After witnessing healthy growth in the calendar year 2021 (CY21) and CY22, global apparel trade declined by around 7 per cent to USD 520 billion in CY23 amid inflationary pressures and destocking by customers and retailers
Read MoreThe gross domestic product (GDP) growth forecast for the financial year 25-26 has also been retained at 6.9 per cent for India by S&P Global Ratings
Read MoreThe Finance Minister highlights the need for timely and efficient use of these funds during a review meeting in New Delhi
Read MoreThe forecast is due to ongoing challenges driven by reduced discretionary technological spending amidst persistent macroeconomic uncertainties in key markets, particularly the US and Europe.
Read MoreAccording to the Icra report, the credit profiles of mall operators are expected to remain stable due to the comfortable leverage and debt coverage metrics
Read MoreSeveral key indicators point to a strengthening of the economic landscape, supported by goods and services tax (GST) collections, vibrant sectoral performances, and favourable external and fiscal conditions
Read MoreThe rating agency estimates the Private asset reconstruction companies (ARC) assets under management (AUM) at Rs 1.2 to Rs 1.25 lakh crore by the current fiscal, a decline from Rs 1.35 lakh crore in the previous fiscal
Read MoreThe expected fall in the imports of pulses in the current year is on the back of better domestic production in the 2024-25 crop year
Read MoreAfter a healthy financial year (FY) 2024, the pan-India premium hotel occupancy is expected to be in a range of 70 to 72 per cent for the year and the average room rates (ARRs) are likely to increase to Rs 7,800 to 8,000 in FY25
Read MoreTaking the growth in aluminium production into account as well, the trends point towards strong economic activity in sectors such as energy, infrastructure, construction, machinery
Read More