Search For "slowdown"
Industrial material prices fall sharply on concerns about Chinese slowdown
Updated : 2 years, 10 months ago IST
Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in Ch
Read More
Global growth seen at 2.3 pc in 2023; slowdown centred in US, Europe: S&am
Updated : 2 years, 10 months ago IST
Global GDP growth is forecasted to slow from 3.0 per cent in 2022 to 2.3 per cent in 2023 and the slowdown is expected to be centred in Europe and the US -- regions where high inflation and monetary policy tightening through interest rate hikes are restraining consumer and business spending,
Read More
Meridean Overseas: Promoting Overseas Education and Sustainability
Updated : 2 years, 10 months ago IST
New Delhi/ Jaipur (Rajasthan) [India], April 22 (ANI/PRNewswire): The study abroad sector has regained momentum after a slowdown caused by the pandemic, with Red Seer estimating that 2 million Indian students will be studying at foreign universities by 2024. As the industry continues to g
Read More
Gold expected to continue to shine due to recession fears and high inflati
Updated : 2 years, 10 months ago IST
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
Read More
Pakistan: Toxic politics and its effects on economy
Updated : 2 years, 11 months ago IST
An unprecedented economic slowdown is set to haunt Pakistan's future from the very near term onwards. Over the past 18 months, domestic interest rates have raced by 14 per cent to the present 21 per cent, setting the course for suppressed borrowing by the mainstream, The News.com reported.
Read More
"Seems Chidambaram is living under a rock...:" BJP's Malviya
Updated : 2 years, 11 months ago IST
Taking to Twitter, Malviya said, "You, Mr Chidambaram, seem to be living under a rock or intentionally lying. The same World Bank (India Development Update dated Apr 1, 2023) report you have quoted talks about the resilience of India's growth, even in the face of global slowdown... India gro
Read More
Festival-time woes of Pakistan's religious minorities continue amid soarin
Updated : 2 years, 11 months ago IST
40 per cent inflation drains the festive spirit of Ramzan, Holi and Lenten in Pakistan with its religious minorities among the worst sufferers of the current economic slowdown.
Read More
Emerging-market economies in Asia are likely to be less affected by the gl
Updated : 2 years, 12 months ago IST
The emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures, according to 'OECD Economic Outlook, Interim Report March 2023: A Fragile Recovery,' released on Friday.
Read More
There are signs cost pressures in manufacturing sector softening: FICCI su
Updated : 3 years ago IST
FICCI's latest quarterly survey on manufacturing reveals that after experiencing a revival of the Indian economy in the financial year 2021-22, the momentum of growth has continued for the subsequent quarters of 2022-23 with some temporary effect of the global slowdown on Indian manufacturin
Read More
Hiring in US hospitality sector offsetting slowdown in tech-related recrui
Updated : 3 years ago IST
The leisure-and-hospitality industry is rebuilding its workforce after cutting back during the pandemic's early days. In contrast, companies focused on providing business and tech-related services have slowed their growth in recent months.
Read More
World Bank president meets PM Modi, commends India on maintaining solid gr
Updated : 3 years ago IST
Prime Minister Modi and Malpass discussed India in terms of "Amrit Kaal" and the goal to achieve and sustain 8 per cent growth as India approaches the 100th anniversary of its Independence in 2047.
Read More
Social discontent rises among Chinese as economy falls: Report
Updated : 3 years ago IST
China's economy is slow and it no longer satisfies the aspirations of upward mobility. The educated unemployment percentage is getting higher and higher and at the same time the economic rate is going down. Beijing's old economy seems to be reaching its limits: both Chinese and foreign manuf
Read More