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Raisina Down Under 2024: Strengthening India-Australia Ties
The Raisina Down Under 2024 event held in Canberra focused on the strengthening of the strategic partnership between India and Australia. This confere...
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E-Commerce Platforms in India Generate Rs. 1 Trillion in Sales This Festive Season
During the recent festive season, e-commerce platforms in India achieved remarkable success, generating approximately Rs. 1 trillion (US$ 11.9 billion...
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BFSI Sector in India Set to Surpass Record Office Leasing of 11 Million Square Feet
The banking, financial services, and insurance (BFSI) sector in India is projected to exceed last year's record of approximately 11 million square fee...
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White-Collar Hiring in India Grows 10% YoY in October, Driven by Key Sectors
In October, white-collar hiring activity in India experienced a remarkable 10% year-on-year growth, as reported by the Naukri JobSpeak Index. The inde...
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Government e-Marketplace Introduces 170 New Seed Categories for Agriculture
The Government e-Marketplace (GeM) has recently launched 170 new seed categories on its portal, significantly simplifying access to quality agricultur...
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Jagdeep Dhankhar Urges Shift from Colonial Practices in Public Administration
During the 70th Annual Meeting of the Indian Institute of Public Administration (IIPA) in New Delhi, Vice-President Mr. Jagdeep Dhankhar made a compel...
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India's Manufacturing Sector Sees Growth Revival in October PMI
In a positive turn for the Indian economy, India's manufacturing sector demonstrated a notable revival in growth at the beginning of the third quarter...
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Tech Giants and E-Commerce Firms See Surge in Advertising Revenues
In a notable development for the digital advertising landscape in India, major tech and e-commerce companies, including Google, Meta, Amazon, and Flip...
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India’s Digital Payments Reach New Heights: UPI Transactions Hit Record High
In October 2024, India’s Unified Payments Interface (UPI) achieved a remarkable milestone, recording 16.58 billion transactions valued at approximat...
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India's Export Competitiveness Surges Across Key Sectors
India has made remarkable advancements in its export competitiveness over the past five years, showcasing significant growth across several key sector...
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India’s GST Collections Surge to Six-Month High in October 2024
India’s GST Collections Surge to Six-Month High in October 2024In October 2024, India’s Goods and Services Tax (GST) collections reached a signifi...
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HSBC India Manufacturing PMI Surges to 57.5 in October, Reflects Strong Market Momentum
The HSBC India Manufacturing PMI climbed to 57.5 in October 2024, slightly higher than the flash estimate of 57.4 and marking a substantial rise from ...
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Visa and Coinbase Partner for Instant Cryptocurrency Transactions via Visa Cards
In a groundbreaking move for the cryptocurrency industry, Visa and Coinbase have announced a partnership aimed at revolutionizing the way users transa...
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RBI Repatriates 102 Tonnes of Gold from Bank of England, Boosting India's Reserves
The Reserve Bank of India (RBI) has taken a significant step toward economic sovereignty and national security by repatriating 102 tonnes of gold from...
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Broadband Expansion Drives Job Growth in India’s Telecom Sector: TeamLease Report
India’s broadband market is witnessing a major expansion, driven by telecom companies shifting focus from traditional mobility products to broadband...
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India’s Real Estate Sector Sees Record-Breaking IPO Surge in 2024
In a remarkable turn of events, India's real estate sector has experienced a significant surge in initial public offerings (IPOs) in 2024, with a tota...
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Diwali 2024 Expected to See Strong Demand for Gems and Jewellery in India
The gems and jewellery industry in India is gearing up for robust sales during the Diwali season of 2024, with domestic sales projections surpassing U...
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Tata Aircraft Complex Inauguration Marks Major Step in India's Defence Self-Reliance
On October 28, 2024, the inauguration of the TATA Aircraft Complex at Tata Advanced Systems Limited (TASL) Campus in Vadodara, Gujarat, marked a histo...
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PM Modi Inaugurates Healthcare Projects Worth $1.53 Billion on Ayurveda Day
Prime Minister Narendra Modi inaugurated a series of transformative healthcare projects worth US$ 1.53 billion (Rs. 12,850 crore) on Tuesday, October ...
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India Poised to Become Third-Largest Economy by 2047, Says President Murmu
In a recent address, President Droupadi Murmu highlighted India’s position as the fastest-growing major economy in the world. Expressing her confide...
