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2 mins read

Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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1 min read

Sam Altman says 'there is no wall' in an apparent response to fears of an AI slowdown

Sam Altman posted 'there is no wall,' an apparent reference to concerns in tech over whether scalin…

Robert Scammell   


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2 mins read

Partner pay at Big 4 firms is dropping, the latest sign of the consulting slowdown

Partners at the Big Four consultancies are taking home less this year after the sector sees slowdow…

Polly Thompson   


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3 mins read

All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank

​​China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…

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2 mins read

RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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1 min read

All eyes are on TSMC earnings as the chipmaker industry faces slowdown worries

ASML slashed guidance on Tuesday, leading to a sell-off in chip stocks and raising the stakes for T…

Jennifer Sor   


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Miu Miu is hot right now — and Prada's chic sibling is helping it buck the luxury slowdown

Prada reported surging sales during the most recent quarter at Miu Miu, its Gen Z-favored brand.

Maria Noyen   


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The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

Nora Naughton   


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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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Tesla reversed its sales slowdown, but not enough to calm investors' nerves

Across the industry, automakers are struggling with a slowdown in demand. Tesla has been largely ab…

Graham Rapier,Nora Naughton   


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1 min read

The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025

The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…

Theron Mohamed   


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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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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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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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Investors are pouring into this defensive corner of the stock market amid fears of an economic slowdown

The the S&P 500's consumer staples sector has risen sharply in the last month as investors play def…

Kelly Cloonan   


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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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2 mins read

IPO market braces for brief slowdown, 2 new issues targeting Rs 365 crore next week

New Delhi: The primary market will see a slowdown next week with only two IPOs, Garuda Construction…

PTI   


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James Faris   


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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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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