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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...
Smartphone market hit due to lockdowns
15-20% dip expected in shipments in the April-June period
No cheers for alcohol, beverages during this lockdown
In India, the alcohol and beverages sector, once considered recession-proof, also faced its share of declining sales, given that it does not fall...
Lockdowns, rising cases hit auto sales
AUTO sales in April have started showing the impact of lockdowns that has put the brakes on the recovery of the sector, a report said on Tuesday.
SC suggests Centre, states on imposing lockdown
New Delhi Concerned over surge in Covid-19 cases in India, the Supreme Court said the Centre and state governments may consider imposing a...
Europe's economy shrinks in Q1 as US rolls ahead
Frankfurt Europe's economy shrank 0.6 per cent in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a...
Lockdowns worsen India's fiscal woes
The unfolding Covid crisis in India is raising expectations that Prime Minister Narendra Modi's government will need to raise more funds for stimulus...
'2nd wave curbs will take big toll on multiplexes'
May recover only in FY23, says rating agency Crisil