Search For "slowdown"
India Inc largely optimistic about GDP growing over 6.5%: Survey
Updated : 3 years, 2 months ago IST
The survey said business leaders, who are chief experience officers (CXOs), in India are confident that Budget 2023-24 will help fuel economic growth across sectors and industries, amid a potential global slowdown and geopolitical instability.
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Indian stocks to exhibit resilience in 2023; EV, defence, infra in focus:
Updated : 3 years, 2 months ago IST
The positive outlook for 2023 is despite concerns emanating from the global slowdown and a possible recession in the Western economies due to the unwinding of monetary policy by central banks.
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US issues nearly 1,25,000 student visas to Indians in 2022: Price
Updated : 3 years, 2 months ago IST
While responding to a query over the slowdown in clearing visas backlog for Indian tourists, Price admitted that there was a delay but also said, "Our embassy and consulates in India broke their all-time record for the number of student visas issued in a single fiscal year. We have issued
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Rise in India's exports on expected lines but challenges continue: FIEO Pr
Updated : 3 years, 2 months ago IST
The Federation of Indian Export Organisations (FIEO) President A Sakthivel has said India's exports coming back in the positive territory was on the expected lines but the challenges would continue due to the ongoing slowdown in demand and rising inflation in several economies.
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Fitch downgrades India's auto loan sector outlook on economic slowdown ris
Updated : 3 years, 3 months ago IST
High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.
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India remains more resilient than other emerging market economies: World B
Updated : 3 years, 3 months ago IST
For other EMEs, the World Bank in the report said impacts from the US, euro area, and China are at least 1.5 times larger than for India. It added India's relative resilience comes from its solid economic fundamentals, significant foreign exchange reserves, available policy space and prudent
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"First time we are setting out own agenda...:" G20 Sherpa Amitabh Kant on
Updated : 3 years, 3 months ago IST
"There're challenges of geopolitical crisis in Europe, breakdown of supply chains, the crisis of climate action, poverty, inflation & slowdown of global growth. Amid such a crisis India is taking the G20 presidency, we believe every crisis is an opportunity," Kant said at the first si
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Slowdown in realty market adds to China's economic woes: Report
Updated : 3 years, 3 months ago IST
The risk of the Chinese ecnomy going into a tailspin has increased, with the country's realty sector facing a crisis due to extreme borrowings by construction contractors, reported Channel News Asia.
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South Korean exports expected to continue to decrease in fourth quarter
Updated : 3 years, 3 months ago IST
Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to dec
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Strong headwinds to slowdown global trade growth further in 2023: WTO
Updated : 3 years, 3 months ago IST
Global trade growth is likely to slow in the closing months of 2022 and into 2023 as the global economy continues to be engulfed by strong headwinds.
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US Fed signals slowdown in policy rate hikes
Updated : 3 years, 3 months ago IST
For the record, the US Federal Reserve on November 3 raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent. Notably, this was the fourth consecutive hike of such magnitude.
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China-Pakistan Economic Corridor gaining momentum seems unlikely: Report
Updated : 3 years, 3 months ago IST
Apart from delay in making special economic zones, the COVID-19 pandemic, political and policy stability and non-ease of doing business were responsible for CPEC's slowdown.
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