Slowdown Blues
Business Today
Slowdown Blues
Slowdown Blues: Paper production at all-time low, book publishing sector takes a hit

In 2019-20, CMIE projects the paper output to drop further by 4.8 per cent to touch a new record-low level of 6.6 million tonnes

A major decline has taken place in the newest segment of consumer durable financing, where some non-banking financial companies (NBFCs) have made bigger stride.
The latest figures will be a major cause of concern for both the prime minister Modi and Nirmala Sitharaman, who has been appointed as the new Finance Minister
The company had posted a standalone net profit of Rs 815.57 crore in the corresponding quarter previous fiscal
Depreciation in the fourth quarter of 2018-19 was at Rs 293 crore, up by 77 per cent. Interest and bank charges rose to Rs 274 crore from Rs 142 crore a year ago
Mangalore Refinery and Petrochemicals Ltd (MRPL) Tuesday reported 41 per cent drop in fourth-quarter net profit after refinery margins shrank.
The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in case of females.
While oil production dropped 5 per cent to 4.8 million tonne, the price it realised for every barrel of crude oil sold was 3.6 per cent lower at USD 61.93
Total income grew to Rs 6,620.51 crore in the three months to March from Rs 6,301.50 crore in the year-ago period, Central Bank said in a regulatory filing
Total two-wheeler sales in April declined 16.36 per cent to 16,38,388 units