Domestic Demand

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Domestic Demand - Total results - 7
UBS cuts India GDP growth forecast to 5.1% for FY21 on fears around coronavirus outbreak, weak domestic credit growth
Business

UBS cuts India GDP growth forecast to 5.1% for FY21 on fears around coronavirus outbreak, weak domestic credit growth

The GDP growth is set to slip to a decadal low of 5 percent for FY20 as per official estimates and hopes of a revival are being pinned on the next fiscal

India's economic growth driven by domestic demand, need to focus on exports: World Bank
Business

India's economic growth driven by domestic demand, need to focus on exports: World Bank

India's overall growth was "too much" driven by domestic demand, which resulted in double digit growth of imports, and 4-5% growth in exports

Fitch lowers India growth forecast to 7.2% for current fiscal; rupee to weaken to 75 vs dollar by end of  2019
Business

Fitch lowers India growth forecast to 7.2% for current fiscal; rupee to weaken to 75 vs dollar by end of 2019

It said GDP growth “softened quite substantially” in July-September quarter of current fiscal growing by 7.1 percent, as against 8.2 percent in April-June.

BofA upgrades Tata Motors on strong JLR sales
Investing

BofA upgrades Tata Motors on strong JLR sales

Bank of America-Merrill Lynch upgraded Tata Motors to 'buy' from 'neutral' and raises its target price to Rs 360 from Rs 285.

China HSBC PMI in Dec up, highest since May 2011
Economy

China HSBC PMI in Dec up, highest since May 2011

The pace of activity in China's vast manufacturing sector hit its fastest rate in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year.

Maruti Suzuki falls 2% on muted sales outlook
Investing

Maruti Suzuki falls 2% on muted sales outlook

Maruti Suzuki shares fell 1.5 percent on concerns about the domestic passenger car sales outlook.

Essar offers rare diesel cargo for export
Business

Essar offers rare diesel cargo for export

Privately owned Essar Oil has offered a rare diesel cargo for export, its first in nearly two years, as domestic demand slows due to monsoon rains, industry sources said on Wednesday.