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Despite Q2 slowdown, GDP growth of 6.5% to 7% for FY25 still feasible: CEA Nageswaran
Finance Ministry reassures Indian economy's growth story remains strong despite recent slowdown, projecting 6.5-7% growth for fiscal year.
Swiggy Q2 FY25: Revenue Growth Continues Amid 626 Cr Net Loss
One of the top quick-commerce and food delivery services in India, Swiggy, has announced its Q2 FY25 financial results, which show both significant revenue growth and profitability issues.
GDP slowdown in Q2 not systemic, Q3 to compensate for moderation: FM
The GDP slowdown in September quarter was not “systemic” and the economic activity in third quarter, with better public expenditure, is likely to compensate for the moderation, Finance Minister Nirmala Sitharaman said on Friday.
GDP growth in Q3 to make up for Q2 loss: FM Nirmala Sitharaman
This is the finance minister's first statement on growth after the lower-than-expected GDP growth witnessed in Q2 and indicators showing a marked slowing of urban consumption.
India Q2 FY25 GDP Growth Data 2024 Highlights: Economic growth slows to 5.4%
GDP growth slides to 5.4% for quarter ended Sept 2024. India’s economy expanded at 6.7 per cent in the April-June quarter (Q1), marking the slowest pace in five quarters.
India’s Q2 FY25 GDP Growth
India’s GDP growth slowed to 5.4% in Q2 FY25, falling short of expectations, though the government maintains its FY25 target of 6.5%.
5.4% GDP growth doesn't indicate systemic slowdown: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman asserted that the slower second-quarter growth doesn't signal a systemic slowdown, attributing it to reduced public spending during the election season. She anticipates a rebound in the third quarter and maintains India's position as the fastest-growing major economy for the coming years,
December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
The finance minister conceded, however, that the plateauing of consumption demand in developed economies was a matter of concern for India’s exports.
‘GDP slowdown in Q2 not systematic, economic activity to compensate’: Nirmala Sitharaman
The country's GDP growth rate stood at 5.4% during the July-September quarter of FY25, the lowest in seven quarters.
GDP slowdown in Q2 not systemic, Q3 to compensate for moderation: FM Sitharaman
Finance Minister Nirmala Sitharaman attributed India's recent GDP slowdown to reduced public spending, not systemic issues. She anticipates the third quarter will compensate for this, maintaining India's position as the fastest-growing major economy.
FM Sitharaman dismisses systemic slowdown fears, expects Q3 recovery
Finance Minister Nirmala Sitharaman has reassured that the 5.4% GDP growth in Q2, a seven-quarter low, does not signal a systemic slowdown. She expressed confidence that the economy will bounce back in Q3.
2h
Highway toll revenue growth slows, may fall short of FY25 target
India's highway toll collection may miss ₹70,000 crore target for FY25. But it's expected to pick up from next year onwards ...
1d
Daktronics Q2: Digital Transformation Set To Drive Strong Margin Growth
Daktronics shares are up nearly 20% following the Q2 earnings release. Find out why I maintain my buy rating on DAKT stock.
3d
on MSN
Swiggy Q2 FY25 results: Net loss widens to Rs 626 crore QoQ; revenue up 12%
Food and quick-commerce platform Swiggy Ltd on Tuesday announced its first quarterly results post listing. The company's ...
4d
on MSN
India’s Q2 FY25 GDP: A bump in the road or a sign of resilience?
India's Q2 FY25 GDP growth was below expectations. However, strong private consumption and robust services sector indicate ...
DSIJ Pvt Ltd
10h
Penny Stock Under Rs 5: Company Achieves Debt-Free Status; Q2 FY25 Profit Surges by 180 Per cent YoY
Rajnish Wellness Ltd (RWL) has reached a significant financial milestone by successfully clearing its Term Loan and Cash Credit accounts with the State Bank of India (SBI). The company has received No ...
Hosted on MSN
3d
Swiggy Q2 Results FY25: Rs 1600 cr investment; net loss down - First quarterly earnings since IPO listing
Food delivery major Swiggy on Tuesday declared its first-ever quarterly earnings since its IPO list last month. Additionally, ...
16h
RBI Lowers FY25 GDP Growth Rate By A Huge 60 Bps, Says Slowdown Bottomed Out In Jul-Sep
Reserve Bank of India Governor Shaktikanta Das, in the monetary policy meeting announcements, lowered the estimated GDP ...
Investing
1d
Watches of Switzerland stock jumps on Q2 recovery, reconfirmed FY25 guidance
Investing.com -- Shares of Watches of Switzerland (LON:WOSG) jumped over 10% on Thursday following its half-year results for ...
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