Moody's economic growth forecast

Moody’s slashes India’s economic growth forecast to 8.8% for 2022

Moody’s Investors Service slashed India’s economic growth projection to 8.8 per cent for 2022 from 9.1 per cent earlier, citing high inflation. In its update to Global Macro Outlook 2022-23,…

27 May 2022

spinning mills on strike in TN

Workers in distress amid spinning mills’ strike in western TN

The workers of spinning mills in western Tamil Nadu are in distress and facing difficulties as the mills in these areas have been closed down for the past several days…

27 May 2022

public cloud market

Indian public cloud market to reach $13.5 bn by 2026: IDC

The Indian public cloud services (PCS) market, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), revenue totalled $4.6 bn for 2021, according to the International Data Corporation (IDC) Worldwide…

26 May 2022

India sugar season exports and production

Now India is largest sugar producer in the world

The government on Wednesday claimed that India has become the largest producer of sugar in the world in the year 2022-23, more than Brazil, while it would be the second-largest…

26 May 2022

SMEs demand revival

SMEs remain upbeat on demand revival: ASSOCHAM-D&B report

Confidence amongst India's small businesses remains high with an overwhelming majority of the SME executives expecting improvement in the second quarter of 2022 on most of the parameters including sales,…

25 May 2022

Ease of doing business for MSME

Ease of Doing Business for MSME stands at 67, service sector faces more problems

The overall Micro, Small and Medium Enterprises' Ease of Doing Business (MSME EODB) stands at 64 points out of 100, of which EODB for manufacturing sector MSMEs was higher compared…

25 May 2022