII, Delhi, said a release.
Larger banks to gain once economic slowdown bottoms out: Siddhartha Khemka
Pharma stocks acting as defensives. Valuations are also comfortable for some, says Head of Retail Research, MOSL