 
                  
Hospitality revenues rose in the third quarter of FY22
RevPAR (Revenue per available room) grew 60.9% YoY in Q3 of FY22. Sequentially, RevPAR rose 30.1%. This was due to an increase in corporate travel during October-December 2022
Stay updated with the latest news and articles about FY22.
 
                  
RevPAR (Revenue per available room) grew 60.9% YoY in Q3 of FY22. Sequentially, RevPAR rose 30.1%. This was due to an increase in corporate travel during October-December 2022
 
                  
Pakistan borrowed more than $15.5bn in foreign loans in the first 10 months of the current fiscal year, which is around 70 per cent more than borrowing from foreign sources in the same period last year, Dawn reported on Tuesday.
 
                  
Tyre manufacturer JK Tyre & Industries on Friday reported a 80.39 per cent decline in consolidated net profit for the quarter ended March 31 at Rs 38.22 crore on the back of higher input cost.
 
                  
FY22 ended with an incremental credit growth at Rs 10.5 trillion, 1.8 times higher than growth of Rs 5.8 trillion in FY21, according to Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India,
 
                  
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.
 
                  
The Commerce and Industry Ministry published on November 15 presented an outbound trade increase to $35.65 billion in October, jumping from $24.92 billion in October 2020.
 
                  
In a regulatory filing to the BSE on October 16, Avenue Supermart stated that D-Mart’s total revenue for Q2FY22 stood at Rs. 7,649.64 crores, increasing 46.6 per cent from the same period a year ago.
 
                  
The company's India crude steel production rose 2% at 4.73 million tonnes as against 4.63 million tonnes during the previous quarter (Q1FY22).
 
                  
In June the agency had estimated 9.6% year-on-year (YoY) growth in FY22 adding that it may slip to 9.1%.
 
                  
On August 6, 2020, the first resolution framework was issued and was applied to all the categories of borrowers affected by the COVID-related stress.
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