Mumbai (Maharashtra) [India], Aug 14 (ANI): Diversified financial services firm Edelweiss said on Wednesday its consolidated profit after tax fell to Rs 132 crore during April to June from Rs 264 crore in Q1 FY19 due to the economic slowdown and liquidity crunch facing several sectors.
Beijing [China], Aug 14 (ANI): China's industrial production in July grew at its lowest rate since February 2002 with the retail sector also taking a further hit amid a sharpening slowdown sparked by the US-China trade war.
Mumbai (Maharashtra) [India], Aug 13 (ANI): Equity benchmark indices closed 1.6 per cent lower on Tuesday as heavy selling pressure built up in automotive and telecom stocks while investors awaited a government fiscal stimulus package to reverse the slowdown in the overall economy.
New Delhi (India), Aug 12 (ANI): Amid increasing concerns over a slowdown in Indian economy, especially in automobile sector, RSS' industry wing -- Laghu Udyog Bharti (LUB) -- will be organising its three-day silver jubilee programme with RSS chief Mohan Bhagwat in attendance among others in
Washington DC [USA], Aug 10 (Sputnik/ANI): Trade tariffs imposed by the United States against China will moderately slow the country's economic growth this year, the International Monetary Fund (IMF) said on Friday.
New Delhi [India], Aug 3 (ANI): Congress leader Rahul Gandhi on Saturday criticised Prime Minister Narendra Modi government for the economic slowdown in the country and said it was incapable of building anything new.
Mumbai (Maharashtra) [India], Aug 1 (ANI): An unprecedented slowdown in the automotive sector pulled down Mahindra Logistics profit after tax to Rs 19 crore in the first fiscal quarter, 24 per cent lower from Rs 24 crore in the corresponding period of the previous financial year.
Noida (Uttar Pradesh) [India], July 25 (ANI): In an effort to reverse the slowdown in real estate sales across Noida, the Uttar Pradesh government has slashed circle rates of commercial as well as residential properties.
New Delhi [India], July 4 (ANI): India is set to witness a sharp slowdown in population growth in the next two decades, states the Economic Survey 2018-19 tabled by Finance Minister and Corporate Affairs Minister Nirmala Sitharaman in Parliament on Thursday.
Mumbai (Maharashtra) [India], July 4 (ANI): Indian equities closed marginally high on Thursday, a day before the presentation of Union Budget for 2019-20 that investors hoped will announce measures to reverse the slowdown in the economy.
New Delhi [India], July 3 (ANI) : Industry leaders expect the Union Budget for 2019-20 to lower corporate taxes and spur investments for shoring up consumption levels and reversing the slowdown in economic growth.
London [Britain], June 18 (ANI): Global rating agency Fitch Ratings has cut forecast for India's gross domestic product (GDP) growth to 6.6 per cent for the current fiscal 2019-20, from 6.8 per cent projected three months ago, largely due to persistent slowdown in manufacturing and agricultu