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PM Modi and Spain's PM Sanchez Inaugurate TATA Aircraft Complex in Gujarat
In a significant development for India's defense manufacturing sector, Prime Minister Narendra Modi, alongside Spanish Prime Minister Pedro Sanchez, i...
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India’s Venture Capital Funding Sees 50.4% YoY Growth in 2024
Venture capital (VC) funding in India has witnessed remarkable growth in the first three quarters of 2024, with an increase of 50.4% Year-over-Year (Y...
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Government Explores AI Integration for Traffic Management and Road Safety
The Indian government is taking significant steps toward improving road safety and traffic management through the integration of artificial intelligen...
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German Vice-Chancellor Calls for Trade Policy Recalibration at Asia Pacific Conference
During the 18th Asia Pacific Conference of German Business held in New Delhi on Friday, Vice-Chancellor and Federal Minister for Economic Affair...
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Piyush Goyal Emphasizes India-Germany Collaboration for Global Advancements
At the inauguration of the 18th Asia Pacific Conference of German Business (APK) in New Delhi, Union Minister of Commerce and Industry, Piyush Goyal, ...
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PM Modi Invites German Businesses to Invest in India's Growth
At the 18th Asia-Pacific Conference of German Business 2024, Prime Minister Narendra Modi made a compelling invitation to German businesses to invest ...
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Government Raises Loan Ceiling under Pradhan Mantri Mudra Yojana to Stimulate Entrepreneurship
In a significant move to bolster entrepreneurship in India, the Finance Ministry announced an increase in the loan ceiling under the Pradhan Mantri Mu...
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Government Proposes New Policy to Regulate OTT Services Amid Complaints
The government has announced a significant move to enhance the regulation of Over-The-Top (OTT) services. Union Minister of State for Information and ...
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BSNL Gains Lakhs of New Subscribers as Jio, Airtel, Vi Raise Tariffs by 15%
In July 2023, private telecom giants Jio, Airtel, and Vi implemented a notable 15% hike in their mobile recharge tariffs for both prepaid and postpaid...
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BSNL Gains Momentum as Consumers Migrate Amid Rising Telecom Recharge Costs
The recent hike in recharge plans by major private telecom companies has led many consumers to switch to Bharat Sanchar Nigam Limited (BSNL), drawn by...
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PMMY Loan Limit Increase: Up to ₹20 Lakh Now Available for Small Businesses
PMMY Loan Limit Raised to Spur Entrepreneurial GrowthIn a significant move to bolster entrepreneurial activity, the Indian government has announced an...
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CBDT Extends ITR Filing Deadline to November 15 for Assessment Year 2024-25
In a relief to taxpayers and the professional community, the Central Board of Direct Taxes (CBDT) announced an extension of the Income Tax Return (ITR...
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Major ETF Providers Launch Funds Targeting $10 Billion in Indian Bond Inflows
In a notable shift in the investment landscape, major exchange-traded fund (ETF) providers are intensifying their competition for the anticipated bill...
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Nvidia's CEO Predicts 20x Computing Growth in India, Emphasizes AI Export Potential
India is poised to make a remarkable leap in its computing capabilities, with projections indicating a 20-fold increase in computing capacities by 202...
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Cabinet Approves Major Railway Projects to Boost Connectivity and Employment
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Mr. Narendra Modi, has recently approved two significant railway projects ...
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Enhancing Road Safety: Nitin Gadkari Highlights Urgent Need for Advanced Technologies
At the 12th edition of the Traffic InfraTech Expo held in New Delhi, Union Minister of Road Transport and Highways, Mr. Nitin Gadkari, addressed a pre...
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Union Minister Announces 50 New Airports in India to Enhance Infrastructure and Jobs
On Thursday, the Union Minister for Civil Aviation, Mr. Kinjarapu Rammohan Naidu, made a significant announcement regarding the future of aviation in ...
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Property Prices Soar: 57% Increase in Delhi-NCR and Strong Growth Across India
The Indian real estate market is experiencing a significant transformation, with property prices in eight prime residential markets witnessing an impr...
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New ₹2,245 Crore Rail Line Approved to Enhance Connectivity in Andhra Pradesh
In a significant move to bolster infrastructure development in Andhra Pradesh, the Union Cabinet, led by Prime Minister Narendra Modi, has approved a ...
