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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…
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
Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …
ANI
3 mins read
ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025
In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…
1 min read
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
2 mins read
Patanjali Foods profit surges to Rs 262.90 crore on back of e-commerce and quick commerce channels
The net profit of Patanjali Foods surged to Rs 262.90 crore year-on-year during the first quarter o…
ANI
2 mins read
Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%
At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…
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…
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 …
2 mins read
Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts
Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj …
PTI
2 mins read
Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins
Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…
PTI
2 mins read
India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report
India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…
ANI
4 mins read
Global PC shipments report growth for the second quarter, up by 3% in Q2 2024
Global PC shipments rose 3% year-on-year in Q2 2024 to 64.9 million units, rebounding after seven q…
4 mins read
Global smartphone shipments grow 6.5% in Q2 2024, Xiaomi records highest growth
Worldwide smartphone shipments continued to grow in Q2 2024, marking the fourth consecutive quarter…
2 mins read
Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore
The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …
PTI
6 mins read
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
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…
ANI
2 mins read
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
2 mins read
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
2 mins read
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…