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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   


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Infosys Q1FY25 results: Net profits jump 7.1%, revenue beats market estimates at Rs 39,315 crore

India's IT giant's Q1FY25 net profit surged 7.1% YoY to Rs 6,368 crore, while revenue was up 3.6% t…

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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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Global smartphone market records 8% growth in Q2 2024, Samsung takes the top spot

The global smartphone market recorded a growth of 8% in Q2 2024, making this the third quarter cons…

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Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates

​​The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…

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Infosys is keen on more acquisitions, says CEO Salil Parekh

Infosys is considering further acquisitions in data analytics and SAAS areas, with potential target…

PTI   


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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   


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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   


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Stock market today: Sensex, Nifty open in red, media slips by 2% as IT manages marginal lead

In early morning trade, LTI Mindtree, Axis Bank, Infosys, Wipro, and Tech Mahindra gained significa…

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Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…

ANI   


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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…

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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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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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India's GDP growth surges to 8.4% in Q3, 2023-24 growth rate pegged at robust 7.6%

India's economy sprang a surprise with an 8.4 per cent surge in GDP growth during the third quarter…

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Infosys net profit declines 7.3% to ₹6,106 crore in Q3

IT company Infosys on Thursday posted a 7.3 per cent decline in consolidated net profit at Rs 6,106…

PTI   


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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…

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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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Stock market closing: Sensex climbs over 600 points to close in green, LTIM, ONGC amongst top gainers

Amongst sectoral indices. IT inched up by 2.22%, while media was biggest loser, down by 3.57%. Real…

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India's GDP grows 7.6% in September quarter, beats RBI estimates

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-…

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Nvidia CEO Jensen Huang defends Blackwell design problems in post-earnings interview, promising 'billions' in Q4 revenues

Nvidia CEO Jensen Huang remains optimistic about prospects for its forthcoming Blackwell chip despi…

Erin Snodgrass