by OverviewFX | Dec 11, 2024 | Industry
Neelkanth Mishra, Chief Economist, Axis BankIndia’s economic trajectory in FY25 is under pressure with Q2 of FY25 recording a growth rate of 5.4 per cent, slowest in the last 7 quarters. Axis Bank predicts the growth estimates for FY25 and FY26 to be 6.6 per cent and...
by OverviewFX | Dec 11, 2024 | Industry
Inflation in India is unlikely to ease quickly, according to Axis Bank’s latest report, which highlights that both core and food price indices are expected to remain closely tied. Despite food and vegetable prices reaching cyclical highs, the report emphasizes...
by OverviewFX | Dec 11, 2024 | Industry
New Delhi, The Central government has released Rs 122.50 crore to over 1,700 agri-startups in the last five years under the Innovation and AgriEntrepreneurship Development programme, Minister of State for Agriculture Bhagirath Choudhary has informed the Lok Sabha.The...
by OverviewFX | Dec 11, 2024 | Industry
“So, IT, you can see across the board, the sector is witnessing new highs. Private banks, at least select private banks are touching new highs. Digital commerce companies are doing well. They are all in new highs, so on and so forth. So, it has become a very...
by OverviewFX | Dec 11, 2024 | Industry
The Supreme Court on Wednesday sought a response from the managing director of the Reliance Infrastructure subsidiary, the Delhi Airport Metro Express Pvt Ltd (DAMEPL) and the Axis Bank managing Director and others as to why contempt proceedings should not be...
by OverviewFX | Dec 11, 2024 | Industry
The Asian Development Bank (ADB) on Wednesday lowered India’s economic growth forecast to 6.5 per cent for the current financial year from its earlier estimate of 7 per cent due to lower-than-expected growth in private investment and housing demand. The...
