In 2008-09, the industry grew by over 16 per cent at $46.3 billion.
While there was a 6 to 7 per cent increase in volume compared to last year in the first few days of the month which coincided with festivals, a large part of the demand is yet to hit the market.
The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.
"Our sales have been growing since December 2008. December 2008-July 2009 are great months", Maruti Suzuki India chairman R C Bhargava told reporters in Chennai. He hoped that the next two-three months would yield a double digit growth.
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.
Hitting back at Prashant Kishor, Kailash Vijayvargiya remarked that the country will lose a poll strategist after his part forms the government in the state after the upcoming elections in the state.
Punjab Kings defeated Royal Challengers Bengaluru by five wickets in a rain-affected IPL match reduced to 14 overs per side at the M Chinnaswamy stadium, Bengaluru, on Friday, April 18, 2025.
Inflation will stay in double digits till January, before cooling off, chief statistician Pronab Sen said on Thursday. He attributed his projections to base effect, which is the impact of inflation in a year-ago period and second round effect of commodity prices like those of oil and steel.
Economic Survey says Services Sector Negotiations at WTO Crucial.
Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.
The film will end up having a lifetime in the vicinity of Rs 125 crores but if it can stretch towards the Rs 150 crores mark then that would be a very good result for Sky Force.
Baby John had an ordinary opening day on Christmas with only Rs 11.25 crore (Rs 112.5 million) coming in.
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
'What is working is quality management, great teams, engineers, platforms, and highly differentiated services.'
After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.
The first quarter has scored mostly flops, with just one blockbuster (Chhaava) and a smattering of those which have recovered costs.
Trisha's composed 49 and pacers' excellent new ball spell fashioned India's lopsided 60-run win over Sri Lanka and their entry into the Super Six of the ICC U19 T20 Women's World Cup
The rate of price rise of food items was over 15 per cent during the same week last year.
Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.
Debutant left-arm spinner Vaishnavi Sharma (5/5) recorded the best-ever figures in the ICC Under-19 Women's World Cup, including a hat-trick, to lead India to a commanding 10-wicket victory over Malaysia.
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
Former MLA Harshwardhan Sapkal has been appointed as the new president of the Maharashtra Pradesh Congress Committee (MPCC), tasked with reviving the party in the state after its crushing defeat in the last year's assembly polls. Sapkal, a veteran politician, replaces Nana Patole, who held the position since 2021. The Congress aims to rebuild its base and prepare for upcoming local body polls, including those in Mumbai, Pune, Thane, and Nagpur. The party will also need to work with its allies, the Shiv Sena (UBT) and NCP (SP), to strengthen the opposition against the ruling BJP-led alliance.
Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.
Flying high on the country's aviation industry boom, Indian Oil Corporation expects to continue its double digit growth in the aviation fuel business despite the entry of Oil and Natural Gas Corporation into the segment.
According to government data, the Indian economy grew by an average of 8.9 per cent during the first-half of the current fiscal or the April-September period.
India's current economic growth would continue for at least 15-20 years and Rural India would be the new engine for a double digit growth, Chairman of the ICICI Bank Limited, K V Kamath said.
The private corporate sector showed improvements across various segments in the third quarter of the current financial year (Q3FY25), with the operating profit margin of listed non-financial companies increasing sequentially by 50 basis points (bps) to 16.2 per cent, according to the Reserve Bank of India (RBI) data released on Monday. Sales of listed private non-financial companies increased by 8.0 per cent during Q3FY25, compared to 5.5 per cent in the corresponding quarter a year ago. It was, however, 5.4 per cent in Q2FY25.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
Wicketkeeper-batter Kamilini, 16, smashed four boundaries and three sixes to decimate the feeble Pakistan attack after Sonam Yadav picked a four-wicket haul.
India's economy is unlikely to see double-digit growth and may grow between 8 per cent and 9 per cent this fiscal year (2021-22, or FY22), against the estimated 11.5 per cent, according to leading economists and rating agencies. The downward revision of growth projections to as low as 10 per cent is mostly on account of stringency in restrictions by states, relatively slow vaccination pace, and the possibility of a third wave of the pandemic. However, they say the impact will not be as severe as the first wave, and expect the first quarter to see positive growth.
Food budgets in urban areas spent less on protein as compared to beverages and processed foods, reveals the Household Consumption Expenditure survey data for 2023-24.
Masahiro Takedagawa, president and CEO of HSCI, feels his company can record double-digit growth this year, owing to an improving economy and continuous government effort to boost spending.
Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The county's largest IT company TCS on Friday reported a 7.2 per cent jump in December quarter net to Rs 8,701 crore on a consolidated basis, and seemed to suggest the worst is behind by projecting double-digit revenue growth for FY22. The company, a cash cow for Tata Sons, saw a 5.4 per cent growth in revenue at Rs 42,015 crore for the quarter. Operating profit margin came in at 26.6 per cent despite implementing wage hikes, after consistently missing the 26-28 per cent aspirational band for many quarters.
Vegetable prices recorded the maximum spurt in prices, up 24.55 per cent, followed by edible oils -- 17.63 per cent and milk products -- 14.94 per cent in April, year-on-year basis.
Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.
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