World Bank says India’s projected growth forecast is at 7.5%;

India is all set to grow by 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The Bank... Read more »

Will India Housing Sector Return to Favour with PE Firms?

narguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into... Read more »

GST collection sets record high of Rs 1.13 lakh crore in April

The government hit the highest Goods and Services Tax collection since its roll out for April. The government reported a 10.05 percent year-on-year rise in the Goods and Services Tax... Read more »

GST revenue reaches record high of Rs 1.06 trillion in March says Finance Ministry

GST collections rose to a record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid increased number... Read more »

Nomura sees GDP growth target below 7% in 2019-20

The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report... Read more »

Government likely to lower corporate tax in wake of GST collection rise

The government has agreed to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said... Read more »

ICEX Commences Trading in Steel Long Futures

With the launch of steel futures, Indian Commodity Exchange Limited (ICEX) is widening its product offerings to its existing product portfolio of diamond derivatives. The availability of futures trading... Read more »

Nielsen India Unveils FMCG groeth report for quarter ended 30th June

 Nielsen India unveiled its’s FMCG quarterly report for the quarter ended 30th June 2018 (AMJ). In the last quarterly Jan – March, 2018 report Nielsen had projected that FMCG manufacturers... Read more »

Shoppers Stop EBIDTA increases by 37% and PBT by 347%

Shoppers Stop Limited (SSL) has reported earnings for the first quarter ended June 30, 2018 with a significant improvement in EBITDA and PBT/PAT. During the quarter under review, Shoppers... Read more »

GST rationalisation to strengthen demand for consumer discretionary

Acuite believes that the reduction of GST on over 50 items, largely consumer durables will boost consumption in the economy and is likely to have a positive impact on... Read more »