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  Real estate sector continues to thrive despite global slowdown, boosting India's growth

  Business | July 08, 2023 6:51 IST

  Amid rise in demand in post-pandemic era, the commercial property investment has witnessed rise in popularity among investors trying to diversify their portfolios and generate consistent income streams.

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  Slowdown Blues: Upcoming BS VI, production cuts subdue Feb auto sales, say Experts

  Business | March 03, 2020 8:20 IST

  The run-up to BS VI transition along with the general economic slowdown and truncated production led to the decline in sales of automobile majors in February, market watchers said on Monday.

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  Growth slowdown in India temporary, expect momentum to improve: IMF chief

  Business | January 24, 2020 16:52 IST

  IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead.

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  Auto sector slowdown affecting GST compensation cess kitty: Sushil Modi

  Business | December 06, 2019 21:23 IST

  The issue on raising the size of the kitty will be discussed in the next GST Council meeting, scheduled to be held on December 18. The meeting of all-powerful GST Council is going to be held in the backdrop of lower-than-expected GST collections.

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  Tyre major MRF Quarter 2 net down 18 per cent at Rs 229 crore

  Business | November 08, 2019 14:32 IST

  Revenue from operations stood at Rs 4,007.63 crore as against Rs 3,946.77 crore in the same period a year ago, a growth of 1.57 per cent, Total expenses during the second quarter were higher at Rs 3,760.80 core as compared to Rs 3,649.87 crore in the year-ago period, it added

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  Biz optimism for Dec qtr falls over 19 per cent amid slowdown in demand

  Business | November 08, 2019 13:48 IST

  The Dun & Bradstreet Composite Business Optimism Index stood at 56.4 for December quarter this year, registering a decline of 19.5 per cent as compared to the year-ago period

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  Congress facing economic slowdown as its 'moneybag handlers' are in jail: BJP

  India | September 12, 2019 23:55 IST

  Hitting out at Congress chief Sonia Gandhi over her remarks on the "grim" economic situation in the country, the BJP on Thursday said she seemed to be talking about the economic slowdown in her party as its "moneybag handlers" were behind bars.

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  Sword hanging on livelihood of lakhs of Indians: Priyanka Gandhi on state of economy

  India | September 10, 2019 13:57 IST

  Priyanka Gandhi has launched a scathing attack on the Modi government vis-a-vis economic slowdown. "The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians," Priyanka Gandhi said.

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  Slowdown blues: Ashok Leyland announces non-working days at manufacturing facilities in September

  Business | September 09, 2019 14:07 IST

  Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following weak demand. "Following are the non-working days at our various plant locations during September 2019 due to continued weak demand for our products", the company said in a BSE filing.

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  Suzuki Motor India to hold back investment due to slowdown, BS-VI norms

  Business | September 08, 2019 14:56 IST

  Suzuki Motor India Pvt Ltd has decided to hold back its planned investments on capacity enhancement due to the ongoing slowdown in two-wheeler sales and expectation of a hit in the market by the transition to stricter BS-VI emission norm from BS-IV in April 2020

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  Auto sector growth story nears end: Tata Motors CEO Butschek

  Business | September 06, 2019 6:58 IST

  Butschek cited several factors, like low economic activity, subdued demand, liquidity constraints, as reasons for the current downturn. He was speaking at the annual convention of the Society of Indian Automobile Manufacturers (SIAM).

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  Auto industry value chain pins hopes on healthy festive sales

  Business | September 05, 2019 7:55 IST

  The automobile industry value chain includes parts manufacturers, OEMs, dealerships and workshops. The entire value chain is one of the largest employers in the country and has a substantial contribution to the country's GDP.

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  Difficult road ahead for auto industry with BS-VI: SIAM

  September 04, 2019 16:34 IST

  Speaking at the Federation of Automobile Dealers Associations' Auto Retail Conclave 2019, he noted that even as the industry faces the sales slowdown, OEMs have been investing Rs 1,000 crore, on an average, to upgrade their offerings.  

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  Crisis in auto sector: Steps Centre is taking to revive demand, supply

  August 24, 2019 12:47 IST

  According to Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera said the removal of ban on purchase of vehicles by government department and 15 per cent higher depreciation for all types of vehicles purchased before March 30, 2020 should also give a definite boost to vehicle demand in the short term, especially vehicles meant for commercial use. 

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  India's growth may slow down further to 5.7% in Q1: Nomura

  Business | August 21, 2019 17:21 IST

  India's economic growth is likely to slow down further to 5.7 per cent in the April-June quarter of this year due to low consumption, weak investments and an under-performing service sector,  said a Nomura report.

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  TVS joins list of auto manufacturing biggies to shut production amid business slowdown

  August 16, 2019 17:10 IST

  TVS joins a long list of companies that shut motor parts production in its unit. It joins Maruti Suzuki India, Hero MotoCorp, Royal Enfield, Mahindra & Mahindra, Tata Motors, Bajaj Motors among others who have shut production temporarily or gone for block closures.

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  PM Modi inspired stimulus package for economy likely this weekend: IANS

  Business | August 16, 2019 15:52 IST

  Prime Minister Narendra Modi met Union Finance Minister Nirmala Sitharaman today amid reports of a slowdown in various sectors. PM Modi is likely to announce a series of measures to infuse more energy in the economy, news agency IANS reports.

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  Slowdown in IT hiring to continue for years to come: Ex-Infosys CFO V Balakrishnan

  Business | November 09, 2017 17:01 IST

  Balakrishnan agreed that the slowdown in hiring in the IT sector is going to persist.

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  Amid slowdown concerns, PM Modi to meet Jaitley, officials to review economic situation

  September 18, 2017 23:57 IST

  Prime Minister Narendra Modi will on Tuesday interact with Finance Minister Arun Jaitley and other top officials to take stock of the economic situation.

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  Alibaba’s business hits $463 bn mark, slated to pip Walmart as world's top retailer

  March 22, 2016 14:18 IST

  Marking a significant development in the e-commerce market, Chinese giant Alibaba has on Monday said it has crossed a major milestone, hitting the 3 trillion RMB ($463 billion) in trade volume transacted over its China retail marketplaces in under a