The Indian benchmark indices, Sensex and Nifty50 on Wednesday opened in red territory amid the cyclical earnings slowdown and global cues which dampen investor sentiments.
The recent slowdown in the bank credit growth especially in the personal loans is likely to impact the consumption in the urban areas, says a report by Crisil.
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
Prime Minister Narendra Modi on Tuesday took a jibe at Congress over its complaint and subsequent letter to the Election Commission regarding "slowdown in updating results" of assembly polls in Haryana and alleged that the opposition party wants to tarnish every institution
The Election Commission on Tuesday termed as "ill-founded" Congress allegation of slowdown in updating results of assembly polls in Haryana and said it rejects the attempt "to surreptitiously give credence to irresponsible, unfounded and uncorroborated malafide narratives".
"Our airport systems are up and running, and our airport services have eased out effectively. However, we kindly ask for your understanding as we work to restore our other applications. While it may take a little time to achieve full normalcy, we look forward to providing you with a smooth e
One of the major domestic airlines of India, IndiGo, on Saturday said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings, however, it assured their customers of "best possible" assistance and support.
Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August 2024, down from 19 per cent in July 2024. The Reserve Bank of India (RBI) credit card data for August 2024, has also highlighted a continued slowdown in both the number of cards i
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
Indian markets started the fresh week with a decline following weak global cues and a downturn in Asian markets. Globally, markets are under pressure as the Fed meeting date approaches and due to the slowdown in growth in Germany and the Chinese economy.