In an outlook for India's capital goods sector, leading manufacturers are poised for sustained double-digit revenue growth amidst robust government and private sector spending
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The data suggests spending on food has significantly dropped both in rural and urban areas.
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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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The RBI has revised up GDP growth for fiscal 2025 to 7.2 per cent from 7.0, with 7.3 per cent projected in the first quarter
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There are concerns about a potential shift towards populist subsidies, which could impact short-term inflation and fiscal discipline
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Gartner predicts public cloud spending to surpass USD 1 trillion by the decade's end, driven by growth in AI and application modernisation
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The report points out a few reasons why household spending might not bounce back strongly.
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The report points out a few reasons why household spending might not bounce back strongly.
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India's Defence Budget for the Financial Year 2024-25 has also reached an unprecedented Rs 6,21,540.85 crore, marking a substantial increase over the past five years
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Kotak Mahindra Bank expects the government cash balance to have increased to around Rs 2.4 trillion led by a higher share of GST collections compared to the previous week
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