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.
Net claims of non-residents on India refers to the difference between the assets and liabilities held by non-residents in India. As per reports, it indicates the overall financial position or exposure that entities/individuals outside India have in terms of claims (assets) on the country.
India's Balance of Payments (BoP) saw a significant improvement in the second quarter driven by strong inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and Non-Resident Indian (NRI) deposits, according to a report by Bank of Baroda.
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).
West Bengal and Manipur shrugged off their rivals in contrasting styles to enter the semi-finals of the 78th National Football Championship for the Santosh Trophy at the Deccan Arena on Thursday.
The Bank of Israel reported that in the third quarter of 2024, the balance of the public's financial assets portfolio increased by approximately 221.7 billion Shekels (USD 61 billion) - 3.9 per cent - to about 6 trillion Shekels (USD 1.63 trillion).
High frequency indicators for the third quarter of 2024- 25 (October-December) indicate that the Indian economy is recovering from the slowdown in momentum witnessed in July-September, driven by strong festival activity and a sustained upswing in rural demand, Reserve Bank of India (RBI) sa
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.
Pune (Maharashtra) [India], December 24: As we step into the fourth quarter of the financial year, tax planning takes centre stage for many investors. However, people often view tax saving and wealth growth as two separate investment buckets.
India's forest and tree cover now account for 25.17 per cent of its total geographical area, as per the latest India State of Forest Report. The country has added 1,445 sq km of green cover since the last report, with forest cover at 21.76 per cent and tree cover at 3.41 per cent. This incre
Ahmedabad (Gujarat) [India], December 21: Latteys Industries Limited, an NSE-listed leader in energy-efficient solar submersible pumps, has announced remarkable financial results for the Quarter and Half Year ending September 2024.