India is growing, in Q3, for which the statistics ministry released the numbers on February 29th, India grew at the rate of 8.4%. Which is more than expected. Economists, who were expecting a contraction due to a decline in government spending, slow growth of industrial output, and an uneven monsoon expressed surprise at the numbers.
1 Mar 2024Wipro stock soared up after its Q3 numbers - from being the top Nifty50 gainer to its shares surging 13% intra day, to hitting a new 52 week high on 15th January, Wipro was buzzing through the day. This despite the fact that their net profit in Q3 declined (YoY), and this was the fourth consecutive quarter of decline. Why did this happen - and why are analysts still in wait and watch mode despite the stock going up? Watch
16 Jan 2024The Indian economy is experiencing a challenging phase due to the impact of the Covid-19 pandemic, trade disruptions, and lower export growth. The Narendra Modi government has set its sights on reviving the country's economic growth trajectory by investing in infrastructure. In this video, we'll explore the government's strategy and examine whether it will be enough to get India's annual growth rate back nearer to 7.5%.
19 Jun 2023India's GDP growth in the fourth quarter of FY23 exceeded expectations, driven by agriculture, net exports, vehicle production, construction, and service sectors. However, concerns arise about the sustainability of this momentum and a potential slowdown in FY24. The video explores the factors behind the growth, challenges faced, and the importance of sound policies to maintain economic momentum amid global conditions and policy responses.
12 Jun 2023Raymond profit for Q3 was down 4.4 per cent to ₹97 crore and the income went up 17.6 per cent to ₹2,168 crore
1 min read1 Feb 2023Pfizer does not have a deal with any company for distribution in India as of now. Also, the storage temperature for the vaccine is -80°C, facilities for which are not available in India
3 min read10 Nov 2020'SAP Enable Now' can be used for non-SAP applications and integrated with IT service management tools as well, it said.
1 min read22 Oct 2020Philips says adjusted earnings before interest, taxes and amortisation (EBITA) increased to 769 million euros ($900.1 million) in the July-Sept period, while comparable sales rose 10% to 4.98 billion euros
1 min read19 Oct 2020Net income applicable to common shareholders rose to $2.60 billion in the quarter ended Sept 30, from $2.06 billion a year agoEarnings per share rose to $1.66, compared to $1.27 a year ago
1 min read15 Oct 2020The company showed an operating loss of Rs9.6 crore as against a profit of Rs353.7 crore in the year-ago periodMigrant labour issues and weakness in end-consumer markets added to its woes in Q3
1 min read12 Aug 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared