Deloitte projects India’s FY25 GDP growth at 6.6 per cent
Deloitte India on Friday said it estimates India’s GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India’s economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created...
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Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
26 April 2024 | PTI -
Tech Mahindra shares zoom over 13 pc as co unveils three-year roadmap to bounce back
26 April 2024 | PTI -
Indian housing market outlook bullish: Report
26 April 2024 | PTI -
SRM IST hosts Conference on Occupational Therapy
26 April 2024 | PNS -
ITC plans to open more hotels overseas: CMD Puri
26 April 2024 | PTI -
HUDCO celebrates its 54th Foundation Day
26 April 2024 | Abhi Singhal -
Ministry working on infrastructure needs to achieve $1 trillion goods exports target by 2030: Official
26 April 2024 | PTI
India services exports grow 11.4 per cent in 2023: UNCTAD report
India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, while China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion, according to a UNCTAD report. Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality. With...
AI offers remarkable opportunity for India: Qualcomm India
India, with its growth engines roaring, is the “place to be”, Qualcomm India President Savi Soin has said, adding that the country has a “remarkable opportunity” with hybrid Artificial Intelligence (AI). The San Diego, California-headquartered chip designer is working with OEMs as well as operators in India to help bring entry-level...
Resilient economy, price stability to support India promising growth story: FinMin report
Resilient growth, price stability and steady external sector outlook continue to support India’s promising economic performance amid uncertain global conditions, a Finance Ministry report said on Thursday. Overall, India continues to be the fastest-growing major economy, with positive assessments of the growth outlook for the current financial year for India by...
Markets extend gains
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on Thursday, driven by heavy buying in banking, financial and metal stocks. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50...
Business leaders urge PM Shehbaz to initiate trade talks with India which will benefit Pakistan's economy
Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country. Posing tough questions during an hour-long meeting at the Sindh CM House here in Pakistan's commercial...
Axis Bank shares climb over 5 pc post earnings announcement
Shares of Axis Bank on Thursday climbed more than 5 per cent after the company reported a consolidated net profit of Rs 7,599 crore during the March 2024 quarter. The stock advanced 5.19 per cent to Rs 1,119 on the BSE. At the NSE, it climbed 5.29 per cent to Rs 1,119.50...
IGX launches ssLNG contracts, to take gas availability beyond national grid
Close on the heels of receiving approval from the Petroleum and Natural Gas Regulatory Board (PNGRB), the Indian Gas Exchange (IGX) has launched contracts for small-scale Liquefied Natural Gas (ssLNG) on its platform in a bid to address the demand for fuel in areas not connected to the national gas...