Search For "global recession"
Weekly market review: Sensex, Nifty post biggest loss in 2 years
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): Sharp increase in interest rates by the US Federal Reserve and other central banks have battered equities markets across the world with India's key indices Sensex and Nifty slumping by more than 5 per cent during the week, posting their biggest we
Read More
Sensex, Nifty slump 2 per cent on global recession fears
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by around 2 per cent on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order
Read More
Wall Street in deep red as oil hits USD 130, tech stocks down almost 4pc
Updated : 4 years ago IST
New York [US], March 8 (ANI/Sputnik): Wall Street ended in deep red territory on Monday, with tech stocks losing almost 4% after oil prices hit 14-year highs above $130 a barrel on the Russia-Ukraine crisis and analysts saying the ensuing inflation could result in a global recession.
Read More
Negative credit trends for A-Pac non-financial companies to continue: Mood
Updated : 5 years, 8 months ago IST
Hong Kong, July 17 (ANI): Moody's Investors Service said on Friday it expects negative credit trends for Asia Pacific non-financial companies to continue through 2020 as global lockdowns have caused severe disruptions in economic activity during the first half of the year.
Read More
Russian economy faces deep recession amid global pandemic and oil crisis:
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
Read More
Equity indices subdued as IMF predicts Indian economy to contract by 4.5 p
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Equity benchmark indices edged lower during early hours on Thursday due to weak global cues after the International Monetary Fund forecast the global output to shrink by 4.9 per cent this year.
Read More
Phillips Carbon Q4 PAT drops to Rs 72 crore, to expand Palej plant by 32,0
Updated : 5 years, 8 months ago IST
Kolkata (West Bengal) [India], June 23 (ANI): Phillips Carbon Black Ltd, a part of RP-Sanjiv Goenka Group, on Tuesday posted a net profit of Rs 72 crore during the quarter ended March (Q4 FY20) compared to a profit of Rs 74 crore in the corresponding period of previous year.
Read More
ABB India Q1 profit drops to Rs 66 crore on COVID-19 impact
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 14 (ANI): ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.
Read More
Equity indices up by 2.5 pc in early trade, pharma and FMCG gain
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI): Equity benchmark indices moved up during early hours on Wednesday following positive cues from global markets.
Read More
Industry bodies call for phased opening of economy with healthy stimulus d
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 8 (ANI): Industry bodies FICCI and ASSOCHAM on Wednesday called for phased opening up of the economy and re-starting growth with a stimulus package of 200 billion to 300 billion dollars (about Rs 15 lakh crore to 22 lakh crore).
Read More
Sensex dips by 130 points despite RBI rate cut, fears of global recession
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices dithered in volatile trade on Friday as the Reserve Bank of India (RBI) reduced key repo rate by 75 basis points in line with central banks around the world to limit the economic slowdown amid rising coronavirus (COVID-19).
Read More
Equity indices dip despite RBI rate cut, fears of global recession loom ov
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
Read More