Search For "economic activity"
ICRA upgrades steel sector's outlook due to improving demand and prices
Updated : 5 years, 3 months ago IST
New Delhi [India], December 15 (ANI): Investment information firm ICRA has upgraded its outlook for the Indian steel sector to stable on the back of improving demand and prices.
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European air transport recovery to be worse than other regions: IATA
Updated : 5 years, 3 months ago IST
Geneva [Switzerland], December 11 (ANI): The International Air Transport Association (IATA) has released new estimates for the impacts of COVID-19 on air transport and economies in Europe in 2020, indicating a further deterioration in revenues, job prospects and economic activity across the
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New study proposes strategies to control Covid pandemic while sustaining e
Updated : 5 years, 4 months ago IST
New York [US], November 12 (ANI): Researchers have developed two strategies, if used together and followed closely could reduce coronavirus transmission by transmission by an amount comparable to that of a strict lockdown, while maintaining economic activity.
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Business activity may touch pre-COVID-19 levels by March: Care Ratings
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 22 (ANI): There has been a pick-up in economic activity since the government began gradual relaxations on June 1 after the COVID-19 lockdown but it will be a long way before pre-COVID levels are attained, Care Ratings has said.
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Economy showing sign of stability, but recovery to be gradual: RBI Governo
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 16 (ANI): India's economic recovery is likely to be gradual as the country is still reeling from the impact of coronavirus (Covid-19) and rising infections continue to pose a risk, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday.
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India's economy likely to tank 9 pc due to Covid distress: S&P
Updated : 5 years, 6 months ago IST
Singapore, Sep 14 (ANI): S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.
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Fitch lowers India FY21 GDP forecast to minus 10.5 per cent
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
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Credit quality weakens for A-Pac metals and mining on economic slowdown
Updated : 5 years, 6 months ago IST
Singapore, September 3 (ANI): The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 24 rated mining and mining services companies in the Asia Pacific will decline around 10 per cent to 53 billion dollars in 2020 from 59 billion dollars in 2019, Moody's Inv
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Real Estate Sector Witnesses Improved Market Sentiments in Unlock Phase
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 27 (ANI/NewsVoir): The pervasive impact of the COVID-19 pandemic is evident on real estate through stalled deals, halt in sales, and delay in launches. As India enters Unlock 4.0, the restarting of economic activity and push by the government through various initiative
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Infrastructure spending can help spur economic activity: KPMG
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 25 (ANI): As India faces its deepest recession since Independence, infrastructure spending can help spur economic activity and the involuntarily unemployed through job creation, global professional consulting services firm KPMG said on Tuesday.
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Coronavirus hits Indian electricity demand, capacity addition: Fitch
Updated : 5 years, 7 months ago IST
Singapore, Aug 21 (ANI): Fitch Ratings expects India's electricity demand to drop by 4 per cent during the financial year ending March 2021 given the expectations of only a gradual pick-up in economic activity since pandemic-related lockdowns were relaxed in June.
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RITES Q1 net profit drops to Rs 60 crore on COVID-19 woes
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 11 (ANI): Government-owned RITES Ltd said on Tuesday its profit after tax dropped to Rs 60 crore in the quarter ended June on a standalone basis from Rs 93 crore in Q1 FY20.
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