World Economy to Go Into Recession Due to Coronavirus Except India, China: UN
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic,...
Tag : China
S&P Slashes India Growth Forecast to 3.5% for FY21
On Monday, S&P Global Ratings cut its estimate for India’s GDP growth for the fiscal starting 1 April to 3.5 per cent from its earlier...
COVID19: Fitch Cuts India's FY21 Growth Forecast to 5.1%
Fitch ratings the international agencies forecast for India to 5.1 per cent from 5.6 per cent for 2020-21 as Covid-19 hits sentiment and supply chain...
Rupee Hits Record Low of 75 a Dollar Mark
On Thursday, the Indian rupee hit a record low of 75 against the Us dollar tracking a slump in equities and currencies globally. Investors were...
Coronavirus May Slice $1 Billion Off Revenue: Adidas
The first quarter of Adidas AG forecast in China will fall by 800 million euros to 1 billion euros ( $ 908 million to $...
TVS Motor Slumps 6% on Production Woes
TVS Motor Company’s share fell s 6.3 per cent said that the coronavirus outbreak in China and beyond will hit the supply of certain components...
PepsiCo Buys Chinese Snack Brand Be & Cheery for $705 Mn
Chinese snack brand Be & Cherry from jujube maker Haoxiangnj Health Food Co Ltd has purchased by Pepsi Co for $ 705 million, said by...
OYO India Sales Hit $604 Mn, Losses Down to 14%
Hospitality unicorn OYO Hotels & Homes has announced that its standalone losses in India went down from 24 per cent in the financial year 2018...
Gold Prices Rise Today for Second Day, Silver Rates Surge
Higher global rates and a weaker rupee today pushed gold and silver prices higher in domestic markets. On MCX, April gold futures rose 0.38 per...
Sensex Surges 400 points, HUL, HDFC Twins Lead Gains
Sensex rising over 400 points, the broader Nifty regained 12,200. Among the Sensex stocks, HUL was the top gainer, rising over 4 per cent. RIL,...