Search For "fy20"
India's banking credit growth to remain subdued in FY2026, lowered forecas
Updated : 1 year, 2 months ago IST
For FY2026, ICRA anticipates a further slowdown in credit growth, estimating a range of 9.7-10.3 per cent, influenced by the high CD ratio and upcoming changes in the liquidity coverage ratio (LCR) framework.
Read More
Tobacco exports marked a record Rs12,005 crores in FY2024
Updated : 1 year, 2 months ago IST
Export volumes surged from 218.84 million kg in 2019-20 to 315.51 million kg in 2023-24, bolstered by effective government policies and the Tobacco Board's relentless efforts. India, the second-largest tobacco producer globally, has maintained its dominance in the export market.
Read More
Lower realisation and weaker pricing power will hurt profitability of ceme
Updated : 1 year, 2 months ago IST
Demand for cement, which had recorded a robust compound annual growth rate (CAGR) of 11 per cent between FY2022 and FY2024, is projected to slow to 4.5-5.5 per cent this fiscal.
Read More
India's CAD projected at 1 pc of GDP for FY2025: CRISIL Report
Updated : 1 year, 2 months ago IST
India's current account deficit (CAD) remained largely stable at USD 11.2 billion, or 1.2 per cent of GDP, in the second quarter (Q2) of fiscal 2025, compared with USD 11.3 billion (1.3 per cent of GDP) in the same period last year.
Read More
Rationalisation of royalty rates and auction of critical minerals blocks a
Updated : 1 year, 2 months ago IST
The Centre has brought amendments to rationalise the royalty rates and successfully auctioned 24 critical mineral blocks in four tranches, an effort to drive the economic growth, the Ministry of Mines stated in its year-end review-2024.
Read More
India's defence exports touched record Rs 21,083 crore in 2023-24, marks 3
Updated : 1 year, 2 months ago IST
India's defence exports continue to rise touching a record Rs 21,083 crore (about USD 2.63 billion) in the FY2023-24, a growth of 32.5 per cent over the previous fiscal when the figure was Rs 15,920 crore.
Read More
JSW Infrastructure targets 400 MTPA cargo-handling capacity by FY2030
Updated : 1 year, 2 months ago IST
JSW Infrastructure (JSWIL), part of the JSW Group aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by financial year (FY) 2030.
Read More
India set for 12-fold increase in energy storage capacity to 60 GW by FY32
Updated : 1 year, 2 months ago IST
This will surpass the growth anticipated for renewable energy sources themselves. The country's energy storage landscape is evolving rapidly, with the proportion of RE projects incorporating storage solutions increasing significantly, from 5 per cent in FY20 to 23 per cent in FY24.
Read More
Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 2 months ago IST
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
Read More
Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 2 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
Read More
Carro receives strategic investment from Woori, capping off a record FY202
Updated : 1 year, 3 months ago IST
Singapore, December 10: Carro, Asia Pacific's largest and fastest-growing online used car platform, is ending the year strong, having achieved an EBITDA of S$43 million (US$32 million) and a 4% EBITDA margin, according to their audited FY2024 numbers.
Read More
Copper demand sees 13% yoy growth in FY2024, reaches 1700 kilotonnes: ICA
Updated : 1 year, 3 months ago IST
The copper demand in the country witnessed a 13 per cent year-on-year growth in FY2024, reaching 1700 kilotonnes(kt), said International Copper Association India (ICA India) in a release.
Read More