: India’s insurance sector clocked a robust 11 per cent compound annual growth rate to cross the $130 billion mark during FY2020-23, surpassing Asian peers China and Thailand, which grew at less than 5 per cent, according to a McKinsey report. ...
The Indian economy is expected to clock a medium-term growth of 6.7 per cent on average between fiscal 2025 and 2031, and touch the $7 trillion mark, according to a report by rating agency CRISIL. ...
India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report. ...
AI-capable PC shipments reached 13.3 million units globally in the July-September period, accounting for 20 per cent of all PC shipments during the quarter, according to a new report. ...
Average cost of real estate construction in India is estimated to have risen up to 11 per cent in the last one year, mainly due to a significant surge in labour costs coupled with a moderate price increase in construction materials like sand, brick, glass and wood, a report showed on Thursday. ...
In a new record, Apple has reached almost Rs 60,000 crore in iPhone exports from India in the first seven months during the current fiscal (FY25). ...
Hyundai Motor India (HMI), the country’s second largest carmaker, has drawn up ambitious expansion plans for making India a production hub that will also cater to the rising export demand for its vehicles in the emerging markets. ...
The tech and durables sector in India witnessed a 13 per cent value growth during the four-week festive season, driven by heightened consumer demand across multiple categories, a report showed on Thursday. ...
As the UN climate conference (COP29) is underway in Baku in Azerbaijan, the Global Alliance for Banking on Values (GABV) on Thursday announced that 25 of its member banks have endorsed the Fossil Fuel Non-Proliferation Treaty initiative, marking the first collective endorsement of the initiative by financial institutions. ...
Electronic toll collection in the country soared to a record Rs 6,114.92 crore in October this year as economic activity surged during the festive month, according to the latest figures compiled by the government. ...