News Overview

Hero MotoCorp's total sales climbed 5.5% year on year in FY24 to 56.21 lakh units. It stated that it sold 53,28,546 units in 2022-23.

While the bank's deposits and advances grew steadily, the CASA (current account savings account) ratio fell slightly to 37.9%, down from 38.5% QoQ and 40.1% year-on-year.

In FY24, a total of 78 IPOs that listed helped raise ₹67,561 Crore.

In 2023, CTSH’s revenue declined by 0.4%, majorly due to a decline in BFSI revenues. However, the growth gap with Indian IT peers reduced in BFSI, North America and Europe. Analysts of IIFL Capital Services believe a stable CTSH can pose threat to Indian IT peers’ market share in future. Acquisitions contributed 110bps to the growth in CY23.

The decision to maintain status quo will keep the ongoing residential real estate sales momentum on course and unimpeded. Aspiring homebuyers eyeing a purchase will proceed with confidence.

Small caps may have ended the year on a volatile note, but they were still alpha champions.

The Centre had alleged in its 47-page case filed in the consumer court that Nestle had jeopardised millions of consumers' health and welfare in an attempt to increase profits.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

According to a top company executive at an investor event in March, the mining giant has more than 50 active projects and expansions in its pipeline to fuel growth.

Powell restated that considering the strength of the economy and the recent high inflation readings, the U.S. central bank has time to carefully consider its first rate cut.