Search For "3 per cent"
Union Budget 2025: Pharma, Healthcare sectors seek 3 per cent hike in budg
Updated : 1 year, 4 months ago IST
The Indian pharmaceutical and healthcare industry has high expectations from the upcoming Union Budget 2025, according to a report by CareEdge Ratings. The sector is calling for increased government support to strengthen infrastructure and drive innovation.
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Auto sector gloom may continue in 3Q FY25, slowest growth of 11 quarters p
Updated : 1 year, 5 months ago IST
The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.
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Multiple players can co-exist in Quick Commerce India's retail market: Rep
Updated : 1 year, 5 months ago IST
The retail market in India stood at Rs 76trn - 78trn in 2023 and is expected to reach to Rs 116trn-124trn by 2028. Of this, Quick Commerce's contribution is expected to increase from 0.3 per cent (Rs 224bn) in 2023 to 2-3 per cent (Rs 2320bn-4240bn) in 2028, expanding at a CAGR of 60- 80 per
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Incremental investment in cement sector will come only when profitability
Updated : 1 year, 5 months ago IST
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After adjusting for 80 per cent capacity utilisation and accounting for depreciation, the post-tax ROCE stands at a mere 3 per cent. For incremental investments, the report hi
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Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 5 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
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Hyundai Motor India shares fall 3 pc after lackluster stock market debut
Updated : 1 year, 7 months ago IST
The stock opened at Rs 1,931 on the Bombay Stock Exchange (BSE), lower than the issue price of Rs 1,960, reflecting a decline of 1.5 per cent. On the National Stock Exchange (NSE), shares listed at Rs 1,934. Following the initial trading, Hyundai's share price further fell 3 per cent.
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"Gift to central govt employees": Amit Shah after cabinet approves hike i
Updated : 1 year, 7 months ago IST
Union Home Minister Amit Shah on Wednesday hailed the Union cabinet's decision to hike 3 per cent Dearness Allowance (DA) for government employees and called it a 'gift' to the Central Government employees on the occasion of festivals.
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Cabinet approves 3 pc hike in DA of central govt employees
Updated : 1 year, 7 months ago IST
The Union Cabinet on Wednesday approved a 3 per cent hike in Dearness Allowance (DA) for government employees.
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Renewed India-UAE Bilateral Investment Treaty comes into effect for contin
Updated : 1 year, 8 months ago IST
The BIT between India and the United Arab Emirates (UAE) officially came into effect on August 31. The UAE ranks as India's seventh-largest foreign direct investor, accounting for 3 per cent of the total Foreign Direct Investment (FDI) inflows with a cumulative investment of approximately US
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Tractor sales of M&M, Escorts Kubota see marginal domestic market gro
Updated : 1 year, 8 months ago IST
Mahindra & Mahindra's domestic tractor sales saw a modest growth of 3 per cent year-on-year (YoY) in September 2024, according to official figures released by the company.
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Housing prices show annual growth of 12 per cent, 14th consecutive quarter
Updated : 1 year, 9 months ago IST
The average housing prices across the top eight Indian cities witnessed a 3 per cent quarterly growth in Q2 2024, indicating a positive growth and homebuyer sentiment for the 14th consecutive quarter, a joint report by CREDAI, Colliers, and Liases Foras said.
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India's Q1 agri exports decline 3% due to Red Sea crisis
Updated : 1 year, 10 months ago IST
Agricultural exports in April-June 2024 dropped by 3 per cent due to the Red Sea crisis. According to the Agricultural and Processed Food Products Export Development Authority (APEDA), agri exports during this period were USD 5886.81 million, compared to USD 6083.83 million a year ago.
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