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Nvidia AI Summit 2024 in Mumbai Showcases India's AI Potential with Major Partnerships
The Nvidia AI Summit 2024 held in Mumbai marked a significant milestone in India’s burgeoning artificial intelligence (AI) sector. This year’s sum...
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IMF Projects India to Remain Fastest-Growing Economy with 7% Growth Rate
India is set to maintain its position as the fastest-growing economy globally, with the International Monetary Fund (IMF) projecting a robust growth r...
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Digital Payments Surge as Cash Usage Declines in India
According to a recent study by a Reserve Bank of India (RBI) economist reported by The Economic Times, cash currently accounts for 60% of consum...
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Finance Minister Nirmala Sitharaman Highlights Success of Direct Benefit Transfers
Union Minister of Finance, Ms. Nirmala Sitharaman, has announced a remarkable achievement in India's welfare delivery system, revealing that over US$ ...
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Bharat Chana Dal Phase-II Launched by Union Minister for Consumer Affairs
In a significant move to enhance food supply and stabilize prices, Union Minister of Consumer Affairs, Food and Public Distribution & New and Rene...
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PM Modi Promotes India's UPI to BRICS Nations for Financial Integration
During a recent address, Prime Minister Narendra Modi emphasized the importance of embracing India's Unified Payments Interface (UPI) among the BRICS ...
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India Becoming Global Hub for Global Capability Centres (GCCs)
India is rapidly transforming into a prominent destination for Global Capability Centres (GCCs), a trend fueled by a robust talent pool and supportive...
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Elon Musk Hints at Flying Tesla Roadster During Q3 Earnings Call
During Tesla's recent Q3 earnings call, CEO Elon Musk shared exciting updates regarding the highly anticipated Tesla Roadster. He announced that the c...
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PM Gati Shakti National Master Plan Marks Three Years of Transformative Infrastructure Growth
As India marks the third anniversary of the PM Gati Shakti National Master Plan, the initiative's transformative impact on infrastructure development ...
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India's Data Centre Capacity Set to Reach 2,100 MW by FY27 Amid Digital Boom
According to the Investment Information and Credit Rating Agency (ICRA), India's data centre capacity is projected to reach between 2,000 and 2,100 me...
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India Aims to Increase Drone Operations to 100,000, Says Union Minister
On Tuesday, during the inauguration of the Drone Summit in Amaravati, Union Minister for Civil Aviation, Mr. Kinjarapu Rammohan Naidu, unveiled an amb...
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Deloitte Projects 7-7.2% Growth for Indian Economy in FY 2024
In its latest report, Deloitte India has projected that the Indian economy could experience a robust growth rate of 7-7.2% in the current fiscal year....
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Nirmala Sitharaman Highlights India’s Growth Potential at Columbia University
In a pivotal address at Columbia University, Union Minister of Finance, Ms. Nirmala Sitharaman, articulated how India is strategically positioned to l...
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India Land Deal Activity Jumps 65% YoY in Major Cities
In an exciting development for the Indian real estate sector, land deal activity has witnessed a remarkable surge of 65% year-on-year, reaching approx...
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India's Economic Resilience: Insights from Finance Minister Nirmala Sitharaman
In her keynote address at Columbia University, Finance Minister Nirmala Sitharaman discussed the remarkable economic resilience of India amid a rapidl...
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NRI Deposits Double to US$ 7.82 Billion Between April-August 2024: RBI Data
Between April and August 2024, investments by Overseas Indians in non-resident Indian (NRI) deposit schemes experienced remarkable growth, doubling to...
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Indian Apparel Exports Set for 9-11% Growth in FY25, Driven by Global Sourcing Shift
Indian apparel exporters are poised for a significant revenue boost in FY25, with projected growth of 9-11%, according to the Investment Information a...
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India’s FDI Doubles Between April and August 2024, Boosting Key Sectors
India has witnessed a significant surge in foreign direct investment (FDI) in 2024, with net FDI more than doubling from US$ 3.26 billion to US$ 6.62 ...
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PM Modi Celebrates Transformative Impact of UDAN Scheme on India's Aviation
At the eighth anniversary of the UDAN (Ude Desh ka Aam Nagrik) scheme, Prime Minister Narendra Modi took the opportunity to highlight its transformati...
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ICICI Bank Surpasses Kotak Mahindra Bank in Valuation After Significant Share Drop
In a significant shift within the Indian banking sector, ICICI Bank has officially overtaken Kotak Mahindra Bank in terms of valuation. This change co...
