Economy 15/57

The world’s new largest office building is bigger than the Pentagon

Although Antwerp is known as the diamond commerce capital of the world, the majority of rough diamonds are mined in Russia or Africa....

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India will account for 20% of Apple’s user growth over the next five years, Morgan Stanley estimates

India will likely be a significant contributor to Apple's revenue and installed base growth over the next five years, Morgan Stanley...

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MNCs may Hire Half a Million in India This Fiscal

Global capability centres (GCCs) of multinational corporations in India have intensified their talent search in the current fiscal year,...

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India franchise industry to touch USD 140-150 billion in next 5 years, says report

The India franchise industry is expected to reach USD 140-150 billion within the next five years, aided by an increase in franchise...

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Adani Group Building World's Largest, 20 GW Hybrid Renewable Energy Park in Gujarat

In Khavda, Gujarat, the Adani Group is constructing the world's largest hybrid renewable energy park in the midst of a desert. The...

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Delhi Airport Unveils New Runway, Takes Daily Flight Capacity to 2K

Delhi airport opened its fourth runway on last Friday, allowing the country's largest airport to increase its daily flight capacity from...

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Internationalizing the INR will be a gradual process

An important prerequisite for internationalising a currency is an internationally integrated economy. India has achieved significant...

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India aims to be a $1-tn digital economy with a $300-bn electronics industry: Chandrasekhar

At a Digital India Dialogues meeting in Bengaluru, Union Minister Rajeev Chandrasekhar stated that the government is collaborating...

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Record plane orders: Can India’s aviation infrastructure accommodate aspiration of Air India, IndiGo

Despite the fact that India's aviation infrastructure blueprint places a heavy emphasis on building new airports in smaller cities to...

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How the middle class will play the hero in India's rise as world power

Consider these statistics. The middle class is the fastest-growing main segment of the Indian population in percentage and absolute...

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Chip CEOs Head to Washington to Talk China Policy

Senior executives from the United States' largest semiconductor firms will travel to Washington next week to meet with administration...

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Foxconn looking to set up 4-5 fab lines in India

Foxconn has informed the Indian government that it intends to establish at least four to five semiconductor fabrication lines in the...

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Employers consider apprenticeships as a strong talent development strategy: Report

A survey of nearly 200 industry leaders by TeamLease Degree Apprenticeship found that over 65% of companies see apprenticeships as a...

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What Apple’s big bet on India means for the tech giant’s future

Tim Cook had to wait seven years to go back to India after going there for the first time in 2016. In April, the CEO of Apple went to...

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It's not just China-India's now pushing a de-dollarization narrative by touting the use of the rupee

It's not just China that's trying to internationalize its national currency. India's now at it too, as the Reserve Bank of India, or RBI,...

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Rural India Adding Super Rich Faster Than Urban, Study Shows

India will see a five-fold increase in its ‘super rich’ families by the turn of the decade and a large chunk of the growth will come from...

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India’s exporting more phones and cars, while jewellery and textiles take a backseatRead more at:

India’s merchandise exports have undergone a major shift in recent years. The change has been rather silent except for the occasional...

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India’s stock market is hitting record highs. Here’s why

India’s stock market is booming as investors take a chance on one of the few bright spots in a fragile global economy. The country’s...

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China confident on 5 percent growth target, continues to drive global economy

A report released by the United Nations in May raised this year's economic growth projections for China to 5.3 percent from 4.8 percent...

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India's economic prospects brighten; core inflation, global volatility may pose risks: RBI report

The rising pace of local economic activities along with stronger corporate sector balance sheets and efficient financial system has...

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