Despite the recent challenges and lower-than-expected growth of 5.4 per cent in Q2FY25, the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton.
TVS Motor Company recorded monthly sales of 321,687 units in December 2024 with a growth of 7 per cent as against 301,898 units in the same period last year, the company said in a statement on Thursday.
India's textile and apparel sector has posted a remarkable growth in exports during the first half of FY 2024-25, with total exports reaching USD 21,358 million, marking a 7 per cent increase compared to the same period last year.
"For every Rs 25 lakh spent on the construction of a flat by the government, eligible beneficiaries pay less than 7 per cent of the total amount, comprising Rs 1.42 lakh as a nominal contribution and Rs 30,000 for five years of maintenance," the statement added
Kumar Rajagopalan, CEO, RAI, said, "RAI's survey indicates a moderate growth of 7 per cent during the October-November festive season, falling short of the anticipated 10 per cent. Consumption growth has been subdued throughout the year, prompting retailers to boost business through promotio
While the post-pandemic period saw a sharp rebound and significant variations in GDP growth, these irregularities are now settling down, signalling a return to stability
The Sheikh Zayed Grand Mosque in Abu Dhabi welcomed a significant number of visitors during the 53rd Eid Al Etihad holiday. A total of 82,053 people visited the mosque, marking a 7 per cent increase compared to the previous year.
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday. The quarterly growth was quite lower than RBI's forecast of 7 per cent.
Khan Market, India's most expensive retail destination, boasts annual rents of USD 229 per square foot (~INR 19,330), reflecting a 7 per cent year-on-year growth.
The sales value also fell 15 per cent to Rs. 15,739 crore, down from Rs. 18,505 crore in the corresponding quarter last year, indicating a yearly dip in the average home sales value by 7 per cent to Rs. 62 lakh.
Changing weather patterns, which have recently led to supply deficits, could also add to the growing power demand. In FY25 alone, electricity consumption is expected to increase by 7.2 per cent year-on-year, reflecting consistent growth from the previous year's 7.1 per cent.