decline of 1.3 percent year-on-year( YoY), the country's Institute of Statistics( INSTAT) reported on

India's real GDP is expected to grow at 8-9 per cent year-on-year( YoY) in Q2FY22, Motilal Oswal

Join our Whatsapp channelISLAMABAD: Short-term inflation, measured by the Sensitive Price Index( SPI), rose 1. 73pc year-on-year during the week ending Aug 8, driven mainly by rising prices of perishable food items in the domestic market.On a week-on-week basis, the SPI inched up by 0. 05pc, according to data released on Friday. ADVERTISEMENTContinue to videoNextStayPlayback speed1x NormalQualityAutoBack720p360p240p144pAutoBack0. 25x0. 5x1x Normal1. 5x2x/ SkipAds by This marks the third consecut

Terming FY21 as an' exceptional year' Motilal Oswal Financial Services( MOFSL) in a report say government spending grew 2 per cent last fiscal.In FY21, India's real GDP contracted 7.3 per cent marking the worst fall in the past seven decades." Our calculations suggest that while real spending by the private sector fell 10 per cent in FY21, government spending grew 2 per cent in real terms." Consequently, while the private sector deducted 8.7 percentage points from the real GDP growth, the govern

The goods and services tax( GST) collection for the month of July came at Rs 1.65 trillion.... This is up 11 per cent year-on-year.... The total revenue of Centre and the states in the month of July 2023 after regular settlement is Rs 69, 558 crore for CGST and Rs 70, 811 crore for the SGST....

Eurozone inflation accelerated to 3.4 per cent year-on-year( y-o-y) in September, reaching a 13-year high, according to a flash estimate published on Friday by Eurostat, the statistical office of the European Union( EU). Energy prices were still the main driver of inflation in the 19-member eurozone, increasing by 17.4 per cent y-o-y, Xinhua news agency reported. Food, alcohol and tobacco, and non-energy industrial goods prices all recorded a 2.1 percent yearly growth.... Services price growth

Demand for office space segment is expected to rise 15-20 per cent year-on-year in 2022 as there is a great appetite in this segment, global real-estate consultancy firm Colliers said on Monday. With more than 25 years presence, Colliers, a Nasdaq-listed company, is a professional consultancy firm which provides advice to real estate occupiers, owners and investors with operations in 67 countries.." Demand continues to be led by technology companies.... However, we are seeing greater appetite f

KUALA LUMPUR: Batu Kawan Bhd’s net profit jumped 72.8% to RM330. 72mil in the first quarter ended Dec 31, 2021( 1Q22) from RM191. 35mil a year ago. Revenue during the quarter rose 60.1% to RM7. 1bil against RM4. 43bil posted a year prior. Batu Kawan said its plantation’s profit was more than doubled to RM623. 58mil during the quarter with 89.3% higher revenue of RM1. 15bil from higher crude palm oil( CPO) and palm kernel selling prices, and profit contributions from newly acquired subsidiaries.

Life insurers, 24 in all, saw an improvement in new business premiums( NBP) in June after a dip in May due to the second wave of the Coronavirus( Covid-19) pandemic.... NBP, the premium acquired from new policies for a particular year, of life insurance companies jumped 131 per cent in June compared to May numbers.... In May, life insurers had amassed NBP worth Rs 12, 976.99 crore. Private insurers, which number 23, have taken the lead when it comes to growth in business....

The government collected 1.49 trillion rupees as GST in July 2022 and 1.61 trillion rupees in June 2023.... It expects to garner 9.56 trillion rupees through GST in the current fiscal year that ends in March 2024.... The GST collections are expected to further increase in coming months with the approaching festival season, said Abhishek Jain, a partner at KPMG....