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India’s aim is to become world’s largest startup destination: Minister

India’s aim is to become world’s largest startup destination: Minister

🕔07:12, 29.Mar 2022

New Delhi, March 29 (IANS) India aspires to become the largest startup ecosystem in the world, Commerce and Industry Minister Piyush Goyal said. Addressing a session on “Gateway to Growth – Roundtable on Indian Startup Ecosystem” in Abu Dhabi, he said:

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Transport Corp announces 2nd interim dividend, net profits up 94% YoY in Q3FY22

Transport Corp announces 2nd interim dividend, net profits up 94% YoY in Q3FY22

🕔14:36, 29.Jan 2022

New Delhi, Jan 29 (IANS) The integrated supply chain and logistics solutions provider, Transport Corporation of India (TCI) has announced the second interim dividend of Rs 2 per share for its investors. Besides, the logistics service provider reported a 94 per

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Indian IT services firms set for robust growth, attrition a concern

Indian IT services firms set for robust growth, attrition a concern

🕔16:14, 21.Dec 2021

New Delhi, Dec 21 (IANS) Driven by an uptick in key verticals such as BFSI, telecom, manufacturing, retail and distribution, the revenue growth of domestic IT services companies is expected to be around 9-12 per cent (in dollar terms) in FY2022,

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FSI expected to grow by 9% CAGR over FY20-25E: MOFSL

FSI expected to grow by 9% CAGR over FY20-25E: MOFSL

🕔14:00, 11.Dec 2021

New Delhi, Dec 11 (IANS) The Indian food service industry (FSI) is expected to grow by nine per cent CAGR over FY20-25E. As per Motilal Oswal Financial Services (MOFSL), the growth of FSI is being driven by rising income levels, urbanisation,

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India’s Apr-Nov agricultural, processed food exports up 13%

India’s Apr-Nov agricultural, processed food exports up 13%

🕔09:01, 5.Dec 2021

New Delhi, Dec 5 (IANS) Indias exports of agricultural and processed food products rose by more than 13 per cent during the first eight months of the current fiscal on a year-on-year basis. As per the data furnished by the Ministry

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Sitharaman interacts with CMs, FMs to step up investment, growth

Sitharaman interacts with CMs, FMs to step up investment, growth

🕔07:28, 16.Nov 2021

New Delhi, Nov 16 (IANS) With a view to enhance the investment climate in the country in the wake of strong recovery and the opportunities accorded by a shift in geo-political realities post the Covid-19 pandemic, Union Finance Minister Nirmala Sitharaman

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Signs of recovery: Credit profiles of large no of Cos get an upgrade

Signs of recovery: Credit profiles of large no of Cos get an upgrade

🕔17:58, 8.Sep 2021

New Delhi, Sep 8 In a sign of a sharp economic recovery, credit profiles of companies has seen a marked improvement in the five month period of current fiscal as compared to Covid affected April-August period of 2020. A testimony

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Pandemicproof: India’s Q1FY22 GDP growth seen ranging above 14% in Q1FY22

Pandemicproof: India’s Q1FY22 GDP growth seen ranging above 14% in Q1FY22

🕔15:00, 27.Aug 2021

New Delhi/Mumbai, Aug 27  Pent-up demand along with low base is expected to accelerate India’s economic growth rate in Q1FY22 on a year-on-year basis. Accordingly, the period from April-June 2021 had less stringenet lockdown norms than the same period of

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India saw shipment of 11.2 mn wearable units in Q2

India saw shipment of 11.2 mn wearable units in Q2

🕔17:57, 26.Aug 2021

New Delhi, Aug 26  India’s wearables market grew 118.2 per cent year-over-year (YoY) in 2Q21 (April-June), shipping 11.2 million units, a new report said in Thursday. According to the International Data Corporation’s (IDC) India Monthly Wearable Device Tracker, watches continued

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Growth Curve: India’s June YoY exports, imports surge as world trade recovers

Growth Curve: India’s June YoY exports, imports surge as world trade recovers

🕔07:33, 16.Jul 2021

New Delhi, July 16  India’s merchandise exports last month rose to $32.50 billion, higher by 48.34 per cent over $21.91 billion recorded in June 2020, official data showed on Thursday. Similarly, exports last month recorded a growth of 29.85 per

