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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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3 mins read

ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…

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Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities

According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio…

ANI   


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It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…

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3 mins read

Fresher hiring sees a significant decline, particularly in IT sector! What should you do?

Last week news began trending that claimed more than 30% of IIT Bombay students could not get place…

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What earnings beat? Disney's streaming slowdown is all anyone on Wall Street cares about

Disney stock tumbled 11% as investors focused on lighter-than-expected streaming numbers instead of…

Matthew Fox   


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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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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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Slowdown in hiring by IT companies to continue at least till March 2024

India’s technology services sector, which has been the engine of white collar jobs in India, is slo…

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3 mins read

India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

ANI   


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3 mins read

Indian economy relatively slowed in Q1-FY25, here's what experts have to say

The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…

ANI   


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Amidst slowdown, noodle and biscuit sales see an uptick in rural areas

Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …

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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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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…

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1 min read

India's gems & jewellery exports likely to slip 10-15% pc in FY23: GJEPC

India's gems and jewellery exports are likely to decline by 10 to 15 % in the current financial yea…

PTI   


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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…

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3 mins read

India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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Synology bets big on the Indian market amid strong growth, growing demand

Taiwanese storage solutions provider Synology introduced several new products aimed at offering dat…