Indian economy to grow by 9.2% in FY22: Economic Survey 2022
The survey revealed that India sees 8-8.5% GDP growth in FY23.
Latest Articles by Malvika Choudhary
Budget 2022: Check key highlights from PM Modi’s address to the Parliament
In the Budget Session 2022 of Parliament that began today, Prime Minister Narendra Modi gave a brief address to the media.
GOI appoints Dr V Anantha Nageswaran as new Chief Economic Advisor
The other shortlisted contenders for the command were Principal Economic Adviser Sanjeev Sanyal, Pami Dua, Professor, Delhi School of Economics and Poonam Gupta, Director General, National Council of Applied Economic Research (NCAER).
Marico Ltd reports net profit of Rs 317 crore in Q3
Marico's total expenses in the December 2021 quarter stood at Rs 2,022 crore, up 15.4 per cent as against Rs 1,752 crore a year ago.
L&T reports net profit of Rs 2,055 crore in Q3
The company's revenues increased 11 per cent to Rs 39,563 crore during the quarter as compared to Rs 35,596 crore in the same quarter last year.
Stock Market update: MapmyIndia shares down by almost 7% post Q3 results
In Q3FY22, revenue from operations was down to 10.7 per cent YoY at Rs 43.37 crore. Earnings before interest tax and depreciation and amortization (EBITDA) margins dipped 700 bps YoY to 35.9 per cent.
Stock Market update: Mahindra Logistics shares down by almost 10% post Q3 results
Mahindra Logistics Ltd (MLL) reported a sharp 72 per cent year-on-year decline in profit after tax (PAT) to Rs 5 crore for the December 2021 quarter.
Stock Market update: LIC Housing Fin shares up by 13% post Q3 results
Net interest margin (NIM) improved to 2.42 per cent as against 2.36 per cent. Net interest income (NII) was boosted by 14 per cent to Rs 1,455 crore, as against Rs 1,281 crore for the same period in the previous year.
Stock Market update: RBL Bank shares down by almost 3% post Q3 results
The bank's CASA boosted 21 per cent YoY to Rs 25,318 crore, despite a 5 per cent quarterly plunge from Rs 26,734.
Budget 2022: No halwa ceremony this year; Budget to be presented in paperless form
The 'halwa ceremony' a tradition that was held every year, 10 days before the Union Budget will not happen this year due to the prevailing Omicron cases upsurge.
RBL Bank reports 10% YoY growth in revenue at Rs 1,630 crore in Q3
The gross non-performing assets (NPAs) ratio declined 56 basis points to 4.84 per cent at the end of the December quarter as against 5.40 per cent at the end of the September quarter.
Ola renames its express grocery delivery venture as ‘Ola Dash’
Ola has set aside a budget of Rs 250 crore for the grocery delivery business and would undertake it in mid-November ahead of its $2-billion initial public offering.
Insurers urge for higher 80C investment limit in Budget 2022
Life insurance is a long-term solution, unlike other financial products which have a shorter investment horizon and are covered under the 80C provision.
Bentley Motors to invest $3.4 billion in EVs
The big investment will also result in a comprehensive modification of Bentleys' entire product portfolio, and the historic Crewe Campus.
FMCG sales fell by almost 10% in January due to third-wave restrictions: Bizom
Packaged consumer-product volumes dropped 1.8% in the December quarter, the second consecutive downfall, as companies inflated price tags to counteract growing input expenditure.
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