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Strong fiscal policy support needed to kick start growth: EY India

Strong fiscal policy support needed to kick start growth: EY India

🕔07:32, 30.Jun 2021

New Delhi, June 30  Strong fiscal policy support in the form of stimulus measures are needed to kick start growth, EY India said. According to the consultancy firm’s June edition of Economy Watch: “The primary focus of the fiscal stimulus

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UN forecasts India’s economy to grow 7.5% in 2021, but warns situation ‘fragile’

UN forecasts India’s economy to grow 7.5% in 2021, but warns situation ‘fragile’

🕔11:19, 12.May 2021

United Nations, May 12 The UN forecasts India’s economy to grow by 7.5 per cent this calendar year and rebound to 10.5 per cent next year with the caveat that the outlook is “highly fragile” because of the brutal Covid-19

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India’s eight core industries see production rise in March

India’s eight core industries see production rise in March

🕔06:53, 1.May 2021

New Delhi, May 01  India’s eight major industries saw output surge during March 2021, official data showed on Friday. The Index of Eight Core Industries’ reading for last month showed an expansion of 6.8 per cent from a decline of

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Most economies won’t return to pre-pandemic levels until 2022: Moody’s

Most economies won’t return to pre-pandemic levels until 2022: Moody’s

🕔13:49, 11.Mar 2021

New Delhi, March 11  Although businesses and economic activities around the world have resumed post the pandemic-related lockdowns, most countries are unlikely to return to their pre-pandemic activity levels until 2022, a report by Moody’s Investors Service said. As per

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Commercial credit growth back to pre-pandemic levels: Report

Commercial credit growth back to pre-pandemic levels: Report

🕔07:32, 19.Feb 2021

New Delhi, Feb 19  Findings from the TransUnion CIBIL-SIDBI MSME Pulse Report’s latest edition indicate that under the government’s Emergency Credit Line Guarantee Scheme (ECLGS), commercial credit enquiries surged 58 per cent year-on-year (YoY) in June 2020 and stabilised toward

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India expected to become ‘Fastest Growing’ major economy from FY22: PHD Chamber

India expected to become ‘Fastest Growing’ major economy from FY22: PHD Chamber

🕔08:15, 9.Nov 2020

New Delhi, Nov 9  India is expected to become the ‘Fastest Growing’ major economy from FY22, PHD Chamber of Commerce and Industry said on Saturday. According to Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry, the country’s economy is

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India’s economy on a double-digit downswing as Covid-19 cases spike

India’s economy on a double-digit downswing as Covid-19 cases spike

🕔15:31, 21.Sep 2020

New Delhi  (India), September 21 — As India emerges as new global hotspot for coronavirus (Covid-19) pandemic with more than 5 million infections, several global institutions are casting doubts over its economic growth recovery. Official figures show that gross domestic

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India jumps 4 places to rank among top 50 in Global Innovation Index

India jumps 4 places to rank among top 50 in Global Innovation Index

🕔08:22, 3.Sep 2020

New Delhi, Sep 3  Marking a major advancement amid the pandemic, India has moved up four places to rank 48th in the Global Innovation Index (GII) 2020 released on Wednesday. Compiled by the World Intellectual Property Organisation (WIPO), Cornell University

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UN projects India’s growth rate at 5.7% for 2019-20

UN projects India’s growth rate at 5.7% for 2019-20

🕔20:49, 17.Jan 2020

United Nations, Jan 17  The UN projects India’s economy to grow by 5.7 per cent in the current fiscal year and expects it to rise to 6.6 per cent in the next. The projection in the UN’s World Economic Situation

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PM meets economists on growth, jobs, $5 trillion economy

PM meets economists on growth, jobs, $5 trillion economy

🕔14:18, 9.Jan 2020

New Delhi, Jan 9  Prime Minister Narendra Modi held a two-hour meeting on Thursday with over 30 industry experts and economists to review and take their views on steps to revive the Indian economy on growth and employment. According to

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