November 05, 2024
With data rates among the lowest in the world, India now has over 954.40 million internet subscribers, of which 398.35 million are rural internet subscribers: Union Minister Jyotiraditya Scindia
In the last decade, broadband connections have increased from 64 million to 924 million: Union Minister Jyotiraditya Scindia
In October 2024 alone, India recorded 126 million digital transactions on the Aadhaar Enabled Payment System: Union Minister Jyotiraditya Scindia
November 05, 2024
India has beaten the US, Germany and even Canada to rank among the top 5 nations with the biggest foreign exchange reserves
For the first time in history India’s forex reserves have reached above the $700 billion mark
From fragile five to the fastest growing economy in the world; India now holds the 4th largest forex reserves in the world
November 05, 2024
Major two-wheeler manufacturers in India witnesses a double-digit increase in domestic sales in October, driven by the festival fervour
Two-wheeler companies like TVS Motor Company, Hero MotoCorp and Royal Enfield records an increase in domestic sales, ranging between 13 per cent and 26 per cent
Chennai-based TVS Motor leads the festive charge, achieving a 13 per cent year-on-year (Y-o-Y) rise in domestic sales
November 05, 2024
India’s manufacturing activity rises to 57.5 in October: S&P Global
India’s manufacturing activity rises to 57.5 in October: S&P Global
India's PMI is above 50 which means the Indian market is expanding: S&P Global
November 05, 2024
The strength of Indian economy and RBI’s conservative forecast gives us the confidence in realising 7.2 percent real GDP growth for 2024-25: Sandeep Vempati, Economist
Indian economy draws its strength from robust macroeconomic fundamentals, effective monetary policy and fiscal prudence: Sandeep Vempati, Economist
Modi government’s commitment to cooling food prices, fiscal consolidation are expected to bring down the headline inflation including food to 4.5 per cent in FY25: Sandeep Vempati, Economist
Demand from non-metro consumers, coupled with increased interest in luxury brands, drove festive season e-commerce sales in India: Economic Times
E-commerce platforms in India recorded approximately Rs 1 trillion (around $11.9 billion) in sales during the month-long festive season, marking an increase of over 20% from last year: Economic Times
Amazon stated that over 85 per cent of its customers were from non-metro cities: Economic Times
The manufacturing sector in India has been undergoing a significant transformation, driven by government reforms: Goldman Sachs Report
Over the past ten years, capital-intensive sub-sectors within India’s manufacturing sector, have seen a major growth in employment and exports: Goldman Sachs
PLI schemes in India have directly and indirectly created 8.5 lakh jobs: Goldman Sachs
November 05, 2024
White-collar hiring surged by 10% in October, driven largely by demand for new-age roles in areas like AI and machine learning (AI/ML): Naukri JobSpeak Index
AI/ML roles in India witnessed an exceptional 39% annual and 2% monthly growth: Naukri JobSpeak Index
Global capability centers (GCCs) demonstrated consistent growth with a 17% year-on-year increase: Naukri JobSpeak Index
November 05, 2024
Roti, Beti, Maati ki pukar, Jharkhand mein BJP-NDA Sarkar: PM Modi in Garhwa, Jharkhand
PM Modi urges people to vote for the Bharatiya Janata Party (BJP) for a double-engine government in Jharkhand ahead of the state assembly polls
The Jharkhand state assembly polls are being held at a time when the entire India is inching towards the resolve of ‘Viksit Bharat’: PM Modi
I strongly condemn the deliberate attack on a Hindu temple in Canada: PM Modi
Equally appalling are the cowardly attempts to intimidate our diplomats. Such acts of violence will never weaken India’s resolve: PM Modi
We expect the Canadian government to ensure justice and uphold the rule of law: PM Modi
November 05, 2024
PM Modi is saying absolute truth on India-Canada row: Robinder Sachdeva, Foreign Affairs Expert
It seems that there is something rotten in the state of Canada which has nothing to do with India: Robinder Sachdeva, Foreign Affairs Expert
The events in Canada indicate some kind of failures or inefficiencies of Canadian intelligence, local police, and a political will: Robinder Sachdeva, Foreign Affairs Expert
November 05, 2024
India is hosting the First Asian Buddhist Summit in New Delhi
The theme of the First Asian Buddhist Summit organised in New Delhi is ‘Role of Buddha Dhamma in Strengthening Asia’
The First Asian Buddhist Summit will bring together scholars, and practitioners to discuss Buddhism's role in addressing contemporary challenges and fostering peace
November 05, 2024
Chhath festival will generate approximately Rs 12,000 crores in trade across the country: CAIT
Approximately 150 million people will take part in Chhath Puja rituals: CAIT
Chhath will boost trade and directly benefit local producers: CAIT
November 05, 2024
The Indian rupee is a top pick to weather US election volatility: Subhadip Sircar
