The share of private capital expenditure (capex) in India's Gross Fixed Capital Formation (GFCF) has dropped to a ten-year low of 33 per cent in FY2024, according to a report by ICRA.
India's electronics sector has experienced rapid growth in recent years, with production increasing at a compound annual growth rate (CAGR) of 15 per cent from FY16 to FY24, reaching USD 115 billion.
Vadodara (Gujarat) [India], February 24: BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024.
The Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.
In the first nine months of the current financial year, profit growth has slowed in sectors that were among the fastest-growing in FY24, says a report by Nuvama.
Domestic investment announcements in India have seen a remarkable surge, crossing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24), according to a report by the State Bank of India (SBI).
Private investment in India is set to reach its highest level in eight years as a percentage of GDP in FY24, according to a report by the State Bank of India (SBI).
The loan growth of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) (excluding IFCs) will moderate to 17 per cent in FY25, down from 21 per cent in FY24, says a report by Jefferies.
India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
The central government has kept the interest rates unchanged on various small savings schemes for the January-March quarter of Financial year 2024-25, according to an official notification from the Ministry of Finance.
India's pharmaceutical exports soared from over USD 15 billion to USD 28 billion in the decade ending FY24, powered by initiatives like the Production Linked Incentive (PLI) and Bulk Drug Parks.