1 out of 5 MSMEs to see stretch in working capital requirements in FY24: CRISIL
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
economic slowdown
June 2023
April 2023
December 2022
November 2020
October 2020
June 2020
May 2020
April 2020
Fall season begins, PE-VC investments dip 66% to $5.6 bn
The drop in investments follows a 29% drop in 2022
World services trade activity likely to remain soft in Q1 2023
The slowdown in major economies may impact services trade activity, as per the latest WTO Services Trade Barometer.
India needs to remain defensive in monetary, fiscal response to global tightening: Douglas W Diamond
“Inflation in India is in reasonably good shape right now, compared to the rest of the world,” says Diamond, who won this year’s Nobel Memorial Prize in Economics.
FY23: Race for Record Auto Sales
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
Stimulus 3.0 and India’s growth mantra
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
Gold loses lustre as Covid-19 takes a toll
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
Moody’s India downgrade is not unexpected: BofA Securities
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
The smarter the better
Despite the stress in the telecom space, call drops, and a sputtering economy, it’s been mostly smooth sailing for the upper end of the smartphone industry in 2019.
