DISRUPTIVE GROWTH
China's GDP growth dips: Where is its economy headed? China's GDP growth in the second quarter was 4.7%, below the expected 5.1%. The slowdown raises concerns about economic stability and calls for measures to stimulate growth. IMF projects a gradual slowdown in growth due to various factors including ...
15 Jul, 2024, 08.55 PM ISTChina's second-quarter GDP growth falls short of expectations China's GDP grew 4.7% in Q2, after 5.3% in Q1. The National Bureau of Statistics cited weather, external uncertainties, and domestic challenges. Beijing aims for economic optimism at the third plenum. Trade tensions, property downturn, local debt, g...
15 Jul, 2024, 02.13 PM IST10 equity mutual funds that have outperformed over 1, 3 and 5 years Equity funds that beat their benchmark indices and category average returns regularly tend to score well on risk-adjusted metrics and hold durable stock portfolios.
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Auto component industry to see moderate growth this fiscal: ICRA Credit ratings agency ICRA predicts a moderate growth for the auto component industry in the coming quarters due to the Red Sea crisis, higher container rates, and shipping time. The industry is expected to see a year-on-year improvement of around 5...
11 Jul, 2024, 02.43 PM ISTOil little changed as investors eye impact of storm Beryl on Texas Oil prices held steady with Texas ports closed for Tropical Storm Beryl, a potential Category 2 hurricane. Brent at $86.65, WTI at $83.08. Analyst Tony Sycamore cited power outages, inventory draws, and rate cut hopes from easing inflation. Energy I...
08 Jul, 2024, 07.24 AM ISTFocus on autonomous vehicles, EU expansion drive KPIT’s growth Despite global challenges like supply chain issues and the rise of AI, KPIT Technologies has continued to grow, CEO Kishor Patil told ET. This is due to the company's smart investments in areas like EVs and self-driving cars, along with their timely...
08 Jul, 2024, 06.00 AM ISTOil settles 1% lower as Mideast ceasefire talks ease supply disruption concerns The head of Israel's Mossad has returned from Doha after an initial meeting with mediators trying to reach a Gaza ceasefire and hostage release deal, and negotiations will resume next week, Prime Minister Benjamin Netanyahu's office said on Friday.
06 Jul, 2024, 10.01 AM ISTPressure on diagnostics industry will continue for another five years : A Velumani, Thyrocare Tech Yes, there were challenges in diagnostic industry of a different nature in early 2000. There were no automations available adequately. Before year 2000 there were only two-three automations in the country and by another 10 years it became 500, anoth...
05 Jul, 2024, 03.40 PM ISTIndian economy poised for potentially stable high growth phase, says RBI's monetary policy panel member RBI's monetary policy committee member Shashanka Bhide highlighted India's potential for stable high growth amidst significant risks, citing strong domestic demand, investment spending, and positive monsoon forecasts. He emphasised the importance of...
30 Jun, 2024, 11.28 AM ISTPrivate consumption seen growing, concerns on capex growth: Morgan Stanley Research Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% in the quarter ended March 31, 2024 as against 1.5% a year ago but it is just catching up to the pre...
26 Jun, 2024, 07.13 PM ISTFacing an unprecedented slowdown, IT companies are undergoing a shift. Here’s what’s changing IT companies like TCS, HCLTech, Wipro and Tech Mahindra are reorganising their businesses to wade through disruptions and prepare for Gen AI. TCS, under new leadership, merged AI and cloud operations into a unified AI.Cloud unit, responding to growi...
23 Jun, 2024, 06.00 AM ISTTransform your CX with G7 CR's disruptive approach towards customer experience G7 CR Technologies, a Noventiq company, revolutionizes unified customer experience in the tech industry, driving business transformation and enhancing customer satisfaction.
20 Jun, 2024, 09.40 PM ISTAiming to cross milestone of Rs 1000 crore revenue by FY-27: Rohan Verma, MapmyIndia There is lot of growth opportunities ahead for MapmyIndia if you look at the areas that we play in, which is maps, IoT and drones. And, it is essentially what we are trying to do every year or every few years is unlock more adjustable markets for ou...
20 Jun, 2024, 01.34 PM ISTShipping delays and disruptions erode profitability of MSMEs: Ketan Kulkarni, Allcargo Group Extended transit times can result in increased transportation expenses and potential penalties for late deliveries, further straining financial resources, says Ketan Kulkarni, Chief Growth Officer, Allcargo Group.
20 Jun, 2024, 10.15 AM ISTWhy imports from China are rising despite atmanirbhar Bharat initiatives Imports from China is something India should monitor. But in some ways, this might be the way for the country to become a self-reliant economy.
01 Jun, 2024, 10.11 AM ISTElection outcomes won't disrupt India's economic stability: Saurabh Mukherjea There will probably be governance continuity as well, but almost certainly there will be policy continuity and hence, my point of view to the foreign investors is, beyond a point, you should not overemphasise the elections.
30 May, 2024, 04.38 PM ISTWarren Buffett play: 6 things to consider before investing in Special Opportunities Fund Special Opportunities Fund (SOF) is an investment fund capitalizing on unique opportunities below intrinsic value, inspired by Warren Buffett. WhiteOak Capital Mutual Fund and Samco Mutual Fund have launched similar funds. Alekh Yadav, Head of Inves...
21 May, 2024, 10.36 AM IST"If we work together, India can achieve all SDGs by 2030" says Ajay Piramal at CII Annual Business Summit 2024 Underscoring the rapid progress expected over the next two decades, he said, "Let's say in 2047, we'll have - we'll be the third-largest economy, maybe a USD 40 billion economy. Even now, in the next - I think by 2029, we'll be the third-largest eco...
18 May, 2024, 03.24 PM ISTThe tech mahadasha: Stars align for India's online astrology market Astrology, once a traditional practice, has transformed into a booming online business. With astrologers now accessible online, the industry is experiencing rapid growth. The pandemic further accelerated this trend, leading to a surge in consultatio...
17 May, 2024, 01.38 PM ISTTaiwan is selling more to the US than China in major shift away from Beijing Taiwan is shifting its focus away from China, the world's second-largest economy, and towards the United States. The world's largest computer chip maker, TSMC, announced bigger investments in the U.S. last month after a boost from the Biden administ...
17 May, 2024, 10.44 AM IST