New Delhi [India], Oct 7 (ANI): Congress general secretary Priyanka Gandhi Vadra on Monday said that companies were being forced to curtail their production due to slowdown but the government was trying to escape from being blamed for the bad economic situation.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
New Delhi [India], Oct 3 (ANI): BJP leader and Bihar Deputy Chief Minister Sushil Kumar Modi on Thursday said that low Goods and Services Tax (GST) collection is because of the cyclical slowdown in automobile and some other sectors.
New Delhi [India], Oct 3 (ANI): Macro-economic uncertainties as well as weaker sentiments due to on-going trade wars have led to slowdowns in global consumption growths of aluminium and copper at 1.1 per cent and 0.5 per cent respectively during H1 CY19 from 4 per cent and 2.3 per cent growt
Mumbai (Maharashtra) [India], Oct 1 (ANI): Fast-moving consumer goods major Marico said on Tuesday that demand and consumer sentiments for its products weakened progressively during the quarter of July to September quarter, which manifested in slowing category growths.
New Delhi [India], Oct 1 (ANI): Consumer sentiment continued to be weak in September amid economic slowdown, leading several automobile manufacturers to report falling sales on Tuesday despite deep discounts being offered ahead of the festival season.
New Delhi [India], Oct 1 (ANI): Indian manufacturers were again hit by subdued demand conditions domestically and externally, which led them to limit production, lower inventories and reduce input buying, according to IHS Markit India Manufacturing Purchasing Managers' Index (PMI) released o
New Delhi [India], Sep 26 (ANI): Following a sharp correction in unit sales amid slowing economic growth and infrastructure investments, ICRA has revised the outlook on construction equipment sector to negative.
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
Tokyo [Japan], Sep 25 (ANI): The Asian Development Bank (ADB) has revised its outlook for India's economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting
New Delhi [India], Sept 24 (ANI): Though domestic apparel exports are expected to remain in the positive zone during rest of the year, there are multiple threats looming which could slow down the pace and make it challenging for apparel exporters, investment information firm and rating agenc
Pune (Maharashtra) [India], Sept 23 (ANI): Hailing Prime Minister Narendra Modi for the grand success of 'Howdy Modi' event in Houston, BJP working president J P Nadda on Monday said that he has shown that India has established itself on the world stage.