Bharat Express

Business

India’s petroleum product demand is expected to rise by 3% to 4% in the financial year ending March 2025 (FY25), driven by increased consumer, industrial, and infrastructure activity, according to a report from Fitch Ratings.

In a remarkable milestone for India’s digital payments ecosystem, Unified Payments Interface (UPI) transactions hit an all-time high in December 2024.

Indian and foreign airlines carried a total of 64.5 million international passengers, marking an impressive 11.4% growth compared to the same period in 2023.

A recent study has unveiled the significant strides made by India’s toy industry, highlighting a 52% reduction in toy imports and an impressive 239% increase in exports.

CII emphasized the need to harness India’s demographic dividend to boost economic growth.

India's office real estate market closed 2024 on a high note, achieving record gross leasing volumes (GLV) of 89 million square feet (MSF) across the top eight cities, according to a Cushman & Wakefield report.

Post-pandemic, Indian corporates prioritized healthier balance sheets. The demand boom following COVID-19 further supported this focus on reducing debt.

Securitisation volumes in India reached ₹68,000 crore during October-December FY25 (Q3FY25), marking a significant surge, according to estimates by rating agency ICRA.

Commerce and Industry Minister Piyush Goyal announced that India’s exports of goods and services are set to exceed USD 800 billion in the current fiscal year.

Indian Railways has also been working on enhancing its track and signaling infrastructure to support even higher train speeds.