growth
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India
NE has potential to become India’s growth engine: PM
Imphal:Â Prime Minister Narendra Modi on Thursday said that peace has been established in the northeastern region, asserting that the region has the potential to become India’s growth engine. “Road blockades…
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Business
‘Centre creating digital platforms for logistics sector’s growth’
New Delhi: The Centre is creating digital platforms for increasing the working capacity along with transportation efficiency of the country’s logistics sector, a senior government official said on Saturday. According…
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Business
GDP growth in 2020-21 likely to be in negative: RBI Guv
Mumbai: The Reserve Bank on India (RBI) on Friday said India’s gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted…
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Business
Ind-Ra cuts India’s FY21 GDP growth further to 1.9 pc, lowest
New Delhi: India Ratings and Research (Ind-Ra) on Monday revised its FY21 economic growth forecast for the country further down to 1.9 per cent, lowest in the last 29 years,…
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Business
Fitch Ratings sees India growth slipping to 0.8% in FY21
New Delhi: Fitch Ratings on Thursday slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway due to disruptions…
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Business
Brazil expects almost 0% growth in 2020 due to virus: government
Brasilia: Brazil’s government on Friday drastically downgraded its growth projections for 2020 by 2.1 percent to practically zero (0.02 percent) due to the coronavirus pandemic. The Economy Ministry had already…
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Technology
Baidu reports 5% revenue growth in 2019
Beijing: China’s leading search engine and AI tech firm Baidu has reported total revenues of 107.4 billion yuan (about $15.4 billion) in 2019, representing a 5 per cent year-on-year (YoY)…
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Technology
Market for smartphones in Germany set to continue growth in 2020
Berlin: In 2020, the market for smartphones and related mobile services as well as infrastructure in Germany would grow by 2 per cent to 36.4 billion euros ($39.4 billion), according…
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Business
CII DG optimistic about maintaining GDP growth rate
New Delhi: Hours before the tabling of the Union Budget, CII’s Director General Chandrajit Banerjee on Saturday expressed hope that India would be able to achieve required Gross Domestic Product…
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Business
Decorpot records remarkable growth in FY 2019
Bengaluru: Decorpot, a leading home interior design firm in Bengaluru, today announced its impressive YoY growth with a CAGR of 100 per cent. In addition to new homes, the key…
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Business
ICRA projects muted growth for brokerage industry in near term
New Delhi: Investment information firm ICRA estimates the brokerage industry revenue growth rate to remain muted at two to five percent compared to year-on-year growth of three percent in FY19…
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Business
Business activity returns to growth amid rising new work
New Delhi: Indian service providers signalled a moderate rebound in business activity during November with the return to output growth accompanied by a renewed rise in new business intakes, faster…
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Automobile
Manufacturing downturn pulls Q2 GDP growth to 4.5%
New Delhi:Â A massive contraction in manufacturing, agriculture and mining activity pulled India’s GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20. This is the…
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Opinions
‘India’s social dissonance is the cause of slow economic growth’
Mir Ayoob Ali Khan Hyderabad: Amirullah Khan and Abdul Shaban, the two experts on economics and society, said that the future of communal harmony which had been the hallmark of…
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Technology
Samsung expects 3X growth in 55-inch QLED TVs in festive season
New Delhi: Samsung on Friday said its 55-inch Frame QLED TV has been sold out before the end of festive season on Flipkart ‘Big Billion Day’. This festive season, the…
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Business
TiE Mumbai partners with New Jersey to help high-growth start-up
Mumbai: Over the years, TiE Mumbai plays a significant role in promoting, mentoring, helping, and funding start-ups in this region. TiE Mumbai, New Jersey City University (NJCU), and Choose New…
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Business
Global growth to hit 11-year low: OECD
Paris: The Organisation for Economic Cooperation and Development (OECD) has predicted a further slowdown in the global economy this year and in 2020, citing escalating trade tension and high policy…
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News
US stocks extend moderate gains amid hopes for growth
New York: US stocks wrapped up the week on an upbeat note with mild gains, as the market was underpinned by a batch of multiple data, and Wall Street digested…
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Business
PI executes offer for acquisition of 100 pc stake in Isagro Asia
Gurugram: Agri-sciences major PI Industries Ltd has executed an offer with Italy-based Isagro SpA for the acquisition of Isagro Asia’s business. The transaction value is estimated at Rs 345 crore…
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Business
India must get back to 19-20% export growth: Piyush Goyal
New Delhi: Union Commerce Minister Piyush Goyal on Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5 trillion…
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Politics
Congress leaders hit out govt as Q1 GDP growth falls to 5%
New Delhi: Congress leaders hit out at the Prime Minister Narendra Modi-led government over the growth rate of 5 percent in April to June quarter. In a tweet on Saturday,…
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Business
‘Govt adopting interventionist approach to revive growth’
Mumbai: With all eyes on the annual report of the RBI on growth on Thursday and its surplus transfer to the government and a host of measures announced by the…
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Business
Domestic and global headwinds to drag FY20 GDP growth to 6yr low
New Delhi: India Ratings and Research (Ind-Ra) on Wednesday revised India’s gross domestic product (GDP) growth in current financial year downwards to 6.7 per cent — marking a six-year low…
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News
Growth steps, oil prices set to boost equities
Mumbai: Indian equities along with the rupee which have lately faced headwinds of massive foreign fund outflows along with disappointing quarterly earning results will get a boost via Central government’s…
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Business
‘Tax terrorism’ severely hurting India’s economic growth
New Delhi: The death of entrepreneur V.G. Siddhartha has brought to limelight the unwarranted and unending pressure being exerted by government authorities of late on corporates in the name of…
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News
IMF cuts India’s GDP growth forecast to 7 percent for FY20
Washington: The International Monetary Fund (IMF) has cut its projection for India’s economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the…
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World
US remains hopeful of resolving trade ties with India
Washington: The United States has said there is enormous potential for growth in its relations with India and ongoing contentious trade issues can be resolved due to friendly relations between…
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Health
Planning a baby? Here’s why you should watch your weight
Washington: Excess weight and obesity in the pre-pregnancy period bring changes in breast milk that can impact infant growth, a study claims. The study was published in the journal ‘PLOS…
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Stock Market
Hopes of cheaper finance, consumption growth to propel equities
Mumbai: Prospects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week, analysts opined. Accordingly, investors are…
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Stock Market
Growth in infrastructure key for job creation
Mumbai: Markets made a series of new highs and seem to have run their course for the time being. This does not suggest that they will fall sharply, but the…
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