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  • Dollar dips as jobs growth disappoints before Powell speech

    Dollar dips as jobs growth disappoints before Powell speech

    The dollar index added to earlier losses after the ADP National Employment report showed that U.S. private payrolls increased far less than expected in November, suggesting demand for labor was cooling amid high interest rates.

  • Pre-owned car market in India expected to grow at 19.5% till FY27: Report

    Pre-owned car market in India expected to grow at 19.5% till FY27: Report

    The demand in smaller towns is expected to grow at a 30 per cent CAGR by 2026 as compared to a 10 per cent CAGR in the top 40 cities.

  • Indian hotel industry's RevPar to grow by 9% in FY18:ICRA

    Indian hotel industry's RevPar to grow by 9% in FY18:ICRA

    The Indian hotel industry's revenue per available rooms (RevPAR) is likely to grow by up to 9 percent in the next fiscal supported by stronger domestic demand, ICRA said in a report.

  • Passenger vehicle fin mkt to hit Rs 1.63L cr by FY20: E&Y

    Passenger vehicle fin mkt to hit Rs 1.63L cr by FY20: E&Y

    The passenger vehicle finance market in India is expected to grow 2.1 times to touch a size of Rs 1,63,600 crore by 2019-20, according to a report by global consultancy firm E&Y.

  • Trump impact? Nasscom defers annual growth forecast to May

    Trump impact? Nasscom defers annual growth forecast to May

    The IT industry lobby Nasscom today said the sector will grow at the lower end of its revised target in fiscal 2017, but deferred guidance for the next financial year by a quarter, as the headwinds rise.

  • 'Despite demonetisation, India to grow faster than China'

    'Despite demonetisation, India to grow faster than China'

    Indian economy will grow faster than China despite the temporary slowdown created by demonetisation, an Indian-origin academic and former Singapore diplomat said at a conference of leading world universities here today.

  • Will be surprised if Nifty re-tests 7200: Rakesh Jhunjhunwala

    Will be surprised if Nifty re-tests 7200: Rakesh Jhunjhunwala

    Rakesh Jhunjhunwala, Partner at Rare Enterprises, said markets have been looking up of late. But they have mellowed somewhat from the time Narendra Modi took over as the prime minister.

  • Budget 2016: Indian economy to grow at 7.4% in FY16, says Ficci

    Budget 2016: Indian economy to grow at 7.4% in FY16, says Ficci

    The Indian economy is expected to grow at 7.4 percent in the current fiscal, slightly lower than 7.6 percent projected in advance estimates of Central Statistics Office, industry body Ficci said today.

  • Expect CY16 growth to be higher than industry: Hexaware

    Expect CY16 growth to be higher than industry: Hexaware

    R Srikrishna of Hexaware Technologies says margin improvement is not the main focus of the company. The aim is to deliver sustainable growth, he adds. He says the company is happy with margins in the 15-17 percent range

  • Growth at reasonable price to be theme this year: Kotak AMC

    Growth at reasonable price to be theme this year: Kotak AMC

    Shah says he expects earnings to grow 20 percent in FY17, because that is when the full impact of the recovery in the economy and the the uptick in capex cycle will kick in

  • India needs to grow at 7-8% a year: Jayant Sinha

    India needs to grow at 7-8% a year: Jayant Sinha

    India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said earlier, putting pressure on the Reserve Bank to cut interest rates.

  • Bank's deposit grows at 12.3% to Rs 81 trillion in Q2

    Bank's deposit grows at 12.3% to Rs 81 trillion in Q2

    The credit grew at 9.4 percent to Rs.61.57 trillion during the July-September quarter of 2014-15. The credit growth was 15.05 percent (Rs.48.88 trillion) a year ago.

  • SAIL's value added steel production up 4% at 5 MT in FY'13

    SAIL's value added steel production up 4% at 5 MT in FY'13

    State-owned SAIL today said its production of value added steel rose 4 per cent to over 5 million tonne (MT) in 2012-13 fiscal as it added several new products in its portfolio.

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