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3 mins read

India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030

India's power generation and transmission sectors are poised for substantial growth. Also, India's …

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2 mins read

India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report

India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…

ANI   


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1 min read

India on track to becoming third-largest economy by FY31: S&P Global report

India is projected to become the third-largest economy by 2030-31, driven by a 6.7% growth rate thi…

PTI   


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1 min read

India advanced from 10th place in 2014 to become 5th largest economy in 2019: Petroleum minister Hardeep Singh Puri

Petroleum minister Hardeep Singh Puri highlighted India's economic growth under Prime Minister Modi…

PTI   


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2 mins read

India's services sector activity hits 5-month high in August on uptick in new work orders

On the price front, input costs rose at their slowest pace in six months, with both the manufacturi…

PTI   


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4 mins read

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…

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1 min read

Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report

Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 citie…

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2 mins read

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   


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2 mins read

Duty hike on crude, refined oils to hugely benefit farmers: Official

The government official also said that the decision to remove minimum export price and slashing of …

PTI   


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3 mins read

Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August

This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…

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2 mins read

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   


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2 mins read

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   


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2 mins read

Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO

CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…

PTI   


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3 mins read

Investing in India’s manufacturing sector: Opportunities and outlook

India's economic landscape is a tapestry of growth drivers, with the manufacturing sector emerging …

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1 min read

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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2 mins read

Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities

While domestic demand is expected to remain moderate due to lower discretionary spending and overst…

ANI   


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2 mins read

Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD

The restaurant industry faced temporary headwinds such as high food inflation and people dining out…

PTI   


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Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead

Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…