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Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Bharti Airtel Ltd. has emerged as the leader in India’s telecom sector, gaining market share over the past 12 months following tariff hikes implemented earlier. According to the latest data from the Telecom Regulatory Authority of India (TRAI), the country’s mobile sector saw a 14% year-on-year revenue growth, totaling Rs 2.69 lakh crore. During this period, Bharti Airtel reported the highest revenue growth of 19%, while Vodafone Idea Ltd. and Reliance Jio Infocomm Ltd.

Business

04 Dec 2024 05:45 AM 1.69k views

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Bharti Airtel Ltd. has emerged as the leader in India’s telecom sector, gaining market share over the past 12 months following tariff hikes implemented earlier. According to the latest data from the Telecom Regulatory Authority of India (TRAI), the country’s mobile sector saw a 14% year-on-year revenue growth, totaling Rs 2.69 lakh crore. During this period, Bharti Airtel reported the highest revenue growth of 19%, while Vodafone Idea Ltd. and Reliance Jio Infocomm Ltd.

Business

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

02 Dec 2024 10:09 AM 1.47k views

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024

As of October 2024, the Union government's fiscal deficit for the financial year 2024-25 stands at 46.5% of the total budgetary target, amounting to Rs 7.5 lakh crore. This is in line with the government's fiscal consolidation strategy, which aims to bring down the fiscal deficit to 4.9% of GDP for the year, an improvement from the previous fiscal year's target of 5.6%. The fiscal deficit gap, which represents the difference between government expenditure and revenue, is

Finance & Economics

29 Nov 2024 07:07 AM 1.49k views

Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024

As of October 2024, the Union government's fiscal deficit for the financial year 2024-25 stands at 46.5% of the total budgetary target, amounting to Rs 7.5 lakh crore. This is in line with the government's fiscal consolidation strategy, which aims to bring down the fiscal deficit to 4.9% of GDP for the year, an improvement from the previous fiscal year's target of 5.6%. The fiscal deficit gap, which represents the difference between government expenditure and revenue, is

Finance & Economics

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp, one of the largest two-wheeler manufacturers in India, has announced plans to enter the electric motorcycle market, making it the second legacy brand to do so. The company, known for its popular Splendor model, has already established a presence in the electric two-wheeler space with its Vida electric scooter and is now focusing on expanding its EV portfolio. This announcement comes shortly after Royal Enfield's parent company, Eicher Motors, revealed its new EV brand '

Business

18 Nov 2024 17:16 PM 2.14k views

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp, one of the largest two-wheeler manufacturers in India, has announced plans to enter the electric motorcycle market, making it the second legacy brand to do so. The company, known for its popular Splendor model, has already established a presence in the electric two-wheeler space with its Vida electric scooter and is now focusing on expanding its EV portfolio. This announcement comes shortly after Royal Enfield's parent company, Eicher Motors, revealed its new EV brand '

Business

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

Real Estate

14 Nov 2024 07:09 AM 1.56k views

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

Real Estate

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.

Business

16 Oct 2024 07:26 AM 1.1k views

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.

Business

Andhra Pradesh's Revival Under Chandrababu Naidu: A New Era for Growth and Innovation

Andhra Pradesh's Path to Growth: Andhra Pradesh is set to play a pivotal role in India's growth over the next five years under the seasoned leadership of Chandrababu Naidu. Renowned for his forward-thinking policies and introduction of pioneering technologies, Naidu's leadership is expected to steer the state toward significant advancements. With a recent assembly election victory, the NDA government aims to restore and surpass Andhra Pradesh's p

Political News

17 Sep 2024 05:19 AM 1.32k views

Andhra Pradesh's Revival Under Chandrababu Naidu: A New Era for Growth and Innovation

Andhra Pradesh's Path to Growth: Andhra Pradesh is set to play a pivotal role in India's growth over the next five years under the seasoned leadership of Chandrababu Naidu. Renowned for his forward-thinking policies and introduction of pioneering technologies, Naidu's leadership is expected to steer the state toward significant advancements. With a recent assembly election victory, the NDA government aims to restore and surpass Andhra Pradesh's p

Political News

Andhra Pradesh's Financial Revival: Chandrababu Naidu's Strategy for Economic Recovery

