Economy

Declining stock markets for 5 consecutive months affect vehicle sales: FADA

Automobile dealers on Thursday said challenges remain, as five consecutive months of declining stock markets have dampened consumer confidence—leading to more SIP closures than new openings and reduced discretionary spending due to lower profitability. The negative sentiment was reflected in February sales as well, which witnessed a broad-based downturn across all categories—a trend anticipated in […]

Tecnotree Reports Consistent Revenue, Margin Expansion and Three Consecutive Quarters Of Positive Free Cashflow

Espoo, Finland:   Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the fourth quarter and full year of 2024. 2024 was a pivotal year for Tecnotree despite macro economic challenges, the company delivered 3 consecutive quarters of positive free […]

Economy

Thermal coal imports decline for fifth consecutive month in January 2025

India’s thermal coal imports fell for the fifth consecutive month on an annual basis in January 2025 due to rising domestic production of the critical fuel coupled with lower electricity demand during the month. According to global real-time data and analytics provider Kpler, India’s thermal coal imports, largely consumed by the Power sector, fell by […]

ART Housing Finance (India) Limited Received Fourth Consecutive Great Place To Work® Certification

ART Housing Finance (India) Limited is proud to announce its fourth consecutive Great Place To Work® certification. This recognition reaffirms our commitment to fostering a positive and supportive work environment for our employees. We are dedicated to maintaining our high standards and ensuring that ART Housing Finance remains an employer of choice.   […]

Proudly Certified as a Great Place to Work® for the Third Consecutive Year

RIA Advisory, a leading provider of revenue management solutions, is proudly celebrating its third consecutive year of earning the prestigious Great Place to Work® Certification in India. This accolade underscores the company’s unwavering dedication to cultivating a workplace that stands out for its exceptional employee experience and superior people practices.   […]

Economy

Capex may miss BE for second consecutive year; likely to see higher provision for FY26

Capital expenditure (capex) is likely to be below the Budget Estimates for the second consecutive year in the current fiscal (FY 2024-25). Despite this, the expectation is that the government will maintain capex at over 3.2-3.4 per cent of the GDP. Finance Minister Nirmala Sitharaman provided over ₹11.11 lakh crore for capital expenditure during FY25, […]