United Nations’ report warns of crippling financial crisis

‘Amid prolonged trade disputes and wide-ranging policy uncertainties, the world economy has seen a significant and broad-based deterioration over the past year,’ declared the World Economic Situation and Prospects 2020 report from UN (United Nations), released recently. Continue Reading

Challenges ahead for non-financial Indian companies in 2020: Moody’s

Driven by sluggish economic growth and slowing earnings, credit conditions will weaken for most Indian non-financial companies in 2020, Moody’s Investors Service said. Continue Reading

Manufacturing sector remains weak

The IHS Markit India Manufacturing PMI was at 51.4 in September, unchanged from August and thereby posting its joint-lowest reading since May 2018. This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark. Continue Reading