BUSINESS
India ranks among top textile exporters with 4 pc global share, Says Minister
Exports of textiles and garments, including handicrafts, recorded a growth of 7% between the months of April to December 2024 with respect to corresponding months last year. The United States, the European Union, and the United Kingdom collectively accounted for 53% of total textile exports during fiscal year 2023-24, in a written statement by Pabitra Margherita, the Minister of State for Textiles, in Lok Sabha.
India to Contribute 6% to Global Trade Growth and Secure 3rd Position by 2029: Report
India will continue to rank third in the volume of overall trade during this time while moving up 15 places in the speed of trade growth. Its compound annual volume growth rate of trade is projected to rise from 5.2% to 7.2%, according to the 'DHL Trade Atlas 2025' report.
Delhi Airport's Expanded Terminal 1 Set to Start Full Operations on April 15, 2025
This is a major milestone in the ongoing modernization and expansion of the airport, which will become India's largest and most sophisticated aviation hub.
India's Warehousing and Logistics Sector Experiences 203% Investment Growth in 2024
The sector's investment witnessed an astonishing 203% rise on a year-on-year basis, driven by the skyrocketing need for warehouses, specifically due to the quick commerce sector's lightning-fast expansion.
India's Coffee Exports Rise 40% to Exceed $1.54 Billion in April-Feb
Outward shipment of coffee went up by 22% to $178.68 million in February from $146.08 million in the corresponding month of last year.
Govt's Infrastructure Push to Help India’s Logistics Compete with China and the US, Saya Gadkari
It is intended to make India more competitive as a match to economic giants like China and the USA. Gadkari made this declaration while inaugurating the Convergence India & 10th Smart Cities India Expo at Bharat Mandapam.
Indian Economy Stays Resilient Despite Growing Global Challenges: RBI bulletin
The health of the agricultural sector and positive consumption trends are the best barometers of this resilience.
India's GDP Projected to Grow 6.7% in FY25, Leading Asia-Pacific Growth: S&P Global
The report identifies that India's limited exposure to the US protects it from risks of trade tariffs, and its strong domestic orientation and good economic fundamentals enable to strengthen Indian firms against outside pressure.
Sensex and Nifty Continue Uptrend for Third Consecutive Day, Midcap Stocks Lead Gains
The 30-share Sensex touched an intra-day high of 75,568.38 before closing at 75,449.05, a gain of 147.79 points or 0.20% over Tuesday's close.
India's Robust Domestic Market to Mitigate Impact of US Tariff Hike: Fitch
Fitch reaffirmed its FY26 prediction while increasing its FY27 estimate to 6.3%, from 6.2% in December. The prediction is higher than the OECD's 6.4% FY26 growth estimate but lower than the Reserve Bank of India's estimate of 6.7%.
Don't Miss
Advertisement