Growth

Xiaomi Turns 10: A Timeline of How the Tech Giant Evolved Through the Years

Jagmeet Singh | Tuesday April 7, 2020

As Xiaomi is celebrating its 10th anniversary, here’s a quick timeline around its evolution and growth in India and across the globe.

Coronavirus Pandemic Updates: Rajnath Singh Discusses Lockdown Situation With Group Of Ministers

India News | Edited by Ridhima Shukla | Tuesday April 7, 2020

India has registered 4,421 cases of COVID-19 including 114 deaths since the outbreak began earlier this year. If the current growth rate of coronavirus cases continues, India will have over 17,000 patients by the time ongoing nationwide lockdown ends on April 14, data has showed. The rate at which coronavirus cases double in the country has risen ...

Coronavirus Cases Doubling Every 4 Days, May Touch 17,000 In A Week

India News | Edited by Divyanshu Dutta Roy | Tuesday April 7, 2020

If the current growth rate of coronavirus cases continues, India will have over 17,000 patients by the time ongoing nationwide lockdown ends on April 14, data showed on Monday.

BMW Sees Demand Falling Further After First-Quarter Sales Plunge Due To Coronavirus

Reuters | Monday April 6, 2020

BMW is expecting a further decline in global demand as the coronavirus outbreak takes its toll, a spokesman said on Monday, after the German carmaker reported a 20.6% drop in first quarter sales to 477,111 vehicles.

Fitch Sees India Growth At 2% In 2020-21, Slowest Since Economic Reforms

Business | Press Trust of India | Friday April 3, 2020

India may post GDP growth of 2 per cent in financial year 2021, the slowest pace since the economy was liberalised 30 years ago.

Two-Wheeler Sales March 2020: Suzuki Motorcycle Sales See 39 Per Cent Decline

Edited By Kingshuk Dutta | Friday April 3, 2020

Suzuki Motorcycle India felt the hit of the Coronavirus crisis, with a drop of 39 per cent in total sales. The company sold 40,636 units in March 2020 as compared to 67,025 units in March 2019.

India GDP Growth Likely To Slow Down To 4% In 2020-21 On Covid-19: Asian Development Bank

Business | Press Trust of India | Friday April 3, 2020

India will stage a strong recovery in the next financial year on the back of its sound macroeconomic fundamentals, Asian Development Bank added.

HMSI Bucks Coronavirus Threat With Sales Growth In March

Edited By Shams Raza Naqvi | Friday April 3, 2020

The Japanese 2-wheeler major reported an impressive 11% growth in sales despite losing almost a third of month due to lockdown

Coronavirus Seen as Trigger for Mobile Money Growth in West Africa

Reuters | Thursday April 2, 2020

Mobile money providers across Africa have reduced or waived transaction fees and governments are encouraging digital payments to reduce person-to-person contact and potentially slow the spread of the virus.

Factory Activity Growth Hits 4-Month Low Amid Coronavirus Crisis: Survey

Business | Reuters | Thursday April 2, 2020

A 21-day nationwide lockdown, which started on March 25 in the world's second most populous country, is expected to deliver a heavy shock to the economy despite massive fiscal and monetary support packages by the government and the Reserve Bank of India last week.

March GST Collection Falls To Rs 97,597 Crore Amid Coronavirus Outbreak

Business | Edited By Abhishek Vasudev | Wednesday April 1, 2020

For the full financial year, 2019-20, the GST for domestic transaction has shown a growth rate of 8 per cent over the revenues during last year.

Car Sales March 2020: MG Motor Bucks Lockdown With Sales Increase Over February

Edited By Kingshuk Dutta | Wednesday April 1, 2020

MG Motor India sold a total of 1,518 units in March 2020, which is a growth of 10.32 per cent over February 2020's sales of 1,376 units.

Core Sector Growth Up 5.5% In February, Highest In 11 Months

Business | Press Trust of India | Tuesday March 31, 2020

These industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)

Virus May Cut China's Growth Rate By Half, Push 11 Million Into Poverty: World Bank

World News | Agence France-Presse | Tuesday March 31, 2020

The coronavirus pandemic's economic fallout could cause China's growth to come to a standstill while driving 11 million more people in East Asia into poverty, the World Bank warned Monday.

Gold Prices Go Up As Coronavirus-Led Growth Fears Spur Safety Buying

Business | Reuters | Monday March 30, 2020

COVID-19 Lockdown: The pandemic has already driven the global economy into recession and countries must respond with "very massive" spending to avoid a cascade of bankruptcies and emerging market debt defaults, the head of the International Monetary Fund warned on Friday.