Articles for tag: Ahead, Challenges, Cuts, Economy, Faces, FY24, Growth, Indias, Inflation, Potential, Rate, RBI, Surged

Market News

India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.

India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.

India’s economy is showing remarkable resilience, with a growth rate of 8.2% recorded in FY24. S&P Global Ratings has kept its GDP growth forecast for FY25 at 6.8%, acknowledging that the Reserve Bank of India may reduce interest rates as early as October due to moderated urban demand. The Indian government’s focus on fiscal consolidation ...

Market News

Facing dire financial struggles, SpiceJet aims for a fleet revival to 100 aircraft by 2026, battling legal and operational challenges.

Facing dire financial struggles, SpiceJet aims for a fleet revival to 100 aircraft by 2026, battling legal and operational challenges.

SpiceJet, the domestic airline based in Gurugram, aims to expand its fleet to 100 aircraft by 2026, following a successful fundraising of Rs 3,000 crore through a qualified institutional placement. Chairman Ajay Singh noted that past challenges, including the grounding of Boeing 737 Max planes and the Covid-19 pandemic, have impacted the airline’s performance. Although ...

Market News

Kharge Challenges Modi’s ‘Biryani Diplomacy’: Congress Reclaims Kashmir Identity Amid Accusations of Pairing with Pakistan!

In a recent press conference in Jammu, Congress President Mallikarjun Kharge strongly defended the Congress-National Conference alliance in Jammu and Kashmir against accusations from Prime Minister Narendra Modi and Home Minister Amit Shah. They claimed the alliance was aligning with Pakistan’s interests. Kharge labeled these allegations as false and emphasized that Congress’s agenda is centered ...

Market News

Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.

Pernod Ricard India anticipates strong double-digit growth in the medium term, driven by a growing trend towards premium products. Jean Touboul, CEO of Pernod Ricard India, highlighted that India has become the company’s second-largest Market globally. Despite facing regulatory challenges, including losing their liquor license in Delhi, Touboul remains optimistic and is actively seeking to ...

Market News

A pivotal report on ‘One Nation, One Election’ sparks debate as India contemplates synchronized polls amid constitutional challenges.

A pivotal report on ‘One Nation, One Election’ sparks debate as India contemplates synchronized polls amid constitutional challenges.

The Union Cabinet has recently approved the ‘One Nation, One Election’ proposal, allowing simultaneous elections for the Lok Sabha and state Assemblies. This significant initiative, reported on September 18, aims to streamline the electoral process in India. A report by a committee led by former President Ram Nath Kovind highlighted the need for adjusting current ...

Market News

Delhi’s Atishi becomes the youngest woman chief minister, poised to tackle political challenges while rolling out vital welfare schemes.

Delhi’s Atishi becomes the youngest woman chief minister, poised to tackle political challenges while rolling out vital welfare schemes.

Atishi Marlena has made history by becoming the third and youngest female Chief Minister of Delhi, following her election by Aam Aadmi Party legislators. Aiming to strengthen support among women and lower-income groups, Atishi plans to implement key welfare initiatives, including a monthly allowance for eligible women under the Mahila Samman Yojana. She faces challenges ...

Market News

Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

Tata’s Chairman N Chandrasekaran reveals a bold transformation towards green energy and AI, amidst job cuts and industry challenges.

N Chandrasekaran, the Chairman of Tata Group, revealed in a recent Financial Times interview that the company is undergoing significant changes to embrace new-age sectors like semiconductors, electronics, and renewable energy. He emphasized that these transitions, although challenging, are essential for preparing the group for the future. Tata Group is enhancing its online offerings and ...

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