Tag: Asia

FICCI Revises India's GDP Growth Forecast to 6.4% and Inflation to 4.8%NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI) has revised its GDP growth forecast for India to 6.4...

Government Capex Growth Predicted to Slow Down in FY26: Goldman Sachs ReportMUMBAI: In a recent analysis by foreign brokerage firm Goldman Sachs, it has been predicted that the growth of government capital expenditure (capex)...

HCL Technologies Reports 5.5% Increase in Q3 Profit and 5% Growth in RevenueIn a significant financial update, HCL Technologies, a leading IT company, announced a 5.54% rise in consolidated net profit for the December...

India Exceeds Renewable Energy Capacity Goals with 30 GW Addition in 2024In a groundbreaking development, India has surpassed all expectations by achieving a remarkable 30 GW addition to its renewable energy capacity in 2024....

India's GDP Growth Slows to 6.4% in FY25: NSO EstimatesIndia's economic growth is set to decelerate in the financial year 2024-25, with the National Statistics Office (NSO) projecting a slower GDP growth rate of...

Indian Banks Set to Achieve 12.5% Credit Growth in 2024-25: HSBCIndian banks are poised for a credit growth of 12.5 per cent in the upcoming financial year 2025, based on a recent report by...

Impact of Post-Festival Slowdown on Q3 Growth: EconomistsMumbai: Economists are warning of a potential slowdown in growth for the third quarter following a post-festival moderation, based on recent economic reports. The initial spike in...

Unified Payments Interface (UPI) Transactions Reach Record 16.73 Billion in December: NPCI ReportIn a groundbreaking development, the National Payments Corporation of India (NPCI) has reported a significant surge in Unified Payments Interface (UPI) transactions...

Honda Cars India Ltd (HCIL) experienced a significant 20% increase in total sales in 2024, selling 1,31,871 units compared to 1,10,143 units the previous year. However, the domestic sales took a hit, dropping by...

India's Current Account Deficit Estimated at 1% of GDP by 2025: CRISIL ReportIndia's financial landscape is set to experience a significant shift in the coming years, with the current account deficit (CAD) projected to...