New Delhi [India], August 1: Amidst the challenges faced by the Indian mobile accessories industry due to the pandemic and a global shortage of components, consumer spending on such accessories experienced a slowdown. However, a recent boom is now being observed, driven by consumers seeking
The inaugural evening of the T20 Summit concluded with a special address by Amitabh Kant, India’s G20 Sherpa. The Sherpa complimented the T20 for its contribution as a global ideas bank. He reiterated Prime Minster Modi’s message that the Indian Presidency had sought to be amb
The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth expected to accelerate from 3.1 percent in 2022 to 4.1 percent this year and the next.
The Indian economy has carried the momentum from the past year into the current fiscal year and there has been no evidence by far that suggests a slowdown in the current financial year 2023-24, said the Department of Economic Affairs under Ministry of Finance in its monthly review report.
"The whole world praises PM Modi but Congress calls him a snake, illiterate, chaiwala. Today there is an economic slowdown in America, Europe, and Australia but India's economy is standing strong," BJP national president said in Jharkhand.
China's economic slowdown could increase the prospect of a military crisis in the Taiwan Strait as Chinese President Xi Jinping may further embrace nationalism in his unprecedented third term, a prominent US think tank has warned, Nikkei Asia reported.
Based on data from Enterprise Singapore, a statutory board under Singapore's Ministry of Trade and Industry, non-oil domestic exports (NODX) declined 14.7 per cent in May. This is following a fall of 9.8 percent in April led by decreases in both electronics and non-electronics exports. The d
According to data from Crunchbase, total global venture funding started to fall in Q1 2022 from its peak of around USD187 billion in the last quarter of 2021. To be fair, 2021 was a unique year for various reasons (explained later in this article) and is not likely to be repeated any time so
Mumbai (Maharashtra) [India], May 10 (ANI/BusinessWire India): CaratLane, India's largest digitally native omni-channel jewellery brand ended the year on a high crossing Rs 2000 cr. in revenue for the first time. While the category saw a huge slowdown in customer sentiment towards the end of
While speaking in terms of cargo business, he said there was a bit of lag. He said globally too, it was suffering. "In Europe, there is a slowdown. In the US, there is no growth," he added.
According to Jahnavi Prabhakar who authored the report, a lot is at stake for Federal Reserve now, as it considers the next rate action given the stubbornly high inflation, elevated wage growth, credit crunch scenario and uncertainty in global growth.