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Global semiconductor sector expected to grow due to AI demand, new report says
The global semiconductor market is on track to experience substantial growth in the coming years, w…
India's hospitality industry to grow at 10.5% over next three years, generate annual incremental demand of Rs 8,200 cr
India's hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 p…
ANI
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
Global electricity demand is forecast to grow by around 4% in 2024
The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…
ANI
Air India, Air India Express and Vistara pause to pay special inflight homage to Ratan Tata after his passing
Known for his deep passion for aviation, Tata left an indelible mark on the sector, which he helped…
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …
ANI
Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
ANI
Why are so many North American and European countries restricting immigrants?
Canada and Australia have implemented new immigration restrictions affecting low-wage workers and i…
'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…
Grace Dean
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
Rising claims pose challenge for health insurance sector in India, says Jefferies
The health insurance sector may face challenges in the coming months due to rising claims and incre…
ANI
India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%
The OECD report projects stable economic growth for emerging G20 economies, including India. India'…
Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank
A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…
ANI
India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL
The report added that the product realisations are expected to grow modestly with slight increases …
ANI
FII's bullish on financial services and telecom segment as per June 2024 NSDL data
The Indian equity market witnessed a significant boost in the latter half of June 2024, with FII re…
ANI
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
Forecasts of normal monsoons raise hopes of bumper harvests, but intense bouts could play spoilsport
Forecasts have predicted excellent rains over most parts of the country, while scarcities could imp…
Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit
Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…