Browsing: economy

For the entire financial year 2020-21, the GDP contracted 7.3 per cent — a record low. In January-March last year, the economy had grown 3 per cent.

In a meeting held on Wednesday, BSE said that it has joined hands with Dun & Bradstreet Information Services India to create an ecosystem to help small and medium enterprises grow. The entities have also signed an MOU.

Elgi Equipments, a manufacturer of air compressors, announced the results for the quarter and half year ended September 30, 2020. PAT for the quarter was Rs 33.2 crore compared to Rs 11.7 crore in the same period in 2019-2020 on a consolidated basis.

As economy is slowly and steadily opening up despite the COVID-19 pandemic scare, export companies need to start evaluating the whole scenario so that their products and services overseas grow faster and do better, says Leo Shastri, Director – Operations & Strategy, Usha Exim.

Artificial intelligence technologies could increase global GDP by $15.7 trillion, a full 14 per cent, by 2030.

The household sector is the major growth driver and contributes about 53.39 per cent to the overall demand of textiles and clothing (T&C) products.

Helped by the robust volumes growth and ability to raise prices despite a slowing economy