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MCX reports turnaround PAT of Rs 160 crore in Q3 Landmark Cars gets LoI for opening 'MG Select' dealerships in Ahmedabad & Kolkata Dixon Tech skid after Q3 PAT plunges 47% QoQ to Rs 216 cr L&T Finance PAT slides 2% YoY to Rs 626-cr in Q3 FY25 Glenmark Pharma edges higher after US launch of coagulation disorder drug Phytonadione Basic materials stocks edge higher Metal stocks edge higher Oil and Gas stocks edge higher Zomato Ltd Falls 8.88% SignatureGlobal India Ltd Spikes 2% Ugro Capital to mull fund raising on 23 Jan'25 Zomato drops after Q3 PAT tumbles 57% YoY to Rs 59 cr; Blinkit posts loss of Rs 103 cr Karur Vysya Bank gains after Q3 PAT climbs 21% YoY IDBI Bank gains as Q3 PAT climbs 31% YoY; board OKs to sell stake in PIPDIC APL Apollo Tubes edge higher as PAT climbs 31% YoY to Rs 217-cr in Q3 FY25

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Economy News

News on Indian Economy and Sectors, which have impacts in the market.

Growth in bank credit to industry decelerates to 7.8% in January: RBI

01-Mar-24 10:10 Hrs IST

Growth in bank credit to industry decelerated to 7.8 per cent year-on-year in January compared to 8.7 per cent in the same month last year, according to Reserve Bank data released on Thursday. The RBI's data on 'Sectoral Deployment of Bank Credit ? January 2024' also showed that credit growth to agriculture and allied activities improved to 20.1 per cent (year-on-year) in January 2024 from 14.4 per cent a year ago. Among major industries, growth in credit to 'food processing' and 'textiles' accelerated in January 2024 against the corresponding month of the previous year, while that of 'basic metal & metal products' and 'chemicals and chemical products' decelerated.

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