FY2023

The World Bank made these points in its latest edition of Global Economic Prospects. File. | Photo Credit: AP Growth in India is expected to slow to 6.3 % in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January,…

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India’s E-tailing has reached $60 billion GMV in FY2023 with a steady 22% annual growth showing strong performance on most metrics, said Redseer Strategy Consultants on May 18. E-tailing, which experienced steep growth during COVID-19, has…

STL, a leading optical and digital solutions company, announced its financial results for the year ended March 31, 2023. The company reported record revenues of Rs 6,925 Cr, growing 27% over the previous year along with 29% and 51% growth…

TCS, HCL Tech and Infosys recruited only 884 employees in the fourth quarter. Tata Consultancy Services, Infosys and HCL Tech have added 65 per cent fewer employees with them in 2023 compared to 2022. Amid fears of a recession,…

Forecast of growth in India's total merchandise exports and non-oil exports are released by Exim Bank on a quarterly basis. Non-oil exports are forecast to clock $ 350.5 bn for the full year.Export-Import Bank of India (India Exim Bank)…

In its scheme of things, tackling inflation now comes ahead of ensuring growth in the world's sixth largest economy, points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: ANI Photo   For the…

Many analysts see a further downside to stock prices on Dalal Street and Sensex valuations if the crude oil price stays above $110 a barrel for an extended period. Krishna Kant reports. Photograph: Sergei Karpukhin/Reuters A sharp sell-off…

The domestic aviation industry is expected to report a net loss of Rs 25,000-26,000 crore this fiscal with elevated jet fuel prices and fare caps continuing to pose a major challenge for the airlines' profitability, domestic rating agency…

The government plans to bring down its stake to 26 per cent in these two banks, which are yet to be identified.This may not come in the way of getting investors for these banks, provided the government is willing to step back rather than…