Indian, EU startups fostering business collaboration in EV battery recycling

Recycling electric vehicle (EV) batteries is a geopolitical and climate imperative and Indian and European startups in the field are pioneering innovation and fostering business collaboration, according to the government.  Emphasising the shared commitment of India and the EU to innovation, sustainability, and the transition to a circular economy, the Office of the Principal Scientific … Read more

FII selling: Time for Indian domestic investors to buy high-quality banking stocks

As foreign institutional investors (FIIs) turn sellers in the Indian market, long-term domestic investors may utilise this opportunity to buy high-quality banking stocks, market analysts said on Saturday.  The FIIs sold equities worth Rs 15,243 crore on October 3, while domestic institutional investors (DIIs) bought equities worth Rs 12,914 crore on the same day. Geopolitical … Read more

Pralhad Joshi to visit Germany to bolster India`s role in renewable energy sector

 To boost India’s position in the field of sustainable development and renewable energy, Union Minister of New and Renewable Energy, Pralhad Joshi, will embark on a three-day tour to Germany from October 6, the government said on Saturday.  The minister is set to attend the ‘Hamburg Sustainability Conference’ from October 7-8, and will hold a … Read more

Housing finance market in India expected to grow at 15-20 pc CAGR till 2030

India's banking sector is on the cusp of rapid growth, with rising RoE (Return on Equity), robust asset quality, and key infrastructure financing opportunities in the coming decade, a report said on Monday. Smallcase manager Omniscience Capital's report said: "The housing finance market in India has registered a growth of about 25 per cent per … Read more

India`s real estate sector to become next employment generation hub: Industry

The real estate sector in India is the second-largest employer after the agriculture sector and the phenomenal growth with an 18.7 per cent compound annual growth rate (CAGR) makes the sector ripe to become the largest employment generating sector and a hub for young talent, industry leaders said on Saturday.  The Indian real estate industry … Read more

India`s Tata-owned Titan projects 25% revenue rise in Q2 following reduction in gold duty

 Indian jeweller and watchmaker Titan Company reported on Friday that it estimates a 25% increase in second-quarter revenue, as a reduction in customs duty on gold imports helped improve domestic demand for some of its jewellery products. India slashed import duties on gold in July to 6% from 15%, a move that was viewed as … Read more