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2 mins read

Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD

The restaurant industry faced temporary headwinds such as high food inflation and people dining out…

PTI   


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3 mins read

PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets

The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…

PTI   


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2 mins read

Indian stock markets open flat amid the anticipations of profit booking

The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…

ANI   


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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI   


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HDFC Life Q1 results: Profit after tax surges to Rs 478 crore, AUM crosses Rs 3 lakh crore

HDFC Life's Q1FY25 results saw 31% YoY growth in individual APE, total assets at Rs 3,10,244 crore,…

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2 mins read

Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

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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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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2 mins read

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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Reliance AGM 2024: Company aims to double retail business, Mukesh Ambani says not pursuing short-term profit

Reliance Industries, led by Mukesh Ambani, has laid out ambitious plans during its Annual General M…

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2 mins read

PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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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…

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2 mins read

Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24

One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…

ANI   


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3 mins read

RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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Ola Electric Mobility losses widen to ₹347 crore in Apr-Jun quarter

Revenue from operations for the quarter under review was Rs 1,644 crore against Rs 1,243 crore …

PTI   


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3 mins read

Investing in India’s manufacturing sector: Opportunities and outlook

India's economic landscape is a tapestry of growth drivers, with the manufacturing sector emerging …

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1 min read

UltraTech Cement Q1 profit flat at Rs 1,696.6 crores

Its revenue from operations was up 1.87 per cent at Rs 18,069.56 crore during the period. It was at…

PTI