Saturday, July 19, 2025

Creating liberating content

MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during

Related News

MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth for the quarter ended June 2025, supported by a rise in both interest and non-interest income. However, both lenders flagged

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simone Joyner | Getty Images Entertainment | Getty Images Astronomer, the technology

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang

Yes Bank on Saturday reported a 59% year-on-year rise in net profit to Rs 801 crore for the June quarter of FY26, buoyed by strong gains from treasury operations and

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

For the first time, a team of researchers has captured the birth of a planet around a star beyond our Sun. The observations captured the very beginnings of planet formation,

Trending News

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

HDFC Bank on Saturday reported a 1.31% decline in consolidated net profit to Rs 16,258 crore for the June 2025 quarter, down from Rs 16,475 crore in the year-ago period,

India’s economy set for Q4FY25 boost with increased government spending and capex: UBI report

Word Count: 732 | Estimated Reading Time: 4 minutes


India's economy set for Q4FY25 boost with increased government spending and capex: UBI report

NEW DELHI: India’s economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.
The report added that the Reserve Bank of India (RBI) has continued to support growth with rate cuts, liquidity provisions, and regulatory adjustments, including the reversal of macroprudential tightening.
These measures, combined with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Micro, Small & Medium Enterprises (MSME) scheme, are set to spur credit growth in the coming months.
However, the report pointed out the key risks adding that ongoing tariff wars and escalating geopolitical tensions, which could dampen the economic recovery.
India’s economic growth registered rate of 6.2 per cent in Q3FY25. However, signs of recovery are beginning to emerge, with the report projecting a 7.6% growth in Q4FY25, suggesting a potential turnaround in the months ahead.
“India’s GDP grew by 6.2% in Q3FY25 after a 7-quarter low of 5.6% (revised upwards from 5.4%) in Q2FY25. The yearly FY25 is revised from 6.4% to 6.5%, thereby we expecting a 7.6% growth in Q4FY25 to achieve the same,” the report adds.
The Gross Value Added (GVA) which is a measure of the total value created by the businesses grew by 6.2 per cent in Q3FY25 from 5.8 per cent in Q2FY25, due to robust growth in agriculture and industry, especially manufacturing activities during the quarter.
The weak GDP numbers compared to the last years can be gauged from the consumption in the economy and the latest stock market performance.
Despite the deceleration in growth, the report added that the government’s fiscal spending, along with a resurgence in consumption fueled by seasonal factors in the coming months.
In addition despite the uncertain global outlook, India’s economic momentum is expected to sustain, driven by strong rural demand and a revival in urban consumption, as highlighted by Chief Economic Adviser Anantha Nageswaran on Friday
The report also mentioned that Reserve Bank of India (RBI) has taken steps to support growth through liquidity injections and an accommodative monetary policy.
In February 2025, the RBI cut interest rates by 25 basis points, aiming to revive investment and consumption.
Additionally, the central bank has been actively managing liquidity through Open Market Operations (OMOs) and implementing regulatory leeways to encourage credit growth, particularly for MSMEs and non-banking financial companies (NBFCs).





Source link

Most Popular Articles