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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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Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank

The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …

PTI   


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Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24

Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent …

PTI   


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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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Sensex, Nifty climb in early trade on buying in IT, bank stocks

Equity benchmark indices rallied in early trade on Tuesday amid buying in IT and bank stocks along …

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RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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Auto and banking stocks drive Sept quarter earnings as market gurus upgrade FY24 estimates

Earnings of India’s top 50 listed companies delivered stellar earnings during the September quarter…

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Axis Bank Q3 net profit rises to ₹6,071 crore

rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …

PTI   


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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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TVS Credit posts 33.43% rise in Q4 PAT at ₹148.29 crore

The standalone total revenue from operations grew to Rs 1,517.50 crore, from Rs 1,234.60 crore…

PTI   


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Maruti Suzuki India stock hits 52-week high after robust Q1 results

On Wednesday, Maruti Suzuki India reported a 47 per cent jump in net profit to Rs 3,650 crore for J…

PTI   


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RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …

PTI   


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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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Wearables devices price hits record low after dropping by 17%; Offline sales grow by 37.9% in Q1 FY25: IDC

The average selling price (ASP) for overall wearable devices has declined by more than 17 per cent …

ANI   


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Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%

Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…

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SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI