New Delhi, Jan 13 (IANS) India’s gross domestic product (GDP) growth is likely to improve to 6.7 per cent next fiscal (FY26), a Crisil Intelligence report said on Monday, adding that a sustained decline in food inflation, coupled with soft non-food inflation should create room for a rate cut in the coming months.
New Delhi, Jan 13 (IANS) India’s retail inflation rate, based on the Consumer Price Index, fell to a 4-month low of 5.22 per cent in December as prices of vegetables, pulses and sugar eased during the month bringing respite to household budgets, according to figures released by the Ministry of Statistics on Monday.
New Delhi, Jan 13 (IANS) India is poised to redefine its role in global trade, with a projected compound annual growth rate (CAGR) of 6.4 per cent in trade over the next decade, roughly in line with its high GDP growth, according to a report on Monday.
Mumbai, Jan 13 (IANS) The credit metrics of rated Indian corporates are expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins, despite high capex intensity, according to the latest Fitch report.
Mumbai, Jan 13 (IANS) Indian stock market fell more than 1 per cent on Monday amid mixed global and local cues, including strong US employment data suggesting fewer rate cuts in 2025.
New Delhi, Jan 13 (IANS) Flexible co-working space provider WeWork India suffered a loss of about Rs 130.8 crore in FY24, down from Rs 144.5 crore in FY23.
Los Angeles, Jan 13 (IANS) The devastating wildfires in Los Angeles have wiped out tens of thousands of homes and businesses, which could inflict a 150 billion US dollars wound as reported by local media Accuweather. The rising risk of wildfires and related costs are adding to a crisis in California's insurance market.
New Delhi, Jan 13 (IANS) Amid sustained demand for spacious homes with state-of-the-art amenities, the National Capital Region (NCR) saw properties priced Rs 1 crore and above accounting for 80 per cent of the total residential units sold in 2024, a report showed on Monday.
New Delhi, Jan 13 (IANS) India's total renewable energy installed capacity recorded a robust double-digit growth of 15.84 per cent to touch 209.44 GW, as of December 2024, from 180.80 GW in December 2023, according to a statement issued by the Union Ministry of New and Renewable Energy (MNRE) on Monday.
New Delhi, Jan 13 (IANS) IPO-bound B2B seafood marketplace Captain Fresh suffered a loss of Rs 229 crore in FY24, from Rs 295.8 crore in FY23, reducing losses by 22.4 per cent.
