Bengaluru (Karnataka) [India], Oct 11 (ANI): IT services major Infosys said on Friday its consolidated net profit dropped by 2.2 per cent to Rs 4,019 crore for the July to September quarter amid the domestic and global slowdown.
Geneva [Switzerland], Oct 11 (ANI): The International Air Transport Association (IATA) has announced global passenger traffic data for August showing that demand measured in total revenue passenger kilometres (RPKs) climbed 3.8 per cent compared to the year-ago period.
Moroni [Comoros], Oct 11 (ANI): Despite the global slowdown, India continues to be one of the fastest-growing major economies and is poised to be a USD 5 trillion economy by 2024-25, said Vice President Venkaiah Naidu here on Thursday.
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
Mumbai (Maharashtra) [India], Oct 10 (ANI): Higher provisions and slow net interest income growth pulled down IndusInd Bank's profit by 3.4 per cent sequentially during the July to September quarter, the private sector lender said on Thursday.
Bangkok [Thailand], Oct 10 (ANI): Growth in developing East Asian and Pacific economies is expected to slow from 6.3 per cent last year to 5.8 per cent in 2019 and to 5.7 and 5.6 per cent in 2020 and 2021 respectively, reflecting a broad-based decline in export growth and manufacturing ac
Mumbai (Maharashtra) [India], Oct 10 (ANI): India is experiencing a pronounced slowdown in economic growth which Moody's Investors Service has assessed to be partly related to long-lasting factors.
New Delhi [India], Oct 9 (ANI): Congress leader Jaiveer Shergill on Wednesday launched a scathing attack on RSS chief Mohan Bhagwat for backing the central government on the economic slowdown in the country.
Washington [US], Oct 09 (ANI): As the global economy is witnessing "synchronized slowdown", the effect is "more pronounced" this year in some of the largest emerging market economies like India, said the new International Monetary Fund (IMF) Managing Director, Kristalina Georgieva.
Nagpur (Maharashtra) [India], Oct 8 (ANI): RSS chief Mohan Bhagwat on Tuesday expressed confidence in the ability of the BJP leadership to tide over the present economic slowdown and said the country has to formulate its own economic vision in keeping with its requirements.
Mumbai (Maharashtra) [India] Oct 07 (ANI/BusinessWire India): Diamond market sentiment was weak in September after the Hong Kong show demonstrated a slowdown in Chinese demand.
New Delhi (India), Oct 7 (ANI): Expressing concern over the present state of the country's economy, the Congress on Monday accused the Centre of creating a trust deficit because of which the people are not taking credits, eventually leading to slowdown.