Slowdown Blues

images/secimages/economyslowdown_051319041734.png

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
Slowdown Blues: Retail banking growth showing signs of moderation
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.
Slowdown Blues: Only 13% companies plan to hire more people in July-September quarter: Survey
The employment outlook for the upcoming July-September 2019 quarter comes at a time when the Modi government 2.0 is struggling to remedy the bleak job scenario in India
Slowdown Blues: Maruti Suzuki cuts production by 18% in May
Slow domestic demand hounding the Indian auto sector saw Maruti Suzuki, the biggest carmaker in India, slashing vehicle production for the fourth consecutive month in May
Slowdown Blues: Govt confirms unemployment rate highest in 45 years at 6.1%
The joblessness among male on all India basis was 6.2 per cent, while it was 5.7 per cent in case of females.
Slowdown Blues: India's GDP tanks to 5.8% in March quarter, loses fastest-growing economy tag to China
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
Slowdown Blues: ONGC Q4 net declines 31% on drop in output, prices
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
Slowdown Blues: SAIL Q4 net profit falls 42% to Rs 468 crore
The company had posted a standalone net profit of Rs 815.57 crore in the corresponding quarter previous fiscal
Slowdown Blues: Central Bank of India Q4 loss widens to Rs 2,477 crore
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
Slowdown Blues: Adani Green Energy Q4 loss widens to Rs 94 crore; plans to raise Rs 5,000 crore
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