Tag: slowdown
Goods exports contract 10.3% in May
India’s merchandise exports contracted 10.3% year-on-year in May to $34.98 billion from $39 billion a year ago, data released on Thursday showed. Imports also shrank…
Indian economy: Slowdown threatens Indian economy even as its rich keep spending
India’s booming economy is the envy of other major markets. But beyond the hype and expectation, people who watch the country closely are flagging warning…
Used car startups take a U-turn as sales remain sluggish
India’s used-car sales market – which had heated up during 2021 and 2022 after supply chain constraints from Covid19 pandemic and Russia-Ukraine war – is…
Ind-Ra expects India’s growth to be below 6%, long pause on repo rate
IndiaRatings Tuesday projected a dip in FY24 growth to 5.9%, lower than Reserve Bank‘s 6.4%. “The pent-up demand which had provided thrust to the growth…
Domestic demand drivers intact, slowdown fears unfounded: Analysts
A Wall Street brokerage has downplayed the slowdown fears arising after the poor December quarter data prints, saying the moderate numbers are due to the…
Number theory: How will a global slowdown affect the Indian economy? | Latest News India
Most institutional forecasters expect the global economy to lose momentum going forward. This is bound to generate headwinds for India’s growth prospects as well. However,…