 "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 ...
 "Indian firms achieved a record cash flow of Rs 11.1 trillion in FY24, marking a dramatic 19.3% increase.")
In the financial year 2023-24, Indian companies achieved a remarkable milestone by generating a net cash flow of Rs 11.1 trillion from their operations. This figure marks the first time cash flow has crossed the Rs 10-trillion threshold, as reported by the Centre for Monitoring Indian Economy (CMIE). The new cash flow represents a significant ...
 "Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.")
In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...
 "Rebel Foods Slashes Losses with Notable Revenue Surge in FY24")
Rebel Foods, the parent company of popular cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story, has reported a significant improvement in its financial performance for the fiscal year 2024. The company narrowed its consolidated loss to Rs 378.21 crore, down from Rs 656.55 crore in the previous year. Revenue from operations grew by ...
