India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision operating profit (PPOP) rising 13 per cent, and adjusted profit after tax (PAT) increasing by 7 per cent. While earnings expectations
Industrials, IT, and Energy have been downgraded to a Neutral stance, while Financials, Staples, and Materials remain Underweight due to valuation concerns and structural headwinds.
The State Bank of India (SBI) has revised its forecast for India's GDP growth in FY25 to 6.3 per cent, slightly lower than the National Statistical Office's (NSO) estimate of 6.4 per cent.
Congress MP Manickam Tagore on Saturday accused Prime Minister Narendra Modi of getting "personal" while speaking in the Parliament, saying that he usually "downgrades" the standard of debate.
The "big boys" indeed stood up for Australia as Travis Head's counter-attacking century, top-notch six and five wicket hauls by pacers Mitchell Starc and Pat Cummins and a return to form half-century from Marnus Labuschagne left India with very little space to recover and breather as they co
The downgrade comes after the growth slowdown in the quarter ending September 2024. India's GDP growth slowed to 5.4 per cent year-on-year (YoY) in the July-September quarter of 2024, marking its lowest level since March 2023.
The Cereal Supply and Demand Brief, issued by FAO Friday, attributed its raised projections to a better harvest outlook for maize in Argentina and Brazil as well as Turkiye and Ukraine, which will offset downgrades to the outlook for Indonesia, Pakistan and several Southern African countries
The severe cyclonic storm 'Remal' has weakened since making landfall last night and is expected to downgrade into a deep depression by this evening, the National Disaster Response Force (NDRF) announced on Monday.
Ratings agency Fitch revised its outlook on China's sovereign credit rating to negative from stable, citing risks to the country's public finance outlook and amid a transition away from real estate sector-led growth.