BUSINESS

India’s CNG Vehicle Fleet Triples to 7.5 Million in 8 Years Amid Green Push: Crisil
Monika -
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
Kumar Manoj -
​​​​​​​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
Anurima Das -
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
Kumar Manoj -
​​​​​​​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
Siddhant Kumar -
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
Kumar Manoj -
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
Kumar Manoj -
​​​​​​​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'
Siddhant Kumar -
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
Kumar Manoj -
​​​​​​​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
Monika -
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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