This growth follows a period of slowed expansion over the previous nine months, primarily due to elevated airfares and limited capacity additions
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India's forex reserves saw a cumulative decline of USD 71 billion in 2022
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The drivers of growth have gone beyond government-led capex into the realm of private consumption, with the apparition of private capex on the horizon
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Crisil Ratings says, the high raw material prices likely to weigh on margins and modest leverage to support credit risk profiles
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Icra estimates that the securitisation volumes originated by the housing finance companies (AHFCs) had improved to Rs 6,900 crore in FY2024 from Rs 5,300 crore in FY2023
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"It is the best time for biotechnology, highlighting the progress of biotechnology in India," he says
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The report highlights that the Q1 growth figure is primarily subdued due to weaker performance in both the agriculture and services sectors
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Infrastructure output, which accounts for 40 per cent of India's industrial production, measures activity in eight sectors, including refinery products and electricity
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