Economic News

60% of all the Covid vaccines used globally are produced in India: Finance Minister

August 18, 2022

Almost 60% of all the vaccines for the coronavirus used …

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Manufacturing sector investments up by 20.9% in FY20

August 18, 2022

Investments in India’s manufacturing sector increased by 20.9% in FY20, …

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India’s semiconductor component market to reach US$ 300 bn by 2026: Report

August 17, 2022

India’s semiconductor component market is expected to reach a total …

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India to see 10% median pay hike in 2023: Report

August 17, 2022

India Inc. is expected to witness a 10% median salary …

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Exports grow by 2.14% to US$ 36.27 billion in July

August 16, 2022

India’s exports increased by 2.14% to US$ 36.27 billion in …

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Industrial output up by 12.3% in June

August 16, 2022

India’s industrial output (IIP) increased by 12.3% in June, led …

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India to be the fastest growing Asian economy in FY23: Morgan Stanley

August 11, 2022

India is expected to be the fastest-growing Asian economy in …

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India and EU to hold next round of FTA talks in early October

August 11, 2022

India is expected to hold the next round of FTA …

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Luxury retail brands to expand operations; scout for talent

August 11, 2022

Luxury retail companies are scouting for talent in India to …

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Fintech market to see US$ 1 trillion in AUM, US$ 200 billion in revenue by 2030

August 10, 2022

India’s Financial Technology (fintech) market is expected to achieve US$ …

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Merchants using softPoS solutions to grow by 475% by 2027

August 9, 2022

The total number of merchants making use of software-only softPoS …

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India’s outbound tourism to cross $42 billion by 2024: Report

August 8, 2022

Outbound trips from India will surpass US$ 42 billion in …

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Deadline for design-linked plan under telecom PLI extended to August 25

August 6, 2022

The government has extended the deadline to submit applications for …

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E-way bills in July the second highest since 2018

August 5, 2022

E-way bills generated for inter-state commerce grew by 18% YOY, …

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FMCGs to see double-digit growth this year

August 4, 2022

According to market research firm Nielsen’s projections, the FMCG industry …

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