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India: A Beacon of Hope in Global Challenges – PM Modi at NDTV Summit 2024
At the NDTV World Summit 2024, Prime Minister Narendra Modi addressed the audience with a powerful message about India’s resilience amidst a backdro...
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PMBJP Records $119 Million Sales in October 2024: A Significant Healthcare Milestone
The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has reached a remarkable milestone, achieving sales worth US$ 119 million (Rs. 1,000 crore)...
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Life Insurance Premiums Surge 14% in September Led by LIC and Private Insurers
Life insurance companies in India have reported a 14% year-on-year (YoY) growth in new business premiums (NBP) for the month of September, marking a s...
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India to Capture 10% Global Outsourcing in CRDMO by 2033, Says McKinsey
India is on the brink of a significant transformation in the Contract Research Development and Manufacturing Organisation (CRDMO) landscape. According...
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Nitin Gadkari emphasizes infrastructure development to boost tourism and job creation
At a recent conference organized by the Federation of Hotel and Restaurant Associations of India (FHRAI) in Goa, Union Minister for Road Transport and...
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Nirmala Sitharaman urges Mexico to explore collaborations with Indian startups
During her official visit to Mexico, Union Minister of Finance, Ms. Nirmala Sitharaman, addressed the Tech Leaders Roundtable in Guadalajara, emphasiz...
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Rajnath Singh calls for private sector leadership in defence innovation at DRDO workshop
In a pivotal move towards enhancing India’s defence sector, Union Minister of Defence Rajnath Singh has called upon the private sector to transition...
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Mutual Fund Industry AUM reaches $798.25 billion in September 2024
The mutual fund industry in India witnessed a significant surge in assets under management (AUM), reaching an impressive US$ 798.25 billion (Rs. 67,09...
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Saudi Arabia Acknowledges 20.6 Million Indians' Contribution During Riyadh Season
In a noteworthy celebration of cultural diversity and community contribution, Saudi Arabia's Deputy Minister of Media, Mr. Khalid bin Abdulqader Al-Gh...
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Indian E-commerce Set to Reach $12 Billion During 2024 Festival Season
The Indian e-commerce sector is on track to achieve a remarkable gross merchandise value (GMV) of US$ 12 billion during the festival season from Octob...
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Direct Tax Collections Soar 182% to Over $233 Billion During Modi's Tenure
India has witnessed a remarkable surge in direct tax collections, which have increased by 182% to over US$ 233.25 billion (approximately Rs. 19.60 tri...
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KPMG Study Reveals 55% of TMT Organizations Fully Embrace AI Integration
A recent study conducted by KPMG India, titled “Redefining TMT with AI,” has shed light on the current state of AI integration within the Technolo...
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Nitin Gadkari Aims to Lower India's Logistics Cost to Single Digits by 2026
At a recent NITI Aayog event, Union Minister for Road Transport and Highways, Nitin Gadkari, announced ambitious plans to reduce India's logistics cos...
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World Bank President Ajay Banga Lauds India’s Growth and Focus on Quality of Life
World Bank President Ajay Banga has recently commended India's impressive growth rate, calling it one of the most remarkable features of the global ec...
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ARC Finance Achieves ₹8.70 Crore Profit in H1 FY 2024, Reports Strong Revenue Growth
ARC Finance, a prominent player in India's financial sector, has reported a robust financial performance for the first half of the fiscal year ending ...
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Akash Ambani Calls for Indian User Data to Be Stored Locally Amid Privacy Concerns
On October 17, 2024, Jio chairman Akash Ambani made headlines by advocating for the storage of Indian user data within the country, sparking a signifi...
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India Poised to Dominate Global Solar Module Market by 2029
India is on the brink of transforming its position in the global solar module market, with projections indicating a significant leap in production and...
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TeamLease Digital Reports 40% Increase in Fresher Hiring Driven by AI and Cloud Skills
TeamLease Digital's latest report highlights a remarkable 40% surge in fresher hiring for FY25, showcasing the dynamic shifts in the job market as com...
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India's Trade Deficit Narrows to Five-Month Low Amid Fragile Export Growth
India's goods trade deficit narrowed to a five-month low in September 2024, driven by a modest rise in merchandise exports compared to the previous ye...
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Piyush Goyal Advocates for Quality in Manufacturing at IFQM Symposium
During the valedictory address at the Indian Foundation for Quality Management (IFQM) Symposium in New Delhi, Union Minister of Commerce and Industry,...
