November 21, 2024
The government initiatives such as Make in India and production linked incentive schemes for different sectors are helping attract foreign investors to set up bases in India: CII
In a letter to Minister Piyush Goyal, CII Director General Chandrajit Banerjee said that the government’s increased investments in infrastructure such as roads, railways & ports are making the domestic industry more competitive
The policy shift within India has occurred at the same time as geopolitical conditions have become favourable for India, with many global companies looking to diversify their geographical base
November 21, 2024
Guyana’s President Mohamed Irfaan Ali praised PM Modi, calling him a “champion among leaders" for his impactful leadership and contribution to the developing world
Speaking at a meeting in Georgetown, Guyana’s President Mohamed Irfaan Ali commended PM Modi’s governance style, noting their relevance and adoption in Guyana and other nations
PM Modi arrived in Guyana following the G20 Summit in Brazil, becoming the first Indian leader to visit the country in 56 years
November 21, 2024
The government's massive digitisation push has transformed PDS, setting new benchmarks for food security programs globally: Food Ministry
The overhaul of the system, which serves 80.6 crore beneficiaries, has led to the removal of 5.8 crore fake ration cards through Aadhaar-based authentication and eKYC verification
Nearly all 20.4 crore ration cards have been digitised, with 99.8% linked to Aadhaar and 98.7% beneficiaries' credentials verified through biometric authentication
Net formal job creation under EPFO stood at 1.88 million in September, a jump of 9.3% compared to 1.72 million added in September 2023
The retirement fund body witnessed a month-on-month increase of 1.6% when compared to 1.85 million net formal jobs created in August this year
Net new subscribers added to EPFO stood at 1.41 million in April, 1.51 million in May and 1.67 million in June and 1.99 million in July this year
India and Australia sealed an ambitious renewable energy partnership and set their eyes on a comprehensive economic cooperation agreement
A raft of issues including ways to boost ties in areas of defence and security ties, mobility, science & technology & education figured prominently at the second India-Australia annual conclave
We have been and will continue to support peace, stability and prosperity in the Indo-Pacific region together: PM Modi
November 21, 2024
The average ticket size of homes sold in India's top seven cities has touched Rs 1.23 crore in the first half of fiscal year 2025: Report
Over 2,27,400 units worth approximately Rs 2,79,309 crore were sold across the top 7 cities between April and September 2024: Report
A deep-dive reveals that at 56%, NCR saw the highest average ticket size growth – from approximately Rs 93 lakh in H1 FY2024 to over Rs 1.45 crore in H1 FY2025: Report
India and Guyana firmed up 10 agreements to shore up cooperation in a range of key sectors such as hydrocarbons, digital payment systems, pharmaceutical, and defence
The visit of an Indian Prime Minister to Guyana after 56 years is an important milestone in our relations. I have had a deep personal bond with Guyana: PM Modi
Close cooperation in the field of defence is a symbol of our deep mutual trust. I am happy that this year India has supplied two Dornier aircraft to Guyana: PM Modi
November 21, 2024
There was a robust 14% growth in two-wheeler retail sales during the festive season (October 3-November 13), aided by festive cheer and an improvement in rural demand: ICRA
Dealers reported a significant increase in footfalls and bookings and as per channel check, enquiries and sales conversions were strong: ICRA
Passenger vehicle sales, including cars and SUVs, also increased to their highest-ever monthly level of 3.93 lakh units in October: ICRA
India’s services exports will outpace merchandise exports by 2030, marking a major shift in the country’s trade dynamics: GTRI
Services exports are projected to be $618.21 billion, higher than merchandise exports at $613.04 billion by FY30: GTRI
Between FY2019 and FY2024, services exports rose at a compound annual growth rate (CAGR) of 10.5%, nearly double the 5.8% CAGR of merchandise exports: GTRI
November 21, 2024
India might overshoot its capex target of 11.1 trillion rupees ($131.72 billion) for fiscal year 2024-25: Economic Affairs Secretary Ajay Seth
Economic Affairs Secretary Ajay Seth said the government saw no downside risks to its growth projection of 6.5%-7% for fiscal year 2024-25
Economic Affairs Secretary Ajay Seth said at an event in New Delhi that India's inflation poses ‘no challenge’
November 21, 2024
PM Modi and Guyanese President Mohamed Irfaan Ali planted a sapling in Georgetown under the ‘Ek Ped Ma Ke Naam’ initiative
PM Modi, who arrived in Guyana, is the first Indian head of the state to visit the country in more than 50 years
Thank you very much, Prime Minister Modi. It is our greatest honour to have you here: Guyana’s President Mohamed Irfaan Ali
PM Modi’s participation at the G20 Summit held in Brazil on 18-19 November holds immense significance in the current geopolitical context
