Tag Archives: remain

Xiaomi fastest growing phone maker, but Samsung and Apple remain leaders: report

Xiaomi holds the fifth position with market share of 7.4%, but it registered the highest year-on-year growth of 102.6% from Q3 2016 when it controlled only 3.7% of the market share. (Above) Xiaomi’s India head Manu Jain (left) with actor Katrina Kaif during the launch of its new series of smartphones, in New Delhi on Thursday. Photo: PTI Samsung continues ... Read More »

The economy is not strong, wages remain weak, and rates will stay on hold

The annual growth rate is still well below par, despite what Scott Morrison says. If Treasurer Scott Morrison really thinks the latest report on the health of the Australian economy represents a “strong set of numbers”, it will be interesting to see what sort of adjectives he comes up with to describe them when they really are strong. The economy is not ... Read More »

Nifty likely to remain volatile this week; 5 stocks which can give up to 18% return in short term

The Nifty continued with the downward spiral in its daily chart for the third week in a row, indicating a slothful movement in an upcoming session. Despite closing on a positive bias in Friday’s trade, Nifty failed to cohere above its psychological support level during the closing period of trade on the backdrop of selling pressure coupled with mounting concerns ... Read More »

GDP Data Today, India To Remain Fastest Growing Economy: 10 Points

India likely remained the fastest growing major economy in the world last quarter. HIGHLIGHTS Lower interest rates have helped support economic growth, say economists Economists predict Indian economy grew 7.1% annually in March quarter Factory and services activity expanded for most of the first quarter of 2 India likely remained the fastest growing major economy in the world last quarter, ... Read More »

Brexit economy: workers face squeeze but firms remain upbeat

Shoppers apparently shrugged off any worries about rising prices to keep spending in April. Photograph: Luke MacGregor/Reuters The Brexit squeeze on household budgets has intensified over the past month, but companies and investors remain cautiously optimistic about the economic outlook in the run-up to the election, a Guardian analysis shows. With a fortnight to go until the general election, the ... Read More »

UK grocer Morrisons on cusp of quiet revolution, but doubts remain

While investors have had their sights trained on the biggest names slugging it out in Britain’s supermarket price war, one former struggler, Morrisons (MRW.L), may be embarking on a quiet revolution. Eighteen months after Chief Executive David Potts took over, the retailer is on course to return to profit growth this year after four years of falls caused largely by ... Read More »

Oil takes breather from losses but oversupply concerns remain

Oil edged higher on Tuesday after falling by up to 10 percent in just one week, but investors remained concerned about oversupply weighing on prices. Global benchmark Brent crude LCOc1 was trading up 49 cents at $42.63 a barrel at 1031 GMT. U.S. West Texas Intermediate (WTI) crude CLc1 was up 38 cents at $40.44 a barrel, after briefly dipping ... Read More »

Weak U.S. productivity likely to remain a drag on profits

U.S. nonfarm productivity fell less sharply than initially thought in the first quarter and labor-related costs surged for a second straight quarter as companies hired more workers to raise output, suggesting profits could remain under pressure. The Labor Department said on Tuesday productivity, which measures hourly output per worker, contracted at an annualized rate of 0.6 percent, instead of the ... Read More »