Search For "gross"
CRISIL forecasts India's GDP growth at 6.8 pc in fiscal 2025
Updated : 1 year, 11 months ago IST
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
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GeM surpasses Rs 8.88 lakh cr in record Gross Merchandise Volume
Updated : 1 year, 11 months ago IST
In a robust start to the financial year 2024-25, GeM has recorded a GMV of Rs 91,749 crore in just the first two months, setting the stage for another year.
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HDFC Life sees 100 bps hit on margins from higher surrender value
Updated : 1 year, 11 months ago IST
HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM) after the insurance regulator IRDAI recently maintained surrender value on early exits by policyholders.
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"Grossly incorrect": BJP's first Lok Sabha MP from Kerala Suresh Gopi on q
Updated : 1 year, 11 months ago IST
Actor-politician Suresh Gopi has said that the reports about his resignation from the Council of Ministers of the Modi Government are "grossly incorrect."
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 11 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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RBI enhances contingent reserve buffer to 6.5 pc amid positive economic ou
Updated : 1 year, 11 months ago IST
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
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Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 11 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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Puravankara Limited subsidiary acquires 12.75-acre land parcel in Thane, w
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], June 3: Puravankara Limited (BSE: 532891), one of India's most trusted and admired real estate developers, has announced the acquisition of 12.75 acres of land in Patlipada on Ghodbunder Road, Thane, by its wholly-owned subsidiary company, Purva Oak Private Limi
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Poonawalla Fincorp Achieves Significant Milestone of GNPA Below 1 per cent
Updated : 1 year, 11 months ago IST
Pune (Maharashtra) [India], June 3: Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, has achieved a significant milestone of Gross NPA below 1 per cent and Net NPA below 0.5 per cent as on 31st May 2024. It continued to regis
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India's GDP surpasses estimates, grows at 8.2 pc in FY24 and 7.8 pc in Q4
Updated : 1 year, 12 months ago IST
India's gross domestic product (GDP) surpassed all expectations and stood at 7.8 per cent in the January-March quarter. The full-year 2023-24 GDP has been revised upwards to 8.2 per cent from the second advance estimate of 7.6 per cent, according to data released on Friday by the Ministry
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Share of unorganised sector in India's gross output declines to 33.0 pc in
Updated : 1 year, 12 months ago IST
The unorganised sector, which encompasses the household sector and private unincorporated enterprises, has historically played a substantial role in India's economic framework.
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IDFC FIRST Bank to Raise Rs 3,200 cr Via Preferential Issue
Updated : 1 year, 12 months ago IST
Mumbai (Maharashtra) [India], May 31: IDFC FIRST Bank has laid a robust foundation with a strong and profitable business model. The Bank is seeing strong traction in raising deposits with customer deposits growing by 42% in FY24 over FY23. The Bank also sees significant upcoming opportunitie
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