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3 mins read
Stock markets end on positive note despite early setbacks
The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the b…
ANI
3 mins read
Gold loses sheen in August as economic data shows no sign of slowdown
Gold is not glittering all that much as central banks continue to hike rates and bond yields contin…
4 mins read
Indian tech majors to see uptick from next fiscal with added benefits from GenAI
The Indian IT sector is set for a slow year as global slowdown has made companies rethink their tec…
2 mins read
TCS revenue growth to slowdown in FY24: Fitch Ratings
Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited's (TCS) reven…
2 mins read
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…
ANI
4 mins read
Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?
Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…
2 mins read
After Germany enters recession, fears in Singapore of 'technical recession'
Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…
ANI
3 mins read
China retains 5% growth target for 2024 as economy struggles to shake off slowdown
Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…
PTI
4 mins read
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
3 mins read
Here are the winners and losers of China's economic slowdown as it ripples though global markets
A weaker China, BofA said, helps lower US inflation via a strong dollar but could also spur supply …
Phil Rosen
1 min read
Spotify is expected to lay off employees this week say media reports
Swedish music streaming giant Spotify is expected to lay off employees this week amid the deepening…
1 min read
India's footwear, textile exports vulnerable to global slowdown: Crisil
A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make I…
ANI
3 mins read
The Supreme Court's rejection of Biden's student-loan-forgiveness plan will make a looming economic slowdown even worse
The Supreme Court struck down student-loan forgiveness. The impact on the economy will be felt well…
Ayelet Sheffey
3 mins read
Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland
In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…
3 mins read
India's GDP growth forecast continues to see cuts
India’s GDP growth will slow down in the next calendar year of 2023, says a note released by …
2 mins read
Dollar General customers are increasingly looking for 'items at or below the $1 price point' amid economic slowdown, CEO says
Dollar General reported lower-than-expected earnings. Small tax refunds and inflation are behind th…
Alex Bitter
1 min read
The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "L…
Jacob Zinkula
2 mins read
Vladimir Putin's latest economic assault on the West is fueling fears of a global food crisis
Wheat prices surged after Russia pulled out of a UN-brokered grain deal and threatened to attack sh…
George Glover
3 mins read
Global shares get pummeled by investor fears of economic slowdown as inflation heats up
Retailers like Target and Walmart are warning about the impact of inflation on customers, while Wal…
Amanda Cooper
1 min read
2023 smartphone shipments to remain flat amid global slowdown
Smartphone shipments are to remain flat in 2023 amid a global slowdown, as it is expected to contin…