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Posts Tagged ‘economic slowdown’
Economic slowdown hits Indian commodity sector
Indian commodities sector may not be doing well due to global economic slowdown despite the rising demand, according to a survey of 400 CEOs done by Associated Chambers of Commerce and Industry ASSOCHAM. ASSOCHAM said that 230 CEOs held that mining, refining, petrochemicals and petroleum sector including cement and steel have ...
RBI CUTS REPO, REVERSE REPO RATES BY 100 bps
[caption id="attachment_3889" align="alignnone" width="626" caption="REPO CRASHED"][/caption] RBI CUTS REPO, REVERSE REPO RATES BY 100 bps. The Reserve Bank of India on Saturday cut the repo rate - the rate at which RBI lends to banks - by 100 basis points ...
Economic slowdown-retail business bears the brunt
Consumers have shut their wallets in the wake of the global financial crisis, and retailers are bearing the brunt. Clothing retailer Noni B, electrical goods giant Harvey Norman and car dealer Automotive Group Holdings all warn profits were likely fall in the 2008-09 financial year, while diversified manufacturer Pacific Brands, owner ...