Tag: Indian economy
This Hyderabad Based Information Technology (IT) Firm to Build 5G Networks Software for Telecom Companies Worldwide; Will Invest Billion Dollars in Largest Business Verticals
This Blackstone-backed Firm is India’s Largest Affordable Housing Finance Company Files DRHP for Mega ₹7,300 Crores IPO with Market Regulator SEBI
This Leading Indian Airlines Company Revenues Grows At Slowest Pace Since its Debut on Stock Market; Lands in Huge Loss in Q4 Earnings
Most of Indian Airlines Company is on verge of Bankruptcy; IATA Warns Modi; Indian Aviation Sector will face Shutdown
Best Stocks & Sectors to Benefit due to Sharp Fall in Oil Prices and Global Crude Oil War
Budget 2020 Expectations from Common Man, Investors, Tax Payers, Startups, SME’s, MSME Sector and Corporates; Will FM Stand Tall on India’s Dream to turn into Reality?
Union Budget 2020: Wolf of Dalal Street Manifesto for Modinomics 2.0; Will Finance Minister Nirmala Sitharaman be able to walk the Budget tightrope?
Will the Union Budget 2020 by Finance Minister Nirmala Sitharaman Disappoint the Dalal Street?
TURBULENT TIMES AHEAD FOR INDIAN AVIATION SECTOR: FINANCIAL HEADWINDS FOR INDIA’S AIRLINES INDUSTRY
The airline industry has always struggled to take off. Just in India, over 12 airlines have been grounded in the last 20 years, and this is despite the fact that the Indian aviation market has seen a mammoth growth in this same period. The global trends have been no different. Through my first insight story, […]
World Bank Says India to Face Severe Economic Slowdown cuts; GDP Growth Forecast to 6%
The World Bank has slashed India’s GDP growth forecast for the current fiscal to 6% from 7.5%. India’s economic slowdown is “severe,” largely due to external and cyclical factors, including a decline in consumption, the Washington-based institution said. Moreover, the financial sector is becoming a “drag” on growth. Earlier, the RBI and rating agency Moody’s […]
Slowdown Blues: FMCG Sector to face Worst Slump in Revenue Growth in 15 years
India’s FMCG industry could witness its slowest growth in a decade and a half this financial year, Credit Suisse warns, citing liquidity constraints and weak farm incomes. The I-bank estimates revenue at consumer goods companies to grow by about 5% in the second and third quarters of FY20, akin to rates last seen during 2000-03.
As Automobile Industry Crisis Worsens; Ford Motors in talks to sell its One Billion Dollar Car Factory at Sanand in Gujarat
Ford Motor is in early talks to sell its $1-billion factory at Sanand in Gujarat, Mint reports, quoting unidentified sources. The facility – the second of the auto major’s two plants in India – can produce 240,000 vehicles annually and builds the Aspire sedan and the Figo hatchback, mainly for exports. A company spokesperson denied […]
Spinning Industry Biggest Crisis Ever; 35 Percent of India’s Cotton Yarn Production Capacity has been Shut Down
FMCG Industry Crisis as Rural India stops spending, affected by Massive Economic Slowdown
People in rural India are holding back on items such as clothes, hair oil and biscuits, Business Insider reports, citing multiple research reports. That’s largely because rural wage growth reduced from 14.6% in 2013-14 to just 1.1% in 2018-19, an SBI Ecowrap study shows. Biscuits as a category, for instance, is growing at just 1%, […]