This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
New Delhi [India], May 31: B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading civil engineering and construction company released its financial performance for the fourth quarter of the fiscal year 2023-24. In Q4FY24, the company achieved consolidated revenue of
Jammu (Jammu and Kashmir) [India], May 30: Prevest DenPro Limited, a leading manufacturer of innovative dental materials, today announced its financial results for the fiscal year 2023-24, showcasing a year of growth and resilience. The company also reported impressive performance in the thi
Mumbai (Maharashtra) [India], May 15: Mumbai based BSE listed company Growington Ventures India Limited (BSE - 539222) promoted by CA Vikram Bajaj aims for a strong growth momentum in the time to come. Company has posted excellent results for the Q3 & Nine months of FY24 ended December 2
New Delhi [India], May 15: India's growth story has amazed economists and financial experts. Top rating agencies of the world have acknowledged that India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India's economy expanded at 7.8 per c
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
New Delhi [India], March 28: According to MordorIntelligence, the commercial real estate industry is expected to reach USD 87.57 billion, growing at a CAGR of 21.1 per cent till 2028. But, with the post-COVID work-from-home culture extending, the net office absorption of commercial spaces re
Prime Minister Narendra Modi has said the robust 8.4 per cent GDP growth in the third quarter of 2023-24 shows the strength of the Indian economy and also its potential and the government will continue its efforts for fast economic growth to create 'Viksit Bharat'
The Indian economy grew 7.8 per cent and 7.6 per cent during the preceding two quarters - April-June and July-September, data released by the Ministry of Statistics and Programme Implementation on Thursday showed.