BUSINESS
India’s CNG Vehicle Fleet Triples to 7.5 Million in 8 Years Amid Green Push: Crisil
With this boom, the number of CNG vehicles on Indian roads is likely to touch 7.5 million—almost three times the 2.6 million in fiscal 2016—equating to a Compound Annual Growth Rate (CAGR) of around 12%, according to the report.
NRI Account Deposits Surge 43% to $13.33 Billion Between April and December
Consequently, outstanding NRI deposits stood at $161.8 billion as of December 2024, from $146.9 billion in the corresponding period last year.
Trump Set to Announce Tariffs on Cars, Chips, and Pharmaceuticals Within a Month
His campaign for new levies will aim to trim America's trade deficits, beef up domestic production, and fund overall policy initiatives.
Salaries in India Expected to Rise by 9.2% in 2025, Driven by Manufacturing and GCC Sectors
With continuing world uncertainties and decelerating growth, the 9.2% growth is a modest decline from 9.3% growth in 2024. India's salary increases will stabilize in 2025, according to Aon's new "Salary Increase and Turnover Survey 2024-25 India."
SBI Forecasts India’s GDP Growth at 6.3% for Q3 of 2024-25
Based on SBI research paper, issued yesterday, the softening which took place during second quarter (Q2) has been construed as a "blip."
India's Mobile Exports to Surpass ₹1.8 Lakh Crore in FY25, Marking 680% Growth Since PLI Launch
During April to January of this financial year, the nation has already seen ₹1,50,000 crore worth of mobile exports, while January alone contributed more than ₹25,000 crore, according to data with the India Cellular and Electronics Association (ICEA).
India-UAE Trade Soars to $83.7 Billion in Two Years Following Economic Pact
According to the Ministry of Commerce and Industry, the two-way trade virtually doubled to $83.7 billion in the year 2023–24 from $43.3 billion in FY 2020–21.
Trump Unveils Trade Policy Featuring Reciprocal Tariffs, Promises 'Fairness and Prosperity'
Taking to X, Trump said, “On Trade, I have decided, for purposes of Fairness, that I will charge a RECIPROCAL Tariff meaning, whatever Countries charge the United States of America, we will charge them – No more, no less!"
Ola Electric Shares Hit All-Time Low, Investors Lose Around Rs 40,000 Crore
Its shares are currently traded at a low of around Rs 70 a share, dropping by almost 55% from its highest value of Rs 157.40 a share. It has even dropped below the price it launched in public offering at Rs 76.
Morgan Stanley Predicts Potential Revival for Indian Stocks, Cites Global Factors as Key
In its recent report, the company admitted that identifying market bottoms is difficult, but "buying Indian equities could prove rewarding." It said that India is coming out of a phase of sluggish growth and that global news is turning positive.
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