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INDIA GDP EXPANSION 2023
Tesla Cybertruck hits a dead end: Elon Musk's futuristic EV launched 4 years after unveiling, sold only 10% of his target, with its biggest buyer being another of the billionaire's companiesElon Musk revealed that Tesla will halt Cybertruck production at Gigafactory Texas around mid-2027. The Cybertruck sold only 20,237 units l...
BMW Industries Q2 Results: Net profit rise 43% YoY to Rs 21.62 croreBMW Industries Ltd has reported an impressive 42.7 percent increase in net profit for the quarter ending on September 30. The firm's total ...
Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operationsThe proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia curr...
Indian GCCs set to add 35k jobs in 2027ANSR expects these jobs – ranging from 30,000 to 35,000 - to be added by 160-175 new greenfield GCCs amid an increasing number of inquiries...
Unilever to take India playbook to Africa, Vietnam, Pakistan and Bangladesh to drive growthUnilever plans to use its India business as a blueprint for growth in Africa, Vietnam, Pakistan and Bangladesh. The company aims to replica...
Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
AI to reshape India's office space demand, workforce seen at 48 million by 2030: ReportAI is expected to change the nature of India's office space demand rather than reduce it, with the country's office-using workforce project...
Sebi approves Coal India unit Mahanadi Coalfields IPOCoal India's Mahanadi Coalfields has just secured approval for an upcoming IPO, set to launch soon. This offering will potentially sell 661...
New orders & robust demand lift India's October services growth to 4-month highGrowth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Ser...
Unilever announces €35 million investment for R&D expansion in India’s Mumbai and Bengaluru hubsUnilever announced a plan to invest an additional €35 million in its Indian research and development operations. The investment aims to enh...
India's services growth accelerates to 55.8 in October, cost pressures ease to six-year lowIndia's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' ...
India’s illegal gold imports surge 1,500% after tax hikeIndia's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the gove...
R&D-focused stocks deliver over 23% annualised returns in five years, outperform NSE 500: Monarch AIFIndian companies increasing R&D spending outperformed the NSE 500 TRI over five years, delivering 23.5% average annualised returns. Busines...
India will become the world’s largest economy by end of the century, predicts top economist Jeffrey D SachsRenowned economist Jeffrey D Sachs said India could become the world’s largest economy by the end of the century, with a population twice t...
With G-sec yields rising, countries have no alternative but to increase their bullion holdingsIn India yield on T-year G secs has increased by 0.4 percentage points over the same period. Unfortunately, governments are confronting the...
New GST norms to simplify pan-India expansion for D2C brandsAmong a set of changes approved by the 57th GST Council meeting on October 8, are new rules that allow brands to declare an ecommerce platf...
India lifted 496 million people out of poverty between 2011 and 2023, says World BankBetween 2011 and 2023, India successfully elevated about 496 million people from poverty, showcasing a significant reduction in those livin...