Mumbai, May 21 (IANS) Haryana-based distillery Piccadily Agro Industries, maker of the 'Indri' single-malt whiskey, on Wednesday reported a 7.49 year-on-year (YoY) decline in its net profit to Rs 39.80 crore in Q4 FY25, compared to Rs 43.02 crore in the same period last fiscal (Q4 FY24).
New Delhi, May 21 (IANS) EV penetration in India has improved with new model launches over the last six months, and new model launches and government incentives will drive hybrid penetration growth in the near term, an HSBC report said on Wednesday.
Mumbai, May 21 (IANS) Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping to Rs 498 crore from Rs 503 crore in the previous quarter (Q3 FY25).
New Delhi, May 21 (IANS) The Employees' Provident Fund Organisation (EPFO) added 14.58 lakh net members in the month of March, and increase of 1.15 per cent in net payroll additions compared to March 2024, it was announced on Wednesday.
New Delhi, May 21 (IANS) India is in a stronger position than other countries to withstand global trade disruptions, in the wake of the US tariff turmoil, due to the large size of its domestic market and the country’s low dependence on goods exports, according to a Moody’s report released on Wednesday.
Mumbai, May 21 (IANS) Global investment bank Morgan Stanley has raised its Sensex target to 89,000 by June 2026, signalling an 8 per cent upside from current levels.
New Delhi, May 21 (IANS) Taiwanese tech giant Foxconn is investing another $1.5 billion to expand its operations in India, as the key supplier for Apple's iPhones is looking to set up supply chains outside China.
New Delhi, May 21 (IANS) The Centre’s production linked incentive (PLI) scheme for the food processing sector has succeeded in attracting investments to the tune of Rs 7,000 crore and creating over 2.5 lakh jobs so far, according to a senior official of the Union Ministry of Food Processing Industries (MoFPI).
New Delhi, May 21 (IANS) Global financial services major Morgan Stanley on Wednesday upgraded its GDP growth forecast for India at 6.2 per cent in FY26 and 6.5 per cent for FY27, saying that domestic demand trends will be the key driver of the country's growth momentum amid lingering uncertainty on the external front.
New Delhi, May 21 (IANS) Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday.