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Government Approves $4.17 Billion for PM-AASHA to Support Farmers and Stabilize Prices
The Indian government has taken a significant step to bolster the agricultural sector by approving an impressive US$ 4.17 billion (Rs. 35,000 crores) ...
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India's Industrial and Warehousing Sector Sees Remarkable Growth in 2024
India's industrial and warehousing sector is experiencing a remarkable transformation, with approximately 20 million sq. ft. of space leased in the fi...
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Dispute Erupts Over Satellite Spectrum Allocation Between Starlink and Reliance Jio
A significant dispute has emerged in India concerning the allocation of satellite spectrum between Elon Musk's Starlink and Mukesh Ambani's Reliance J...
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Systematix Corporate Services Raises ₹103.12 Cr for Financial Expansion
Systematix Corporate Services has achieved a significant milestone by successfully raising ₹103.12 Crores through a preferential issue. This capital...
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Indian Electric Vehicle Market Set for Strong Growth, D2C Brands Outperform Marketplaces
The Indian electric vehicle (EV) market is on track for "strong and steady" growth through 2030, as emerging Direct-to-Consumer (D2C) brands have outp...
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India Unveils Ambitious National Electricity Plan Aiming for 500 GW Renewable Energy by 2030
India has officially launched its National Electricity Plan (Transmission), setting an ambitious target of achieving 500 gigawatts (GW) of renewable e...
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Indian Air Conditioner Industry Set for Major Growth, Surpassing Pre-COVID Sales
The Indian room air conditioner (RAC) industry is on the brink of significant transformation, with a year-on-year (YoY) sales volume increase projecte...
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India Set to Dominate Global 6G Landscape, Says Communications Minister at IMC 2024
At the India Mobile Congress (IMC) and World Telecommunication Standardization Assembly (WTSA) 2024, Minister of Communications and Development of the...
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India and US Finalize $3.81 Billion Deal for Predator Drones to Boost Defense Capabilities
In a landmark development for India-US defense relations, both countries are set to sign a deal worth US$ 3.81 billion (Rs. 32,000 crore) to acquire 3...
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India's Soybean Production Rises 6% in Kharif Season Amid Improved Yield Conditions
In a positive development for the agricultural sector, soybean production in India has seen an increase of around 6%, reaching nearly 126 lakh tonnes ...
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PVR Inox Q2 Report: ₹12 Crore Loss, Strategies for Recovery in Upcoming Quarter
PVR Inox, one of the leading cinema chains in India, has reported a net loss of ₹12 crore for the second quarter ending September 30, 2024. This mar...
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India Surpasses 200 GW Renewable Energy Capacity, Targets 500 GW by 2030
As of October 10, 2024, India has achieved a remarkable milestone by surpassing 200 GW in renewable energy capacity. This capacity includes a mix of s...
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NPPA Approves Up to 50% Price Hike for Essential Drugs, Sparking Controversy
The recent decision by the National Pharmaceutical Pricing Authority (NPPA) in India to approve a price increase of up to 50% for eight essential drug...
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India Establishes Three AI Centres of Excellence to Boost Innovation
The Government of India has officially announced the establishment of three Artificial Intelligence Centres of Excellence (AI-COEs), with a substantia...
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Reliance Jio Launches JioBharat V3 and V4: Affordable 4G Feature Phones at ₹1,099
Reliance Jio has launched two new 4G feature phones, the JioBharat V3 and JioBharat V4, as part of its continued efforts to bridge the digital divide ...
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India’s MSDE Partners with Meta to Revolutionize Skill Development through AI and VR
In a significant move to enhance skill development and empower the youth of India, the Ministry of Skill Development & Entrepreneurship (MSDE) has...
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Indian Conglomerates to Invest $800 Billion in Emerging Sectors Over Next Decade
In an ambitious move that signals significant growth and transformation in India's corporate landscape, major Indian conglomerates, including industry...
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India's Drug Regulatory System Gains Global Recognition, Supplying Over 200 Nations
In a major milestone for India’s pharmaceutical and medical regulatory landscape, Dr. Rajeev Raghuvanshi, the Drugs Controller General of India (DCG...
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Prime Minister Internship Scheme Receives 1.55 Lakh Applications Within 24 Hours
In an overwhelming response, over 1.55 lakh candidates applied for the Prime Minister Internship Scheme within just 24 hours of its launch. The scheme...
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