The rupee depreciation and spiking freight costs due to logistical challenges worsened the price increase
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Currently, gold prices are higher by 19 per cent over the FY2024 average
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The sequential revenue growth, which saw a 6.5 per cent increase in the March quarter compared to the preceding December quarter
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Rating agency Icra says, the operating profit margin for India Inc is likely to remain steady at 15 to 18 per cent in Q1FY2025
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Credit quality in India’s financial system has improved, with record-high profitability, low delinquencies and domestic-oriented funding underpinning stable credit ratings
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The sustained policy support is crucial for India to achieve its 2030 transition targets and the ambitious goal of net-zero emissions by 2070
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Supply chain challenges, engine failure issues, and crew and pilot availability remain near-term headwinds
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Non-ferrous metal prices witness a strong recovery of 10 to 15 per cent during April and May 2024 compared to the corresponding period of the previous year
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According to ICRA’s latest note on the steel sector, domestic steel mills are expected to see an increase in earnings in Q1 FY2025 due to favourable trends in input costs and rising steel prices
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The market shares of the top five cement companies increased to 54 per cent as of December 2023 from 45 per cent as of March 2015 and is expected to further grow to 55 per cent as of March 2025
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