Daily Archives: January 17, 2025

Jio Financial Q3 Results | Net profit flat at ₹295 crore, revenue rises 6% to ₹438 crore

Jio Financial Services Ltd (JFSL), the financial services arm of Reliance Industries Ltd (RIL), on Friday (January 17) reported a 0.3% year-on-year (YoY) increase in net profit at ₹294.8 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Jio Financial Services posted a net profit of ₹293.8 crore.…

IMF retains India’s economic growth outlook for FY26 and FY27 at 6.5%

The International Monetary Fund (IMF) on Friday retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential”.     “The growth in India had slowed more than expected, led by a sharper-than-expected deceleration in industrial activity,” the IMF said in the update to its…