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Growth Forecast - State Bank of India’s Profit Beats Forecasts on Credit Growth
State Bank of India reported stronger-than-expected profit for the second quarter, supported by robust credit growth as retail consumers increased spending during the country’s festive season.
EY upgrades UK growth forecast to 1.5% following increased government spending
Consultancy and audit giant EY has upgraded its UK growth forecast for 2025 from 1% to 1.5% after increases in public spending.
Rocket Companies (RKT): High Growth Forecasts Face Scrutiny Given 9.1x Price-To-Sales Premium
Rocket Companies (RKT) remains unprofitable, with losses having increased at a rate of 49.5% per year over the past five years. Looking ahead, analysts forecast the company will become profitable ...
Bank of England faces knife-edge decision on rate cut as inflation eases but growth risks mount
The Bank of England is poised for a finely balanced vote next week on whether to cut interest rates to 3.75%, as falling inflation meets fresh concerns over growth and looming tax rises in Rachel ...
Schneider Electric beats organic growth forecast as AI boom fuels data centre demand
Schneider Electric’s organic revenue growth beat quarterly estimates on Thursday, propelled by surging demand for data centers that power artificial intelligence, as the French industrial group cement ...