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Credit offtake continues to rise but at a slower pace: CareEdge Ratings
Updated : 1 year, 2 months ago IST
Credit offtake continues to rise but at a slower pace as compared to last year. As of March 7, total bank credit stood at Rs 181.3 lakh crore, reflecting an 11.1 per cent year-on-year (YoY) growth says a report by CareEdge Ratings
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India's composite Output Index decline marginally in March, while private
Updated : 1 year, 2 months ago IST
India's private sector continued its strong growth momentum in March, though at a slightly slower pace compared to February, according to the latest HSBC Flash India PMI data.
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Austria records significant drop in asylum applications
Updated : 1 year, 2 months ago IST
Austria has recorded a notable decline in the number of asylum applications, with February witnessing a 37 percent drop compared to the same period last year, bringing the total to 1,397 applications.
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South and West India lead in CSR spending, tech firms exceed 2% mandate: R
Updated : 1 year, 2 months ago IST
South and West India have witnessed more Corporate Social Responsibility (CSR) spending by the technology companies in India compared to other regions, with more companies spending beyond the mandate of 2 per cent, according to a report prepared jointly by Nasscom and BOD Consulting.
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Johnson & Johnson increases US investment to more than USD 55 billion
Updated : 1 year, 2 months ago IST
According to Johnson and Johnson's statement, this represents a 25 per cent increase in investment compared to the previous four years and builds upon the Company's already elevated US investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act.
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Hawk-Eye technology to assess wides outside off stump and above head in IP
Updated : 1 year, 2 months ago IST
The identical technology that was utilized to assess over-the-waist no-balls in IPL 2024 will be implemented for over-the-head wides. The ball-tracking technology, which includes Hawk-Eye, will evaluate the ball's height as it crosses the batter at the popping crease, which will subsequently
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FMCG revenues in India to see 100-200 basis points recovery in 2025-26, Cr
Updated : 1 year, 2 months ago IST
India's fast-moving consumer goods (FMCG) sector should see revenue rebound 100 to 200 basis points to 6-8 per cent in the next fiscal year 2025-26, compared with a more modest 5-6 per cent expected rise in the current financial year 2024-25, Crisil Rating said Wednesday in a report.
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"We need to be better in the powerplay": Pakistan skipper Salman Ali Agha
Updated : 1 year, 2 months ago IST
He said it was a good game compared to the first, he admired Pakistan's fielding in the match and also praised his bowlers. He spoke about Haris Rauf who took three wickets in the second innings, he felt that Pakistan has to improve in the powerplay with both bat and bowl.
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India's private sector is in better position to invest, compared with deca
Updated : 1 year, 2 months ago IST
Over the years, private companies have steadily reduced their debt, leading to stronger balance sheets. This has been driven by low capital expenditure (capex), government initiatives to boost infrastructure, fresh equity issuances, and improved capacity utilization. Many companies have also
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Additional buying in gold could trigger if it sustains above USD 3000: WGC
Updated : 1 year, 2 months ago IST
Gold's recent rally has been remarkable, with prices surging from USD 2,500 to USD 3,000 in just 210 days. This is a much faster increase compared to historical trends, where it has typically taken an average of 1,700 days for gold to rise in USD 500 increments.
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India's exports declined to USD 71.95 bn in Feb from USD 74.97 bn in Jan 2
Updated : 1 year, 2 months ago IST
On the services front, exports rose significantly to USD 35.03 billion in February 2025, up from USD 28.33 billion in February 2024. Imports also saw an increase, reaching USD 16.55 billion compared to USD 15.23 billion in the previous year.
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Optimism on Financial Performance Declines; Industrial Sector witnesses la
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 17: A recent survey of Chief Financial Officers (CFOs) in India, conducted by Dun & Bradstreet India, a leading global provider of business decisioning data and analytics, found that CFOs' confidence for both industrial and services financial performan
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