The anticipated increase is attributed to several factors including higher growth prospects in emerging markets compared to developed markets and the potential for US Federal Reserve rate cuts later in the year.
Jaipur (Rajasthan) [India], February 6: Dynamic Cables Limited (DCL), a Jaipur based leading power cable manufacturer reported sales of Rs 192.3 Crs for Q3 FY24, growth of 25 per cent over Q2FY23. Company reported an EBITDA of Rs 18.0 Crs and PAT of Rs 7.5 Crs during the quarter, up 34.8 per
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
Going ahead into this week, investors will keep track of the three-day RBI monetary policy meeting that starts today. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicat
Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the IMF's Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been
The International Monetary Fund (IMF) on Tuesday lowered Pakistan's economic growth forecast to two per cent for the current fiscal year, down 0.5 percentage points from its October estimate of 2.5 per cent, Dawn newspaper reported.
The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that starts this April, said the Ministry of Finance in its monthly review report.
According to S&P Global Commodity Insights (GCI), the clouded market outlook is expected to result in reduced procurement activity for spot volumes, despite significantly lower prices.
As per Fitch Ratings, the cumulative net downgrades have reached a record high of 235 since early 2019, underscoring the ongoing challenges faced by businesses in the region.
According to S&P Global Commodity Insights, milder temperatures, especially in Europe and the United States, contributed to a weakened outlook for LNG prices, while attention remained on the situation in the Red Sea, adding an element of uncertainty to market dynamics.
President Droupadi Murmu, in a letter to Prime Minister Narendra Modi on the eve of the Pran Pratishtha ceremony of Ram Lalla in Ayodhya, said that Lord Ram's focus on justice and welfare of the people, too, is reflected in the governance outlook of our country.