IMF today revised India's GDP growth forecast for FY22 from 8.8% to 11.5%,making it fastest growing global economy
#IMF listed India as only major economy of the world to register double-digit growth in FY22,thx to pathbreaking reforms&mega vaccine roll out by @narendramodi govt
#IMF listed India as only major economy of the world to register double-digit growth in FY22,thx to pathbreaking reforms&mega vaccine roll out by @narendramodi govt
For CY21/FY22,while IMF projects 11.5% for India,it says global GDP will grow by only 5.5%
Advanced economies to grow by just 4.3%&EMs by 6.3%
China@ 8%,Spain@5.9%&France with GDP growth of 5.5%,are the other projections
India's rebound under @narendramodi govt,to be fastest
Advanced economies to grow by just 4.3%&EMs by 6.3%
China@ 8%,Spain@5.9%&France with GDP growth of 5.5%,are the other projections
India's rebound under @narendramodi govt,to be fastest
L&T,#EPC behemoth, reported 17% rise in Profit,with margins up 80bps at 12%
Worth noting that L&T's order book at Rs 3.31 lakh Cr,is up a massive 76% YoY&the highest that it has ever reported in a quarter
Strong order inflows despite #COVID19,shows capex cycle is turning around
Worth noting that L&T's order book at Rs 3.31 lakh Cr,is up a massive 76% YoY&the highest that it has ever reported in a quarter
Strong order inflows despite #COVID19,shows capex cycle is turning around
#KotakMahindraBank saw heathy rise in standalone profit at Rs 1854Cr,up 16.2% YoY,with NII up 16.8%
Consol PAT up 10.8%
Barely 600Cr or 0.28% of loan book is troubled,as per 6th Aug circular💪
Healthy Profits came,despite #Covid provision of 1249Cr
SMA2 accounts,under control
Consol PAT up 10.8%
Barely 600Cr or 0.28% of loan book is troubled,as per 6th Aug circular💪
Healthy Profits came,despite #Covid provision of 1249Cr
SMA2 accounts,under control
*Provision of 1279Cr
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