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India's GDP surpasses estimates, grows at 8.2% in FY24 and 7.8% in Q4

India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the Ja…

ANI   


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Morgan Stanley raises India's GDP growth forecast to 6.8% for FY25

According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectatio…

ANI   


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Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report

The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…

PTI   


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Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales

The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …

PTI   


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Reliance to commission first solar giga-factory in FY25

In its largest annual report, the firm said it is targeting to commission the first train of 20GW s…

PTI   


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Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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Share of agriculture in India's GDP declined to 15% in FY23: Govt

"In growth terms, agriculture and allied sector has registered an average annual growth of 4 per ce…

PTI   


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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI   


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LIC to invest around Rs 1.30 lakh crore in stock market in FY25

LIC has exposure in 282 companies through investment in their shares as of June 30, 2024.

PTI   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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Sensex surges to record high, gains 400 points; Nifty reaches all-time peak

The Nifty touched a record high at 25,174.55 and Sensex rose to 82,220.68. The indices opened almos…

ANI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast

Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…

ANI   


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Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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Gold imports dip 4.23% to $12.64 billion in Apr-July 2024

In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…

PTI   


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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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India's FY24 third quarter GDP growth seen at 6%: ICRA

Credit rating agency ICRA on Wednesday said India's Gross Domestic Product (GDP) would grow at 6 pe…

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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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Power, energy sector in India sees 9% growth in hiring in H1FY25, notes report

TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period betwe…

PTI