Search For "economy"
NBFIs' credit pressures to persist as GDP recovers: Fitch
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], December 11 (ANI): Indian non-banking financial institutions (NBFIs) will continue to face challenging conditions in 2021 even as the economy is projected to gradually recover, according to Fitch Ratings.
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Circulate Capital Invests to Scale India's Circular Economy for Plastic Wa
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], December 10 (ANI/BusinessWire India): Circulate Capital, the Singapore-based investment management company focused on preventing plastic from leaking into the ocean and advancing the circular economy, today announced that the Circulate Capital Ocean Fund (CCO
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Over 2 million UK families likely to plunge into poverty amid COVID-19 cri
Updated : 5 years, 7 months ago IST
London [UK], December 9 (ANI/Sputnik): Over one million UK families comprising 2.4 million people experienced destitution in 2019, but the number is expected to double, as the COVID-19 pandemic has plunged the United Kingdom's economy into its deepest recession since recording began, a study
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Stable outlook for A-Pac power sector, India with negative outlook: Moody'
Updated : 5 years, 7 months ago IST
Hong Kong, December 9 (ANI): Stabilising or improving cash flows amid power demand recovery, the gradual pace of regulatory change and manageable transition to a low carbon economy underpin Moody's Investors Service's stable outlook for the Asia Pacific power sector in 2021.
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Indian economy will bounce back, steps needed to accelerate early rollout
Updated : 5 years, 7 months ago IST
New Delhi [India], December 8 (ANI): Reliance Industries Limited Chairman Mukesh Ambani on Tuesday said that the Indian economy will not only bounce back but will also grow with unprecedented acceleration.
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Fitch revises India's FY21 GDP contraction forecast to 9.4 pc
Updated : 5 years, 7 months ago IST
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
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Japan to adopt new economic stimulus package worth more than USD 707 billi
Updated : 5 years, 7 months ago IST
Tokyo [Japan], December 8 (ANI/Sputnik): Japan will adopt new stimulus measures on Tuesday including a package worth 73.6 trillion yen (over USD 707 billion) aimed at supporting the economy amid the coronavirus pandemic, Prime Minister Yoshihide Suga said.
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Karnataka Congress extends support to farmers' call for Bharat Bandh
Updated : 5 years, 7 months ago IST
Bengaluru (Karnataka) [India], December 7 (ANI): Karnataka Congress president DK Shivakumar on Monday extended support to the farmers' call for Bharat Band in protest against the new farm laws, saying that farmers are a great support to the economy.
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SRAM & MRAM join hands with SKYMED to manufacture PPE products
Updated : 5 years, 7 months ago IST
Bangkok [Thailand], December 7 (ANI/NewsVoir): SRAM & MRAM Group, UK based conglomerate has signed a historic pact with Sufficiency Economy City Pte, Ltd. Thailand, (The Brand Owner of SKYMED) to enhance production and supply of PPE kits.
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Farmers should agree on mid-way solution: JD(U)
Updated : 5 years, 7 months ago IST
Patna (Bihar) [India], December 6 (ANI): Janata Dal (United) spokesperson Rajeev Ranjan Prasad on Sunday suggested that the protesting farmers should agree on a mid-way solution to support the country's economy.
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Economy to contract at 7.5 pc for FY21 due to COVID-19 impact: RBI
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
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Fearing anti-government protests, China re-opens Tibet for tourists amid C
Updated : 5 years, 7 months ago IST
Taipei [Taiwan], December 4 (ANI): As the anti-China protests in Tibet gain international attention, China re-opened the region for tourists in March despite the coronavirus pandemic, thus, proclaiming "rapid growth of the regional tourist economy".
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