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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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Asian markets decline amid economic slowdown fears, experts say limited impact on India

Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…

ANI   


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Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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Stock market today: Nasdaq drops 3% as weak manufacturing data renews US growth fears

Investors were disappointed by Tuesday's manufacturing data, which amplified fears that the US econ…

Filip De Mott   


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Stock market today: Indexes trade mixed after worst sell-off since August rout

Nvidia shares continued to lose ground after a report the Department of Justice is probing the AI t…

Jennifer Sor   


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India's services sector activity hits 5-month high in August on uptick in new work orders

On the price front, input costs rose at their slowest pace in six months, with both the manufacturi…

PTI   


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India's services sector activity moderates in August; exports expand at record pace

India's services sector activity eased in August but growth rates for new orders remain elevated, …

PTI   


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August auto sales: Hero Moto clocks in 7% sales while TVS and Bajaj Auto show stronger recovery compared to July

The Indian two-wheeler manufactures are seeing signs of a turnaround from the lockdown woes, with s…

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4 mins read

Here’s what Narendra Modi’s closest advisors have been saying about economic slowdown

However, the PM’s Economic Advisory Council (PMEAC), some Modi’s closest advisors, are a divi…

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7 mins read

Here’s what to expect from Maruti Suzuki and M&M to Hero MotoCorp and Bajaj Auto in August auto sales

The Indian automobile sector is expected to witness a turnaround in August on the back of gradual n…

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2 mins read

The US private sector added 132,000 jobs in August as the economy shifted into 'a more moderate pace of hiring,' ADP says

Hiring landed below forecasts in August, signaling the labor market is slowing alongside rising int…

Ben Winck   


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Suzuki cuts WagonR, Alto and other small car production by a massive 63%

While it has been trimming output since February. In August, it produced only 111,370 units, Suz…

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The maker of General Motors and Toyota's parts in India is folding up — axing thousands of jobs

Sluggish growth and falling sales over the last nine months has led to auto dealerships and plant s…

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America's manufacturing flashed a 'warning light' in August

A crossover SUV vehicle is welded by robot arms as it goes through the assembly line at the General…

Bob Bryan   


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Global stocks edge up after a hiring slowdown in the US calms taper fears, while oil drops after OPEC+ sticks with its supply plans

Oil fell after OPEC+ agreed to only a gradual rise in crude supply, defying calls from the Biden ad…

Shalini Nagarajan   


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Pidilite shareholders are paying the price for the real estate slowdown — weak pre-monsoon sales to drag revenues

For the 61-year old brand Pidilite, the pre-monsoon season is usually the best time of the year— as…

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1 min read

Auto sector slowdown due to loan related issues, BS-VI transition: Tata Motors

Indore, Jan 27 () The country's automobile industry will gather pace by July-August this year, a to…

PTI   


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Maruti, Mahindra and the likes have a new battle to fight – the growing Chinese competition amidst slowdown

Chinese car manufacturers Great Wall Motor (GWM) and FAW Haima showcased their first vehicle…