FY24

Representational file image. | Photo Credit: Vijay Soneji India's export of cut and polished diamonds is projected to decline by 22% to $17.2 billion in the current fiscal due to weakened demand from the key consuming nations, according to…

Amid worsening economic activity in the July-September quarter (Q2), the finance ministry has allayed fears by keeping unchanged its estimate for the country’s real gross domestic product (GDP) growth in 2023-24 (FY24)…

Tyre maker Ceat Ltd has lined up a capex of around Rs 750 crore for the ongoing fiscal, mostly to be deployed in increasing production capacity of agri-radial tyres at its Ambernath plant in Maharashtra, according to the company MD…

The International Monetary Fund (IMF) on Tuesday raised the FY24 growth forecast for India by 20 basis points to 6.1 per cent, citing the country’s stronger-than-expected growth momentum in the March quarter of FY23. “Growth…

A challenging macro environment and delay in deal closures made IT major Infosys drastically lower its FY24 revenue growth guidance to 1-3.5 per cent in constant currency from 4-7 per cent it had guided in the previous quarter.…

ICRA has revised upward the growth outlook for the current financial year for the retail loans of Non-Bank Financial Companies (NBFC-Retail) and Housing Finance Companies (HFC-Retail), which account for the bulk of the overall sector. The…

India's gems and jewellery exports are likely to decline by 10 to 15% in the current financial year on account of slowing demand in key markets like the U.S. and China, GJEPC Chairman Vipul Shah has said. The gems and jewellery exports grew…

The share of foreign PE money had a dominant share (94 per cent) in Q1 FY24, up from 90 per cent in April-June 2022 (Q1 FY23). Private equity (PE) investments in Indian real estate declined five per cent year on year (YoY) to $ 1.9…

Sula Vineyards Ltd, the country's largest wine producer, has recorded a strong double-digit sales growth in the June quarter. Its estimated net revenues year-on-year were up 17 per cent in the April-June period, said a sales…

Titan Company recorded revenue growth of 20 per cent YoY for Q1 FY24 with all key consumer businesses exhibiting double digit growth in the quarter, it said in its pre quarterly update.  It added a total of 68 stores…