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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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Indian Energy Exchange records 24% growth in September 2024

Indian Energy Exchange (IEX), India's leading electricity exchange, experienced significant growth …

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Adani to supply clean energy for Google's cloud operations in India

Gautam Adani's group is set to supply 61.4 MW of clean energy from its Khavda renewable energy park…

PTI   


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Housing sales rise 5% to 87,108 units across the top eight cities in Jul-Sep

Housing sales rose 5% annually during July-September to 87,108 units in eight major cities as deman…

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India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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Sale of residential units up by 17% YoY, significant growth in luxury housing sales: JLL report

The sale of residential units in India surged by 17 per cent year-on-year (Y-o-Y) during the first …

ANI   


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Automobile exports from India rise 15.5% in Q1

Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compare…

PTI   


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Retail space demand in shopping malls rises 15% in April-June across major Indian cities: Cushman & Wakefield

Owing to better demand from retailers, leasing of retail spaces in shopping malls across eight majo…

PTI   


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Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts

It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…

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Amid growing demand for AI, India's Data Centre boom to drive USD 5.7 billion investments by 2026: JLL

India's data centre industry to attract an investment of USD 5.7 billion by 2026 amid the growing d…

ANI   


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1 min read

Domestic commercial vehicle industry volumes expected to grow by 7-10 pc in FY24: Icra

The domestic commercial vehicle industry volumes are expected to grow by 7-10 per cent in FY2024, s…

PTI   


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Nifty makes significant gains on positive PMI, GDP data

Mumbai, Sep 1 (IANS) Domestic markets made significant gains buoyed by favourable global cues, a hi…

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4 mins read

India's PC market grows by 2.6% in Q1 2024, recording third consecutive quarter with growth

The Indian PC market, which includes desktops, notebooks and workstations reported a modest growth …

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4 mins read

What the latest inflation data means for interest rates

In today's big story, we're looking at what a hotter-than-expected inflation report means for marke…

Dan DeFrancesco   


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Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL

​​India's retail credit market has continued to experience sustained growth in the second quarter o…

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JPMorgan cuts its price target on Tesla stock, now sees 32% downside, after delivery miss highlights growth concerns

"We caution Tesla shares could fall much further still should the company not be successful in quic…

Matthew Fox   


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India's services sector growth surges to 13-yr high in Sep: S&P survey

India's services sector grew at a robust pace in September, as a positive demand environment booste…

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TV ad volumes see a 3% drop during Jan-March 21 over previous quarter: TAM AdEx

Ad volume on television declines by 3% in Q1 2021: TAM AdEx

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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …