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SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»
Russian economy on sustainable growth trajectory - Mishustin
The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday. Every sector of industry registered positive dev.....»»
Q3 GDP growth revised upward to 6 percent
The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»
Bank lending picks up pace in January
Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
BSP chief: GDP grew at faster pace in Q4
Philippine economic growth picked up further in the final quarter of last year despite the aggressive rate hikes delivered by the central bank, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Sato-Alvarez sets pace in The View Invitational
Sato-Alvarez sets pace in The View Invitational.....»»
Producer prices decline at slower pace in March
Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»
Factory activity expands at fastest pace in 5 months
The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»
Gaza war: Fierce fighting between Israel, Hamas continues as efforts for truce gains pace
International efforts towards a new pause in the devastating Gaza war gathered pace Wednesday, as Israel bombarded the Palestinian territory during fierce fighting with Hamas militants. Hamas was reviewing a proposal for a six-week truce in its war with Israel, a source told AFP, after mediators gathered in Paris. While talks take place, the population.....»»
Pace prexy cries black propa against him
Pace prexy cries black propa against him.....»»
Top Industries for New Investors: A Beginner’s Handbook
Starting your investment journey is thrilling yet challenging. To guide you, focus on your goals, risk tolerance, and market trends. Success starts with picking the right industries. Explore these three beginner-friendly options for a solid start. 1. Technology Sector The tech sector, with companies like Apple and Amazon, offers growth potential. Spread your bets to […].....»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
Dean Wade scores 20 in fourth, Cavs rally to stun Celtics and end winning streak
Cleveland Cavaliers’ Dean Wade Scores 20 Points in Fourth Quarter to Stun Boston Celtics 105-104 In a surprising turn of events, the Cleveland Cavaliers pulled.....»»
Philippines sees remittances rise 2.6 pct in March
MANILA, May 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3.05 billion U.S. dollars in March, recording a 2.6 percent growth year-on-year, the Philippine central bank said on Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances in the first quarter amounted to 9.15 billion dollars, 2.8 percent higher than the amount in the same period in 2023. The.....»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»