EVs to create $100 bn revenue opportunity for India: Bain & Company
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
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India Inc. revenues up 27% in Q2 FY23: ICRA
Companies were unable to realise the benefits of revenue growth with operating profit margin contracting to multi-year lows.
Can States Afford Doles?
Finances of states have deteriorated sharply since onset of Covid-19. The rising freebie culture will make things worse.
States' revenue may grow a modest 7-9% this fiscal: CRISIL
The biggest impetus to revenue growth will come from aggregate state GST collections.
Asian Paints Q1 profit jumps 80%; revenue rises 55%
The volume growth registered in the quarter is one of the highest in the last six quarters.
The China factor for Indian chemical companies
Indian chemical industry is set to double size in five years.
Indian economy to grow at 7-8% in H1 FY23: India Inc
CII CEOs poll reveals regardless of current disruptions, top industry CEOs have an “upbeat outlook” for H1 FY23
Auto ancillaries’ revenues to grow by 8-10% in FY2023: ICRA
Stable demand, imminent easing of supply-chain related concerns, better-than-expected export volumes reap benefit for auto ancillaries
GST unlikely to boost tax revenue of states: India Ratings
The data available so far does not instil confidence with respect to GST achieving or is on course to achieve its key objectives, says India Ratings & Research.
Sharp spike in Centre's fiscal deficit in Feb at 82.7% of FY22 target
The spike in the deficit number is majorly due to the transfers made to the states in the month of February.
