GROWTH

RBL share tanks 7 per cent on slowing deposit growth 

 The bank said asset quality parameters on the portfolio continue to see improvement in Q1FY23, in line with the improving trend of the past few quarters.

published on : 6th July 2022

India's bank credit growth expected to remain positive; retail loan may do well: CareEdge report

The rating agency said that inflation could, however, offset the growth potential to some extent by curbing the demand for credit.

published on : 5th July 2022

MSMEs can generate more profits from e-commerce: Union MoS Bhanu Pratap Singh Verma

Verma said that MSMEs play an important role in job creation and expansion of manufacturing base in the country, and there is a need to enhance focus on them to achieve a USD 5 trillion economy.

published on : 27th June 2022

Growth can’t be sacrificed in repressing inflation: RBI's monetary policy committee

The panel took solace from the fact that inflation would start coming down from the second half of the financial year.

published on : 23rd June 2022

Wipro merges commercial lighting, seating solutions businesses to create combined unit

Wipro Consumer Care started the Lighting business in 1992. Over the years, the business has grown both in B2B and B2C segments to make Wipro a significant player in the category.

published on : 19th June 2022

The middle class and global companies

The Indian government should create policies that focus on GDP growth with equitable income distribution. India can then attract investments and curb high profile exits.

published on : 13th June 2022

Fitch cuts economic growth forecast to 7.8 per cent; revises India rating outlook to 'Stable' from 'Negative'

"The Outlook revision reflects our view that downside risks to medium-term growth have diminished due to India's rapid economic recovery," it said.

published on : 10th June 2022

Telangana state to form panel for welfare of street vendors

Toy park to be established over 100 acres of land in Yadadri to end China’s monopoly in manufacturing, boost local toy makers’ business

published on : 7th June 2022

FMCG volumes down 4.1 per cent on fall in consumption

Though the double-digit price rise helped India’s FMCG market grow 6% in value in the January-March quarter, it witnessed a contraction in volume terms.

published on : 2nd June 2022

Bank of Maharashtra tops PSU lenders’ chart

It was followed by State Bank of India and Union Bank of India with 10.27 per cent and 9.66 per cent growth, respectively.

published on : 2nd June 2022

India's manufacturing sector growth steadied in May despite high inflation

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) stood at 54.6 in May, little changed from 54.7 in April, pointing to a sustained recovery across the sector.

published on : 1st June 2022

'No sign of promised recovery': Chidambaram lashes out at Modi government

He said this after the country reported an overall GDP growth of 8.7 percent for the year 2021-22, with the last quarter showing a growth rate of 4.1 per cent.

published on : 1st June 2022

Economy crawled in FY22’s last quarter to 4.1 per cent 

No risk of recession, says Chief Economic Advisor V Anantha Nageswaran; hopes private investment would pick up soon

published on : 1st June 2022

India's growth projection being revised, might be lower than earlier forecast: IMF official 

In April, the International Monetary Fund had lowered India's growth projection to 8.2 per cent as compared to 9 per cent estimated in January.

published on : 31st May 2022

‘Inflation, unemployment can lead to demand shock’

Prolonged and accentuated inflationary pressure, rise in unemployment, fall in disposable incomes could lead to a demand shock, FMCG major Hindustan Unilever said on Monday.

published on : 31st May 2022
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