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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
Construction and agriculture drag India Inc's Q2 revenue growth to 5-7%, says Crisil report
According to the market intelligence firm, revenue growth for the three months ending in September …
ANI
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
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…
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…
Hindustan Unilever shares tumble over 6% post Q2 results
Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…
Ford's stock drops 6% in after-hours trading after releasing third-quarter earnings
"Clearly, our strategic advantages are not falling to the bottom-line the way they should," Ford's …
Shubhangi Goel
Indian Energy Exchange records 24% growth in September 2024
Indian Energy Exchange (IEX), India's leading electricity exchange, experienced significant growth …
Adani to supply clean energy for Google's cloud operations in India
Gautam Adani's group is set to supply 61.4 MW of clean energy from its Khavda renewable energy park…
PTI
Housing sales rise 5% to 87,108 units across the top eight cities in Jul-Sep
Housing sales rose 5% annually during July-September to 87,108 units in eight major cities as deman…
Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore
The consolidated results of Ambuja Cements include the financial performance of its step-down firm …
PTI
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…
Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season
The luxury car market in India currently remains very small accounting for less than 2% of the over…
PTI
India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
Corporates in India have likely logged a 4-6 per cent revenue growth in the January-March quarter, …
ANI
Sale of residential units up by 17% YoY, significant growth in luxury housing sales: JLL report
The sale of residential units in India surged by 17 per cent year-on-year (Y-o-Y) during the first …
ANI
Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, clo…
Kelly Cloonan
India's PC market grows by 2.6% in Q1 2024, recording third consecutive quarter with growth
The Indian PC market, which includes desktops, notebooks and workstations reported a modest growth …
India's electronics manufacturing projected to double in next five years: ICICI Direct
The first quarter earnings season in the Indian stock market is almost over, with most major listed…
ANI
Global M&A transaction value rises in first half of 2024 despite fewer deals: S&P Report
Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value durin…
ANI
India's FY24 third quarter GDP growth seen at 6%: ICRA
Credit rating agency ICRA on Wednesday said India's Gross Domestic Product (GDP) would grow at 6 pe…