Economy 4/57

We get leverage when China invests in India, says Finance Commission chairman Arvind Panagariya

Arvind Panagariya, Chairman of the 16th Finance Commission, supports Chinese investments in India, excluding those posing security risks,...

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Hurun Rich List 2024: India emerges as Asia’s new wealth powerhouse with 334 billionaires

The 2024 Hurun India Richlist reveals India's economic surge with 334 billionaires, a 29% increase from the prior year, showcasing rapid...

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India's Rise in Natural Diamond Consumption Surpasses China, Second Only to the US

India has surpassed China in natural diamond consumption, now ranking second globally after the US. De Beers and Tanishq have joined...

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India Witnesses a 48% Surge in Foreign Direct Investment (FDI) in the First Quarter, Reaching $16.1 Billion

In the first quarter, India experienced a 48% rise in Foreign Direct Investment (FDI) to $16.1 billion. Key sectors attracting FDI...

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View: Digital payments are transforming India’s economy

The global payments industry has rapidly evolved, led by India's initiatives in enhancing financial inclusion through accessible digital...

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US top trading partner, China trade deficit highest in first half 2024

In 2024, India's trade relations surged, with the US as its top partner. Notable was a $41.6 billion deficit with China. Exports rose by...

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Top 10 Fastest Growing Major Economies In The World 2024

In 2024, India outpaces the US and China, securing a spot among the top 10 fastest growing major economies globally. The ranking, based...

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47% term deposits held by senior citizens: Report

Finance Minister Nirmala Sitharaman urges state-run banks to boost deposit mobilization aligning with loan growth. SBI Research notes a...

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Global Capability Centres (GCCs) powering India’s job market

Global Capability Centres (GCCs) in India have evolved from supporting roles to tech powerhouses, aligning with parent enterprises to...

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Apple's India Operations Reach New Heights surpasses USD 23 billion

Apple's India operations have reached unprecedented heights, with the value of its business surging to over $23.5 billion in fiscal year...

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India's Rising Prominence in the MSCI Index

India is poised to narrow the gap with China in MSCI Inc.'s gauge for developing nations, signaling a shift in the global investment...

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China’s Industry Clusters – A Comprehensive Overview

China’s industry clusters are key drivers of its economic growth and global competitiveness. These geographically concentrated hubs, such...

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Public procurement from GeM portal crosses Rs 9.82 billion Rupees

The Government e-Market (GeM) portal has achieved a remarkable milestone, surpassing Rs 9.82 lakh crore in public procurement as of July...

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India fastest growing retail market, to cross $1.4 trillion by 2027: Reliance

Reliance Industries' annual report showcases India's booming retail sector, set to exceed USD 1.4 trillion by 2027. Factors like...

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India's Surging Market Attracts Record Foreign Investments in 2024

India's markets have surged, attracting $15.75 billion in foreign inflows, aligning it with major global investment hubs like the US and...

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India Sets Ambitious Vision to Become a Thriving $30 Trillion Economy by 2047

India aims to become a $30 trillion economy with a per capita income of $18,000 per annum by 2047, according to NITI Aayog's vision...

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Manufacturing in India Surges, Government to focus on Job Creation

India's manufacturing sector is experiencing a remarkable turnaround, outpacing the services sector in job growth, according to a study...

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Textile Hub Attracts Global Brands as Sourcing Shifts to India

In a positive development for India's textile industry, renowned global brands such as Marks & Spencer, Next, Decathlon, Primark, GAP,...

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India emerges as 'inspiring lighthouse of growth' amid global turbulence: ITC CMD Puri

India's impressive economic growth, surpassing 7 percent GDP growth consistently, has positioned it as an inspiring symbol of progress...

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PM Modi calls for creation of investment charter

During the ninth Governing Council meeting of NITI Aayog, Prime Minister Narendra Modi unveiled his vision for India to become a...

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