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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 …
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
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…
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…
Currency notes with Anupam Kher picture used to con bullion trader of 2.1 kg gold
Thakkar filed a complaint with the Navrangpura police station, detailing how he was tricked into…
PTI
Demand for generic medicines in India growing rapidly, notes recent UBS report
As these stores expand, the sales of more expensive branded medicines are likely to be impacted.…
ANI
FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report
It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…
Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections
The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Trend of strong FDI to accelerate in coming quarters, note experts
. The government data showed that overseas inflows in May rose to $5.85 billion and in June to $ 5.…
PTI
2.1% of ₹2,000 banknotes, with value of ₹7,581 crore, still to be returned
About 2.1 per cent or Rs 7,581 crore of the withdrawn Rs 2,000 banknotes have not yet been returned…
ANI
Nifty, Sensex gain amid ongoing US election, experts noted volatility to continue
Indian stock markets opened with gains on Wednesday amid the ongoing US election voting, with volat…
ANI
India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030
India's power generation and transmission sectors are poised for substantial growth. Also, India's …
India provided more climate finance in 2022 than many rich nations, noted recent report
India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…
PTI
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…