According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
The Indian economy grew by 6.7 per cent in real terms in the April-June quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday.
India's textile sector is poised for a significant upswing during the second half of (financial year) FY25, highlighted a report by Systematix Institutional Equities.
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced government spending ahead of the elections, which is likely to dampen growth in some service sectors, financial, real estate, and professional services are expected to have performed well.
Ahead of the official release of the first quarter GDP growth numbers for FY25 on August 30, a report by the Union Bank suggests the GDP rate to be moderated at around 6.7 per cent.
The Pakistan government, awaiting approval of a $7 billion IMF bailout, struggled to secure foreign assistance in July, receiving only $436.4 million--a sharp 85% drop compared to the same period last year. With an ambitious $19.4 billion target for foreign aid in FY25, the government faces
Indian Telecom, ISP & Allied Sector have demonstrated a positive employment sentiment, with 62 per cent of employers planning to increase their workforce for the first half (H1) of the financial year (FY) 2025, a TeamLease Services report said.
Mohali (Punjab) [India], August 26: Pritika Engineering Components Ltd (NSE: PRITIKA), manufacturer of customized components for tractors, commercial vehicles, and construction equipments, supplying OEMs directly or through group companies, has reported its Unaudited Financial Performance of
Mumbai (Maharashtra) [India], August 23: Ducon Infratechnologies Limited (NSE: DUCON, BSE: 534674), is one of the leading Fossil Fuel Clean Technology company, driving India's transition to green energy. The Company reported its Unaudited financials for Q1 FY25.
GST collections in the initial months of FY25 have seen a notable surge, driven by a broader tax base and heightened economic activity. This level shift in GST collections reflects sustained economic engagement, bolstered further by a double-digit increase in e-way bill generation, indicatin
Mumbai (Maharashtra) [India], August 21: Mumbai-based organic products company Canistel has stunned industry observers with its exceptional growth, driven solely by word-of-mouth publicity. In a remarkable feat, the company reported sales of 7 crores in July without resorting to tradition
Mumbai (Maharashtra) [India], August 20: Zodiac Energy Limited (NSE: ZODIAC, BSE: 543416), is one of the leading energy solution providers in India with over three decades of experience in power generation. The Company reported its Unaudited financials for Q1 FY25.