Recession
India's GDP Growth Surges To 8.4% In Q3, FY24 Forecast Pegged At 7.6%
Economy National News

SBI forecasts India’s Q3 FY24 GDP Growth At 6.8%, Sees Upside Potential

The economic research department of the State Bank of India (SBI) has forecasted India’s gross domestic product (GDP) growth at 6.8 per cent in Q3 FY24 amid global economic complexity. The report added that it could hit 7 per cent on the back of likely downward revisions in Q3 FY23 estimates. The report stated that […]

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Hasbro Cuts 1,100 Jobs Amid Ongoing Toy Industry Slump
Brands Companies News People

Hasbro Cuts 1,100 Jobs Amid Ongoing Toy Industry Slump

Toy manufacturer Hasbro on Monday said that it will be reducing its workforce by approximately 1,100 jobs, constituting 20 per cent of its employees, as the challenges in the toy industry persist through another holiday season. The company revealed the layoffs in a memo to employees, as reported by The Wall Street Journal. These job […]

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Fitch Upgrades Global Growth Forecast to 2.4% in 2023
International News

Fitch Upgrades Global Growth Forecast To 2.4% In 2023

Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. “The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than […]

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