Tag: recession
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Indian carmaker Maruti Suzuki announces 2-day shutdown of Gurugram, Manesar plants
India's biggest carmaker Maruti Suzuki today announced no-production days at Gurugram and Manesar plants on 7th September and 9th September 2019. In a statement...
How former FM P Chidambaram takes dig over economic slowdown
Former finance minister P Chidambaram on September 3 took a dig at the NDA government over the slump in GDP, which has dropped to...
Rupee fall sharply against US dollar today: 5 things to know
The Indian rupee (INR) today fell sharply against the US dollar (USD) today to slide past the 72-a-dollar mark again. Weak GDP data and...
Economic slowdown explained in four charts
With both the private consumption growth and investment rate dropping below 5% in Q1 FY2020, the GDP growth rate has fallen to 5%. Nominal...
India’s manufacturing growth hits it’s lowest in 15-month in August: PMI
Expansion in India's manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and...