BUSINESS
PM Modi Engages Economists in Brainstorming Session Ahead of Budget
The Finance Minister was also present at the meeting which was attended by Niti Aayog Vice Chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, Chief Economic Advisor Anantha Nageswaran and renowned economists, including Surjit Bhalla and DK Joshi.
China Plans to Raise Deficit and Boost Spending in 2025, Says State Media
The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt.
Indian Firms Break Records with Robust Equity Market Fundraising in 2024
During this period, shares worth Rs 1.39 lakh crore were sold to institutional investors. This is the highest figure ever for raising capital through public issues.
Biden Initiates New Chinese Chips Trade Probe, Set to Transfer Responsibility to Trump
US Trade Representative Katherine Tai said the probe was geared to protect American as well as other semiconductor manufacturers against China's enormous state-led build-up of the local chip supply.
Bengaluru Leads as India's Office Leasing Market Sees 14% Growth in 2024
Bengaluru dominated Grade A office space demand, witnessing the highest ever volume of leasing at 21.7 million square feet with 40 percent growth, according to Colliers.
Bangladesh Faces Rs 200 Crore Electricity Bill Debt to Tripura
Tripura supplies 60-70 megawatts of power to the neighbouring country according to an agreement signed by the Tripura State Electricity Corporation Limited through the NTPC Vidyut Vyapar Nigam Limited with the Bangladesh Power Development Board.
India Adds 30 Million New Demat Accounts Annually, with Women Making Up 25% of Investors
The report from the State Bank of India's Economic Research Department also stated that owing to this, the total demat accounts in the country crossed 150 million(of which 92 million are unique investors on NSE) in FY24 as compared to a paltry 22 million in FY14.
SBI Report: India's Savings Rate Surpasses Global Average
The report points out that due to various measures, India's financial inclusion improved significantly and now more than 80 percent of adults in India have a formal financial account, compared to about 50 percent in 2011, which is improving the financialisation of the savings rate of Indian households.
FDI from Gulf Countries to India Rises to $24.54 Billion in 12 Years
According to the figures, it reflects strengthening economic ties between India and the Gulf region wherein nearly as much as 89 per cent of FDI into India from the GCC countries comes in the last 10 years.
Starbucks Workers Extend Strike Across US Cities, Including New York
The five-day walkout, which began Friday and initially shuttered Starbucks cafes in Los Angeles, Chicago and Seattle, added locations in New Jersey, New York, Philadelphia and St. Louis, according to a statement from Workers United. It did not indicate in which New Jersey city the walkout was occurring.
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