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Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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Amidst slowdown, noodle and biscuit sales see an uptick in rural areas

Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …

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3 mins read

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


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It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…

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3 mins read

The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor   


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2 mins read

Tesla can't outrun the EV slowdown

Tesla couldn't price-cut its way out of an EV slowdown that's taking the entire industry down with …

Nora Naughton   


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3 mins read

Diamond polishing industry caught between lab grown rocks and economic slowdown

​​Diamond polishing industry is headed for turbulent times as revenues are expected to drop 30-35% …

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3 mins read

Fresher hiring sees a significant decline, particularly in IT sector! What should you do?

Last week news began trending that claimed more than 30% of IIT Bombay students could not get place…

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1 min read

India's gems & jewellery exports likely to slip 10-15% pc in FY23: GJEPC

India's gems and jewellery exports are likely to decline by 10 to 15 % in the current financial yea…

PTI   


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1 min read

Buy Walmart stock for 21% upside as the company is positioned to weather a consumer slowdown later this year, JPMorgan says

"We believe the stock adds a strong balance of defense and offense on both the top and bottom lines…

Matthew Fox   


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What earnings beat? Disney's streaming slowdown is all anyone on Wall Street cares about

Disney stock tumbled 11% as investors focused on lighter-than-expected streaming numbers instead of…

Matthew Fox   


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A labor slowdown could ruin America's soft-landing hopes and cause a 10% stock correction, Morgan Stanley CIO says

Mike Wilson told Bloomberg that any rate cut made in response to a weakening labor market could be …

Filip De Mott   


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Hiring in Indian IT sector likely to see turnaround with 8-10% growth in 2024

The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and fundin…

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Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…

PTI   


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GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown

Companies like GM and Ford can rely on hybrids and gas-powered cars to get through the EV slowdown.…

Nora Naughton   


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3 mins read

Not even Tesla can dodge the EV sales slowdown

Elon Musk warned that Tesla was "between two major growth waves," with its cheaper mass-market car …

Hasan Chowdhury   


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China retains 5% growth target for 2024 as economy struggles to shake off slowdown

Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…

PTI   


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India's exports in January fell 6.58% to $32.91bn

Similarly, imports also declined in January by 3.63 per cent to $50.66 billion as against $52.…

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India's footwear, textile exports vulnerable to global slowdown: Crisil

A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make I…

ANI   


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3 mins read

Media and entertainment industry to cross ₹3 lakh crore in 2026 says FICCI, EY report

The digital media will potentially overtake television as the leading segment in the media & entert…

PTI