Global headwinds to deeply impact IT revenue growth in FY24, says Crisil
Global macroeconomic and financial sector headwinds are set to take a deep toll on the domestic IT companies' revenue growth in FY24, a report said on Friday. The Rs 10…
New tax amendments may make conventional debt instruments like FDs, G-Secs attractive
The amendments to the taxation of debt mutual funds didn't bode well for investors across categories, as the arbitrage benefits one could avail on such investments are no longer in…
ETMarkets Fund Manager Talk: Amid falling banking system liquidity, this fund manager recommends staying overweight on govt bonds
The surplus liquidity in the banking system has come down from the highs of last year, and the Reserve Bank of India has reiterated that it will remain focussed on…
Rising temperatures cast shadow on wheat production and prices, says CRISIL
If the prevailing high temperatures continue through March, the rabi wheat crop will be impacted and yields would at best be on a par — or marginally lesser — than…
Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil
A combination of high realisation and healthy demand will help the basmati rice sector log strong sales growth of over 30% on-year to more than Rs 50,000 crore in fiscal…
November inflation print provides impetus to end rate hike cycle: SBI economists
The November inflation print of 5.88 per cent provides impetus to end the rate hike cycle, economists at the country's largest lender SBI said on Monday. This came hours after…
MSMEs’ revenues to touch pre-COVID levels: Report
Nearly all the MSMEs in the country this fiscal would be surpassing the revenues they achieved in the pre-covid level, but their operating profits may be well below the 2019…
MSMEs’ revenues to touch pre-COVID levels: Report
Nearly all the MSMEs in the country this fiscal would be surpassing the revenues they achieved in the pre-covid level, but their operating profits may be well below the 2019…
States’ indebtedness to be high at 30-31% of their GDP in FY 2023: Report
The aggregate indebtedness of states – measured by debt to gross state domestic product (GSDP) – is expected to remain at 30-31% of their respective GDP this fiscal, almost at…
RBI may raise repo rate by 50 bps this week
The Reserve Bank of India is likely to deliver a fourth consecutive policy rate hike this week, with a half-percentage point increase, joining global central banks that are raising rates…