Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."
New Delhi [India], October 9: PVR-INOX, the largest and most premium film exhibitor in India (with 1,750 screens across 357 properties in 111 cities in India and Sri Lanka, with an aggregate seating capacity of over 357,000 seats), continues its aggressive stance in the cinema advertising sp
India's real estate sector is expected to witness sequential moderation in the second quarter of FY25, driven primarily by lack of big launches from major real estate companies, according to a report by Motilal Oswal.
India's road awarding projects are set to gain strong momentum in FY25, with a significant increase expected in the number of projects being awarded, highlighted a report by Axis Securities.
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.
It has achieved significant growth in its loan disbursements for the half-year ended September 30. In Q2 FY24-25, REC disbursed Rs47,303 crore in loans, representing a 13.71 per cent YoY increase compared to Rs41,598 crore in Q2 FY23-24.
Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companies is expected in the coming months says a report by Centrum.
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.
The Ministry of Corporate Affairs (MCA) has observed a total of 22.98 lakh DIR-3 KYC (Know Your Customer) forms submitted as of September 2024, the MCA said in s statement.
Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the previous year, said rating agency ICRA in a report.
India produced 274 million metric tonnes (MMT) of iron ore. According to provisional data, iron ore accounts for approximately 70 per cent of the total mineral production by value under the Mineral Conservation and Development Rules (MCDR).