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'No Systemic Slowdown': What Nirmala Sitharaman Said On Q2 GDP Shocker
Finance Minister Nirmala Sitharaman dismissed fears of a systemic economic slowdown despite India's 7-quarter low GDP growth of 5.4% in Q2 FY25. She attributed the moderation to reduced public and capital expenditure but expects Q3 to compensate with improved spending.
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.
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%.
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.
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,
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.
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.
9d
Boardwalktech Reports Q2 FY25 Financial Performance
Boardwalktech Software Corp ( (BWLKF) ) has released its Q2 earnings. Here is a breakdown of the information Boardwalktech Software Corp ...
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 ...
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.
8h
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 ...
DSIJ Pvt Ltd
16h
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 ...
Investing
2d
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 ...
2d
Dollarama Q2 EPS Meets Estimates, But Sales Miss; Backs FY25 Outlook
Canadian value retailer Dollarama, Inc. (DOL.TO) reported Wednesday that net earnings for the third quarter increased to $275.81 ...
Hosted on MSN
3d
Swiggy Share Price: Stock rallies 7% after stellar Q2 FY25 results, up 37% since IPO price
Swiggy Ltd. shares surged 6.7% on Wednesday, December 4, following the company's strong Q2 FY25 results. The food delivery ...
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