Growth
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3QFY23 Results: TCS revenue growth to slowdown in FY24, estimates Fitch Ratings
World Bank lowers 2023 growth forecast from 3% to 1.9%, says dangerously close to recession Credit rating agency Fitch Ratings on Thursday said Tata Consultancy Services Limited’s (TCS) revenue growth…
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Mercedes Expects Double-digit Growth In India In 2023 Despite Weak Rupee
Different car models of Mercedes-Benz are parked at the company’s vehicle assembly plant in Chakan, outside Pune, India, June 11, 2015. Reuters Mercedes Benz expects double-digit sales growth in India…
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Wall St Dragged Down By Growth Stocks On Last Trading Day Of Torrid Year
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Reuters Wall Street’s main indexes were dragged lower…
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Wall St Rises On Boost From Growth Stocks, China Reopening
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. Reuters Wall Street’s main indexes rose on Wednesday, boosted by…
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ADB Trims Growth Outlook For Developing Asia As Headwinds Persist
A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila June 17, 2009. Reuters The Asian Development Bank cut its growth forecasts for developing Asia for this…
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Growth Downgrade For China ‘Very Likely’ On Covid Surge: IMF Chief
The easing of Covid-19 restrictions in China is expected to bring temporary difficulties, said International Monetary Fund chief Kristalina Georgieva AFP A lower growth forecast is “very likely” for China…
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US Fed Poised For Smaller Rate Hike With Eye On Wage Growth
Analysts expect the Federal Reserve’s policy-setting committee, which includes Chair Jerome Powell, to announce a half-point rate hike in December AFP The US Federal Reserve is poised to slow its…
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Britain To Lay Out Financial Reforms To ‘Turbocharge’ Growth
A view of The Fenchurch Building (The Walkie-Talkie) seen as part of London’s skyline viewed from Lloyd’s building in London, Britain November 11, 2022. Reuters Britain will set out reforms…
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China, Hong Kong Stocks Lift Asian Equities; Growth Worries Loom
A view of a giant display of stock indexes, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, October 24, 2022. Reuters Asian equities rose on Thursday, propped up by…
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India Annual GDP Growth To Slow In Sept Quarter As COVID Effect Fades
People shop at a crowded market ahead of Diwali, the Hindu festival of lights, in the old quarters of Delhi, India, October 11, 2022. Annual growth in the Indian economy…
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Twitter Registers Daily User Growth of 20% Since Musk Takeover; Says Will Exceed 1 Billion Users in 12-18 Months
Twitter rolls back $8 Blue service days after launch; users flummoxed Twitter has added new users vigorously after tech titan Elon Musk acquired the company and privatized it. While several…
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Disney Brings Back Bob Iger As CEO In Bid To Boost Growth
Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film ‘The King’s Man’ at Leicester Square in London, Britain December 6, 2021. Bob…
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Musk’s Pay Trial Asks If Tesla’s Growth Justifies $56 Billion Compensation
A person transports boxes with documents for the trial of Elon Musk, Chief Executive Officer (CEO) of SpaceX, Tesla and Twitter, regarding his Tesla pay package at the Delaware Court…
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Exclusive-China Advisers Say They’ll Recommend Modest Growth Target For 2023
People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China May 5, 2021. Chinese government advisers say they will recommend modest economic growth targets for next year…
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Amazon to Lay Off 10,000 Employees As Growth hits Slowest Rate in Decades and Losses Rise
Amazon will lay off about 10,000 employees this week, reports have said, as the Jeff Bezos company becomes the latest tech giant to sack staff en-masse in the wake of…
