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Q3

Q3 GDP may slide to 6.7-6.9% on poor farm sector show: SBI Research

Q3 GDP may slide to 6.7-6.9% on poor farm sector show: SBI Research

Wed, Feb 28, 2024

The 6.7-6.9 per cent growth forecast by SBI Research is lower than the Reserve Bank's 7 per cent growth projection for the quarter.

HDFC Bank tumbles 9% post-Q3 results; what's hurting the sentiment?

HDFC Bank tumbles 9% post-Q3 results; what's hurting the sentiment?

Wed, Jan 17, 2024

HDFC Bank results, HDFC Bank share price today, HDFC Bank share price target: HDFC Bank, the country's largest private sector lender, reported a standalone net profit of Rs 16,372.5 crore for the October-December period (Q3 FY24), in line with Street estimates.

Wipro Q3 results today: Revenue likely to drop in December quarter; here's what we can expect from IT major

Wipro Q3 results today: Revenue likely to drop in December quarter; here's what we can expect from IT major

Fri, Jan 12, 2024

Wipro Q3 results 2024 expectations: Wipro is all set to report its financial results for the October-December period on Friday, January 12, a day after IT giants TCS and Infosys posted in-line numbers for the quarter ended December 31, 2023 (Q3 FY24).

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India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

India's current account deficit likely to be 1.3% of GDP in 2017: Nomura

Mon, Jan 16, 2017

India's current account deficit (CAD) is expected to be around 1.3% of GDP in 2017 as against a deficit of 0.8% in 2016, says a report.

RBI may cut repo rate by 25 basis points in February: HSBC report

RBI may cut repo rate by 25 basis points in February: HSBC report

Fri, Jan 13, 2017

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4% CPI in medium term, Reserve Bank of India (RBI) may cut repo rate for the final time by a 25 basis points (bps) in the February policy, says a report.

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Post demonetisation, consumer demand likely to be normal by April-June quarter of 2017: CII

Fri, Jan 13, 2017

Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.

India to see lower GDP growth for two quarters on cash crunch: HSBC

India to see lower GDP growth for two quarters on cash crunch: HSBC

Thu, Jan 12, 2017

India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Tue, Jan 10, 2017

After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.

Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India

Demonetisation: Residential market witnesses worst fall in H2 2016, says Knight Frank India

Tue, Jan 10, 2017

Residential market has witnessed a decline in the second half (H2) of 2016 on the back of the government's demonetisation move resulting in fall in sales volume and new launches in the fourth quarter (Q4) of 2016, said a latest report by Knight Frank India.

Demonetisation kills Navratri appetite of fast food restaurants

Demonetisation kills Navratri appetite of fast food restaurants

Mon, Jan 09, 2017

Fast food or Quick Service Restaurants (QSRs) turned vegetarian and refurbished their menus only to have their efforts washed out by the government's demonetisation decision. Analysts predict lower sales growth for the quarter ending December 31.

China central bank adviser calls for flexible 2017 growth target

China central bank adviser calls for flexible 2017 growth target

Sun, Jan 01, 2017

The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on Sunday.

Japan's October core machinery orders rise, beating expectations

Japan's October core machinery orders rise, beating expectations

Mon, Dec 12, 2016

Japan`s October core machinery orders rose for the first time in three months to beat expectations, government data showed - a tentative sign of a pickup in capital expenditure.

Govt must up public expenditure to push consumption: Assocham

Govt must up public expenditure to push consumption: Assocham

Sun, Dec 04, 2016

Arguing that private consumption will take a "significant hit" at least in the next two quarters following demonetisation, Assocham on Sunday said the government should jack up its public expenditure in 2016-17.

Consumers, exports give US economy muscle in the third-quarter

Consumers, exports give US economy muscle in the third-quarter

Wed, Nov 30, 2016

The US economy grew faster than initially estimated in the third quarter (Q3), notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports.

Demonetisation to impact Q3,economy will come back to new normal: Sitharaman

Demonetisation to impact Q3,economy will come back to new normal: Sitharaman

Sat, Nov 26, 2016

The demonetisation of Rs 500 and Rs 1,000 notes will have an impact on growth in the current quarter but the economy will gradually come back to the 'new normal', Commerce and Industry Minister Nirmala Sitharaman said.

Demonetisation: PC, mobile devices market to see slowdown in Q4 2016, says IDC India

Demonetisation: PC, mobile devices market to see slowdown in Q4 2016, says IDC India

Fri, Nov 25, 2016

The Government of India's ongoing demonetisation drive is likely to slow down personal computer (PC) and mobile devices market in the fourth quarter (Q4) of 2016 due to cash crunch in the country, said a global market intelligence and advisory company IDC India on Friday.

Twitter says chief operating officer Adam Bain to step down

Twitter says chief operating officer Adam Bain to step down

Thu, Nov 10, 2016

Just weeks after reporting job cuts and a disappointing fiscal quarter, Twitter announced on Wednesday that chief operating officer Adam Bain is leaving the company.

ArcelorMittal steels investors for brittle profits

ArcelorMittal steels investors for brittle profits

Tue, Nov 08, 2016

Global steel giant ArcelorMittal said on Tuesday it has earned a net profit of $700 million (633 million euros or nearly Rs 4,656.93 crore) last quarter, but warned low prices in the United States (US) and rising input costs would squeeze future earnings.

India's gold demand falls over 28% in Q3 of 2016: WGC

India's gold demand falls over 28% in Q3 of 2016: WGC

Tue, Nov 08, 2016

India's gold demand has fallen over 28% in the third quarter (Q3) of 2016 on the back of strict government policies, high and volatile gold prices and fragile sentiment among the rural population, according to World Gold Council's (WGC) latest 'Gold Demand Trends' report.

Zain to pay Bharti Airtel nearly Rs 858 crore in Africa business sale settlement

Zain to pay Bharti Airtel nearly Rs 858 crore in Africa business sale settlement

Thu, Nov 03, 2016

Zain, Kuwait's number one telecom operator by subscribers, on Thursday, said it will pay $129 million (nearly Rs 858.20 crore) to Bharti Airtel over a settlement related to the sale of Zain's Africa operations to the Indian firm in 2010.

Indians most confident about jobs, finances in Q3: Nielsen

Indians most confident about jobs, finances in Q3: Nielsen

Tue, Nov 01, 2016

Indians were the most confident globally when it came to job prospects, personal finances and immediate spending intentions in the third quarter (Q3) of 2016, according to global performance management company Nielsen.

Grade A office space worth nearly 10 million sq ft absorbed in Q3: Report

Grade A office space worth nearly 10 million sq ft absorbed in Q3: Report

Sun, Oct 30, 2016

Nearly 9.6 million square feet Grade A office space was absorbed during the July-September quarter of this year, a report said.

China's GDP growth stable at 6.7% in third quarter: Govt

China's GDP growth stable at 6.7% in third quarter: Govt

Wed, Oct 19, 2016

China's growth was steady at 6.7% in the third quarter (Q3), government data showed on Wednesday, a sign of stabilisation in the world's second-largest economy. The results slightly exceeded the median analyst expectation of 6.6% in an AFP poll.

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