growth

  1. Kia India sales rise 10 percent to 21,300 units in June

    New Delhi, Kia India on Monday said its total wholesale sales in June grew 10 per cent year-on-year to 21,300 units.The automaker shipped 19,391 units to dealers in June 2023.Kia India also recorded sales of 1,26,137 units in the first half of the year, a growth of 6 percent compared to the...
  2. Coal India's Q1 production rises 8 percent to 189 MT

    New Delhi, State-run CIL's coal production rose 8 per cent to 189.3 million tonnes (MT) in the first quarter of the current financial year.The company's coal production was 175.5 MT in the April-June period of the previous fiscal year."Exceeding the target of 189.2 MT, CIL achieved 100 per...
  3. Mahindra reports 11 percent growth in total auto sales in June to 69,397 units

    In the Utility Vehicles (UV) segment, the company sold 40,022 vehicles in the domestic market with a growth of 23 per cent to 40,644 vehicles overall including exports.Domestic sales of commercial vehicles stood at 20,594.“June has been an important month as we launched the 200,000th...
  4. NTPC's captive coal production rises 15 percent in Q1; Remittances increased by 17 percent

    New Delhi, State-owned NTPC on Monday reported a 15 per cent year-on-year increase in coal production from captive mines to 9.862 metric million tonnes (MMT) during the quarter ending June 2024.NTPC has registered a growth of 17.15 per cent in coal dispatch from its captive mines to 10.194 MMT...
  5. Morgan Stanley has set a base target of Rs 3,540 and a bull case of Rs 4,377 for RIL.

    New Delhi [India], In its fourth monetization cycle this century, Reliance Industries (RIL) is projected to reach up to $100 billion in value creation, according to a research report by US multinational investment bank and investment firm. Morgan Stanley financial services.The report suggests...
  6. REC loan approvals rise 24 per cent to Rs 1.12 lakh crore in Q1; 40 thousand crore rupees for renewable energy

    New Delhi: State-owned REC Ltd on Monday said it sanctioned loans worth Rs 1,12,747 crore during April-June FY2025, registering a year-on-year growth of 24.17 per cent.The company said in an exchange filing that it had sanctioned Rs 90,797 crore as loans during the year-ago period.Loan...
  7. Konica Minolta Business Solutions India certified as a great place to work in 2024

    VMPLNew Delhi [India], July 1: Konica Minolta, a global leader in innovative printing technologies, is proud to announce its glorious certification as a Great Place to Work® by 2024. This prestigious award recognizes Konica Minolta India's stature as a pioneer that prioritizes not only...
  8. Bajaj Auto 2-wheeler sales grow 7 percent in June, commercial vehicle exports up 16 percent (YoY)

    New Delhi [India], July 1: Bajaj Auto's domestic two-wheeler sales grew by 7 percent in June 2024 compared to the same month last year.However, the company faced a decline in its overall sales compared to May 2024 sales.The company sold 1,77,207 units in June 2024, which is a 7 percent...
  9. India's manufacturing activity grew in June, hiring at 19-year high

    “The Indian manufacturing sector ended the June quarter in a strong position. "The headline manufacturing PMI rose 0.8 percentage points to 58.3 in June, supported by a pick-up in new orders and output," said Maitreyi Das, global economist at HSBC.The report said the performance of the...
  10. Fintech company Olive expects FY25 revenue to grow 40 percent to Rs 350 crore

    New Delhi: Fintech firm Olive expects its revenue to grow 40 per cent to Rs 350 crore in FY20, mainly due to growth in user base, big ticket loans and expansion of portfolio, a top company official said on Monday. Said.The company claims that its revenue has more than doubled to around Rs 250...
  11. Government is committed to creating a conducive environment for industrial growth across the country: Piyush Goyal

    Hyderabad, Union Commerce Minister Piyush Goyal on Sunday said the government is committed to creating a conducive environment to facilitate industrial growth across the country.Speaking at a conference of industry leaders and stakeholders here on Sunday evening, he said the Center sees...
  12. Ajman's GDP to rise to AED36 billion in 2023: Statistics Center

    Ajman [UAE], Preliminary projections of Ajman's gross domestic product (GDP) for the year 2023, released by the Ajman Statistics Centre, show the emirate's strong economic performance and positive growth rate.The emirate achieved GDP at current prices of more than AED36 billion, compared to...
  13. Increase in exports, improvement in CAD, MNFG will help boost Indian economy: Goyal

    Mumbai, Healthy rise in country's exports, improvement in current account deficit (CAD) and focus on manufacturing expansion will help Indian economy register healthy growth rate, Commerce and Industry Minister said , Piyush Goyal.He was here to participate in a gem and jewelry industry...
  14. Punjab & Sind Bank plans to raise Rs 2,000 crore through QIP in H2FY25

    New Delhi: State-owned Punjab & Sind Bank plans to raise Rs 2,000 crore in the second half of this fiscal year through a qualified institutional placement (QIP) to fund business growth."The board has already given its approval and the merchant bankers should join in August," said Punjab & Sind...
  15. Maharashtra Economic Survey 2023-24: Shinde government boosts strong growth and recovery

    Mumbai (Maharashtra) [India], The Maharashtra Economic Survey for the year 2023-24 presents a positive outlook on the economic recovery and growth of the state under the leadership of the Shinde government, as compared to the previous Maha Vikas Aghadi government ( MVA).The economic study...
  16. Sony India MD says the country is expected to overtake Japan to become the third largest global market in two years

    New Delhi, Japanese consumer electronics giant Sony expects India to overtake the domestic market to become the company's third-largest market globally in the coming years, with the country's revenue reaching Rs 10,000 crore. .Sony India CEO Sunil Nayyar said the company clocked a revenue of...
  17. Indian economy potentially poised for stable high growth phase, says RBI monetary policy panel member

    In New Delhi, the Indian economy is poised for a potentially stable phase of high growth and is also in a strong position in the context of the significant risks facing the country, Shashanka Bhide, member of the monetary policy committee of the RBI.Bhide further said that with income growth...
  18. Number of new members in EPFO ​​reduced by 4 percent to 1.09 crore in 2023-24: MoSPI report

    New Delhi: The number of gross new subscribers of retirement fund body EPFO ​​declined by over 4 per cent to 1.09 crore in 2023-24 compared to a year ago, according to a report by the Ministry of Statistics and Program Implementation (MoSPI).According to the report 'Payroll Reporting in India...
  19. Mumbai, Delhi see strong rise in prime property prices globally: Report

    According to the latest data from Knight Frank 'Prime Global Cities Index Q1 2024', Mumbai saw the highest jump among Indian cities in the January-March quarter, with an 11.5 per cent (y-o-y) jump.Home prices in Delhi saw an annual increase of 10.5 percent.Topping the table is Manila with...
  20. Karnataka CM holds "constructive meeting" with PM Modi over state issues

    New Delhi [India], Karnataka Chief Minister Siddaramaiah on Saturday held a "constructive meeting" with Prime Minister Narendra Modi at his residence on state issues.In a post on X, the Karnataka CM office said the state government and the Center are committed to "working together for the...