Tag: Economic slowdown

Ready to discuss’: Narendra Modi says as opposition raises Farooq Abdullah’s detention, economic slowdown

NEW DELHI: Ahead of Parliament’s winter session, the opposition strongly raised Lok Sabha MP Farooq Abdullah’s detention at the all-party meeting and demanded that he be allowed to attend the House. Prime Minister Narendra Modi assured that the government is ready to discuss all issues. At the government-convened meeting, the Opposition also demanded that the […]

Economic slowdown hit jewellery and apparel sales this Diwali: Report

NEW DELHI: Festive shopping for jewellery and apparels has seen a massive hit in the run-up to the Diwali festivities, a report said on Monday. The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline. Release of […]

Economic slowdown fallout: Realty major Lodha group lays off 400 employees

NEW DELHI: Amidst rising debt which has crossed Rs 25,600 crore, and falling sales, Macrotech Developers, formerly Lodha Group, has given pink slips to around 400 employees. However, a spokesperson for the largest realty player in India attributed the lay-offs to performance reviews. The retrenchments at the company promoted by Mumbai BJP chief Mangal Prabhat […]

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