Apr 19, 2021 07:48 PM IST
Despite the pandemic-induced disruption, HDFC Bank reported yet another consistent performance with net profit rising by 19 percent year-on-year in FY21. Profits growth remained strong despite bank shoring up provisions to deal with the future contingencies and was aided by healthy loan growth, rock-steady margins and better operating efficiency. Watch the analysis to know why HDFC Bank is a must have in your portfolio.
- Apr 13, 2021 09:42 AM IST
Resurgence in COVID-19 infections and slowdown in end user markets can delay recovery in its soda ash business
- Apr 12, 2021 09:34 PM IST
Tata Consultancy Services has reported a 6.3% sequential growth in Q4 FY21 consolidated profit at Rs 9,246 crore, driven by better-than-expected growth in revenue and operating income. While its revenue numbers came in line with estimates, it reported the highest ever order book value and hiring during the quarter. Moneycontrol's Chandra R Srikanth with the highlights.
- Apr 08, 2021 09:51 AM IST
As per the data released, March auto registrations continued to fall by -28.64 percent year-on-year (YoY) but grew 10.05 percent month-on-month (MoM).
- Apr 08, 2021 09:05 AM IST
There is a growing trend of consolidation among ports and terminal operators worldwide. Firms are trying to build integrated business offering related services
- Apr 01, 2021 09:36 AM IST
Adani Transmission has significantly narrowed the gap in market cap with Power Grid Corporation of India, despite the companies differing significantly on revenues and asset base
- Mar 31, 2021 10:34 AM IST
.The Washington-based global lender, in its latest South Asia Economic Focus report released ahead of the annual Spring meeting of the World Bank and the International Monetary Fund (IMF), said that the economy was already slowing when the COVID-19 pandemic unfolded.
- Mar 25, 2021 09:09 AM IST
Productivity growth in sectors such as retail, hospitality, or transportation account for one third of welfare growth between 1987 and 2011
- Mar 16, 2021 09:00 AM IST
Tech Mahindra has acquired 8 firms in last two years. The latest acquisition Perigord Asset Holdings will bolster the company’s capabilities in the healthcare and life sciences vertical
- Mar 14, 2021 10:06 AM IST
Subramanian's comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by the RBI governor by March 31.
- Mar 09, 2021 08:37 AM IST
India is a focus market for drug companies seeking to diversify outside the US. Companies are adding brands and new products to improve growth rates in India
- Mar 05, 2021 02:54 PM IST
The 'Monthly Economic Review' for February also stated that higher-than-expected subsidy outlay in 2020-21 has led to real GDP contraction projections to be larger than that of real GVA, an unusual occurrence in itself.
- Mar 01, 2021 04:09 PM IST
Analysts and exporters say chances of exports' share of the economy improving in the upcoming fourth quarter remain slim, given the slow recovery in manufacturing, and the liquidity crunch being faced by many exporters in the current quarter.
- Feb 26, 2021 05:56 PM IST
In a sign of recovery, demand for loans picked up in January based on Reserve Bank of India data.
- Feb 25, 2021 01:51 PM IST
For current fiscal, the US-based rating agency expects the economy to contract 7 percent, lower than its previous estimate of 10.6 percent contraction.
- Feb 10, 2021 12:34 PM IST
India-Ratings expects the industrial and services sector to grow at 11.5% and 11.4% YoY, respectively, in FY22.
- Feb 09, 2021 09:27 PM IST
The latest Economic Survey projected growth rate to rebound to 11 percent during 2012-22 while the Budget estimated real GDP to be between 10-10.5 percent.
- Feb 07, 2021 11:07 AM IST
Jubilant FoodWorks, which operates Domino's Pizza and Dunkin'' Donuts chains in India, reported a 21.71 per cent increase in consolidated profit at Rs 123.91 crore in the third quarter ended December 2020.
- Feb 05, 2021 08:38 AM IST
Gerry Rice, Director of Communications at the International Monetary Fund (IMF), at a press conference here said the Union Budget rightly focuses on health, education, public infrastructure and, if fully implemented, can help increase India's growth potential.
- Jan 26, 2021 03:38 PM IST
The annual median growth forecast by the industry body is based on responses from leading economists representing industry, banking and financial services sector. The survey was conducted in January.
- Jan 05, 2021 01:26 PM IST
According to the report, the management of the COVID-19 spread has been effective despite the festive season and onset of winter season. The downside risk, however, remains the spread of the UK variant and fatigue from social distancing guidelines.
- Dec 02, 2020 05:53 PM IST
Total FDI inflows into India in second quarter of financial year 2020-21 have been $ 28,102 million. Of this, FDI equity inflows were $23,441 million
- Nov 27, 2020 08:57 AM IST
Most GDP projections are much better than the 23.9 percent slump recorded for Q1FY21
- Nov 26, 2020 07:13 PM IST
A number of high-frequency indicators have shown gradual signs of pick up, pointing towards overall economic recovery in the country. In fact, by September, indicators like vehicle sales, real estate, manufacturing PMI, and railway freight earnings, had outstripped September 2019
- Nov 25, 2020 10:52 AM IST
Dedicated freight corridor connectivity can help Gujarat Pipavav gain market share. The expansion plan is subject to approval from the regulator