RBI's record FRA makes the Indian rupee less vulnerable to US election-related swings
RBI sold $10.8 billion in the three weeks to Oct. 25 to defend the rupee: Bloomberg
The upcoming wedding season in India will generate business worth nearly Rs 6 lakh crore: CAIT
There is a shift in consumer purchasing behavior, with people increasingly opting for Indian products over foreign goods: Praveen Khandelwal, Secretary General, CAIT
The main expenditure during the wedding season is on goods with the highest expenditure on jewellery: Praveen Khandelwal, Secretary General, CAIT
November 05, 2024
With India at the forefront, BRICS emerges as a beacon of hope for new opportunities
BRICS is reshaping the global order and redefining the principles of international cooperation
India is poised to shape the future of global governance, ensuring that the perspectives and needs of the Global South are amplified and prioritised on the world stage
November 05, 2024
JMM-Congress-RJD is allowing Bangladeshis in Jharkhand for Votes: PM Modi
Mafia has overtaken the Hemant Soren government and a vote for the BJP will be a stroke on the “mafia system": PM Modi
Hemant Soren government is putting “obstacles" in the implementation of central schemes in Jharkhand: PM Modi
November 05, 2024
On Deepawali, PM Modi announces to bring all senior citizens above 70 years of age in the country under the ambit of PM-Ayushman Yojana
The AAP government of Delhi and the TMC government of West Bengal are not implementing the Modi government's scheme to cover the senior citizens under 'PM-Ayushman'
The thinking of the parties like AAP and TMC not implementing the central government's scheme to provide health coverage to the senior citizens in their states will be called narrow and undemocratic
November 04, 2024
Startups opting for public listing are grabbing higher valuations in public markets than their private fundraising rounds
Series A funding rounds have seen an average increase of $18 million at the start of 2024 compared to previous years
According to the Association of Mutual Funds in India, the mutual fund industry’s total AUM reached a record high of Rs 6,670,000 crore in August 2024
November 04, 2024
India has beaten the US, Germany, and even Canada to rank among the top 5 nations with the biggest foreign exchange reserves
India has become the country with the world's 4th largest foreign exchange reserves
India's foreign exchange reserves have reached $704.885 billion in the week ending September 27
November 04, 2024
Dr S Jaishankar shares his views on Indo-Australian relations in Brisbane, says “India will grow. India is growing, but India wants to grow with the world”
Dr S Jaishankar in Brisbane remembers a conversation with PM Modi in 2014, saying “PM Modi asked me that ‘explain’ to me why hasn’t our relationship with Australia developed?”
We see a sentiment overall in the world for India to succeed: Dr S Jaishankar
November 04, 2024
A total of 25.8 million applications have been submitted so far under the PM Vishwakarma scheme
2.37 million applicants have successfully registered under the PM Vishwakarma scheme, after undergoing a three-step verification process
The top 5 states with the highest registrations in PM Vishwakarma scheme are Karnataka, Rajasthan, Maharashtra, Gujarat & Madhya Pradesh
November 04, 2024
Since its launch in September 2018, the PM-JAY has provided over Rs 1.1 lakh crore in free hospitalization benefits to beneficiaries, significantly enhancing healthcare accessibility for India’s most vulnerable populations
More than 79 million individuals have benefited from the PM-JAY scheme, which provides an annual health cover of Rs 5 lakh
Over 355.40 million Ayushman Cards have been issued to eligible individuals, enabling them to access healthcare at 30,672 empaneled public and private hospitals
November 04, 2024
EV registrations reached 217,716 in October 2024, representing 35% more from the 160,237 units sold in September
The festival season has provided a boost to India’s electric vehicle (EV) market in October, electric two-wheelers remained the largest segment, posting sales of 954,241, or 59 per cent of the total
October, marks the second time in 2024 that monthly EV sales surpassed the 200,000 mark: Vahan Data
November 04, 2024
A small village Chak 12 TK in Rajasthan is working in a different way by establishing nursery to mitigate the impacts of global warming through community driven initiative
The public nursery, established at the Chak 12 TK village named ‘Shaheed Bhagat Singh Familia Forestry’ is feeding Rajasthan, Punjab and Haryana
The ‘Shaheed Bhagat Singh Familia Forestry’ in Chak 12 TK village in Rajasthan distributed over 2 lakh saplings to three states, it is a collective effort of 100 households of the village
November 04, 2024
Mutual funds (MFs) reinforces their record monthly inflows in October with an investment of Rs 87,000 crore
The unprecedented Mutual Funds inflow of Rs 87,000 crore in October countered record monthly sales by foreign portfolio investors (FPIs)
