Search For "fy25"
SBI to raise USD 3 billion through debt in the current fiscal year FY25
Updated : 1 year, 9 months ago IST
India's largest public sector bank, State Bank of India, said through an exchange filing that its board has approved raising up to USD 3 billion via debt in the current financial year. In the exchange filing, the state-run lender says
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Upward GDP projection and no change in interest rates welcomed by industry
Updated : 1 year, 9 months ago IST
Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
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RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 9 months ago IST
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
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Growth momentum to continue in FY25, Agriculture growth likely to be bette
Updated : 1 year, 9 months ago IST
They said that with IMD predicting a good monsoon, the agriculture sector growth is expected to be better in the current financial year. The manufacturing sector is also expected to continue its growth momentum. Before 2020, companies had balance sheet issues and the growth was stagnant. Now
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Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 10 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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Wearables devices price drops by up to 17.8 pc; offline sales grow by 37.9
Updated : 1 year, 10 months ago IST
Excess inventory in the online channel and fewer new launches were some of the primary reasons behind the decline in prices, the report noted.
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Despite Geo political challenges Indian exports to grow in FY25
Updated : 1 year, 10 months ago IST
India's trade deficit faces limited near-term challenges from ongoing geopolitical uncertainties, though it remains an important area to monitor, says a recent outlook report by Crisil on India's trade deficit.
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Household spending may remain low but rural and luxury spending will impro
Updated : 1 year, 10 months ago IST
The report highlights that the growth in what households spend on goods and services is predicted to be quite small, only around 4-5 per cent more than the previous year. This is way less compared to the strong 6.5-7 per cent increase we saw each year from 2011 to 2020.
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RBI likely to transfer Rs 1 trillion to government in FY25
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
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Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-privat
Updated : 1 year, 10 months ago IST
The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
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For sunflower oil refiners, volume to dip by 8-10 pc but operating margin
Updated : 1 year, 10 months ago IST
Indian refined sunflower oil volumes are projected to witness a decline of 8-10 per cent in FY25 amid decline in demand of sunflower oil.
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