Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2.5) and the highest monthly data usage (20 GB) in the world.
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
A decline in exports in sugar season 2023 (October 2022 to September 2023) coupled with a 3 per cent increase in the fair and remunerative price of sugarcane will impact the profitability of sugar mills this financial year.
Countries such as China, Bangladesh, Vietnam, Germany, Italy, Turkey, Spain and India dominate the export market, with China accounting for a lion's share of 33 per cent of the total exports backed by high labour productivity along with economies of scale.
Recently, other top brokerage firms such as JP Morgan, Morgan Stanley, Goldman Sachs, Dolat Analysis and Research Themes, and CITI extended their confidence in Paytm's strong performance with 'Buy' ratings.
Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure in the second quarter.
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
A recovery in medium and heavy commercial vehicle (MHCV) from multi-year lows, along with sustained growth in light CV (LCV) categories, will help overall CV volume reach close to one million units by the financial year 2023-2024 (FY24) - the level of the last cyclical peak recorded in the f
In this report, CareEdge Ratings has analysed the imminent shift in the mode of freight movements from roadways to railways and the underlying factors facilitating the transition. A dedicated freight corridor will boost the modal shift from road to rail, the rating agency reported.
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.