Chandrababu Naidu's reinstatement as Chief Minister of Andhra Pradesh has reignited hopes for the state's financial revival after a challenging five-year period under YS Jagan Mohan Reddy. The previous administration faced severe criticism for its poor financial management, including excessive borrowing and a lack of transparency, which plunged the state into a significant debt crisis. With Naidu back in power, there is a strong focus on correcting these issues and steering Andhra Pra

Political News

31 Aug 2024 11:50 AM 1.16k views

Andhra Pradesh's Financial Revival: Chandrababu Naidu's Strategy for Economic Recovery

Chandrababu Naidu's reinstatement as Chief Minister of Andhra Pradesh has reignited hopes for the state's financial revival after a challenging five-year period under YS Jagan Mohan Reddy. The previous administration faced severe criticism for its poor financial management, including excessive borrowing and a lack of transparency, which plunged the state into a significant debt crisis. With Naidu back in power, there is a strong focus on correcting these issues and steering Andhra Pra

Political News

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava

Political News

23 Aug 2024 07:14 AM 1.36k views

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava

Political News

Chandrababu Naidu Inaugurates New Companies in Sricity: A Boost to Employment and Investment

Andhra Pradesh Chief Minister Chandrababu Naidu is set to make a significant impact on the state's economic landscape with his upcoming visit to Sricity. During this visit, Naidu will inaugurate 15 new companies, which will bring a substantial investment of 900 crore rupees into the region. This initiative is expected to generate approximately 2,740 new jobs, offering a boost to local employment and signaling a strong commitment to economic development. The inauguration event wi

Political News

19 Aug 2024 05:19 AM 1.3k views

Chandrababu Naidu Inaugurates New Companies in Sricity: A Boost to Employment and Investment

Andhra Pradesh Chief Minister Chandrababu Naidu is set to make a significant impact on the state's economic landscape with his upcoming visit to Sricity. During this visit, Naidu will inaugurate 15 new companies, which will bring a substantial investment of 900 crore rupees into the region. This initiative is expected to generate approximately 2,740 new jobs, offering a boost to local employment and signaling a strong commitment to economic development. The inauguration event wi

Political News

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159th Scottish Highland Gathering & Games: Celebrating Scotland’s Rich Culture in Pleasanton

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Yuzvendra Chahal Divorce Case Expedited: Bombay High Court Waives Cooling-Off Period

"Top 10 Fall Foods for Boosting Health and Immunity"

President Trump to double steel tariffs to 50% in push to boost U.S. manufacturing

Tulsi Gabbard flags terror vetting gaps among Afghan evacuees after US withdrawal

Steve Smith Slams Record-Breaking Century Against India at MCG

India's Foreign Exchange Reserves Rise to $658.1 Billion

Full-Stack Developer Roadmap for 2025: Skills You Need to Succeed

8 Effective Remedies to Prepare for a Summer Heat Wave

#ap-fiscal-growth

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

Airtel Gains Market Share, Leads Telecom Sector Growth: CLSA

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024

Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Hero MotoCorp to Launch Electric Motorcycle, Expands EV Portfolio with New Models

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

India Can Achieve Economic Growth Comparable to China, Says CII Chairman

Andhra Pradesh's Revival Under Chandrababu Naidu: A New Era for Growth and Innovation

Andhra Pradesh's Revival Under Chandrababu Naidu: A New Era for Growth and Innovation

Andhra Pradesh's Financial Revival: Chandrababu Naidu's Strategy for Economic Recovery

Andhra Pradesh's Financial Revival: Chandrababu Naidu's Strategy for Economic Recovery

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

Chandrababu Naidu Inaugurates New Companies in Sricity: A Boost to Employment and Investment

Chandrababu Naidu Inaugurates New Companies in Sricity: A Boost to Employment and Investment

159th Scottish Highland Gathering & Games: Celebrating Scotland’s Rich Culture in Pleasanton

Sell America trade accelerates as Trump–Europe tensions shake global markets

Yuzvendra Chahal Divorce Case Expedited: Bombay High Court Waives Cooling-Off Period

"Top 10 Fall Foods for Boosting Health and Immunity"

President Trump to double steel tariffs to 50% in push to boost U.S. manufacturing

Tulsi Gabbard flags terror vetting gaps among Afghan evacuees after US withdrawal

Steve Smith Slams Record-Breaking Century Against India at MCG

India's Foreign Exchange Reserves Rise to $658.1 Billion

Full-Stack Developer Roadmap for 2025: Skills You Need to Succeed

8 Effective Remedies to Prepare for a Summer Heat Wave

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