The smartphone PLI scheme has generated US$ 13.03 billion (Rs. 1,10,000 crore) in revenue for India, producing US$ 148.71 billion (Rs. 12,55,000 crore) worth of goods and boosting GST revenues by US$ ...
Executive Director of the India-Brazil Chamber of Commerce, Mr. Leonardo Ananda Gomes, highlighted the growing bilateral trade, exceeding US$ 15 billion, and praised the strong relationship between ...
India's Global Capability Centres are poised to become a US$ 100 billion industry by 2030, expanding into strategic hubs with advanced AI integration, employing 2.5 million professionals, and driving ...
India's domestic air travel hit a historic peak with over 505,000 passengers on 3,173 flights in a single day, driven by post-Diwali travel, weddings, and festivities, despite airline fleet expansion ...
The Indian mutual fund industry showed resilience in October 2024, with US$ 5.92 billion (Rs. 49,800 crore) in net equity inflows and record SIP inflows of US$ 3.01 billion (Rs. 25,320 crore) despite ...
India's e-commerce sector achieved a 12% YoY growth during the 2024 festive season, reaching a GMV of US$ 14 billion, driven by increased spending and strong demand for premium electronics and ...
India's smartphone exports surpassed US$ 2 billion in October 2024, driven by Apple, highlighting the country's rising global manufacturing prominence.
Global footwear brands are investing in Tamil Nadu as a manufacturing hub, boosting job creation and local supply chains.
India’s central bank, the Reserve Bank of India (RBI), is set to launch a pilot programme in 2025, offering affordable local cloud data storage to financial institutions. This initiative will see the ...
India ranks sixth globally in patent filings, with a 15.7% growth in applications and a 36.4% rise in industrial design filings, showcasing rapid progress in its intellectual property ecosystem.
India led the global IPO market in Q3 2024 with a 36% share, raising US$ 4.27 billion, a 142% increase driven by major listings like Bajaj Housing Finance, Ola Electric, and First Cry.
Index funds, particularly those tracking the Nifty 50 and sectoral indices, have gained popularity, with investors preferring them for their potential to mirror the performance of top Indian companies ...