News stories about "weaker" in India.

India rupee closes slightly lower, little changed on week

The Indian rupee ended slightly weaker on Friday as buoyant U.S. dollar demand from local companies offset the positive cues from strength in its Asian peers. Key Points

Reuters

Experian sticks to annual outlook as revenue rises despite weak spots in lending

Experian (EXPN.L) maintained its annual outlook on Thursday, as the world's largest credit data group reported a 5% rise in quarterly revenue despite weaker lending volumes in some of its markets such as the UK. Key Points

Reuters

Sensex, Nifty open flat tracking weaker global cues; Adani Group shares fall

The S&P BSE Sensez was trading 7.47 points lower at 60,995.10 around 9:33 am, while the NSE Nifty 50 fell 21.95 points to 17,922.25. Broader markets also fell in early trade, reflecting weaker sentiments across the board. Key Points

India Today

Japan's Nikkei posts biggest point gain for fiscal year

Japan's Nikkei share average surged on foreign buying and a weaker yen, posting a record fiscal-year gain. Despite currency market concerns, investors remain optimistic due to record property sector rally. Key Points

Business Today

Consumer spending underwhelming, UK retailers turn to 'extreme bargains'

Matches' woes are the latest sign that retailers' trouble is spreading across the Atlantic amid weaker consumer spending. Shops have been pushed to the breaking point after inflation has boosted their expenses and weighed on consumer spending, and even heavy discounting isn't enough to save them. Key Points

Economic Times

UK economy shrinks, raises risk of recession

It was the first time since July that GDP had shrunk on a month-by-month basis. Sterling fell by about a third of a cent against the US dollar and was weaker against the euro too. Investors added to their bets on the BoE starting to cut interest rates in June 2024, and the yield on 10-year British government bonds fell to its lowest since May. Key Points

Economic Times

Nifty IT index stocks: Will strength in US dollar help in reviving them?

With some strength in the US dollar coming back, there is global trade which is getting started, metal prices have come down and sectors, which benefit from weaker local currencies have seen a recent bump up. The question is whether the domestic IT companies, which have been witnessing a phase of underperformance, especially the largecaps, will have any recovery due to the rupee factor? Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points

Economic Times