The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
Mumbai (Maharashtra) [India], January 28 (ANI): The Covid-19 pandemic led to consumer demand weakness with total jewellery demand in India for 2020 dipping by 42 per cent at 315.9 tonnes as compared to 544.6 tonnes in 2019, the World Gold Council (WGC) said on Thursday.
Kuala Lumpur [Malaysia], Sep 24 (ANI): International air passenger demand stayed severely depressed in August as a result of ongoing border restrictions, preliminary figures released on Thursday by the Association of Asia Pacific Airlines (AAPA) showed.
New Delhi [India], June 1 (ANI): Amid the ongoing coronavirus lockdown, Indian manufacturers recorded another sharp deterioration in business conditions during May, according to the latest Purchasing Managers' Index (PMI) data.