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Leading Pakistan economists doubtful over country's 3.94 pc GDP rate
Updated : 5 years, 1 month ago IST
Lahore [Pakistan], May 29 (ANI): Pakistan's leading economists have expressed their doubts over the provisional estimate of 3.94 per cent GDP growth rate in the country and said it negates Imran Khan-led government's own estimate of 2.9 pc GDP growth approved by the federal cabinet last mont
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Bicycle demand growth pedalling to decadal high of 20 pc: Crisil
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): India's bicycle industry is pedalling to a decadal-high demand growth of 20 per cent this fiscal with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal, according to Crisil Ratings.
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73 pc of credit managers likely to change lending strategies post pandemic
Updated : 5 years, 1 month ago IST
New Delhi [India], May 29 (ANI): Nearly 73 per cent of credit managers are expected to change their lending strategies, especially for the unsecured portfolio, in order to manage asset quality and mitigate emerging risks in the portfolio, according to a recent PwC Equifax survey.
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Bank credit growth slows to 5.6 pc in March: RBI
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Bank credit growth slowed down to 5.6 per cent from 6.4 per cent a year ago, according to data published by the Reserve Bank of India (RBI).
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Toll collection on national highways to fall by 25-30 pc: ICRA
Updated : 5 years, 1 month ago IST
New Delhi [India], May 29 (ANI): Toll collection on national highways is likely to fall by 25 to 30 per cent in May over last month as a fall out of the lockdown and restrictions imposed by several states to contain the spread of coronavirus, according to rating agency ICRA.
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PSL 6: T20 stalwarts eager to prove their worth in tournament
Updated : 5 years, 1 month ago IST
Abu Dhabi [UAE], May 28 (ANI): Quetta Gladiators all-rounder Andre Russell has "no doubts" that his team will turn the tide in the Pakistan Super League (PSL) season six.
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Allotting 80 pc minority scholarships to Muslim community cannot be legall
Updated : 5 years, 1 month ago IST
Kochi (Kerala) [India], May 28 (ANI): The Kerala High Court on Friday held that action of the state government in sub classifying the minorities by providing merit-cum-means scholarship at 80 per cent to the Muslim community and 20 per cent to the Latin Catholic Christians and converted C
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Aditya Birla Fashion posts 51 pc growth in Q4 EBITDA at Rs 253 crore
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday reported earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 253 crore in Q4 FY21 against Rs 167 crore in Q4 FY20.
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Max Healthcare Q4 PAT jumps 141 pc to Rs 109 crore
Updated : 5 years, 1 month ago IST
New Delhi [India], May 28 (ANI): Max Healthcare Institute Ltd (MHIL) on Friday reported 141 per cent growth in the profit after tax of Rs 109 crore in the January to March quarter from Rs 45 crore in the same period of previous fiscal.
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Kerala's GSDP expected to witness 13.1 pc growth in next 5 yrs, says Gover
Updated : 5 years, 1 month ago IST
Thiruvananthapuram (Kerala) [India], May 28 (ANI): Highlighting the state's economy has been hit hard by the COVID-19, Kerala Governor Arif Mohammad Khan on Friday said that State's Gross State Domestic Product (GSDP) is expected to grow at 13.1 percent in the next five years.
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Capri Global Capital PAT rises 10 pc to Rs 177 crore
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Non-banking finance company Capri Global Capital Ltd (CGCL) has reported 10 per cent hike in its profit after tax to Rs 177 crore in the financial year ended March (FY21) from Rs 161 crore in FY20.
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India reports 1,86,364 fresh COVID-19 cases in last 24 hrs, positivity rat
Updated : 5 years, 1 month ago IST
New Delhi [India], May 28 (ANI): The Ministry of Health and Family Welfare (MoHFW) on Friday informed that as many as 1,86,364 fresh COVID-19 cases have been reported in India in the last 24 hours, which is the lowest daily new cases reported in the last 44 days.
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