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slowdown blues

Slowdown Blues

Uday Kotak, Kotak Mahindra Bank CEO
Updated : Mar 11, 2023

Silicon Valley Bank crisis: Uday Kotak says an 'accident' was waiting to happen

Silicon Valley Bank (SVB) is one of the important lenders for early-stage businesses in the US. Venture or private equity funds make up approximately 56 per cent of the bank's global banking portfolio in 2022.

The employees are seeking merger of the cash-strapped corporation with the state government for better salaries and other benefits.
Updated : Dec 10, 2021

MSRTC suspends 150 more employees as strike enters 43rd day

MSRTC suspended 150 employees and terminated the services of two daily wage workers for taking part in the strike which continued on the 43rd day

Covid-19 has derailed India's hope of a quick economic recovery
Updated : Apr 16, 2021

Infographic: Economic Recovery Stalled

The second wave of Covid-19 has derailed India's hope of a quick economic recovery with some economic indicators showing signs of stress

India's GDP has suffered the biggest contraction among world's major economies
Updated : Jan 21, 2021

Infographic: India's GDP - Apples to apples

Be it any metric, India's GDP has suffered the biggest contraction among world's major economies

Updated : Jan 21, 2021

Per capita GDP to slip below Rs 1 lakh

India's per capita GDP is projected to fall below Rs 1 lakh mark in 2020-21

Updated : Jan 21, 2021

India in recession after 41 years

India will see a recession after 41 years with the GDP expected to shrink 7.7% in 2020-21

Toyota Kirloskar recently launched the BS VI variant of Innova Crysta
Updated : Nov 11, 2020

'Expect auto industry growth to pick up by third quarter of this year,' says Toyota Kirloskar

The company, which had recently launched the BS-VI version of its popular multi-purpose vehicle Innova Crysta, said it will be rolling out diesel variants of other models such as Fortuner by the end of this month or early February

Typically, the 42 day festive period between Navratri and end of Diwali every year brings in about 25 percent of industry volumes for cars and two wheelers in India.
Updated : Oct 6, 2020

Slowdown Blues: No bumper festive season for auto industry but declining trend may be arrested

From a month-on-month basis, there has been an uptick, both in enquiries and actual sales, but with Navratri out of the way, what's certain is that a bumper festive season is missing

Updated : Aug 25, 2020

Infographic: Coronavirus outbreak triggers full-blown economic crisis

Coronavirus has badly shook the Indian economy with all major sectors taking a major hit as all activities come to a standstill

Moody's, S&P and Fitch - have downgraded India to their respective lowest investment grade
Updated : Jun 26, 2020

Infographic: Will credit rating agencies downgrade India to junk status?

Top credit rating agencies have downgraded India but the country has managed to escape a 'Do Not Invest' tag, also called the junk status. Here's a look at what led to decline in India's sovereign ratings, and what it will take to reverse the trend

India's previous recessions and how bad it might get in 2020
Updated : Jun 26, 2020

Infographic: Rs 21 lakh crore won't stop recession

Economic package of Rs 21 lakh crore will do little to stop Indian economy from slipping into recession as most sectors struggle to return to normalcy

India-China clash: No Trump, Modi conversation, say officials
Updated : May 29, 2020

'No conversation between PM Modi, Trump on India-China standoff,' say govt officials

India-China border tension: US President Donald Trump had said that he spoke with PM Modi about the conflict and said that the Prime Minister was not in a good mood

How coronavirus has damaged job scene in India
Updated : May 22, 2020

Infographic: How coronavirus has damaged job scene in India

Most cash-starved companies are forced to cut jobs as coronavirus lockdown has  brought the economy to a complete standstill

In total, Bajaj Auto's sale of vehicles declined 6 per cent in October.
Updated : May 11, 2020

Auto slowdown: Bajaj Auto posts 14% decline in domestic motorcycle sales in October

Bajaj Auto motorcycle sales, including export, fell 8 per cent to 398,913 units from 432,985; the company also saw a 5 per cent fall in domestic commercial vehicle sales in October

Coronavirus effect: Rs 60 lakh crore of investor wealth has been eroded
Updated : Apr 29, 2020

Infographic: Has Sensex bottomed out?

Sensex has plunged 39% since its peak due to coronavirus impact; investors wonder if it has bottomed out 

Updated : Feb 20, 2020

Slowdown Blues: India's savings rate nosedives to 15-year low, claims report

India's gross savings fell to 30.1 per cent of gross domestic product (GDP) in FY19 from 34.6 per cent of GDP in FY12. The last low was in financial year 2003-04, when gross savings were pegged at 29 per cent

Utility vehicles continued to buck the trend growing 2.6 per cent at 84,929 units
Updated : Feb 10, 2020

Slowdown Blues: Passenger vehicle sales decline 6.2% in January, steepest in four months

A total of 164,793 cars were dispatched to dealerships across the country last month, an 8 per cent decline over 2019 while the sale of vans declined 28 per cent at 12,992

Representative Image
Updated : Jan 21, 2020

Slowdown blues: FMCG growth in 2019 contracts to 3-year low

For this year, data analytics firm Nielsen is projecting a growth of 9-10 per cent and has added that the first quarter this year (January-March 2020) may see a growth of 8-9 per cent

A drop in freight traffic of cement and coal majorly impacted the overall freight traffic
Updated : Jan 20, 2020

Slowdown Blues: Railway freight traffic drops to three-year low in April-December'19

Coal freight traffic which accounts for almost half of the total traffic declined by 2.3% in the first nine months of 2019-20 as against a 10.1% rise seen in the year-ago period

Lengthy operating cycles and working capital intensive nature of the business is an inherent characteristic of the gems and jewellery industry
Updated : Jan 16, 2020

Slowdown Blues: Gems & jewellery exports decline for 9th consecutive month in FY20

Exports of gems and jewellery are unlikely to see an uptick in remaining months of FY20

Representative Image
Updated : Jan 9, 2020

Slowdown Blues: Project tenders in infra fall for 4th month in a row

The decline in the month was largely attributed to sectors such as roadways, community services, water supply, real estate and power distribution