slows

Growth in much of the world's service sector was anaemic in July as firms around the world worried about the debt crisis in Europe and the US as a well as slowing consumer demand, business surveys showed mid this week. World stocks tumbled, with the US S&P 500 stock index falling to a new low...

The US private sector added jobs for the 19th straight month in July but growth remained below the level needed for a steady recovery in the struggling labour market, while planned lay-offs jumped to a 16-month high, adding to worries over the health of world’s largest economy. Wednesday’s...

India Inc's growth momentum appears to have slowed in the quarter ended September 2007 if "early bird" results are any indication. The sales growth rate of 251 firms that have declared their results so far is 18.3 per cent, the lowest in nine quarters. Net profit growth at 28.6 per cent is the...

India Industrial Output Slows, Triggering Stock Slump -- India's industrial production growth slumped to a 10-month low, triggering a stock-market decline on concern that central bank measures to restrict lending will damp economic expansion. Production at factories, utilities and mines...