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International Monetary Fund (IMF) raised India’s GDP growth forecast to 7% for FY25

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International Monetary Fund (IMF) raised India’s GDP growth forecast to 7%

International Monetary Fund (IMF) raised India’s GDP growth forecast for the fiscal year 2024-25 (FY25) to 7% in its July 2024 World Economic Outlook Update. International Monetary Fund increased GDP from its previous forecast of 6.8% in April 2024. The upward revision is attributed to stronger domestic demand that’s Improving private consumption, especially in rural Read more: International Monetary Fund (IMF) raised India’s GDP growth forecast to 7% for FY25..

Adidas Q2 2024 preliminary results out – revenues increased Check

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Adidas Q2 2024 preliminary results out - revenues increased Check

Adidas Q2 2024 preliminary results: Adidas today announced preliminary results for the second quarter of 2024. The company’s currency-neutral revenues increased 11% compared to last year. The gross margin reached 50.8%. Profit increased to €346 million from €176 million. The company increased its full-year guidance due to strong performance. Adidas now expects currency-neutral revenue to Read more: Adidas Q2 2024 preliminary results out – revenues increased Check..

General Motors backs away from its 1 million EV sales target till 2025

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General Motors backs away from its one million EV sales target

General Motors (GM) announced that it will not meet its target of producing one million electric vehicles (EVs) in North America by the end of 2025. Mary Barra, CEO General Motors cited a slower-than-expected development of the EV market as the reason for the delay. He acknowledged that the EV market is developing more slowly Read more: General Motors backs away from its 1 million EV sales target till 2025..