FY23

With IRDAI releasing new regulations related to surrender charges, which are significantly better than the exposure draft, the concern on likely pressure on VNB margins in the non-par segment is now behind. ICICI Prudential Life Insurance has mainta...

Godrej Consumer is focusing on category development through relevant product launches and simplification of businesses to drive consistency in performance and improve earnings growth trajectory. This will aid the company to post 11% revenue CAGR ove...

Telecom major Bharti Airtel on Monday reported a 54% YoY jump in consolidated net profit at Rs 2,442 crore for the quarter ended December 2023. The profit figure was lower than the ET NOW poll estimate of Rs 2,596 crore. The profit in Q3FY23 stood a...

IKIO Lighting is a manufacturer of LED lighting solutions. They are focused on sustainability and providing low energy LED products to help India meet its sustainability goals. IKIO’s revenue/EBITDA/PAT is expected to grow at a CAGR of 22%/27%/29%, ...

The Indian economy exhibited robust resilience in the previous fiscal, emerging among the fastest-growing economies among major nations. However, weakening consumption in the second half of FY23, subdued rural demand and sustained cost pressures rem...

Indian economy is expected to grow at 7 per cent in FY23 despite global headwinds while retail inflation would moderate in line with wholesale inflation which fell to a 25-month low in January, the Finance Ministry said on Monday.India's strong corp...

Jindal Steel and Power, a part of the OP Jindal Group, is focused on steel, power and mining businesses. The company’s ongoing capacity expansion is likely to drive steel volumes at a strong 16% CAGR over the next three years, says Vikram Kasat of P...

India's fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi's target, aided by buoyant tax receipts and some fiscal headroom from lower payments. While announcing the annual budget for...

India's gross domestic product growth could be above 7% for 2022-23, the RBI governor said on Wednesday, adding that such an outcome, if realised, should not come as a surprise. There is also a possibility that GDP growth for the last financial year...

Siemens has been a major beneficiary of the uptick in spending on railways and the expected spending on the T&D network by the government. The company has strengthened its position in key segments such as energy, mobility, smart infrastructure, whic...

Infosys reports disappointing Q4 FY23 numbers. What has gone wrong for the company? ET NOW's Managing Editor Nikunj Dalmia decodes the outlook for the company and the IT sector.TCS, Infosys results signal subdued Q4 for IT pack: ET NOW decodes weak ...

Beating analyst estimates, India's gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now estimates the overall growth rate of FY23 to be 7.2 per cent, Ministry of Statistics & Programme...

While announcing the August bi-monthly monetary policy on Friday, RBI Governor Shaktikanta Das said, “With strong and resilient fundamentals, India expected to be the fastest growing economy in FY23. Its current account deficit will remain in comfor...

Max Healthcare Institute Ltd reported robust earnings for the quarter ended September, with a profit growth of 25%, led by a strong operational performance. Further addition of beds, improved realization per patient, and optimization of case mix/pay...

Rajasthan govt has amended its combined excise policy for FY23 & FY24. The state has hiked prices for Indian made liquor and Rajasthan made liquor. How will it impact alcohol stocks? ET Now's Ashesha decodes Rajasthan govt amends combined excise pol...

RBI Governor Shaktikanta Das on Wedneday said the Monetary Policy Committee (MPC) in its meeting held from June 6 to June 8 decided to raise repo rate by 50 basis points to 4.90%. According to the provisional estimates released by the National Stati...

Kaynes Technology India Ltd is a leading end-to-end and IoT-enabled integrated electronics manufacturer. The company has seen fresh order inflows almost doubling every year since FY20. Its revenue/EBITDA/PAT is set see a robust CAGR of 41%/46%/55% o...

India's economy is expected to grow 7.0% in the current financial year, according to the first advance estimates by the National Statistical Office (NSO) released on Friday. New Delhi had pegged India's growth at 8.7% in the last fiscal year that en...