The Global South has been steadily growing in strength under India’s core diplomatic conceptualisation of “Vishwamitra”
Not only did PM Modi become the first Indian Prime Minister to visit Nigeria in 17 years, but he also raised critical global issues such as terrorism, separatism, piracy, and drug trafficking
The Indian insurtech sector has raised over USD 2.5 billion and is expected to attract more investment due to significant growth opportunities: BCG
India is home to around 150 insurtech companies, including 10 unicorns and over 45 "minicorns," with revenue increasing 12 times in the past five years to reach USD 750 million: BCG
Cumulative funding has surpassed USD 2.5 billion, bringing the total ecosystem valuation to over USD 13.6 billion: BCG
November 21, 2024
India now produces 330 million tonnes of food grains annually, contributing significantly to global food trade: Union Agriculture Minister Shivraj Singh Chouhan
Under the PM Krishi Sinchai Yojana, the government has focused on judicious use of water, reducing wastage and reducing peak nutrient residues
We are also going to start Modern Agriculture Chaupa: Union Agriculture Minister Shivraj Singh Chouhan
November 21, 2024
India will be increasing its pharma exports to the Caribbean nation and is planning to set up 'Jan Aushadhi Kendras' there: PM Modi
PM Modi also termed his visit 'the first by an Indian PM to Guyana' as a "significant milestone"
Both India and Guyana agree on the need for the reformation of global institutions: PM Modi
November 21, 2024
Equity investments in Indian real estate may rise 49% to $11 billion this calendar year amid strong demand for properties: CII & CBRE
Equity capital inflows into tier-II and III cities reached nearly $0.6 billion: CII & CBRE
Domestic investors invested nearly $6 billion in India’s equity market
November 21, 2024
Apple India's revenue rose 36% to Rs 67,122 crore ($8 billion) in FY24: Tofler data
We also opened two new stores during the quarter, and we can't wait to bring four new stores to customers in India: Tim Cook, Apple CEO
Apple India’s net profit rose 23% to Rs 2,746 crore during FY24: Tofler data
November 21, 2024
India and Guyana signed five agreements covering cooperation in hydrocarbons, healthcare, culture and agriculture
Guyana would be instrumental in India's energy security: PM Modi
PM Modi’s visit to Guyana marked a significant development in diplomatic relations, being the first visit by an Indian PM to Guyana in 56 years
November 21, 2024
The total jobs reported by MSMEs registered with the government has crossed the 23-crore mark: Data, MSME Ministry
5.49 crore MSMEs registered with the government’s Udyam portal have reported 23.14 crore jobs: Data, MSME Ministry
46.7 million jobs (4.67 crores) were generated in the country in FY24: RBI data
November 21, 2024
India could provide a venue for talks between Russia and the US: Kiselev, General Director of Sputnik News on being asked about India’s role in the Russia-Ukraine conflict
Kiselev, General Director, of Sputnik news, dismissed the idea of mediation between Russian President Vladimir Putin and Ukrainian President Zelenskyy
There is a sense of chemistry between the two leaders, which is a major asset: Kiselev, General Director, Sputnik news on being asked about ties between India-Russia
PM Modi proposed seven key pillars to strengthen ties between India and 'CARICOM'
PM Modi joined leaders from the Caribbean partner countries for the second India-CARICOM Summit in Guyana
PM Modi’s arrival in Guyana marked the first visit by an Indian head of State in more than 50 years
November 21, 2024
PM Modi was conferred with Dominica’s highest national award ‘Dominica Award of Honour’ by President Sylvanie Burton
PM Modi was conferred with Dominica’s highest national award ‘Dominica Award of Honour’ for his contributions to the Caribbean nation during the COVID-19
PM Modi was awarded the highest national award of Guyana ‘The Order of Excellence’
November 21, 2024
Booking Holdings said India is among its top 5 priority markets, as the country grows at a faster rate than the entire Asia region
The improvements India has made in airports and infrastructure, the expansion of the airlines, etc., are making India a destination of choice: Ewout Steenbergen, Booking Holdings
Crediting infrastructural developments for the growth of the travel market is helping revive global interest in India
November 21, 2024
According to tech industry leaders, India’s GCCs are fast evolving from back-office support centres to dynamic hubs of innovation and talent
SAP India began its operations in 1996 with its HQ in Bengaluru and 100 employees, has 16,000 employees now
India’s GCCs are projected to become a $100 billion industry by 2030, employing over 2.5 million professionals: Report
President of Guyana Dr Irfaan Ali conferred the Order of Excellence, the country's highest civilian honour, on PM Modi
This honour does not only belong to me but also to 1.4 billion Indians: PM Modi on receiving the highest civilian honour in Guyana
The India-Guyana partnership thrives on well-established bilateral frameworks, joint ministerial commission and periodic consultations
