The Asian Development Bank (ADB) on Wednesday forecasts India's economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for FY2025. ADB reiterated that India's economic growth will remain robust.
Mumbai (Maharashtra) [India], September 11: Verticalized SaaS payments platform Easebuzz has released its financial numbers for FY24. The annual Gross Transaction Value (GTV) processed by the platform during the year crossed a record Rs 1,00,000 Crore, a 48 per cent growth rate compared to F
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 outlook for residential real estate will be strong in the financial year (FY25), as the domestic residential market performed exceptionally well in FY24, said JM Financial in its estimate.
In terms of transaction value, the market is expected to nearly double during this period, expanding from INR 265 trillion to Rs 593 trillion by FY 2028-29.
At the event, Postmaster General Krishna Kumar Yadav, alongside IPPB's Independent Director Jayshree Vrajlal Doshi, IPPB's AGM Dr Rajeev Awasthi, Chief Manager Kapil Mantri, and Chief Postmaster Ritul Gandhi inaugurated the celebrations by cutting a cake.
The demand for residential properties in Bengaluru has consistently outpaced supply, resulting in an 8.3 per cent reduction in unsold inventory, which stood at 75.1 msf by the end of FY24. Residential property prices in the city have grown at a compound annual growth rate (CAGR) of approxima
Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said in a report on Friday.
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda.
Bengaluru (Karnataka) [India], August 14: TVS Credit Services Limited, one of India's leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs 26,351 Crore as of Jun'24, an increase of Rs 4,427 C
New Delhi [India], August 13: Piccadily Agro Industries Limited (PAIL), the largest independent manufacturer of malt spirits in India and makers of the award-winning Indri single malt and Camikara (India's 1st pure cane juice rum) today announced its Q1 FY24-25 results, driven by a substa
Mumbai (Maharashtra) [India], August 12: SBI General Insurance, one of India's leading General Insurance companies, has reported a robust growth of 32% in the first quarter of FY 24-25, resulting in a Gross Direct Premium (GDP) of INR 2,603 crore. This growth rate significantly outperform