1 out of 5 MSMEs to see stretch in working capital requirements in FY24: CRISIL
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
The drop in investments follows a 29% drop in 2022
The slowdown in major economies may impact services trade activity, as per the latest WTO Services Trade Barometer.
“Inflation in India is in reasonably good shape right now, compared to the rest of the world,” says Diamond, who won this year’s Nobel Memorial Prize in Economics.
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
The latest stimulus package announced by finance minister Nirmala Sitharaman shows a movement from the safety net approach to an investment and growth push.
A World Gold Council report says global demand for gold has taken a beating, falling by as much as 19% in the third quarter of this year.
While the rating agency downgraded India’s sovereign rating, BofA Securities’ economists see the present downturn as cyclical rather than structural; say fiscal stimulus is critical for recovery.
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Despite the stress in the telecom space, call drops, and a sputtering economy, it’s been mostly smooth sailing for the upper end of the smartphone industry in 2019.