Public sector banks in India record a higher level of "efficiency" compared to their private sector counterparts, according to a study conducted by the State Bank of India (SBI). ...
Buoyed by overall economic development, India has stemmed its wealth exodus, with just 4,300 millionaires projected to leave the country in 2024 -- compared to 5,100 last year, a new report has projected. ...
RBI Governor Shaktikanta Das expects the strong growth momentum of the last financial year to continue into the April-June quarter of the current financial year, bolstered by strong fundamentals of the economy. ...
As India doubles down on domestic manufacturing of products across industries, the steel producers in the country are not lagging behind and most of them now have achieved labelling their products as ‘Made in India’. ...
India has witnessed the fastest jump in alternative remittance share for e-commerce payments in the Asia-Pacific (APAC) region, from 20.4 per cent in 2018 to 58.1 per cent in 2023, a new report has said. ...
In a fillip to the ‘Make in India’ initiative and strengthening self-reliance in defence manufacturing, Hindustan Aeronautics Ltd (HAL) has received a request for proposal (RFP) by the Ministry of Defence for procurement of 156 light combat helicopters (LCH). ...
The expected entry of China's BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of late due to the so-called EV adoption chasm, according to industry watchers on Tuesday....
Riding on supportive policy interventions, investment in India’s key infrastructure sectors — renewable energy and roads – and real estate are likely to grow 38 per cent in the fiscals 2025 and 2026, compared with the previous two fiscals, to Rs 15 lakh crore, a report showed on Tuesday. ...
The export of spices and its products reached an all-time high in FY 2023-24 at a record $4.46 billion making India a key player in the global trade. ...
A surge in housing supply resulted in a nearly 50 per cent drop in rental price growth in top cities in the second quarter this year (to date) -- registering a 2-4 per cent quarterly rise which is down from 4-9 per cent in the first quarter this year, a report showed on Tuesday. ...
