India Inc's margin boost cushions slower revenue growth in Q1

Households may be feeling the pinch of higher inflation but corporate India is enjoying record high margins and profits. Illustration: Uttam Ghosh/Rediff.com The combined quarterly net profit of......

Q1FY24 results: Revenue growth of early birds at a 10-quarter low

The Q1FY24 earnings season has started on a dismal note for corporate India. Illustration: Dominic Xavier/Rediff.com The early-bird companies’ revenue growth has been at a 10-quarter low,......

Favourable winds blowing for Cement sector, demand remains strong

Cement companies witnessed speculative support from investors through FY23 amid hopes of a rebound. Photograph: Rupak De Chowdhuri/Reuters After capex announcements in the FY24 Budget, there was......

Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

The central government is on track to meet its fiscal deficit target of 6.4 per cent of the GDP for 2022-23 on the back of strong growth in revenue collections, the World Bank said in its India......