A haul of Rs 87,000 crore mutual funds inflows nearly doubles previous record, reeling in a lifeline for stability
India's export competitiveness has witnessed healthy gains in multiple sectors, particularly petroleum, gemstones, agrochemicals and sugar during the last five years: Ministry of Commerce
Petroleum exports rose to $84.96 billion in 2023, with India's market share surging to 12.59 per cent last year from 6.45 per cent in 2018: Ministry of Commerce
India has achieved tremendous growth in the export of cane or beet sugar, with its global market share increasing from 4.17 per cent in 2018 to 12.21 per cent in 2023: Ministry of Commerce
November 04, 2024
U.S.-India trade is on the uptick as reports show that India’s merchandise exports to the U.S. have risen by over 50% (54.4%) from $54.3 billion in 2018 to $83.8 billion, as reported in 2023
The Delaware discourse solidifies New Delhi’s priorities in global economic leadership as India communicated its formal acceptance of two landmark agreements under the Indo-Pacific Economic Framework for Prosperity (IPEF)
As one of the world’s largest economies, India’s ability to produce, distribute, and innovate in sectors such as pharmaceuticals and electronics will be key to the wider Indo-Pacific region
November 04, 2024
The WHO has recognised India's "remarkable" progress, with a 17.7 per cent decline in TB incidence from 2015 to 2023, a rate more than double the global decline of 8.3 per cent
The decline in TB incidence is an outcome of India's dedicated and innovative efforts: PM Modi
We will keep working towards a TB-free India through a collective spirit: PM Modi
November 04, 2024
More than 85% of Amazon sale customers are coming from non-metro cities: Saurabh Srivastava, vice-president, categories, Amazon India
The month-long Amazon Great Indian Festival 2024 witnessed 1.4 billion customer visits, the highest ever for the e-commerce firm: Saurabh Srivastava, vice-president, categories, Amazon India
This festive sales saw over 70 per cent increase in sellers surpassing Rs 1 crore in sales compared to last year: Saurabh Srivastava, vice-president, categories, Amazon India
November 04, 2024
Maruti Suzuki aims to achieve its growth target of 4-5% for the current fiscal year fueled by strong festive season sales
In terms of retail sales in the April to October period, Maruti Suzuki has a growth of almost 4% cumulatively
In October 2024 Maruti Suzuki had a growth of 22.4%
India's computer market to grow 5.1% annually over the next five years: S&P Global Market Intelligence report
India's imports of laptops climbed 10.8% Y-O-Y: S&P Global Market Intelligence report
India is gradually becoming a hub for electronics manufacturing, particularly smartphones and laptops: S&P Global Market Intelligence report
November 04, 2024
Since 2014 PM Modi has repeatedly advocated for a return to simultaneous elections or One Nation One Election: Sanju Verma, BJP
One Nation One Election enables the government to concentrate on governance and will lead to continuity in policy decisions: Sanju Verma, BJP
One Nation One Election seeks to do away with unwanted administrative constraints due to frequent elections and enforcement of MCC: Sanju Verma, BJP
November 04, 2024
Bollywood's blockbuster drive real estate boom in India: Square Yards
Bollywood stars shape buyer sentiment of high-net-worth individuals and retail investors and ultimately boost sales and market growth: Square Yards
When a celebrity acquires a property it tends to boost market sentiment surrounding that asset: Square Yards
November 03, 2024
India’s journey toward improving sanitation has been about survival, dignity, empowerment, and prosperity
Swachh Bharat Mission has created a ripple effect that will impact the health and well-being of generations to come
Led by PM Modi, the phenomenal Swachh Bharat Mission journey has transformed the lives of nearly 500 million people
November 03, 2024
Many countries are vying to build resilient semiconductor supply chains amid rising chip import prices. PM Modi has long positioned India as a semiconductor hub alternative
India Semiconductor Mission has been a major government intervention to attract investments and incentivise local production
Launched in December 2021 with an outlay of Rs 76,000 crore, ISM offers production-linked and design-linked incentives for firms to establish semiconductor fabrication units
November 03, 2024
India has significantly reduced TB incidence by 18% from 2015 to 2023, surpassing the global decline of 8%: WHO
The WHO report credits the India's decentralised healthcare efforts and a substantial budget increase for the TB program
According to the WHO report, TB incidence in India has declined by 18%, from 237 per lakh population in 2015 to 195 per lakh population in 2023
November 03, 2024
Defence Minister Rajnath Singh expresses a strong belief that India will achieve over Rs 50,000 crore in defence exports by the FY2029-30
Defence exports up from a mere Rs 600 crore a decade ago to an impressive Rs 21,000 crore in FY 2023-24
