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2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
3 mins read
Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October
Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…
2 mins read
Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections
The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.
1 min read
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
2 mins read
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
1 min read
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
1 min read
Federal Bank shares surge 8 percent after September quarter earnings announcement
Shares of Federal Bank soared up to 8 per cent after the firm reported an 11 per cent increase in n…
PTI
2 mins read
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
2 mins read
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
4 mins read
Indian smartphone shipments grow 5.6% in Q3 2024, Vivo leads the market
Indian smartphone shipments recorded a growth of 5.6% in Q3 2024, marking the fifth consecutive qua…
3 mins read
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
2 mins read
With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…
ANI
2 mins read
The Federal Reserve gives Americans another interest rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…
Ayelet Sheffey
3 mins read
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
2 mins read
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
3 mins read
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
2 mins read
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
2 mins read
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…