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FINANCIAL SERVICES GROWTH INDIA
UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s whyGlobal brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in...
‘We’ll be very happy to get it at least a few days before him’: Sunil Bharti Mittal on Musk’s Starlink satellite internet approval in IndiaSunil Bharti Mittal stated that he applied for satellite service approvals in India five years ago. His ground network has been ready for t...
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...
5 years, no returns: Are these 9 Nifty bluechip stocks finally ready for a turnaround?Investors are witnessing notable losses in well-known blue-chip stocks such as TCS, Infosys, and Hindustan Unilever. These major players ar...
Former financial services secretary Nagaraju Maddirala appointed IL&FS CMD for two yearsNagaraju Maddirala, previously a financial services secretary, has been appointed Chairman and Managing Director of IL&FS. His appointment ...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
IMF raises India’s FY27 growth forecast to 7%The International Monetary Fund has increased India's economic growth projections for FY27 and FY28 to 7%. This adjustment reflects resilie...
HCL Tech sees revenue rebound, but AI deflation remains a concernHCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new...
India's Hatsun Agro targets up to 50% revenue growth over next two yearsIndia's Hatsun Agro Product expects revenue to rise as much as 50% over the next two financial years, supported by a wider milk procurement...
India's services demand outlook positive for Q3FY27, margin concerns persist: RBIIndia's services sector is expected to maintain a positive demand outlook in Q3FY27, although business optimism has moderated compared with...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
TCS Q2 profit rises 15% to Rs 13,884 crore as AI revenue doubles; growth remains subduedTCS reported a 15% year-on-year rise in September-quarter net profit to Rs 13,884 crore, while revenue grew 11.2% to Rs 73,188 crore. AI se...
India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
Central Bank of India posts 30% credit growth at Rs 3.81 lakh cr in Q2Central Bank of India reported a significant 30 percent credit growth for the second quarter of this financial year. The total advances rea...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
S&P sees 12-14% credit growth in India despite rural stress risksS&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact...
India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
From 95% imports to Rs 6.27 lakh crore in smartphone output: Jyotiraditya Scindia on India's mobile manufacturing growthIndia's mobile phone manufacturing sector has grown from two companies to 300 over the last 12 years. The country now produces smartphones ...
Ayush services sector supports 1.76 million livelihoods; women constitute 43% of the workforceThe Ayush services sector supports 1.76 million livelihoods in India and has a significant female workforce. Women's participation in organ...