Hiring, salary hike hardly kept up with surging profits of Indian companies: Economic Survey
Private sector has to receive the baton from public sector and sustain the investment momentum in the economy, says Economic Survey
Private sector has to receive the baton from public sector and sustain the investment momentum in the economy, says Economic Survey
The combined profit of listed public and private sector banks surged 39% to ₹3.1 lakh crore in FY24, compared with ₹2.2 lakh crore in FY23.
About 83% of Indian mid-market companies foresee an increase in profitability over the next 12 months, shows survey
Dividends from public sector enterprises and other investments have been pegged at ₹43,000 crore
India's robust economic growth will boost demand at corporates, despite weakness from slowing growth in key overseas markets, says Fitch
Asset risks for Chinese banks will increase from the country's economic slowdown, says Moody's.
The IT major expects its IT services revenue growth in the December quarter at -3.5% to -1.5%.
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
Revenue of the pharma company rose 15% year-on-year to ₹5,437 crore in the fourth quarter.