Global Slowdown
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Global Smartwatch Sales Decline for the First Time in 2024, Xiaomi Reports Strong Growth: Counterpoint
Global smartwatch shipments declined 7 percent year-on-year (YoY) in 2024, according to a new report by market research firm Counterpoint. Apple continued to hold the top position in worldwide smartwatch shipments, followed by Huawei and Samsung in second and third places, respectively. Xiaomi marked the fastest growth in 2024 and secured a spot am...
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Seafloor Spreading Slowdown May Have Caused 26–32m Sea Level Drop Over Millions of Years
Between 15 million and 6 million years ago, ocean crust production declined by 35 percent, leading to deeper ocean basins. This geological shift is believed to have caused a sea level drop of 26–32 meters. Research suggests that heat transfer from the mantle to the ocean decreased by 8 percent, potentially altering ocean chemistry. Some studies i...
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Concerns Rise Over Atlantic Meridional Overturning Circulation Stability and Climate Impact
A new study suggests the Atlantic Meridional Overturning Circulation (AMOC) has remained stable over the past six decades, but experts remain divided. While some scientists argue the system has not weakened, others believe potential future disruptions to AMOC are inevitable, with major climate implications, including extreme weather events and cold...
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New Study Reveals Weaker Atlantic Current Could Mitigate Arctic Warming
Recent research from UC Riverside reveals that a weakening Atlantic Meridional Overturning Circulation (AMOC) could limit Arctic temperature increases by up to 2 degrees Celsius by the end of the century. While this slowdown may offer some relief, ongoing threats to Arctic wildlife and potential global weather disruptions remain a serious concern. ...
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Morgan Stanley Predicts Sensex At 82,000 In 12 Months; Risks Include Global Slowdown
In a recent report, international rating agency Morgan Stanley asserted that the third term of Prime Minister Narendra Modi, which will end in 2029, will remain India's decade.
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India To Grow At 6.7% From 2024, Become 6.7-Trillion Economy By 2030: Rating Agency
Standard & Poor, however, warned that a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6% in the current fiscal.
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As India Realty Sector Defies Global Slowdown, A Big Player Makes A Move
The billionaire family behind a property empire is opening up to outside investors for the first time as the country's real estate sector proves a bright spot in a global slowdown.
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India Doing A Lot To Stay Ahead Of Global Slowdown: World Bank President
India is doing a lot of things which are helping it to stay ahead during times of a global slowdown, World Bank President Ajay Banga said today.
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HP Misses Quarterly Revenue Estimates as PC, Laptop Sales Drop 29 Percent
HP on Tuesday missed Wall Street targets for second-quarter revenue, hurt by a slowdown in the personal computer market as inflation-hit customers tightened their budgets.
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FDI Inflow To India Down To 16% In FY23, First Decline In A Decade
Gross foreign direct investment (FDI) flows, for the first time in a decade, declined on an annual basis in 2022-23 to USD 71 billion mainly due to a slowdown in the global economy, according to the RBI data.
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Nearly 6 Percent of Contract Workers Lost Jobs in India's IT Sector in Past Year, Says Recruitment Body
Nearly six percent of outsourced contract workers lost jobs in India's information technology sector in the January-March period compared to the previous quarter following the impact of the global slowdown and Russia-Ukraine war, a recruitment body said.
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Samsung's Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown
Samsung Electronics's first-quarter profit is expected to plunge 92 percent to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.
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"First Budget Of 'Amrit Kaal'... World Sees India As Bright Star": N Sitharaman
Budget 2023: India's growth is in spite of slowdown globally due to Covid, says Finance Minister Nirmala Sitharaman
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IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
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India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
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Global Smartwatch Sales Decline for the First Time in 2024, Xiaomi Reports Strong Growth: Counterpoint
Global smartwatch shipments declined 7 percent year-on-year (YoY) in 2024, according to a new report by market research firm Counterpoint. Apple continued to hold the top position in worldwide smartwatch shipments, followed by Huawei and Samsung in second and third places, respectively. Xiaomi marked the fastest growth in 2024 and secured a spot am...
