Search For "sector growth"
Cement demand to moderate at 7-8 pc this fiscal from 11 pc between FY22-FY
Updated : 1 year, 5 months ago IST
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
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Lack of new launches in Q2FY25 will dampen growth of major real estate dev
Updated : 1 year, 5 months ago IST
India's real estate sector is expected to witness sequential moderation in the second quarter of FY25, driven primarily by lack of big launches from major real estate companies, according to a report by Motilal Oswal.
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IT companies set for revenue growth of up to 2.5 pc in Q2FY25: Centrum rep
Updated : 1 year, 5 months ago IST
A significant factor bolstering this positive outlook is the reduction in deal leakages compared to FY24, signaling stronger operational momentum for the sector.
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India's services sector growth lowest since November 2023, show PMI data
Updated : 1 year, 5 months ago IST
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
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Indian pharma companies' revenue expected to moderate to 9-11% in FY25 vs
Updated : 1 year, 5 months ago IST
Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the previous year, said rating agency ICRA in a report.
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India's horticulture production declined by 0.65 pc, fruits and spices s
Updated : 1 year, 6 months ago IST
Despite this decrease in overall production, key horticultural sectors, such as fruits, spices, flowers, and medicinal plants, are witnessing notable growth. The Ministry has released the Third Advance Estimates of the area and production of various horticultural crops for the 2023-24 season
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Domestic steel sector to outpace real GDP growth, boosted by urbanisation
Updated : 1 year, 6 months ago IST
The domestic steel sector growth will outpace the country's real GDP growth in the coming years, says a report by AnandRathi.
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India IT sector to see robust double-digit growth between FY24 to FY27: N
Updated : 1 year, 6 months ago IST
The Indian IT sector is poised for strong earnings growth in the coming years, with a projected double-digit Earnings Per Share (EPS) Compound Annual Growth Rate (CAGR) of 17.5 per cent from FY24 to FY27, according to a recent industry analysis report by Nirmal Bang Equities.
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SBL Energy Inaugurates State-of-the-art TNT Plant in Nagpur to Boost Defen
Updated : 1 year, 6 months ago IST
Nagpur (Maharashtra) [India], September 5: SBL Energy Limited, one of the largest mining and industrial explosives manufacturers in India, has inaugurated its TNT manufacturing plant. The TNT plant, set up at the company's 225-acre manufacturing facility at Yenvera in Nagpur, Maharashtra, is
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With 6.7 pc GDP growth in Q1 FY25, SBI says full-year growth should be rev
Updated : 1 year, 6 months ago IST
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
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India's composite PMI output Index for August 2024 stands at 60.5, a littl
Updated : 1 year, 7 months ago IST
India's private sector demonstrated strong output across India for the 37th consecutive month in August, highlighted the latest HSBC Flash India PMI (Purchasing Managers' Index) report.
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NAREDCO Maharashtra to Drive Residential Sector Growth at 'The Real Estate
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 22: The National Real Estate Development Council (NAREDCO), Maharashtra Chapter, is set to host its flagship event, The Real Estate Forum (TREF) 2024 with JLL as their knowledge partner. The forum will take place on August 29, 2024, at Hotel Trident, M
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