Reports: Page 3
NEDFi Reports Strong Financial Growth in FY 2023-24, Net Profit Surges by 25.25%
One of the key highlights was the growth in sanctions, which increased to INR 846.37 crore from INR 798.03 crore in the previous year.
Bank Deposit Growth Surpasses Credit Expansion: Report
Year-over-year (YoY), credit grew by 13.4 per cent, a significant reduction from the 19.8 per cent growth recorded in the same period last year.
India's Economy Set to Grow by 7% in 2024-25, Boosted by Strong Industrial and Service Sectors: ADB Report
The central government's debt is expected to decrease from 58.2 per cent of GDP in FY 2023-24 to 56.8 per cent by FY 2024-25, while the general government deficit, including state governments, is predicted to fall below 8 per cent of GDP
OECD Forecasts Higher Growth for India Amid Global Economic Resilience
The report anticipates India's growth to further increase to 6.8 per cent in FY 2025-26, up by 20 basis points from its earlier forecast.
The Role of Digital Payment Infrastructures in MSME Growth
Around 80 per cent of MSMEs reported positive impacts from adopting digital technology, with Aadhaar banking and UPI being the most utilized services at the last mile.
The Transformative Impact of Digitalization on MSME Financing and Access to Credit
Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.
Passenger Vehicle Sales Slumped by 1.6% in August 2024 Compared to Previous Year
The passenger vehicle (PV) market faced a significant downturn over the past year.
Automobile Sales Fall by 7% in August: FADA Report
The commercial vehicle (CV) segment had a tough month, with sales dropping 8.50 per cent MoM and 6.05 per cent YoY.
e-Commerce Export Hubs to Generate Over 2.25 Lakh New Jobs: Report
The government's plan to establish 50 e-Commerce export hubs aims to create 2.25-2.75 lakh additional jobs, as per report from TeamLease
A Deep Dive Into The Shift of Consumer Behaviour in Purchasing
A large portion of consumers spend between INR 500 and INR 2000 monthly on online purchases
How Govt Support Is Strengthening MSMEs Connection In India
The sector contributes around 30 per cent to India's GDP and accounts for nearly 45 per cent of the country's exports. They generate over 110 million jobs, offering significant employment at lower capital costs than large industries
Biocon Net Profit of Up By 550% to INR 660 Crore for Q1FY25
Biocon generated a total revenue of INR 4,567 crore in Q1FY25 and witnessed a net profit of 550 per cent
Indian Sales Teams Implementing AI in Full Capacity Still Failing to Meet Consumer Expectations: Know Why
After the pandemic, the working culture of sales departments has evolved in response to consumers' needs and wants
Bangladesh Crisis Presents Indian RMG Sector With $250 Million Monthly Export Opportunity: Report
The socio-political uncertainties prevailing in Bangladesh may result in global RMG (readymade garment) brands and retailers in India to gain around 6-8 per cent of Bangladesh's monthly export orders
The Ripple Effect of Bangladesh Crisis on India's Economy
The Bangladesh political crisis situation is bilaterally affecting the Indian economy in more ways than one