Search For "icici"
India's BoP to remain negative for the year, but the magnitude would be lo
Updated : 12 months ago IST
Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
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Core inflation edged higher because of surge in gold prices; food inflatio
Updated : 1 year ago IST
Core inflation edged higher in February, mainly due to a surge in gold prices, but the stabilization of global edible oil prices and expectations of a normal monsoon suggest a favourable food inflation trend in the coming months.
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Manufacturing boost with government support led to hiked IIP growth in Jan
Updated : 1 year ago IST
Out of 23 manufacturing industries, 19 recorded positive momentum, an improvement from 16 in the previous month. Additionally, higher government spending in January provided further support to industrial growth, and the outlook remains favourable for meeting budget targets.
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Quick commerce sector to benefit most from tax rebates as higher disposabl
Updated : 1 year ago IST
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
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MarTech Company AiVANTA Expands to Dubai, Bringing AI-powered Personalized
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 3: AiVANTA, a Mumbai-based MarTech leader in AI-powered, personalized video solutions, has announced its expansion into Dubai, marking a significant milestone in its mission to transform customer engagement through innovative technology. The move aligns wi
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Manufacturing and services sectors set to boost GVA output as profitabilit
Updated : 1 year ago IST
"Taking into consideration the improved profitability, we expect GVA output for both manufacturing and services to pick-up in Q3," ICICI Bank Global Markets report added.
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Consumption, Financial services stocks leads nifty 50 Index amid significa
Updated : 1 year ago IST
The consumption and financial services stocks leading in inclusions in Nifty 50 index over the last seven years, while industrial & capex and defensive sector stocks were the most excluded, highlights a report by ICICI Securities.
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Investments in AI to surge in IT services as enterprises expand deployment
Updated : 1 year ago IST
Leading cloud service providers, or hyperscalers, are witnessing a strong demand for AI-driven solutions, prompting them to maintain high capital expenditure (capex) commitments.
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Siphoning of funds from Indian Himalayan Centre for Adventure and Eco Tour
Updated : 1 year, 1 month ago IST
The Enforcement Directorate (ED) has attached movable and immovable assets valued at Rs 32.57 lakh belonging to Narendra Kumar Chettri and his wife Jayanti Thapa and other individuals in connection with the fraudulent siphoning of funds from the Indian Himalayan Centre for Adventure and E
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Indirect tax to rise by 8.3 pc, corporate tax by 10.4 pc in FY26: Report
Updated : 1 year, 1 month ago IST
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank.
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FOMC to keep rates unchanged, June and December 2025 may see a 25bps cut e
Updated : 1 year, 1 month ago IST
The Federal Open Market Committee (FOMC) of the US Federal Reserve is expected to keep interest rates unchanged in its policy announcement on Wednesday night (IST), according to a report by ICICI Bank.
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Crude prices to stay between USD 75-85 in 1H2025, USD 65-75 in 2H2025: Rep
Updated : 1 year, 1 month ago IST
The international crude price outlook for 2025 will be driven by the prospect of an escalation in the trade war that is expected to depress Chinese demand, as per a report by ICICI Bank. The outlook also hinges on US President Donald Trump's energy policy regime.
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