 "India’s GDP Growth Hits Five-Quarter Low Amid Economic Shifts and Challenges")
India’s economic growth for the June quarter slowed to 6.7%, marking a five-quarter low, primarily due to a rise in net indirect taxes. The growth fell short of the Reserve Bank of India’s 7.1% prediction and a Reuters poll estimate of 6.9%. Despite this, the gross value added (GVA) showed sequential growth at 6.8%. Agricultural ...
 "India’s Economic Resilience: Rural Growth Fuels 7% GDP Aspirations Amid Challenges")
India’s GDP grew by 6.7 percent in the first quarter of FY25, according to Chief Economic Advisor V Anantha Nageswaran. He emphasized a positive trend in rural consumption, supported by good monsoon conditions, which could boost overall economic growth to 7 percent in the medium term. While some experts expected growth to slow due to ...
India’s GDP has shown a growth of 6.7% in the first quarter of FY25, a drop from 8.2% the previous year. Meanwhile, Vedanta’s subsidiary faces a tax demand of Rs 11.87 crore. The growth in eight key infrastructure sectors slowed to 6.1% in July, primarily due to decreased output in crude oil and natural gas. ...
 "Balmer Lawrie Targets Rs 6,000 Crore Revenue by 2030 with Strategic Growth Plan")
Balmer Lawrie, a diversified public sector company, is set to achieve a revenue target of Rs 6,000 crore by 2030. Currently generating Rs 2,400 crore, the firm recently signed a Memorandum of Understanding with the government for a revenue goal of Rs 3,400 crore in the current financial year. The company, which operates in grease ...
 "Reliance Aims for Double Growth by FY28 Amid Mixed Analyst Sentiments")
At Reliance Industries’ 47th Annual General Meeting, Chairman Mukesh Ambani announced ambitious plans to double the company’s size by FY28. Despite this, analysts remain cautiously optimistic, noting that the stock price reflects much of the good news already. The company is focusing on advancements in artificial intelligence for Reliance Jio and using deep-tech initiatives to ...
 "HCLTech Soars: Brokerage Upgrades Target Amid Promising Growth Prospects!")
Nuvama, a domestic brokerage, has upgraded its target price for HCL Technologies (HCLTech) to Rs 2,020 per share, a 15.5% increase from the previous Rs 1,800. The upgrade reflects HCLTech’s robust growth potential and improved capital allocation strategy. Key drivers include significant growth in data, AI, and cloud services, with management predicting double-digit industry growth ...
 "Billionaire Gautam Adani and his family have topped the 2024 Hurun India Rich List, despite facing allegations from Hindenburg Research last year. Their wealth surged by 95% to Rs 11.61 trillion, dethroning Mukesh Ambani. Adani recorded the highest wealth growth among India’s top ten richest, with significant gains in sectors like ports and energy. The list also highlights Bollywood’s increasing wealth, with Shah Rukh Khan entering for the first time. Overall, India’s billionaires added Rs 28 trillion, representing over half of the nation’s GDP, as the country becomes Asia’s “wealth creation engine.”")
Adani has surpassed Ambani to become India’s richest person according to the latest Hurun list. In an exciting twist, Bollywood superstar Shah Rukh Khan has made his debut on the list. This marks a significant shift in India’s wealth landscape, highlighting the rapid rise of Adani and the enduring popularity of SRK. Read on to ...
 "In a riveting update at the 47th AGM, Reliance Industries Chairman Mukesh Ambani announced that Reliance Jio has ascended to unparalleled heights, becoming the world’s largest data network while catalyzing India’s transformation into the largest data market globally. With the triumphant completion of its nationwide 5G rollout, the telco now boasts over 130 million 5G users, eyeing massive growth in home broadband services targeting 1 million new customers monthly. As 5G adoption soars, Jio’s strategic position to absorb 200 million 2G users opens new vistas, solidifying its dominance in the digital era.")
Reliance Jio has become the world’s largest data company, handling 8% of the global internet traffic according to Chairman Mukesh Ambani. This achievement highlights Jio’s rapid growth and its pivotal role in enhancing digital connectivity on a global scale. Read more to find out how Jio is transforming the data landscape and what this means ...
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