[ Maharashtra, the financial capital of India, stands tall as the richest state. With a GSDP of over ₹31 trillion, it’s home to Mumbai, the country’s largest city and economic hub, hosting major banks, multinational corporations, and the stock exchange. The city’s port handles a significant portion of India’s maritime trade, further bolstering its economic … Read more
[ NEW DELHI: The Reserve Bank of India will likely keep interest rates unchanged Friday, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected.The central bank will likely keep its benchmark repurchase rate at 6.5% for a seventh straight policy meeting, according … Read more
[ CHINA: China’s manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even as a crisis in the property sector remains a drag on the economy and confidence. The official purchasing managers’ index (PMI) rose to 50.8 in March from 49.1 … Read more
[ NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said that the country’s GDP is set to grow by 8% or more in the quarter ending March 31.Speaking during an event in the financial hub of Mumbai, Sitharaman said, “Hopefully the fourth quarter, will also have (growth) of 8% or above 8% resulting in 2023/24 … Read more
[ NEW DELHI: CareEdge Ratings expects India’s GDP to growth at 7.6 per cent in 2023-24 ending on March 31, and around 7 per cent in the next financial year 2024-25.According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public … Read more
[ NEW DELHI: Global logistics major DHL Express on Wednesday said it will invest over Rs 1,600 crore in India in next five years, taking note of the country’s rapid economic growth and expectations of its connectedness rising “swiftly” in coming years.Speaking at the release of Global Connectedness Report 2024, DHL Expressway CEO, John Pearson … Read more
[ Among the other honoured items are, Yak Churpi, Tangsa Textile, Monpa Textile, Monpa Handmade Paper, Nyishi Textile Products, Wancho Wooden Craft, Adi Textile, Galo Textile, Singpho Phalap (Singpho Tea), Adi Apong, Arunachal Pradesh Dao (Sword), Annyat Millet, Marua Apo (Marua Millet Beverage) and Khamti Handloom Textile. Read original article here Denial of responsibility! Genx … Read more
[ NEW DELHI: India Inc on Thursday said 8.4 per cent GDP growth in the October-December quarter of FY24 has “surpassed” expectations, and the economy is on a high growth trajectory due to sustained reforms undertaken by the government.India’s economic growth accelerated to 8.4 per cent in the October-December quarter of this fiscal, driven by … Read more
[ India is one of the fastest growing economies in the world, with a population of over 1.3 billion people. The economic growth and development of the country have also influenced the consumption patterns and preferences of its people. According to the latest data released by the Ministry of Statistics and Programme Implementation, the per … Read more
[ Railway Minister Ashwini Vaishnaw has said that India can potentially save Rs 1.28 lakh crore annually in diesel costs by 2031 if it successfully transports an additional 1500 million tonnes of cargo through trains. Speaking at the 68th National Railways Awards, Vaishnaw stated that India’s economic growth is expected to result in an additional … Read more
