By this, 1.15 lac crore liquidity will be infused into the backing system. Governor Das outlined the inflation projections for FY24-25, pegging Consumer Price Index (CPI) inflation at 4.8 per cent. Quarter-wise, inflation is forecasted at 5.7 per cent for Q3 and 4.5 per cent for Q4. For F
Margins for some Indian IT companies are likely to decline in the upcoming third quarter of FY25 due to seasonal and structural factors, according to a report by SBI Securities.
Top seed Priyanshu Rajawat was made to sweat by compatriot Arya Bhivpathki in men's singles second round while the young Tanvi Sharma packed off seventh seed Tanya Hemanth to advance to the women's singles pre-quarters in Guwahati Masters Super 100 badminton tournament here on Wednesday.
Hockey Haryana, Hockey Jharkhand, Hockey Association of Odisha, Uttar Pradesh Hockey, Hockey Mizoram, Delhi Hockey, Hockey Maharashtra and Hockey Madhya Pradesh qualify for the Quarter Final
Urban demand witnessed a contraction in the second quarter of FY25 because of declining incomes in the corporate and government sectors coupled with an increasing tax burden on households, according to a report by Systematix Institutional Equities.
The downgrade comes after the growth slowdown in the quarter ending September 2024. India's GDP growth slowed to 5.4 per cent year-on-year (YoY) in the July-September quarter of 2024, marking its lowest level since March 2023.
"The GDP growth figures released three days back for the quarter July-Sept 2024 revealed a dramatic fall in the GDP growth rate. These depressing results are ultimately a result of the Modi Government's failure to boost private investment in manufacturing," Jairam Ramesh said in a statement.
The demand momentum across major cities appears to be stabilizing, though market expectations remain high for the last quarter of 2024, which is expected to end on a strong note.
India's traditional personal computer shipped a record 4.49 million units in the third quarter of 2024 (3Q24), marking a slight 0.1 per cent year-over-year (YoY) growth, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device T
Singapore contributed the highest Foreign Direct Investment to India in the July-September quarter, with 50 per cent of the inwards investments coming in from the city-sized neighbouring country.
With India logging disappointing growth in the July-September quarter, Crisil now expects GDP growth to slow to 6.8 per cent this financial year 2024-25. Last year, India grew at 8.2 per cent.
Congress has said that the GDP growth figures released last evening for July-Sept 2024 are "much worse than anticipated and the fundamental cause for this is "stagnant wages" for crores of workers.