Singapore, February 4 (ANI): Asia Pacific is managing the pandemic well but the health and economic effects have been far tamer in the region than elsewhere in the world, S&P Global Ratings said on Thursday.
Geneva [Switzerland], December 9 (ANI): The International Air Transport Association (IATA) has said the recovery of passenger demand continued to be disappointingly slow in October with total demand measured in revenue passenger kilometres down 70.6 per cent compared to October 2019.
New Delhi [India], June 4 (ANI): Jindal Stainless Ltd (JSL) said on Thursday it has regained its footing in export volumes by ramping up production for global markets even as the country is yet to completely lift the Covid-19 lockdown.
Manila [Philippines], Mar 6 (ANI): The ongoing novel coronavirus (Covid-19) outbreak will have a significant impact on developing Asian economies through numerous channels including sharp declines in domestic demand, lower tourism and business travel, trade and production linkages, supply di
Mumbai (Maharashtra) [India], Feb 19 (ANI): India Ratings and Research (Ind-Ra) has revised the textile sector's outlook to negative for FY21 from stable as weak domestic demand growth, threat of cheap imports and dwindling incentives and exports are likely to keep volumes muted.
New Delhi [India], Dec 4 (ANI): Rating agency Standard & Poor's has reaffirmed India's sovereign credit rating at BBB minus with stable outlook and expects its economy to grow strongly over the next two years.
Mumbai (Maharashtra) [India], Oct 23 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Wednesday reported a standalone profit after tax of Rs 2,917 crore during the second fiscal quarter on revenue from operations totalling Rs 15,520 crore.
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
New Delhi [India], Apr 3 (ANI) Domestic demand is expected to remain the main driver as India's GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per cent in 2019-20, the Asian Development Bank said on Wednesday.
New Delhi [India], July 7 (ANI): Vietnam is predicted to maintain high economic growth supported by domestic demand. Thanks to boom in business investment from Japan!
New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.