Major Electronics Firms Report Decline In Imports As ‘Make In India’ And Localisation Drive Growth
The combined import value of these companies dropped by 7% year-on-year to Rs 95,143 crore, according to regulatory filings with the Registrar of Companies (RoC)
Moody’s Forecasts 7.2% GDP Growth For India In 2024; Cautions On Inflation Risks
Moody’s has forecasted a strong 7.2% GDP growth for India in 2024, driven by favorable economic conditions and solid growth prospects.
India’s Exports Show Strong Growth In October; Trade Deficit Widens
India’s merchandise & services exports reached USD 73.21 bn in Oct 2024, a 19.07% year-on-year increase, as per Ministry of Commerce data.
Indian Stock Market Extends Losing Streak As Key Sectors Face Selling Pressure
On Thursday, Indian stocks declined for the sixth straight day, with selling in PSU banks, pharma, FMCG, and metals.
Apple Exports iPhone Worth Rs 60,000 Crore In First 7 Months Of FY25
Apple has set a new milestone, with iPhone exports from India reaching nearly Rs 60,000 crore in the first seven months of FY25.
India Sees Surge In High-Income Taxpayers; 9.39 Lakh Declare Over Rs 50 Lakh Income
Senior Income Tax officials report a rise in high-income taxpayers, with over 9.39 lakh individuals declaring incomes above Rs 50 lakh.
Going to The Moon Is A Costly Affair; Cannot Rely Solely On Government Funding: ISRO Chairman
ISRO Chairman S Somanath stressed the high costs of Moon missions and the need for private sector support.
Indian Stock Market Opens Flat; IT, PSU Banks, Pharma Lead Gains
Stock markets opened flat, with gains in IT, PSU banks, financial services, and pharma sectors, though broader sentiment remained cautious.
Adani Group To Invest $10 Billion In US Energy & Infrastructure; Vows 15,000 Jobs Creation
On Wednesday, Gautam Adani announced that the company will invest $10 billion in US energy security and infrastructure projects.
Indian Stock Market Closes In Red With Major Indices Sliding Sharply
On Wednesday, the Indian stock market ended it's session in the red, with major indices facing sharp declines.
