Search For "year on year"
Domestic demand for steel soars in India, country turns net importer in fi
Updated : 1 year, 11 months ago IST
India's imports of finished steel reached 8.3 MT in fiscal 2024, marking a substantial 38 per cent increase year-on-year. The primary contributors to this surge in imports were China, South Korea, Japan, and Vietnam. Chinese steel imports alone accounted for 2.7 MT, while South Korea and Jap
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CBUAE's gold reserves see 12.6 per cent YoY growth by end of March 2024
Updated : 1 year, 11 months ago IST
The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED19.615 billion by the end of March 2024, marking a year-on-year (YoY) growth of 12.6 percent from AED17.41 billion in March 2023.
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UAE's banking sector liquid assets stand at AED786.6 billion in Q1-24
Updated : 1 year, 11 months ago IST
The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2 per cent, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.
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Corporates hail India's export surge: May exports up by 10.25 pc YoY
Updated : 1 year, 11 months ago IST
India's overall exports for May 2024, encompassing both merchandise and services, surged to USD 68.29 billion, reflecting a substantial year-on-year increase of 10.2 per cent, according to data released by the Commerce Ministry on Friday.
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Infobip's New Research Reveals a 43.51 per cent Rise in WhatsApp Usage in
Updated : 1 year, 11 months ago IST
New Delhi [India], June 11: In its comprehensive global messaging trends report, Infobip, a leading global cloud communications platform, revealed a significant 43.51% year-on-year increase in WhatsApp messaging in India throughout 2023. From an extensive analysis of more than 473 billion di
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JSW Steel production declines in May due to maintenance shutdown
Updated : 1 year, 11 months ago IST
The crude steel production was lower year-on-year mainly due to a planned maintenance shutdown for one of the Blast Furnaces at Dolvi, the company said. The Blast Furnace has been restarted in the first week of June.
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GST collection at Rs 1.73 lakh cr, falls in May compared to April but up 1
Updated : 1 year, 11 months ago IST
The GST collection in May registered a 10 per cent year-on-year growth, driven by a strong increase in domestic transactions (up 15.3 per cent) and a decrease in imports (down 4.3 per cent).
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India's power sector anticipates healthy growth in FY2025: Demand to remai
Updated : 1 year, 11 months ago IST
According to ICRA report, the year 2024 witnessed a significant upturn in electricity demand, marked by a 7.6 per cent increase on a year-on-year basis, fueled by a resilient economic activity and weather-related loads. This trend persisted into the initial months of FY2025, with demand surg
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EaseMyTrip achieves EBITDA of Rs 2.28 bn, propelling growth with 32 per ce
Updated : 1 year, 12 months ago IST
This achievement marks a substantial 19 per cent year-on-year (Y-o-Y) growth. The company also disclosed a consolidated revenue from operations of Rs 5,906 million for the same period, reflecting 32 per cent increase compared to the previous fiscal year.
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Singapore Holds 2024 GDP Growth Forecast at 1-3pc; Q1 Economy Expands by 2
Updated : 2 years ago IST
Earlier, in the Reuters poll, several economists anticipated the growth to be around 2.5 per cent. But the final numbers have exceeded the projections. The economy grew 4.1 percent year-on-year in the third quarter of 2022.
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Maxposure Limited Reports Strong FY24 Results
Updated : 2 years ago IST
New Delhi [India], May 20: Maxposure Limited, a pioneering force in the new-age media and entertainment sector with a distinct focus on the aviation market, has announced its financial results for the fiscal year 2024, showcasing strong growth. The company's annual performance highlights
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UAE: Agthia Group reports 32 pc net profit growth in Q1-24
Updated : 2 years ago IST
Agthia Group PJSC ("Agthia" or "the Group"), today said that its net profit grew 32 per cent year-on-year to AED127.6 million. The Group net profit margin expanded by 63bps to stand at 8.8 per cent, notwithstanding FX headwinds and the introduction of income tax in the UAE.
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