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Total 37 results found. Search for [ ongoing economic slump ]

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New Delhi, September 14, 2019
Finance Minister Nirmala Sitharaman's press conference: The Modi government is battling with the ongoing economic slowdown, which has spread from auto, real estate, manufacturing, FMCG to several other allied businesses

New Delhi, September 12, 2019
ONGC to invest Rs 13,000 crore in Assam in next five yearsState-owned Oil and Natural Gas Corporation (ONGC) will invest over Rs 13,000 crore in Assam over the next five years. The oil and gas company has signed a memorandum of understanding (MoU) with the Assam government for boosting its exploration and production activities in the state, according to a PTI report. The company will make investment for drilling more than 220 oil and gas wells across the state, it said.SBI update:...

New Delhi, September 11, 2019
FM Sitharaman, in a press conference on Tuesday, said the auto slump was due to many factors like the change in the mindset of millennials, who now prefer taxi aggregators like Ola and Uber

September 10, 2019
The sharp decline in sales, for the tenth consecutive month, has forced job losses and production cuts across India's massive auto sector and now the downturn can be seen affecting automakers' small cars portfolio too.

New Delhi, September 6, 2019
There are a lot of uncertainties related to BS-VI emission norms transition and how it can impact the overall demand, says Tata Motors CEO and Managing Director Guenter Butschek

September 4, 2019
The overall volume at India's top four medium and heavy commercial vehicle makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent year-on-year to 31,067 units in August

September 3, 2019
The Indian currency extended its fall in late afternoon session declining 100 paise to 72.40 per dollar. Later, the currency closed 99 paise lower at 72.39 to the dollar.

New Delhi, September 2, 2019
After slumping to an over six-year low, India's economic growth will pick up over the coming quarters but the rebound is expected to be weaker than before, said Fitch

Rashmi Pratap
New Delhi, September 2, 2019
Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging

August 23, 2019
Addressing the media on measures to boost the economy, Sitharaman said the government respects and honours wealth creators

New Delhi, August 23, 2019
Rajiv Kumar says India is facing such an economic downturn for the first time in 70 years, a liquidity crisis wherein lenders have stopped funding businesses, resulting in a situation where they have to survive on cash

July 18, 2019
Fast Moving Consumer Goods (FMCG) sector will face a slowdown in 2019 with the deceleration being driven by North and West zones in India.

May 22, 2019
Share Market Update:  Indian Benchmark indices extended gains in the afternoon session to close on the positive side, backed up by gains in Bank, Realty, Auto and Financial Services. However, India Vix index, that subjects volatility in the market, was up at 27, ahead of counting of Lok Sabha Election 2019 to be done on May 23.

New Delhi, January 11, 2019
GST Council Meet: GST exemption limit increased from Rs 20 lakhs to Rs 40 lakhsThe GST Council relaxed tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakh during its 32nd meeting on Thursday. The all-powerful panel also decided to extend the composition scheme to traders from informal sector rendering services or mixed supplies with a turnover up to Rs 50 lakh. The exemption limit for small states has also been increased to Rs 20 lakh from Rs 10 lakh.World Bank's global repor...

October 15, 2018
The ministry of corporate affairs Monday welcomed the NCLAT stay on all the proceedings against debt-laden IL&FS and other group companies and said the priority is to pay salaries and complete ongoing projects, rather than repaying large debt.

Joe C Mathew
Delhi, October 18, 2017
All major engines of economic growth - private investment, private consumption, exports, agriculture and even government expenditure - have either failed to pick up momentum or slowed down.

ArunaGiri N
New Delhi, September 13, 2017
After all the wait for markets to come off the overshoot, the notional portfolio erosion during the under-shoot after initiating value buying, makes even the staunch value investors shaky.

July 6, 2016
US crude was up 4 cents at $46.64 a barrel at 0635 GMT, after initially gaining then falling in thin trade. The contract fell 5 percent to end at $46.60 on Tuesday as U.S. investors digested news of an OPEC increase in production after the July 4 holiday on Monday closed trading.

Naveen Mathur
February 9, 2016
On a fortnightly basis, global equity markets traded on a negative note owing to number of unexpected movements in the international markets.

Meghna Mittal
New Delhi, February 1, 2016
While Indian manufacturing sector saw an unexpected rise in January crossing the 50-mark, the Chinese manufacturing Purchasing Managers' Index fell even below the analysts' expectations.

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