BUSINESS
After IAF Chief's 'Mazaa Nahi Aa Raha' Remark, Panel Formed to Address Tejas Delivery Delays
The Defence Ministry has formed a five-member committee to deal with the delays in the production and induction of the Light Combat Aircraft (LCA)-Mk1A. This comes after Indian Air Force (IAF) Chief Air Chief Marshal AP Singh expressed concerns over delays in the delivery of the LCA-Mk1A.
India's Private Sector Sees Higher Profits, Reduced Debt, RBI Report
As per RBI report, "The operating profits increased by 15.3 per cent in 2023-24 compared to 4.2 per cent growth in the earlier year at aggregate level. Growth in operating profits of the manufacturing and services sector was 13.2 per cent and 15.5 per cent respectively, in 2023-24, compared to (-) 3.9 per cent and 16.8 per cent growth during 2022-23.
India Dominates Global IPO Market in 2024, Surpassing $19 Billion in Fundraising
It raised $19.5 billion via IPOs, outdoing other key markets such as the US, where IPOs listed on Nasdaq raised $16.5 billion and those listed on the New York Stock Exchange (NYSE) raised $15.9 billion.
India's Private Sector Output Reaches 6-Month High in February: HSBC Survey
The survey also reflected an increased overall sales level, which resulted in higher operation needs and urged companies to increase the number of employees.
India's Trade Gap with China Soared from $2B to $40B During UPA Era, Says Piyush Goyal
Goyal blamed one of the great economic blunders of the 1990s—by India among others—on the choice of admitting China as a market economy and the admission of China to the World Trade Organization (WTO). But he observed that nations like India and the US are presently questioning Beijing's trade policies and predatory pricing on their own.
India's Trade Gap with China Soared from $2B to $40B During UPA Era, Says Piyush Goyal
Goyal blamed one of the great economic blunders of the 1990s—by India among others—on the choice of admitting China as a market economy and the admission of China to the World Trade Organization (WTO). But he observed that nations like India and the US are presently questioning Beijing's trade policies and predatory pricing on their own.
Indian E-Commerce Market Set to Reach $550 Billion by 2035: Report
In 2024, the industry had grown to a valuation of $125 billion and was expected to see growth at a compound annual rate (CAGR) of 15% to possibly reach $345 billion in 2030.
India to Emerge as High-Income Nation with $23–$35 Trillion GDP by 2047
With almost 200 million workers likely to enter the labor force over the next few decades, India has a singular chance to generate high-value employment and realize significant economic potential.
India Set to Remain World's Fastest Growing Economy in 2025-26: RBI Bulletin
The 2025-26 Union Budget is characterized by balancing fiscal consolidation and growth on prudent lines. The budget reaffirms its emphasis on capital expenditure (Capex) while also formulating strategies for increasing household income and consumption.
Trump Slams Zelenskyy as 'Dictator Without Elections,' Warns Him to Act Fast or Lose Ukraine
Trump spoke after Zelenskyy had made statements on the same day, declaring that the US president was moving in a "disinformation space.
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