India’s retail inflation eased to 5.02 per cent from 6.83 per cent in September which is a three-month low banking on sliding vegetable prices but remained above 4 per cent, a target aimed by the Reserve Bank of India (RBI). It is likely that RBI would like to get comfortable with inflation before easing rates. […]
Union Minister Piyush Goyal on Thursday asked the industrialists of the country to accelerate production activity and contribute to making India a global hub for manufacturing. “The minister asked the industry to accelerate production activity and contribute to making India a global hub for manufacturing. The Minister emphasized the Government’s steadfast commitment to providing consistent […]
The Reserve Bank of India (RBI) has released preliminary data on India’s Balance of Payments (BoP) for the first quarter (Q1) of the fiscal year 2023-24, covering the period from April to June. The data reveals significant developments and trends in India’s economic position on the global stage. One of the standout features of India’s […]
Diamonds have always been an enduring symbol of love, happiness and the celebration of life’s most cherished moments. As we approach the upcoming festive season, the diamond jewelry industry is poised for significant growth, with expectations of a remarkable 20 per cent increase compared to last year’s festivities. This year has witnessed phenomenal growth in […]
In a major achievement for Chief Minister Yogi Adityanath-led Uttar Pradesh government, over 500 foreign buyers registered on the third day of the five-day UP International Trade Show being held at India Expo Center in Greater Noida on Sunday. The trade show, which aims at showcasing UP’s products to the global audience and also attracts […]
Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a retreat in the prices of some key food items, the government said in its monthly economic report on Friday. The comment comes as oil prices rose to 10-month highs earlier this week before easing, […]
Luxury brands like Gucci, Cartier, and Louis Vuitton have inked leases for stores in the new Mumbai mall created by Indian tycoon Mukesh Ambani, capitalising on robust economic growth and a surge in the number of millionaires. The Jio World Plaza, set to open this year within Reliance Industries’ USD 1 billion business and cultural […]
India’s real estate sector is expected to expand to USD 5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according to a report. The current real estate is estimated to be about USD 477 billion. The report released by real estate consultant Knight Frank India in association with the National Real […]
External Affairs Minister S Jaishankar on Thursday, highlighted four key pillars of cooperation between India and Latin America and the Caribbean (LAC region) and said that the two economies can target USD 100 billion in trade by 2027. Jaishankar also highlighted four key pillars of enhanced engagement namely; supply chain diversification; resource partnerships; sharing of […]
Union Minister for Textiles Piyush on Wednesday discussed the roadmap to achieve the target of USD 250 billion in textiles production and USD 100 billion in exports by 2030. While interacting with the officers and staff during the Chintan Shivir organised by the Ministry of Textiles, Goyal emphasised on a holistic approach towards making the […]
