Equity markets are likely to extend losses, mirroring the weakness in global counterparts, as investors brace for a stronger interest rate hike by the US Fed this month.
India’s strong relative outperformance over the past few weeks may reflect investors’ belief about the Indian economy being in a relatively better position versus other economies
Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say.
China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill
After a sizzling July payrolls report that included a larger-than-forecast pickup in hourly earnings, Federal Reserve policy makers remain tilted toward large interest-rate hikes
Rising interest rates and dividend payouts helped insurance businesses generate more money from investments, while the strengthening US dollar boosted profit from European and Japanese debt investments
US employers added 528,000 jobs last month, more than all estimates, the unemployment rate fell to a five-decade low of 3.5%, and wage growth accelerated
The labour market has now recouped all the jobs lost during the Covid-19 pandemic, though government employment remains about 597,000 jobs in the hole. Overall employment is now 32,000 jobs higher than in February 2020
The country should achieve “the best outcome” possible for economic growth this year while sticking to a strict Covid Zero policy, according to a statement after a meeting of the Politburo, which is the Communist Party’s top decision-making body.
The Federal Reserve is expected to approve another big interest-rate hike this week as the central bank combats surging inflation, piling pressure on demand
The slowdown in manufacturing followed moderate consumer spending growth in May along with weak housing starts, building permits and factory production
While the Nifty 500 lost 12 percent, the BSE Sensex and Nifty 50 have declined nearly 9 percent each. However, long-term investors are viewing this as an opportunity to buy good growth stocks at attractive valuations.
The slowing demand for technology-based education services, coupled with the much-talked-about funding winter, has had a domino effect on India's thriving edtech companies, forcing them to lay off employees, go slow on expansion, cut down excess spends and explore newer revenue streams. Some edtech companies have even shut operations
Investors' comments come at a time when venture capital and private equity funding to Indian startups is drying up amid a slowdown in global financial markets which has also hit valuations of many high-growth technology companies across the globe.
Fintech-focused venture capital firm Beenext becomes the latest investor to advise its portfolio startups to cut costs, and prepare a runway for the near term amid a funding winter
Lido Learning's co-founder Sahil Sheth had asked more than 1,200 employees to resign abruptly in a virtual townhall meeting in the first week of February
Inventus will be making around 18 investments through its fourth fund and out of this, 12 will be at pre-Series A or Series A investments in technology startups, while the remaining six investments will be in the seed stages or early for a pre-product market fit stages and those will most likely be in technology, and emerging technology sectors.
CEO and co-founder Vamsi Krishna told employees in a blog that capital would be scarce in the coming quarters.
The Indian pharmaceutical market grew at its slowest pace in more than a year in the March 2022 quarter
Manufacturing gross value added (GVA) stood at Rs 5.91 lakh crore in the third quarter of FY22, lower than Rs. 6.24 lakh crore in the second quarter (July-September) of FY22.
Job shedding began in the services sector after a gap of 4-months. 2021 had seen nine continuous months of job losses across the services sector.
Small businesses were hit even before the pandemic struck due to the global slowdown. While MSME exporters are optimistic about this year, the new variant of the Covid-19 virus has them worried.
The segment was facing a pre-lockdown decline in business due to disruption of supply chains. The pandemic stopped cash flows, while migration of workers caused much distress.
Thermal power capacity additions dropped to multi-year lows last fiscal year while renewable energy additions moderated
With the early part of 2020 witnessing nationwide shutdown, low base effects have thrown economic calculations haywire and resulted in volatile growth numbers. Economists say this will continue to mar industrial figures till at least June.