BUSINESS
World Bank Increases China's GDP Growth Forecast for 2024 and 2025
This year, China's economy suffered due to a property crisis and weak domestic demand with the potential hike of the U.S. tariff mounting pressure on growth.
Branded Hotels in India Expected to See Double-Digit Growth in FY25 and FY26: Crisil
Operating margin is expected to rise by 100-150 bps this fiscal and remain at comparable levels next fiscal with the benefits of operating leverage coming in and other cost optimisation measures undertaken, according to a report by Crisil Ratings.
Electronics Become India's Fastest Growing Export Segment
The country's electronic exports jumped by a robust 27.4 per cent to $22.5 billion in April-November of 2024-25, from $17.66 billion during the same period in 2023-24.
Over 42 Lakh New Investors Enter Indian Stock Market in November
Benchmark indices Nifty and Sensex hit all-time highs of 26,277.35 and 85,978.25, respectively, this year.
India Set for Record IPO Fundraising in 2025, Surpassing Rs 2 Lakh Crore
According to the report by Pantomath Group, a leading financial services conglomerate, India hosted twice as many IPOs as the US and 2.5 times more than Europe this year, as the country emerged as the leader in IPO volume globally.
India's Equity Markets Reach $5.29 Trillion Market Cap, Becoming the 4th Largest Globally
Benchmark indices Nifty and Sensex scaled to record peaks of 26,277.35 and 85,978.25 respectively, in this calendar year, as per a report from Pantomath Group, leading financial services conglomerate.
Not Just India: US, China, and Canada Also Fine Deloitte for Violating Audit Standards
In the last five years, many other countries including the US, China and Canada fined Deloitte for ignoring audit standards.
VC Funding in China Falls 22.5% in Jan-Nov, While India Sees Significant Surge
According to a report by GlobalData, a leading data and analytics company, on Thursday, a total of 2,313 VC funding deals were announced in China during January-November 2024 while the total disclosed funding value of those deals stood at $32.3 billion.
India Sees 18.89 Million International Tourist Arrivals in 2023, Forex Earnings Exceed Rs 2.31 Lakh Crore: Centre
According to data released by the Ministry of Tourism, Foreign tourist arrivals (FTAs) in India during 2023 were 9.52 million and domestic tourist visits (DTVs) were 2,509 million.
NRI Remittances Reach Record $11.9 Billion in April-October, Says RBI
The total outstanding NRI deposits as of October 2024 has now increased to $162.7 billion as compared to $143.5 billion during the same period last year.
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