Rajnath Singh urges Indian youth to focus on indigenously developing high-end technologies that the country currently imports, aligning with PM Modi’s vision of a Viksit Bharat
November 03, 2024
India was able to reduce its fiscal subsidy in the oil and gas sector by 85 per cent, from an unsustainable peak of USD 25 billion in 2013 to USD 3.5 billion in 2023: ADB
India has since 2010 made noteworthy progress on fossil fuel subsidy reform through a calibrated 'remove', 'target', and 'shift' approach, says ADB
ADB says India gradually phased out the subsidy on petrol and diesel (from 2010 to 2014) and carried out incremental tax increases (from 2010 to 2017)
The Centre has told the top court that states and Union territories, such as Delhi, Goa and Puducherry, have achieved 100 per cent targets of having separate toilet facilities for girls
The Centre has informed the SC that more than 97.5% schools in the country, including government, government-aided and private ones, have provided separate toilets facilities for girl students
16 lakh toilets for boys and 17.5 lakh toilets for girls have been constructed in more than 10 lakh government schools: Centre
November 03, 2024
The rapid growth of data centres and 5G rollouts is boosting the optic fibre cables industry
India is investing heavily in fibre deployment, expecting high global capital expenditure and exports
Deloitte estimates that overall fibre deployment in India will be 4 million kilometres in 2024, expected to expand at 12- 15% over the next two years
November 03, 2024
AGIF 2024 started from September 27, with 24 hours of Prime Early Access, giving customers access to more than 25,000 new launches from top brands across categories
Amazon India, the e-commerce giant, said its month-long Amazon Great Indian Festival (AGIF) 2024 witnessed 1.4 billion customer visits, the highest ever
AGIF 2024: Sellers witnessed more than 70 per cent increase in those surpassing Rs 1 crore in sales compared to last year
November 03, 2024
India’s current economic expansion is supported by continued strong public and private investment and consumption as well as rising exports of services: UNCTAD
UNCTAD says India is simultaneously expanding its domestic non-fossil and fossil fuel energy supply to support growing economic output
Indian economy is expected to record a growth of 6.8% in 2024, predicts UNCTAD
November 03, 2024
In a first, NHAI will rope in a bank to collect user fees on a highway stretch, marking a paradigm shift in the tolling system in the country
NHAI is looking at bringing more new greenfield expressways under MLFF to reduce congestion, pollution and make travel hassle-free.
Since banks are regulated by RBI, they will follow a more transparent system and there will be no leakage of revenue: an Official on bank-driven toll collection system
November 03, 2024
Two-Wheeler Total two-wheelers registered a growth of 14% with sales increasing from 420,610 units in October 2023 to 478,159 units in October 2024: Report
Electric Vehicle EV sales registered a growth of 45% with sales increasing from 20,153 units in October 2023 to 29,308 units in October 2024: Report
Motorcycles registered a growth of 14% with sales increasing from 201,965 units in October 2023 to 230,822 units in October 2024: Report
November 03, 2024
India surpassed the United Kingdom to take the fifth pot among the fastest growing economies the world over
India is now expected to takeover Japan's position to clinch the title of the world's fourth largest economy in FY2025: IMF
India's GDP will rise to come at $4,340 billion next fiscal year: IMF
Indian Railways has performed a remarkable cleanliness exercise
7285 number of stations, 2754 trains and 18331 offices covered for extensive cleanliness by Indian Railways
Indian Railways cleans 45.20 crore square meter area and a total length of 20,182 kms of tracks
November 03, 2024
India has witnessed higher employment growth in capital intensive sectors compared to the labour intensive sectors: Goldman Sachs
India's capital-intensive industries perform well in terms of export growth with the government focusing on promoting assembly of electronics, machinery and pharma products
Over the past 10 years, capital-intensive sub-sectors within manufacturing sector which includes chemicals and machinery, have seen major growth in exports and employment
EAM Jaishankar credits PM Modi for leading from the front in transforming relationships with several key partner countries
The US, Japan and Australia have benefitted from Quad. They are actually examples of overcoming the hesitations of history: Jaishankar
Russia and France are statements of multipolarity, ours as much as theirs: Jaishankar
November 03, 2024
The festive season brought a surge in demand for electric two-wheelers, with retail sales reaching 139,031 units in October 2024
Electric two-wheeler retail sales surge to 139,031 units in October 2024, reflecting an impressive 85% year-on-year increase from 75,164 units in October 2023
The 32-day festive period across India played a crucial role in driving consumer enthusiasm, significantly boosting demand for electric two-wheelers