As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities.
The high valuation of the Indian equity market is justified because of the strong fundamentals of the Indian companies as compared to other emerging markets globally, highlighted a report by Allianz Global Investors.
Demand for domestic appliances was muted in Q2FY25 attributed to weak consumer sentiment and lower liquidity in the distribution channels. Lower stocking by the channels ahead of the festive season also affected sales, especially for kitchen and domestic appliances.
The Indian equity markets are facing a short-term pressure because of the moderating corporate earnings and the rising geopolitical tensions, highlighted a report by Motilal Oswal.
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expected to see a slight dip in profits compared to the previous quarter, according to a report by Motilal Oswal.
New Delhi [India], September 26: In a groundbreaking move, TaxSpanner and KarmaLife have partnered to streamline the tax refund process for gig workers associated with major delivery and mobility platforms. This collaboration aims to simplify the recovery of Tax Deducted at Source (TDS) by g
Crisil asserted that reduced demand from Bangladesh on account of the current political scenario there and the suspension of direct flights from China are impacting tourist footfalls in India. Both these countries were a major source of tourists for India and accounted for 27 per cent of the
The Indian IT sector is poised for strong earnings growth in the coming years, with a projected double-digit Earnings Per Share (EPS) Compound Annual Growth Rate (CAGR) of 17.5 per cent from FY24 to FY27, according to a recent industry analysis report by Nirmal Bang Equities.
The growth trajectory of quick commerce is underscored by key players such as Zomato's Blinkit, Zepto, and Swiggy Instamart, which are set to reach USD 10 billion in gross order value by FY26.
Auto and taxi drivers in Delhi have called for a two-day strike against app-based cab services, citing unfair competition and low earnings. The strike, which began on Thursday, has caused inconvenience to commuters, with many drivers refusing to accept rides.
The Indian stock markets have outperformed emerging markets over the past 18 months due to strong domestic flows and healthy earnings, says a report by Dolat Capital.
Last week, Bollywood saw the release of three major films, but it was Stree 2 that quickly took the lead at the box office, leaving Khel Khel Mein and Vedaa struggling to keep up.