Mumbai (Maharashtra) [India], December 24 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its expectation for India's FY21 gross domestic product (GDP) growth to negative 7.8 per cent from negative 11.8 per cent due to easing of Covid-19 headwinds and better-than-expected 2Q F
Mumbai (Maharashtra) [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) has maintained a negative outlook on its mid and emerging corporates (MEC) portfolio for 2H FY21 due to persisting liquidity and macro-economic headwinds caused by Covid-19 led business disruptions.
Singapore, October 7 (ANI): India's power consumption and generation are likely to contract by 6.6 per cent and 6.8 per cent respectively, and for capacity to grow by only 2.7 per cent this year, according to Fitch Solutions.
Mumbai (Maharashtra) [India] September 3 (ANI/NewsVoir): Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry's growth in the coming quarters as consumer expenditure continues to remain focused on essentials - particularly food and grocery - reveals the late
Mumbai (Maharashtra) [India], Aug 5 (ANI): The recent surge in COVID-19 positive cases and subsequent lockdown imposed by various states are preventing the return of migrant labourers to their workplace, though such measures are necessary to control the outbreak, India Ratings and Research (
New York [USA], Aug 1 (ANI): Apple has surpassed oil giant Saudi Aramco to become the world's most valuable publicly traded company with a market valuation of 1.84 trillion dollars.
Mumbai (Maharashtra) [India], July 16 (ANI): Housing sales in top eight cities of the country dropped by 54 per cent year-on-year to a decadal low of 59,538 units during the first half of 2020 on account of COVID-19 pandemic, according to a Knight Frank India report released on Thursday.
Singapore, July 14 (ANI): The challenging economic and credit conditions stemming from COVID-19 will weigh on Indian and ASEAN banks' asset quality and profitability, according to Moody's Investors Service.
Mumbai (Maharashtra) [India], June 15 (ANI): Tata Motors on Monday reported a consolidated net loss of Rs 9,864 crore in the January to March quarter (Q4 FY20) as compared to a net profit of Rs 1,109 crore in Q4 FY19.
Mumbai (Maharashtra) [India], April 22 (ANI): Tata Steel said on Wednesday its production volume grew by 6 per cent year-on-year to 4.74 million tonnes during the fourth quarter (Q4) of previous fiscal (2019-20) compared to 4.48 million tonnes in Q4 FY19.
Ahmedabad (Gujarat) [India], Apr 15 (ANI): Chairman of diversified conglomerate Adani Group, Gautam Adani, said on Wednesday that India's domestic economy has always stood as a great shield in protecting the country from global economic headwinds and will continue to do so despite rising con
New Delhi [India], Mar 9 (ANI): The Indian hospitality industry is expected to perform at similar levels of growth as witnessed in 2019 with overall revenue per available room (RevPAR) growing within a range of 4.7 to 5.4 per cent over last year, according to a new report by HVS Anarock Hote