Search For "degrowth"
Global chemical industry growth to slow to 3% in 2025: Report
Updated : 1 year ago IST
According to a report by PL Capital, Global chemical industry growth (excluding pharmaceuticals) to slow to 3 per cent in 2025, down from 3.9 per cent in 2024.
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Tea companies likely to see 8% revenue degrowth this fiscal: Crisil
Updated : 2 years, 8 months ago IST
The tea industry in India is expected to register a 8 per cent degrowth in revenue this financial year, led by a decline in exports, said Crisil Ratings.
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India’s overall exports decline 5 pc in July; global slowdown hurts trade
Updated : 2 years, 10 months ago IST
India’s overall exports, both merchandise and services combined, are estimated to be worth USD 59.43 billion in July 2023, exhibiting a degrowth of 5.06 per cent over July 2022, Ministry of Commerce and Industry said on Monday.
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Two wheeler sales in India decline 7.2 pc in July: SIAM
Updated : 2 years, 10 months ago IST
Overall two-wheeler sales registered a degrowth of 7.2 per cent year-on-year in July 2023, according to the Society of Indian Automobile Manufacturers (SIAM).
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Sri Lanka to see degrowth in 2023, gradual recovery expected next year: AD
Updated : 3 years, 2 months ago IST
Sri Lanka's economy is estimated to contract again in 2023 before it begins a gradual recovery in 2024, as the country navigates an unprecedented economic crisis, according to Asian Development Bank.
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India's service sector PMI hits 4-month low in July
Updated : 3 years, 10 months ago IST
New Delhi [India], August 3 (ANI): Services activity in India decreased in the month of July as the S&P Global India Services Purchasing Managers' Index (PMI) showed degrowth in comparison to the previous month, thereby hitting a four-month low.
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Credit growth to MSME sector firm in 2022-23: SBI Research report
Updated : 3 years, 10 months ago IST
New Delhi [India], July 31 (ANI): Credit growth to the Ministry of Micro, Small & Medium Enterprises (MSME) sector has expanded by Rs 52,800 crores in the current financial year as against degrowth of Rs 61,000 crore during a similar period of the previous year, SBI Research said in its
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US economy shrinks for second straight quarter, furthers recession fears
Updated : 3 years, 10 months ago IST
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
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PNB Housing Finance PAT slips 5 pc to Rs 243 crore in Q1
Updated : 4 years, 10 months ago IST
New Delhi [India], Aug 4 (ANI): PNB Housing Finance Ltd said on Wednesday its profit after tax stood at Rs 243 crore in Q1 FY22 versus Rs 257 crore in Q1 FY21, registering a degrowth of 5 per cent.
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MSME sector emerges as growth engine of economy, says RBI Governor
Updated : 5 years, 3 months ago IST
New Delhi [India], February 25 (ANI): The Micro, Small and Medium Enterprises (MSME) sector has emerged as the growth engine of the economy and is showing signs of revival after the Covid-led degrowth in early part of the current financial year (2020-21), Reserve Bank of India (RBI) Gover
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India's GDP to contract 16.5 pc in Q1 as pandemic spreads: SBI report
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 17 (ANI): India's GDP is expected to contract by 16.5 per cent during the first quarter of current fiscal as the current Covid-19 pandemic is spreading at a much faster rate after the opening up of the economy, State Bank of India's research report Ecowrap s
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HDFC profit falls 4.7 pc to Rs 3,052 cr
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Home loan lender Housing Development Finance Corporation (HDFC) on Thursday reported 4.7 per cent degrowth in its net profit during the quarter ended June at Rs 3,052 crore against Rs 3,203 crore in the year-ago period.
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