Formal job creation under the Employees’ State Insurance Corporation (ESIC) went up by 9.04% in September to 2.05 million compared to 1.88 million in September 2023: Ministry
Out of the total 2.05 million employees added during the month, 1.0 million employees or 48.8% of the total registrations belong to the age group of up to 25 years: Govt
Gender-wise analysis of the payroll data indicates that net enrolment of female members has been 0.39 million in September, 2024: ESCI
November 20, 2024
In a significant milestone, more than 10 lakh senior citizens aged 70 and above have successfully enrolled for the newly launched Ayushman Vay Vandana Card
Enrolment for over 10 lakh 'Ayushman Vay Vandana Card’ within just three weeks of the card's rollout by Prime Minister Narendra Modi on October 29, 2024
'Ayushman Vay Vandana Card’: The initiative has received an overwhelming response, with nearly 4 lakh of the total enrolments being made by women
November 20, 2024
For the month of October, electronics exports reached $3.4 billion — a 45 per cent growth over last October, when the sector had clocked $2.4 billion in exports: Report
Electronics exports reached the highest-ever mark of $19.1 billion within a seven-month period of any financial year, at the end of October 2024: Report
The momentum in electronics exports has been built due to the big push in exports through the smartphone production-linked incentive scheme
November 20, 2024
Nights booked by Indian guests in the domestic market grew by over 30 per cent in the first three quarters of 2024 compared to the same period last year: Airbnb
India is one of the fastest-growing emerging markets for Airbnb, the US-based vacation rental company, says Airbnb
Airbnb’s Amanpreet Bajaj says the growth rate of some of the expansion markets, including India, is double that of the company's core market regions like the US, Canada, Australia, France, and the UK
India's renewable energy capacity is projected to hit 250 GW by March 2026, fueled by a robust project pipeline and increased tendering activity: Icra
India's renewable energy capacity will be driven by rooftop solar and commercial & industrial segments: Icra
Icra says it expects the installed renewable energy capacity, including large hydro projects, in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024
November 20, 2024
India has successfully flight-tested its first long-range hypersonic missile, a major boost to its military prowess that puts the country in a select group of nations: Rajnath Singh
Former DRDO chairman Dr G Satheesh Reddy, Rajat says the new missile was “a game-changer” with multiple applications in the Army, Navy and Indian Air Force
Hypersonic missiles can strike with extreme speed and evade most air-defence systems.: Report
November 20, 2024
Global learning firm Pearson is looking to double down on growth in India, which is among its top three focus markets globally
India, being one of the greatest growth engines in the world, is one of our top three focus markets for the future globally: Giovanni Giovannelli, president, English Language Learning at Pearson
We have always done well in this country and we have been very pleased with the performance of the India business and its growth: Giovanni Giovannelli, president, English Language Learning at Pearson
PM Modi urged the G20 grouping to accelerate efforts to ensure a cleaner and more sustainable future for all
At the G20 summit, PM Modi says it is essential for developed countries to fulfil their commitments to provide technology and finance in a timely manner to the developing nations
India is the first G20 country to have fulfilled the commitments made under the Paris agreement ahead of time: PM Modi at G20 summit
November 20, 2024
Turning the rural housing scheme into a weapon of empowerment, the Centre is aiming to ensure 100% women ownership of the houses being built for the poor
In the 2nd phase of PMAY (rural), government will strictly implement the mandatory clause that the houses be registered in the name of the women members of the beneficiary households
PMAY (rural) has the option of "women ownership" & "joint ownership", while ruling out "male only" registration of the subsidised houses being built
November 20, 2024
India and Australia have shared ambition to move faster, work together and deploy our complementary capabilities to drive climate action
India and Australia officially launched the Renewable Energy Partnership aimed at boosting two-way investment in the renewable energy sectors
PM Modi and PM Albanese held the 2nd India-Australia Annual Summit on the sidelines of the G20 Summit in Rio de Janeiro
November 20, 2024
PM Modi held a series of meetings with the leaders of three major Latin American economies - Brazil (G20 host), Argentina, and Chile - to discuss expanding trade partnerships etc
Had discussions with President Lula during the G20 Summit in Rio de Janeiro. Complimented him on Brazil's various efforts during its G20 presidency: PM Modi
After meeting the President of Chile, PM Modi said he met the President of Chile, Mr. Gabriel Boric Font. India's ties with Chile are getting stronger across sectors
