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Xiaomi may cut 15% of its workforce amid Covid lockdowns in China
Chinese smartphone maker Xiaomi may lay off workers from multiple departments, as it aims to reduce 15 per cent of its workforce amid the rough global...
Uber sees dip in business due to lockdowns
As India went into lockdowns amid the lethal second Covid-19 wave in the April-June period, ride-hailing major Uber saw a dip in its business, as...
India's FY22 electricity demand expected to rise by 6%
India's electricity demand is expected to rise by around 6% per cent in FY22, said Fitch Ratings on Friday.
Covid to dampen Q1FY22 results, subdue sentiments
Covid's second wave along with regional lockdowns are expected to dampen the Q1FY22 earnings result season, thereby, unleashing volatility.
GST collections keep alive hope of 6.8% fiscal deficit in FY22
New Delhi, July 7 The June GST collections has once again brought back confidence in the government's revenue department that not only indirect tax...
New home launches declined 42% in April-June, sales down 58%
New Delhi, June 24 As the second wave of Covid-19 and lockdowns across states impacted economic activities, housing launches decline 42 per cent on a...
Economy may contract 12% in Q1: Report
Subsequent pickup is expected, but not like a V-shape recovery after first lockdown
Surge in raw materials hits business: PHDCCI
New Delhi Businesses are struggling with rising cost of raw materials amid the second Covid wave as restrictions in many parts of the country...
