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GLOBAL RECESSIONARY CONCERNS
LTIMindtree, LTTS consolidate realty assetsLTI Mindtree has relinquished a 300,000-square-foot space at Ramanujan IT City SEZ and is now looking to move into the L&T Innovation Campu...
Metal stocks shed up to 10% last week. Here's whyIn Q3, steel companies also saw a decline in their profit, which led to a further fall in stock prices. Tata Steel in Q3 FY23 reported a co...
Hiring mandates by tech companies record a steep dropThe top Indian IT majors Tata Consultancy Services, Infosys, Wipro and HCL Tech had hired around 2.2 lakh employees during fiscal 2022 amid...
Demand for high-end and luxury segment likely to remain robust in 2023: Colliers India CEO"Demand for the high-end and luxury segment will remain robust. In 2023, the effective demand and relevant supply will determine how prices...
Oil has fallen to its lowest this year. Will your fuel bill fall too?Oil has fallen to its lowest this year, trading near $76 a barrel, a sharp decline from $129 in March. The supply uncertainty that gripped ...
Embassy REIT to invest Rs 2,200 cr in next 4 years to develop new office buildingsEmbassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by global investment firm Blackstone and Bengaluru...
Investment inflows in Indian realty touch $ 3.6 bn during Jan-Sept 2022, up 18%: ColliersDomestic investors have become more active in the market, with their investment inflows accounting for 18% share, compared to 14% share dur...
Is it time to look at large-, mid-cap IT companies? Why Sumit Poddar is bullish on this domestic theme"Large private banks stocks will come out as a winner because they are investing a lot in digitisation. It is not just about investing in d...
BofA Securities sees 12% downside for Nifty50 from here on. Here's why"Given the slowing global growth and recessionary concerns around the corner, we expect earnings cut to continue. However, we believe earni...
Oil prices edge lower as demand concerns outweigh tight supplyOil prices have been volatile as traders have had to square tighter global supply because of the loss of Russian barrels following the coun...
Oil prices extend drop as recession fears cloud global demand outlookThe declines follow a dramatic fall on Tuesday. WTI slid 8% while Brent tumbled 9% - a $10.73 drop that was the third biggest for the contr...
Moody's cuts base metals outlook to negative on slowing global growthConcerns over global economic growth decelerating have only increased.
- Probability of global recession low: D Subbarao, RBI Governor
"The US is not growing remarkably, but slowly. Europe is experiencing negative growth and Japan is also recovering," he added.
- PM returns home after attending IBSA Summit in South Africa
Singh, who left the capital on Monday for Pretoria, held bilateral talks with South African President Jacob Zuma and Brazilian President Di...
- Channelise global surpluses to build infrastructure in developing nations: Pranab Mukherjee
Insisting that growth process needs to be made more broad-based, he said the G20 needs to focus more sharply on the development aspects.
- Slowdown: IT execs marriages on hold
While on one hand it is has spelt job loss fear, on the other hand, the parents of brides-to-be are no longer in search of IT grooms for th...
- Must act fast or face solvency problems: India to IMF
India has asked the International Monetary Fund to take the lead in resolving the financial meltdown to steer off possible recession, sayin...