November 20, 2024
According to an ICRA report, India will require about 78 gigawatt (Gw) of wind and solar energy by 2027, which represents huge potential
The demand for wind energy will continue, and there’s clear visibility for the next eight years. Wind Energy is at the peak of the cycle: Suzlon Group CEO
J P Chalasani, group chief executive officer of Suzlon, talks about the prospects of the Indian wind energy sector, opportunities in defence and railways etc
November 20, 2024
Retailers in India are anticipating a surge in sales during the second half of the financial year due to the increase in weddings
There’s about 4.8 million weddings during just October-December, generating business worth nearly Rs 6 lakh crore, according to CAIT
There are 47 auspicious days for tying the knot during October-March, more than three times the number of such days in the first half, which shows boost in retail demand: Report
November 20, 2024
Nissan Motor India has commenced exporting its newly launched SUV, Nissan Magnite, to South Africa
Nissan Motor India aims to make India an export hub
Nissan Motor India plans to export the Magnite to over 65 countries
November 20, 2024
NPCI is in talks with 10 countries to introduce the Unified Payments Interface (UPI) and Rupay
The average daily UPI transaction count crossed 500 million in September 2024: NPCI data
UPI Lite allows users to make low-value transactions without the need for a UPI pin
November 20, 2024
India's booming electronics industry is projected to add 12 million jobs by 2028: Report
The electronics manufacturing industry is surging, inspired by PM Modi's vision of making India a $500 billion electronics manufacturing hub by 2030
India is on the cusp of becoming a global leader in electronics manufacturing, with domestic production reaching $101 billion in FY23: Report
November 20, 2024
As per a report, 60% of the recent 40,000 healthcare job postings specifically target women healthcare professionals
There is an increase in demand for female healthcare professionals largely driven by expanded government spending
As healthcare services expand into tier 2 and tier 3 cities, the demand for female healthcare professionals continues to rise
November 20, 2024
The adoption of gender-responsive budgeting by India demonstrates her strong commitment to ensuring the efficient allocation of resources: UN Report
In the current financial year, the allocation for gender-budgeting was worth $37 million: Joint Secretary, MWCD, Preetam B. Yashwant
India has witnessed a paradigm shift in governance to ensure that women lead the way as architects: Joint Secretary, MWCD, Preetam B. Yashwant
November 20, 2024
The online pharmacy market has grown nearly four-fold from $512 million in 2018 to $2 billion in 2024: Pharmarack report
The number of hospitals in India has jumped from 43,500 in 2019 to 54,000 in 2024: Pharmarack report
The hospital beds are expected increase to about 1.7 million by 2030 in both urban and rural areas: Pharmarack report
November 20, 2024
Brazil President, Luiz Inacia Lula da Silva lauded India's "level of efficiency" in organising the G20 Summit last year
The 2024 G20 Summit under the leadership of Brazil saw the launch of the Global Alliance against Hunger and Poverty
President Lula told PM Modi a lot of things that they have tried to do in their G20 have been inspired by the G20 in India
November 20, 2024
America's Johns Hopkins University will launch two national programs in India to address paediatric TB elimination
America's Johns Hopkins University’s TB elimination program will focus on preventing, diagnosing, and treating active and latent cases of TB among students
America's Johns Hopkins University’s TB elimination program will provide linkage to care, education, and counseling
November 20, 2024
Tata Power and Bhutan's Druk Green Power Corporation have partnered to develop 5,000 MW of clean energy projects in Bhutan
Tata Power and Bhutan's Druk Green Power Corporation’s clean energy projects represent the largest collaboration in Asia's clean energy sector
Tata Power has a robust clean and green portfolio crossing 12.9 GW
November 20, 2024
72-year-old Ramchandra Swami, who was inspired by PM Modi’s Swachhata Mission has now become an example for India and the world
72-year-old Ramchandra Swami has been taking forward PM Modi's 'Clean India' mission for about 10 years
72-year-old Ramchandra Swami is PM Modi’s biggest fan and says that he has a wish to meet PM Modi
November 20, 2024
PM Modi witnessed a presentation of Ramayana in Brazil
The Ramayana in Brazil was performed by the students of Vishwa Vidya Gurukulam, dedicated to promoting Vedanta and Sanskrit
The founder of Vishwa Vidya Gurukulam, Acharya Vishwanath, welcomed PM Modi by reciting 'Sanskrit Mantra'
November 20, 2024
PM Modi held a series of high-level bilateral meetings with world leaders on the sidelines of the G20 Summit in Rio de Janeiro
PM Modi & President Macron discussed ways to further strengthen India-France ties in the areas of trade and investment, technology, AI, DPI
PM Modi’s meeting with Italian PM Giorgia Meloni centered on deepening cooperation in defense, security, trade and technology