Jubilant FoodWorks Flags LPG Supply Constraints
Jubilant FoodWorks flags LPG supply constraints due to Middle East tensions; says impact limited, shifts to PNG and electricity.
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Crisil Ratings Forecasts 6.8% GDP Growth For India In FY25
- by BW Retail World Bureau
- March 7, 2024
Crisil Ratings, an Indian rating agency, forecast a 6.8 per cent growth in India’s GDP for the upcoming fiscal year. Their India Outlook report predicts the country’s economy will benefit from domestic reforms and cyclical trends, potentially solidifying its position as the world’s third-largest economy by 2031. The report acknowledges a projected moderation from the […]
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Trade
India-Australia Trade Surges 14% After Trade Agreement
- by BW Retail World Bureau
- December 30, 2023
Exports from India to Australia have grown by 14 per cent to USD 5.8 billion in April-November this fiscal year due to the strong growth of various sectors, such as engineering, pharmaceuticals and electronics, according to a senior official’s statement on 29 December. The interim free trade agreement implemented on 29 December last year has […]
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Reliance And Brookfield To Invest In Renewable Energy Manufacturing In Australia
- by BW Retail World Bureau
- August 25, 2023
Reliance Industries and Brookfield Asset Management have recently joined forces through an initial agreement aimed at exploring opportunities for manufacturing renewable energy and decarbonisation equipment in Australia. This collaboration is centred around a Memorandum of Understanding (MoU) with the objective of accelerating and de-risking Australia’s energy transition, focusing on local production of clean energy equipment […]
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Adani’s Copper-producing Factory In Mundra To Commence Operations In March 2024
- by BW Retail World Bureau
- July 24, 2023
Adani Group’s copper-producing factory in Mundra, Gujarat is set to commence operations in March of 2024. This development is expected to reduce India’s reliance on imported copper and support the country’s transition towards clean energy. Copper plays a vital role in electrification as it is extensively used in various technologies crucial for the energy transition, […]