Bharat Express

Business

India's smartphone market, likely to surpass $50 billion in value this year, is on track to see exports reach $20 billion in FY25, largely driven by 'Made in India' Apple iPhones.

India's benchmark indices ended the day on a positive note, with the market buoyed by strong gains, especially in the realty sector, which rose by 1.39%.

Ahead of Maha Kumbh, Indians as well as foreign tourists are gathering for the grand event, which has surged the bookings for the flights and hotels.

E-commerce platforms in India are experiencing a remarkable surge in electric two-wheeler (E2W) sales, reflecting a shift towards online shopping and the growing adoption of electric vehicles (EVs).

India's Metro Network reached a significant milestone with a total length of 1,000 kilometres, making it the third-largest metro system in the world.

This growth is driven by steel-intensive construction in housing and infrastructure and increased demand from engineering, packaging, and other sectors.

Fitch projects that RBI will cut interest rates in 2025. This expectation follows the RBI's recent liquidity measures, including a 50-basis-point reduction in the cash reserve ratio.

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) expanded in Odisha while the government signed a Memorandum of Understanding (MoU)

At around 9.26 am, Sensex was trading at 76,758.37 after rising 258.74 points or 0.34 per cent, while Nifty was trading at 23,225.50 after climbing 49.45 points or 0.21 per cent.

The Indian equity market closed higher, driven by favorable domestic and global factors. Adani Enterprises emerged as top gainer in Nifty 50 index.