A report on Thursday revealed that the shipments of personal computers globally stood at 63.3 million units in the fourth quarter of 2023, an increase of 0.3 per cent from the corresponding period last year. The Gartner study emphasised that after experiencing eight consecutive quarters of decline, the shipments finally increased. In 2023 the shipping […]
India’s coffee exports reached a new peak in value during the calendar year 2023, driven by higher global prices despite a 5.5 per cent decline in volumes due to reduced offtake by key buyers in Europe and Russia. The exports surged by 4.50 per cent to achieve a record USD 1.16 billion in 2023, compared […]
The Unified Payments Interface (UPI) has shattered records by processing over 100 billion transactions, as revealed by data from the National Payments Corporation of India (NPCI). Operating alongside other payment processing infrastructure, UPI witnessed 54 per cent year-on-year (YoY) growth in transaction volume and 42 per cent surge in transaction value for December 2023. The […]
Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year’s 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 […]
For Indian micro, small and medium enterprises, this year is also ending on a mixed note as the industry is still facing massive delayed payments and debt issues. In 2023, with several government policies and industry support, the sector is still on the road to recovery after post devastating Covid-19 pandemic and major jolts from […]
India’s overall exports, merchandise and services combined, in November are estimated to be USD 62.58 billion, exhibiting a marginal positive growth of 1.23 per cent yearly, official data released on Friday showed. The overall exports during November 2022 were worth USD 61.82 billion. Major contributors to export growth in November 2023, though marginal, include iron […]
Shiprocket, an ecommerce enablement platform has revealed comprehensive consumer and industry insights showcasing the ecommerce trends in 2023. Shiprocket’s analysis revealed that Personal Care emerged as the highest-selling category in 2023, closely followed by Apparel, footwear and Accessories. Together, these categories collectively accounted for a substantial 63 per cent of sales. According to the data, […]
Dhanteras, the first day of the Diwali festival, holds immense significance in Indian culture, especially when it comes to buying gold and silver. It is considered an auspicious day to invest in precious metals, symbolising prosperity and good luck. As the festivities begin today, expectations soar high, and families across the country embark on a […]
As the Diwali festivities kick off, Dhanteras emerges as a pivotal day for traders nationwide, with an estimated trade volume of Rs 50 thousand crore, predicts the National President of the Confederation of All India Traders (CAIT), BC Bhartia, and Secretary General Praveen Khandelwal. In his post on X, Praveen Khandelwal called on the people […]
At least 3.49 lakh units sold in the top seven cities in the first nine months of 2023, about 24 per cent or 84,400 units were luxury homes priced >INR 1.5 crore. About 84,400 luxury units, priced >INR 1.5 crore were sold in the top seven cities between January-September this year, against approx. 39,300 in […]
