by TEXTILE VALUE CHAIN | Dec 13, 2024 | Finance & Economy, News & Insights
CPI: The CPI inflation moderated to 5.5% in November from 6.2% in October. Vegetable inflation that has been a culprit in the last few months, moderated to 29% in November from a high of 42% in the previous month. Just by excluding vegetables, CPI inflation stands at...
by TEXTILE VALUE CHAIN | Dec 12, 2024 | Finance & Economy, News & Insights
Highlights: The corporate performance of the non-financial firms softened in Q2 FY25 as net sales further slowed, and profitability contracted more deeply. The moderation in the sales growth can be attributed to a weakening urban consumption demand and sluggish...
by TEXTILE VALUE CHAIN | Dec 12, 2024 | Business & Policy, Finance & Economy, News & Insights
Overview: The life insurance industry reported a higher sequential Annual Premium Equivalent (APE) growth of 19.9% y-o-y in November 2024, compared to 10.6% in October 2024, following a strong H1FY25. Private life insurers drove this growth. Another factor impacting...
by TEXTILE VALUE CHAIN | Dec 9, 2024 | Finance & Economy, News & Insights
Synopsis: Scheduled Commercial Banks’ (SCBs) credit offtake rose by 12.6% (y-o-y) in Q2FY25. Meanwhile over the last six months, in absolute terms, credit expanded by Rs 13.4 lakh crore from December 2023. This growth has been driven by demand for personal loans,...
by TEXTILE VALUE CHAIN | Dec 9, 2024 | Finance & Economy, News & Insights
Highlights: France’s general government (GG) debt-to-GDP is expected to reach 112% in 2024, up from 95% in 2014. Post 2014, there has been divergence in the debt-to-GDP path between France and the other Euro Area counterparts and the divergence is expected to grow...
by TEXTILE VALUE CHAIN | Dec 9, 2024 | Finance & Economy, News & Insights
Overview In October 2024, the spread between the outstanding weighted average lending rate (WALR – Lending Rate) and the weighted average domestic term deposit rate (WADTDR – Deposit Rate) for scheduled commercial banks (SCBs) decreased marginally by one basis point...
by TEXTILE VALUE CHAIN | Dec 7, 2024 | Finance & Economy, News & Insights
Synopsis Net Interest Income (NII) of select Scheduled Commercial Banks (SCBs) grew by 8.1% year-on-year (y-o-y) to Rs.2.05 lakh crore in Q2FY25, driven by healthy business growth. This was partially offset by rising deposit costs and slower growth in yields on...
by TEXTILE VALUE CHAIN | Dec 7, 2024 | Finance & Economy, News & Insights
Highlights: The MPC maintained the policy repo rate and stance with a 4:2 majority. The RBI has decided to reduce the CRR by 50 bps, aligning it with pre-pandemic levels. While the RBI has reduced the FY25 growth projections to 6.6%. CPI inflation projection was...
by TEXTILE VALUE CHAIN | Dec 6, 2024 | Business & Policy, Finance & Economy, News & Insights
The process of burning an ISO file to a USB drive involves creating a bootable USB drive that can be used to install or run an operating system, software, or multimedia content directly from the USB drive. This method provides a convenient and portable way to access...
by TEXTILE VALUE CHAIN | Dec 5, 2024 | Finance & Economy, News & Insights
The CareEdge Debt Quality Index (CDQI) has witnessed upward trend since November 2021. This index rose further to 95.04 in September 2024 as compared to 94.92 in August 2024, driven by upgrades and increased rated debt in the investment grade rating categories....
by TEXTILE VALUE CHAIN | Dec 5, 2024 | Finance & Economy, News & Insights
Today, in such a competitive business environment, it is preferable to know how the assets of your company are performing. Financial analysis tools allow businesses to retrieve useful information that acts as a basis for making decisions, increasing profit, and...
by TEXTILE VALUE CHAIN | Dec 3, 2024 | Finance & Economy, News & Insights
Highlights: IIP rebounded to 3.1% in September from -0.1% in August. Manufacturing sector output grew by 3.9% (Vs 1.1% in August). Output of consumer durable and non-durable goods increased by 6.5% and 2%, respectively. Recent signs of softening urban demand require...
