BUSINESS
India’s Steel Output Growth Surpasses China’s, Says Report
The report underscores India's stellar performance in steel production growth, observing that from 2016-2024, India maintained a compound annual growth rate (CAGR) of approximately 5%.
FDI Inflows Jump to $8.8 Billion in April as India Attracts More Investment
This marks a significant increase compared to $5.9 billion in March and $7.2 billion in April 2024. The surge was largely driven by inflows into the manufacturing and business services sectors, which together contributed to nearly half of the total.
Ola Electric Shares Plunge 72% from Peak on Weak Earnings and Block Deals
Since that high point, the stock of the company has been in uncontrolled free fall with no reversal in sight. On Tuesday, it fell to a new low of ₹43.16 on the NSE, down 72% from its all-time high.
Ambani Calls Jio His Boldest Business Gamble Yet
Looking back at the early doubts over the ambitious telecom project, Ambani reflected in an interview to McKinsey & Company, a global consulting firm.
India Rises to 3rd Spot in Global Tech Startup Funding in H1 2025
Even with a decline in funding from last year, India has gone past nations such as Germany and Israel, but the United States and United Kingdom remain ahead of it in terms of overall tech startup investments, the report by market intelligence company Tracxn found.
Trade agreements with US, EU to be concluded soon, Says Nirmala Sitharaman
Addressing the Exim Bank Trade Conclave 2025, Sitharaman underlined the toughness of India's export industry, which was able to increase by 6% in the last year despite global exports increasing by merely 4%.
RBI Rate Cuts Boost Housing Affordability: Report
The company's latest Affordability Index shows that among the eight top cities in the nation, Ahmedabad is still the most affordable, with an EMI-to-income rate of 18%. Pune comes next at 22% and Kolkata at 23%.
S&P Global Ratings Forecasts 6.5% GDP Growth for India in FY 2025–26
The report noted that India's relatively narrow dependence on merchandise exports supports its capacity to resist global economic slowdowns, with domestic demand emerging as a stabilizing force.
India Emerging as Global Growth Engine, Poised to Overtake G7
Equirus names four key drivers of India's long-term growth momentum: strong macroeconomic fundamentals, a spurt in policy-led capital spend, a rebound in rural consumption, and revolutionary shifts in the manufacturing sector.
HSBC Flash PMI Shows India’s Economic Activity at 14‑Month Peak in June
The HSBC Flash India Composite Output Index — a seasonally adjusted measure of monthly change in the manufacturing and services sector output — rose to 61.0 in June. This is the highest reading since April 2023 and signifies a strong expansion, well above the long-run average.
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