Category: Uncategorized

The company#39;s revenue increased by almost 2 percent sequentially to Rs 2,323 crore

Net profit rose to 3.30 billion rupees ($39.7 million) for the quarter ended Dec. 31 from 2.43 billion rupees a year earlier.

The Tamil Nadu-based bank had reported a net profit of Rs 289 crore during the corresponding quarter of previous year.

Ahead of the presentation of the 2024-25 interim Budget, Moneycontrol takes a quick look at the state of the Indian economy. Here, we examine the status of investments in the country and the trends in public and private capital expenditure.

The Tuticorin-based bank had reported a net profit at Rs 280 crore during the corresponding quarter of the last financial year.

A key pillar of GDP growth is gross fixed capital formation (GFCF), which is an indicator of productive asset creation in the economy.

Ahead of the presentation of the 2024-25 interim Budget, Moneycontrol takes a quick look at the state of the Indian economy. Here, we examine the status of the manufacturing sector, which has been a key focus area of the government as part of its objective to make India self-sufficient.

With over 135 offices worldwide, Lockton#39;s entry in the country is subject to regulatory approval. This will meet India#39;s growing demand for risk consulting and management services, the company said in a statement.

In 2023, the oil and gas sector faced volatility in international crude oil prices due to geopolitical tensions, supply cuts, and demand concerns. Crude prices fell from $80 per barrel due to subdued demand, then rose to $90 with OPEC supply cuts and Middle-East tensions, but ended the year below $80 due to oil oversupply.

Last month, Moneycontrol reported that the Ministry of Road Transport and Highways has requested a budgetary allocation of Rs 3.25 lakh crore for FY 2024-25, marking a 25% YoY increase