Driven by a robust middle class and sustained investment, India is projected to be the fastest-growing major economy in 2025 both regionally and globally, Mastercard Economics Institute (MEI) said in its annual economic outlook report on Monday. The MEI’s report for the Asia Pacific region also highlighted India as the fastest-growing major economy with an … Read more
India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 1.89 per cent in November compared to 2.36 per cent in October as the rise in food prices slowed during the month with the fresh crop arriving in the market, data released by the Commerce and Industry Ministry on Monday showed. … Read more
Crisil Ratings in its latest report has said that the agrochemicals sector's revenue is expected to grow at 7-9 per cent in FY26, following stable domestic demand and recovery in export volumes. However, it said historically low realisations will continue to hinder a return to double-digit growth seen before the Covid-19 pandemic. Operating margins are … Read more
Indian rupee weakened against the US dollar on Monday tracking sluggish domestic equities, elevated crude oil prices, and dollar demand from importers and foreign banks, while RBI data showed India's forex reserves dropped by $3.235 billion to $654.857 billion for the week ended December 6. However, some weakness were limited by foreign fund inflows into … Read more
After witnessing a bumper growth in 2024 across residential, office and industrial domains, 2025 is likely to be a year of consolidation and continued innovation for the Indian real estate sector, a report showed on Monday. While residential and office markets can potentially stabilise after consecutive peaks, industrial and warehousing demand can witness heightened traction, … Read more
Infosys co-founder Narayana Murthy has reiterated the call to work 70-hour a week, urging young people in India to work hard for the country’s growth. Murthy first suggested the idea of a 70-hour work week in 2023 to boost the country’s growth. While he invited widespread criticism from people and doctors, the concept was hailed … Read more
Reliance Industries is currently trading at Rs. 1274.00, up by 0.65 points or 0.05% from its previous closing of Rs. 1273.35 on the BSE. The scrip opened at Rs. 1275.00 and has touched a high and low of Rs. 1281.60 and Rs. 1271.05 respectively. So far 221547 shares were traded on the counter. The BSE … Read more
India has seen a record smartphone exports in November this year, surpassing the Rs 20,000 crore mark for the first time in a month, which was led by Apple. According to industry data, smartphone exports crossed Rs 20,300 crore, a more than 90 per cent rise from the same period last year. Apple led the … Read more
World Travel and Tourism Council (WTTC) President and CEO Julia Simpson has said that the Indian tourism sector is expected to double in size to $523 billion in the next 10 years from the present size of $256 billion. Simpson stated the travel and tourism sector employs 45 million people in India. She stated in … Read more
Glenmark Pharmaceuticals is currently trading at Rs. 1531.70, up by 14.50 points or 0.96% from its previous closing of Rs. 1517.20 on the BSE. The scrip opened at Rs. 1510.80 and has touched a high and low of Rs. 1550.75 and Rs. 1501.50 respectively. So far 2765 shares were traded on the counter. The BSE … Read more