The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday.
Mumbai (Maharashtra) [India], March 11: ASSOCHAM along with Dun & Bradstreet, a leading global provider of business decisioning data and analytics, has released its Small Business Confidence Index for Q1 2025 which tracks the optimism of small and medium enterprises in India. The first q
As per ARY News report on Saturday, Health Department officials, including the Secretary Health, DG Health, and Additional Health Secretary, submitted a false report to the court, claiming Liaquat Ali Shah's demise. A death certificate was also provided to mislead the court.
Ashish Gupta, Brand Director of Volkswagen India, confirmed the much-anticipated launches, stating, "We are bringing two global iconic products. The first is the Golf GTI, which is coming to India for the first time. It is not just any Golf--it is the GTI, an absolute icon that excites en
Key hospitality players are expected to witness 12-14 per cent year-on-year (YoY) growth in Revenue Per Available Room (RevPAR), similar to Q3FY25. This growth is primarily attributed to an 11-13 per cent increase in Average Room Rate (ARR) and higher occupancy levels.
Indian Railways (IR) latest data indicates a sluggish growth trend in container volumes, raising concerns over the performance of container train operators (CTOs) in Q4FY25, according to a report by Nuvama.
India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum.
The megaevent of Maha-Kumbh will provide a boost to consumption demand in the fourth quarter of the financial year 2025, benefiting sectors such as trade, hospitality, and transport, said a report by CareEdge.
India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.
"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.
During a briefing on the Q3 GDP numbers, Nageswaran expressed optimism about India's medium-term economic prospects. He cited strong rural demand, recovering urban consumption, robust kharif production, and better rabi sowing as positive indicators for output growth.
The near-term global economic outlook is influenced by trade policies of major economies amid a slowing disinflation, said Chief Economic Adviser Anantha Nageswaran said on Friday, soon after the GDP figures for October-December was released.