Icra says that key challenges for meeting growth expectations, however, would be in accessing the required debt funding over and above the refinancing of existing debt
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The report highlights that by 2025, around 56 per cent of all new internet users in India will come from rural areas
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The report emphasises that India is lagging in component manufacturing, urging the government to introduce more initiatives to stimulate this area of the industry
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CareEdge anticipates that the life insurance industry will sustain a growth rate of approximately 11 to 13 per cent over the next three to five years
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The company says, Q1FY25 profit stands at Rs 26.51 crore against a PAT of Rs 18.89 crore in Q1FY24, year on year growth of 40.3 per cent
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This surge in global expansion is anticipated to drive an increase in revenues for both global and domestic banks providing cross-border support
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"This year also, our approach has been that we bring in greater simplification of tax laws and procedures and that we enable growth and employment in this country," Nirmala Sitharaman says
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Icra expects a relatively moderate 5 to 7 per cent volume contraction in FY2025 and the construction sector gross value added (GVA) to expand by 7 to 7.5 per cent
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After 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
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Currently, gold prices are higher by 19 per cent over the FY2024 average
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