Hong Kong, December 22 (ANI): China's economic growth has been given a bleak picture by World Bank's report on Wednesday as the world's second-largest economy faces mounting headwinds from the new Omicron variant to a severe property sector downturn.
Mumbai (Maharashtra) [India], Sep 3 (ANI): India Ratings and Research (Ind-Ra) has changed the outlook to improving from stable for retail non-banking finance companies (NBFCs) and housing finance companies (HFCs) for 2H FY22.
Mumbai (Maharashtra) [India], August 24 (ANI): India Ratings and Research (Ind-Ra) said on Tuesday the domestic auto sector can continue to face supply chain headwinds, especially due to semiconductor chips shortages, over the remainder of FY22.
Mumbai (Maharashtra) [India], Aug 21 (ANI): India Ratings and Research (Ind-Ra) has said the decline in US sales of Indian companies was attributed to a high single-digit price erosion in US generic market coupled with a continued weak demand for the acute portfolio of products during 1Q FY2
Singapore, Aug 19 (ANI): Emerging southeast Asian economies are facing intense headwinds from persistent Covid-19 pandemic waves, S&P Global Ratings said on Thursday, adding that private consumption and services will be hit hardest.
Noida (Uttar Pradesh) [India], August 10 (ANI): Specialised automotive component manufacturing company Motherson Sumi Systems Ltd (MSSL) on Tuesday posted a profit after tax of Rs 290 crore in the April to June quarter versus a loss of Rs 810 crore in the same quarter of last year.
New Delhi [India], June 25 (ANI): Independent power producers in renewable power sector selling power in open access route are faced with increasing regulatory constraints in the form of upward revision of open access charges, denial of open access approvals and tightening of energy banking
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
Mumbai (Maharashtra) [India], May 29 (ANI): Domestic steel consumption is likely to be low over 1Q FY22 quarter-on-quarter due to the second Covid wave but not at the low levels witnessed over 1Q FY21 when there was a complete shutdown of activities, according to India Ratings and Research (
Mumbai (Maharashtra) [India], May 28 (ANI): Non-banking finance company Capri Global Capital Ltd (CGCL) has reported 10 per cent hike in its profit after tax to Rs 177 crore in the financial year ended March (FY21) from Rs 161 crore in FY20.
New Delhi [India], April 17 (ANI): The growth in assets under management (AUMs) of retail non-banking financial company (retail NBFC) sector is expected to revive in FY22 to about 8 to 10 per cent as compared to an estimated growth of a muted 3 to 5 per cent in FY2021, according to investmen
Geneva [Switzerland], March 10 (ANI): The International Air Transport Association (IATA) has announced results from its latest poll of recent travellers, showing growing confidence in a return to air travel, frustration with current travel restrictions and acceptance of a travel app to manag