This drop was anticipated following HDFC Ltd's exit from the direct assignment (DA) market in July 2023. However, the quarter-on-quarter (Q-o-Q) change was minimal, with only a 3 per cent decrease, indicating potential growth in the securitisation market for the remainder of the fiscal year.
Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
India's non-banking financial sector registered a growth of 10 per cent however globally the sector declined by 3 per cent, highlights a report by SBI.
Companies are prioritizing innovation more than ever before, yet they have never been less prepared to deliver on those aspirations. In 2024, a record 83 per cent of senior executives have ranked innovation among their organizations' top three priorities, but only 3 per cent of companies qua
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
Kishore Narne, Commodity head, and executive director, Motilal Oswal group said, "As we embark on the new financial year, commencing with the auspicious occasion of Akshaya Tritiya, both Gold and Silver have shown significant gains, with Gold up by 13 per cent and Silver by 11 per cent Year-
The Emirate of Ajman witnessed a 7 per cent increase in total tourism revenue in the first quarter of 2024, driven by a 3 per cent rise in occupancy rates and a 9% growth in visitor numbers compared to the same period in 2023.
The auto sale number for April 2024, shows that the overall sale of passenger vehicle has declined as compared to March, except Mahindra who have shown a marginal growth of 3 per cent.
Global gold demand was up 3 per cent year-on-year at 1,238 tonne in the first quarter of 2024, marking the strongest first quarter since 2016, according to World Gold Council's Gold Demand Trends report.
The company's quarterly financial report reveals that Jio's net profit increased by 3 per cent from the previous quarter, showcasing its resilience and growth trajectory in the highly competitive telecom sector.
Asserting that he is committed to taking strict action against the corrupt, Prime Minister Narendra Modi has hit out at opposition parties over their allegations of misuse of probe agencies by the government, saying that those who see benefits in a corrupt system are the ones who are "crying