RBI Governor Sanjay Malhotra promoted India as a prime long-term investment destination, citing its robust growth and stability amidst global economic challenges. India’s average annual growth rate of 8.2% over the past four years makes it the fastest-growing major economy. Strong domestic demand, policy continuity, and significant foreign exchange reserves further enhance India’s attractiveness to investors.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.