BUSINESS
India's Manufacturing Growth Slows but Remains Resilient in February: Report
While this marginal dip means that the PMI still firmly lies in expansionary ground, it does show that growth is slowing down.
Tesla Secures Deal for First Indian Showroom in Mumbai's BKC, Plans Second Outlet in Delhi
Tesla's 4,000 sq ft showroom would be at ground level of an office tower complex in BKC. Tesla is reportedly shelling out one of the highest commercial space rents in the region, ₹900 a square foot, or approximately ₹35 lakh a month.
Adani Group Resumes US Investment Plans: Reports
The strategic decision comes following the election of President Donald Trump, whose pro-business outlook has boosted the conglomerate to renew its U.S. investment agenda, the Financial Times reported.
Reliance Industries shares fall 3% to fresh 52-week low
The decline indicates continued worries about continued foreign institutional investor (FII) outflows and weakness in the overall market.
"I Am the Byju of BYJU'S": CEO Raveendran Demands Probe into EY-Glas Trust ‘Collusion’
Beginning with the line, "I am the Byju of BYJU'S," he set out his side of the story on the collapse of the company, accusing misrepresentations and stating that he has sold all his assets "to keep his mission alive."
Pakistan’s Tax Shortfall Expands to Rs 606 Billion This Fiscal Year: Report
According to The Express Tribune, the Federal Board of Revenue (FBR) incurred a huge shortfall of Rs 606 billion against its July-February target of Rs 7.95 trillion. The FBR collected Rs 7.342 trillion in the period, recording a whopping 28 percent growth. This rise, however, was short of the IMF-recommended target, causing financial pressures.
India now emerging as factory of world, Says PM Modi
Speaking at the NXT conclave while launching the 'NewsX World' channel, Modi said that India was once considered the world's back office but is now coming up as a big manufacturing base.
India’s Strong Growth Opens Door for Reforms to Attain Advanced Economy Status by 2047: IMF
A report issued following the IMF's annual consultations with India applauded the government's macroeconomic policies and reforms, which have helped the nation's resilience and its status as the fastest-growing major economy.
India’s GDP Growth Rises to 6.2% in Q3, Forecasted at 6.5% for 2024-25
The growth was led by strong rural consumption, fueled by a good monsoon, and higher government expenditure on infrastructure activities.
Core Sector Industries Record 4.6% Growth in January
The report reflected growth in production of major sectors such as cement, refinery products, coal, steel, fertilisers, and electricity in the month.
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