The revenue growth for India's leading IT services companies is expected to remain subdued in the third quarter of FY25 due to the impact of furloughs and cautious client spending, according to a report by JM Financial.
India's current account deficit (CAD) remained largely stable at USD 11.2 billion, or 1.2 per cent of GDP, in the second quarter (Q2) of fiscal 2025, compared with USD 11.3 billion (1.3 per cent of GDP) in the same period last year.
The market share breakup for smartphones sold by Chinese, Indian and global brands have largely remained the same over the last five years. Make in India's efforts to localise production of smartphones to the Indian soil has made no dent in the dominance of Chinese smartphones in the Indi
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
Mumbai (Maharashtra) [India], December 24: Medico Remedies Limited, a trusted name in the pharmaceutical industry, announced robust financial financial performance for the quarter ended September 2024.
The PTI and the government started the negotiation process at the Parliament House in Islamabad with "hopes of a positive outcome" with an aim to ease the country's political tensions.
During the meeting, Ayaz Sadiq welcomed the committee members from both the government and PTI and stressed the importance of negotiations in strengthening democracy.
While presiding over the hearing today, judge Nasir Javed Rana said, "The verdict will not be announced today; [winter] vacations are coming and there is also a course at the high court."
Ahead of the December 23 verdict in the Al-Qadir Trust case involving Imran Khan, Defence Minister Khawaja Asif has again accused the former prime minister of financial corruption linked to the GBP 190 million case, renewing claims that Imran misappropriated funds for personal gain.