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MFI portfolio declines, bad assets spike in Sept qtr: Report
1 day, 7 hours ago

MFI portfolio declines, bad assets spike in Sept qtr: Report

Live Mint  

Mumbai, Jan 8 Microlending outstandings in the system reduced 4.3 per cent to ₹4.14 lakh crore in the September quarter as lenders adopted a cautious stance amid deteriorating asset quality, a report said on Wednesday. Loans unpaid for 1-30 days increased to 2.1 per cent from the 1.2 per cent in June, while the ones unpaid for 31-180 days witnessed …

Cent
Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity
2 weeks, 5 days ago

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity

Live Mint  

New Delhi, Dec 21 Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity. Housing sales are estimated to fall in Hyderabad by 47 per cent to 12,682 units during October-December 2024 from 24,044 units in the year-ago period. In Bengaluru, sales …

Delhi Mumbai Sales Quarter Ncr Housing Sales Propequity
GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
3 weeks, 2 days ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

India Growth Manufacturing Minister Cent Quarter Rate
GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
3 weeks, 2 days ago

GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were held, should not be the basis for forecasting future growth. Responding to a debate in the Lok Sabha, Sitharaman said …

India Manufacturing Minister Cent Quarter Sitharaman Gdp
Luxury Housing Sales Up 40 PC in June Qtr
5 months, 3 weeks ago

Luxury Housing Sales Up 40 PC in June Qtr

Deccan Chronicle  

Chennai: Luxury housing sales were up 40 per cent in the June quarter and 27 per cent in the first half of the calendar year. During the Apr-June’24 quarter, the luxury housing segment across the top cities registered a 40 per cent increase in sales. Luxury housing sales were up 27 per cent to 8500 units against 6700 units in …

Luxury Delhi Mumbai Hyderabad Sales Luxury Housing Cent
India IT services biz set to sink to three-year lows in March qtr
1 year, 9 months ago

India IT services biz set to sink to three-year lows in March qtr

Live Mint  

NEW DELHI : Homegrown IT services firms are likely to close the last financial year on a sombre note, with analysts predicting three-year lows for the sector on various metrics such as deal bookings and revenue growth. The March quarter performance could also set the tone for FY24, in which experts expect deferred deals for the industry leading to slower …

India Growth Tech Services Revenue Post Quarter
Ex-CM Azad, Jammu and Kashmir BJP chief Raina among 48 unauthorised occupants of government bungalows
1 year, 9 months ago

Ex-CM Azad, Jammu and Kashmir BJP chief Raina among 48 unauthorised occupants of government bungalows

Hindustan Times  

Former chief minister Ghulam Nabi Azad, former BJP MP Shamsher Singh Manhas, former finance minister Muzaffar Hussain Beigh, J&K BJP chief Ravinder Raina, former ministers Kavinder Gupta, Bali Bhagat and Awami National Conference general secretary Muzaffar Shah figured in a list of 48 politicians, who continue to unauthorisedly occupy ministerial bungalows and government quarters in the twin capital cities of …

Political Kashmir Gandhi Flat Bjp Minister Mla
Reliance Retail’s 1st-qtr revenue is best ever, employee headcount nears 3.80L
2 years, 5 months ago

Reliance Retail’s 1st-qtr revenue is best ever, employee headcount nears 3.80L

Live Mint  

Retail Retail, the business housing the retail interests of billionaire Mukesh Ambani's Reliance Industries Ltd, added 17,000 employees during the April-June quarter. Reliance Retail has logged its best-ever quarterly revenues in a macro environment that remained challenging, the company said, adding, “Gross Revenue was at ₹58,554 crore for the quarter, registering a growth of 51.9% YoY.” The business posted an …

Retail Crore Quarter Yoy Reliance Reliance Retail
Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts
3 years, 5 months ago

Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts

Business Standard  

Gold exchange-traded funds attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal. Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due …

Gold Investors Crore Jun Inflow Asset Inflows
Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr
3 years, 5 months ago

Wipro Q1 Net Profit Up 35.6% at Rs 3,242.6 Cr, Expects 5-7% Sequential Growth in Next Qtr

News 18  

IT major Wipro on Thursday reported a 35.6 per cent jump in consolidated net profit to Rs 3,242.6 crore for the June 2021 quarter. Its revenue from operations increased by 22.3 per cent to Rs 18,252.4 crore in the reported quarter from Rs 14,913.1 crore in the same period last fiscal, Wipro said in a regulatory filing. Wipro’s IT services …

Cent Quarter Wipro
Maruti Suzuki India to hike prices in July-Sept qtr amid rise in input costs
3 years, 6 months ago

Maruti Suzuki India to hike prices in July-Sept qtr amid rise in input costs

India TV News  

The country's largest automobile maker Maruti Suzuki India on Monday said it will hike the prices of its cars in the second quarter of the current fiscal due to an increase in the input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise," Maruti …

Maruti Suzuki Input Costs Price Rise Maruti Suzuki India Suzuki India
HCL Tech Dec qtr profit jumps 27% to Rs.3,982 crore
3 years, 11 months ago

HCL Tech Dec qtr profit jumps 27% to Rs.3,982 crore

Hindustan Times  

HCL Technologies Ltd posted robust quarterly earnings, in line with its peers that have seen their businesses flourish as they exploited a global boom in digital services due to Covid. India’s third-largest software services company by revenue posted a profit of Rs.3,982 crore in the three months ended December 31, a 26.7% increase from the previous quarter, India’s third-largest software …

Revenue Crore Quarter Hcl Hcl Tech
Debt funds see inflow of over Rs 94,000 cr in Dec qtr on fund infusion in liquid funds
4 years, 10 months ago

Debt funds see inflow of over Rs 94,000 cr in Dec qtr on fund infusion in liquid funds

India TV News  

Mutual funds focused on investing in fixed-income securities saw an inflow of over Rs 94,000 crore in three months ended December 2019, driven by infusion in liquid and overnight funds. In addition, overnight funds, which invest in securities with maturity of one day, received inflows of about Rs 17,529 crore, higher than Rs 3,913 crore in the three months ended …

Mutual Funds Fund Crore Funds Inflow Debt Funds Liquid Funds
Debt MFs see Rs 5k-cr outflow in Sep qtr on high pullout from liquid, credit risk funds
5 years, 1 month ago

Debt MFs see Rs 5k-cr outflow in Sep qtr on high pullout from liquid, credit risk funds

India TV News  

Mutual funds focussed on investing in fixed-income securities saw an outflow of over Rs 5,000 crore in July-September this year, after registering an infusion of Rs 19,700 crore in the preceding quarter, mainly on account of a massive pullout from liquid and credit risk categories. Although most individual categories that invest in fixed-income securities or debt funds saw a rise …

Risk Mutual Funds High Crore Funds Quarter Liquid
India Inc’s June qtr earnings disappoint, analysts warn of gloomy festive season
5 years, 5 months ago

India Inc’s June qtr earnings disappoint, analysts warn of gloomy festive season

Live Mint  

India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy. More than 60% of 125 firms that have reported so far, and are tracked by analysts, missed profit forecasts for the June quarter, the most since at …

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