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New Delhi [India], June 26 (ANI): The sales growth of listed private non-financial companies in India improved to 7.2 per cent in 2024-25, from a low of 4.7 per cent during the previous year, Reserve Bank of India (RBI) data showed on Thursday. The RBI released data on the performance of the private corporate sector during 2024-25 drawn from abridged financial results of 3,902 listed non-government non-financial (NGNF) companies. The sales of manufacturing sector companies rose by 6.0 per cent ...Read More >
Mumbai, Jun 26 (PTI) Sales of listed manufacturing sector companies rose by 6 per cent during 2024-25 as compared to 3.5 per cent growth in the preceding year, mainly led by automobiles, electrical machinery, food and beverages, and pharmaceuticals industries, according to RBI data. On the other hand, among the major industries, petroleum and iron & steel sectors recorded a contraction in their sales during 2024-25, it said. On Thursday, the Reserve Bank released data on the performance of the ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. 'With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and thats what has happen ...Read More >
New Delhi [India], June 5 (ANI): Silver prices on Thursday, crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopoltical tension and robust industrial demand. Also Read | World Environment Day 2025: Essential Tips and Beginner's Guide To Embrace Sustainable Travel for a Greener, Cleaner, and More Responsible Planet. "With the trust in dollar decreasing silver appears to be a good avenue for money to m ...Read More >
NEW DELHI: India is well positioned to deal with the negative effects of US tariffs and global trade disruptions due to its large domestic economy and low dependence on exports, Rating agency Moody's has said in a recent report. It says that government initiatives to boost private consumption, expand manufacturing capacity and increase infrastructure spending will help offset the weakening outlook for global demand. It says that India's limited reliance on the trade of goods and its robust serv ...Read More >
New Delhi [India], May 19 (ANI): Indian economy is expected to grow at 6.9 per cent in the January-March quarter 2025, the official data for which is scheduled to be released on May 30 by the National Statistics Office, according to rating agency ICRA. ICRA has projected the year-on-year expansion of the GDP to rise to 6.9 per cent in Q4 2024-25 from 6.2 per cent in Q3 2024-25, while significantly undershooting the National Statistical Office's (NSO) implicit estimate of 7.6 per cent for the qu ...Read More >
Hyderabad: Telangana Chief Minister A. Revanth Reddy has unveiled an ambitious plan to develop a "Future City" in Hyderabad, positioning it to compete with major global cities like New York, London, Tokyo, Seoul, and Dubai. The announcement was made during the inauguration of the CII National Council meeting at the CII Green Business Centre in Hitech City on Friday. In his address, the Chief Minister highlighted Telangana's progress since its formation, expressing optimism about the state's fu ...Read More >
Hyderabad, Jan 10 (UNI) Telangana Chief Minister A Revanth Reddy unveiled an ambitious plan to develop a "Future City" in Hyderabad, positioning it to compete with renowned global cities such as New York, London, Tokyo, Seoul, and Dubai. The announcement was made during the inauguration of the CII National Council meeting at the CII Green Business Centre in Hitech City on Friday. During his address, the Chief Minister highlighted Telangana's progress over the past decade since its formation, e ...Read More >
New Delhi, Dec. 17: India's exports in November contracted by 4.85 per cent year-on-year to USD 32.11 billion, and trade deficit widened to an all-time high of USD 37.84 billion due to record surge in gold points. This development follows after India recorded double-digit growth in exports in October. According to the commerce ministry data, imports rose by 27 per cent year-on-year to a record USD 69.95 billion in November due to high inbound shipments of vegetable oil, fertiliser, and silver. ...Read More >
New Delhi [India], December 15 (ANI): CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year. For the next financial year, 2025-26, it pegged India's GDP growth at 6.7 per cent, in a webinar held on Economic and Sector Outlook for 2025. Despite global uncertainties, CareEdge Ratings asserted that India will continue to hold steady in 2025. The R ...Read More >
The Indian economy is set for resilient growth in 2025 on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its 'India Outlook for 2025' note. For the current financial year, the global ratings agency has retained its growth projection at 6.8%, and for FY26, it has projected growth to rise to 6.9%. S&P Global's FY25 growth forecast is 20 basis points (bps) higher than the Reserve Bank of India's (RBI) pro ...Read More >
This was a significant drop from the 6.7 per cent growth recorded in the previous quarter and fell short of Morgan Stanley's forecast of 6.3 per cent and the consensus estimate of 6.5 per cent. The slowdown was evident in both private consumption and capital expenditure (capex), although private consumption outpaced capex, growing by 6 per cent compared to 5.4 per cent. On the other hand, the services sector demonstrated resilience, growing at 7.1 per cent, while the industry sector lagged at ...Read More >
London stocks were set to kick off the final month of the year steady, as investors mulled a jump in UK house prices and encouraging Chinese manufacturing data. There was nothing of note out on the corporate front, but data from Nationwide showed that house prices rose 3.7% on the year in November, up from 2.4% the month before. This marked the fastest annual growth since November 2022. On the month, they were up 1.2%, having risen just 0.1% in October. This was the largest monthly gain since ...Read More >
The history of reform episodes, recently reviewed by the IMF, shows that the pace of reform efforts has more than halved since the global financial crisis of 2008-09 It is pertinent that structural reforms come into focus following economic crises, be they local or global. It is no different this time. With a series of crises in the backdrop, starting with a pandemic, then war and sanctions, more armed conflicts, and much else that continue, structural reforms have become critical for enhancing ...Read More >
Sir Speedy, PIP, and Signal Graphics continue to see growth and demand for printing services. Print supports many small businesses nationwide, which rely on fast, affordable marketing, sales, and training materials to promote and operate their businesses. MISSION VIEJO, Calif., Nov. 18, 2024 /PRNewswire-PRWeb/ -- Sir Speedy, PIP, and Signal Graphics -- nationally known brands in the printing, signs, and marketing services sector -- continue to see growth and demand for printing services. Prin ...Read More >
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