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Seafloor Spreading Slowdown May Have Caused 26–32m Sea Level Drop Over Millions of Years
Between 15 million and 6 million years ago, ocean crust production declined by 35 percent, leading to deeper ocean basins. This geological shift is believed to have caused a sea level drop of 26–32 meters. Research suggests that heat transfer from the mantle to the ocean decreased by 8 percent, potentially altering ocean chemistry. Some studies i...
-
Concerns Rise Over Atlantic Meridional Overturning Circulation Stability and Climate Impact
A new study suggests the Atlantic Meridional Overturning Circulation (AMOC) has remained stable over the past six decades, but experts remain divided. While some scientists argue the system has not weakened, others believe potential future disruptions to AMOC are inevitable, with major climate implications, including extreme weather events and cold...
-
New Study Reveals Weaker Atlantic Current Could Mitigate Arctic Warming
Recent research from UC Riverside reveals that a weakening Atlantic Meridional Overturning Circulation (AMOC) could limit Arctic temperature increases by up to 2 degrees Celsius by the end of the century. While this slowdown may offer some relief, ongoing threats to Arctic wildlife and potential global weather disruptions remain a serious concern. ...
-
Morgan Stanley Predicts Sensex At 82,000 In 12 Months; Risks Include Global Slowdown
In a recent report, international rating agency Morgan Stanley asserted that the third term of Prime Minister Narendra Modi, which will end in 2029, will remain India's decade.
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India To Grow At 6.7% From 2024, Become 6.7-Trillion Economy By 2030: Rating Agency
Standard & Poor, however, warned that a global slowdown and lagged effect of a policy rate hike by RBI could slow down growth to 6% in the current fiscal.
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As India Realty Sector Defies Global Slowdown, A Big Player Makes A Move
The billionaire family behind a property empire is opening up to outside investors for the first time as the country's real estate sector proves a bright spot in a global slowdown.
-
India Doing A Lot To Stay Ahead Of Global Slowdown: World Bank President
India is doing a lot of things which are helping it to stay ahead during times of a global slowdown, World Bank President Ajay Banga said today.
-
HP Misses Quarterly Revenue Estimates as PC, Laptop Sales Drop 29 Percent
HP on Tuesday missed Wall Street targets for second-quarter revenue, hurt by a slowdown in the personal computer market as inflation-hit customers tightened their budgets.
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FDI Inflow To India Down To 16% In FY23, First Decline In A Decade
Gross foreign direct investment (FDI) flows, for the first time in a decade, declined on an annual basis in 2022-23 to USD 71 billion mainly due to a slowdown in the global economy, according to the RBI data.
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Nearly 6 Percent of Contract Workers Lost Jobs in India's IT Sector in Past Year, Says Recruitment Body
Nearly six percent of outsourced contract workers lost jobs in India's information technology sector in the January-March period compared to the previous quarter following the impact of the global slowdown and Russia-Ukraine war, a recruitment body said.
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Samsung's Quarterly Profit Set to Drop 92 Percent as Chip Glut Worsens Amid Economic Slowdown
Samsung Electronics's first-quarter profit is expected to plunge 92 percent to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.
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"First Budget Of 'Amrit Kaal'... World Sees India As Bright Star": N Sitharaman
Budget 2023: India's growth is in spite of slowdown globally due to Covid, says Finance Minister Nirmala Sitharaman
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IMF Lifts Growth In Developing Nations To 4.0% In 2023
The International Monetary Fund on Monday raised its output growth estimate on emerging markets for this year, with projections now showing the economic slowdown
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India's GDP Projected To "Remain Strong" At 5.8%, Says UN Report
India's GDP is projected to moderate to 5.8 per cent in 2023 as higher interest rates and global economic slowdown weigh on investment and exports, the United Nations said.
