Last year, the government unveiled the PM e-bus Sewa Scheme, allocating a significant $2.4 billion to deploy and operate 10,000 electric buses through a public-private partnership model in 169 eligible cities.These green vehicles will hit the roads in 2024, with full deployment planned for...
New Delhi, Union Minister of State for Commerce and Industry Jitin Prasad has asked the domestic toy industry to support artisans and promote creativity through toys.Addressing the Toy CEO Meet here on July 8, the Minister said the industry should step up collaboration to boost the growth of...
New Delhi (India), July 10: In a significant step towards revolutionizing the animation, visual effects, games and comics (AVGC) sector in India, ACME Group proudly announces the successful closing of the first round of funding for its CAT of 300 million rupees. II Alternative Investment Fund...
Washington, India's top corporate sector leader Surya Kant of Tata Sons, known for his pioneering contribution to the growth of India's IT sector, has joined the Board of Directors of the US-US Strategic and Partnership Forum. India (USISPF).“Sury’s leadership will help chart and guide the...
New Delhi: Operating conditions in India continued to be weak in the June quarter, although its domestic business performed well with "high-single-digit organic volume and mid-single-digit value growth," Godrej Consumer Products Ltd said. (GCPL).The reported growth will be double digit in...
Mumbai: The banking sector, which is at an all-time high in terms of financial parameters, is ready to support the growth of the Indian economy, Reserve Bank Deputy Governor Swaminathan J said on Tuesday.Addressing a conference of statutory auditors and chief financial officers of commercial...
Guwahati, Union Power Minister Manohar Lal Khattar on Tuesday emphasized collective efforts for a sustainable future along with advancing the growth of the power sector in the northeastern region.Chairing a meeting of energy ministers of the region in Guwahati, the minister highlighted the...
New Delhi: The Indian gaming industry is set to register 20 per cent growth to reach Rs 23.1 billion by FY25, according to a report on Tuesday, citing industry estimates that the number of online players in India it has reached 442 million, surpassing China.The Grant Thornton Bharat and...
According to the report published by the Foundation for Economic Growth and Wellbeing (EGROW Foundation), in collaboration with Primus Partners, the online gaming industry is growing to become one of the key job-generating industries in the coming years.Notably, the female workforce within the...
New Delhi, an RSS-linked magazine has highlighted the need to introduce a comprehensive national population control policy, pointing out a "demographic imbalance" emerging in certain areas of the country with "significant Muslim demographic growth".An editorial published in the latest issue of...
This is the third consecutive month that SIP inflows have crossed Rs 20,000 crore.According to Gopal Kavalireddy, vice president of research at FYERS, despite key events like year-end earnings, general elections, GDP and other economic data releases and FII outflows of Rs 75,000 crore, Q1 FY25...
Mumbai: The Reserve Bank's FI-Index, which reflects the extent of financial inclusion across the country, increased to 64.2 in March 2024, showing growth in all parameters.The index aggregates information on different aspects of financial inclusion into a single value between 0 and 100, where...
Singapore Singapore investor Temasek expects India's growth to remain strong over the next two years, driven by infrastructure-driven capital spending and a recovery in private consumption.Temasek on Tuesday reported a SGD 7 billion increase in its net portfolio value (NPV) to SGD 389 billion...
Mumbai, India added about 4.7 crore jobs during 2023-24, taking the total number of people employed across 27 sectors covering the entire economy to 64.33 crore, according to Reserve Bank data.The number of people employed at the end of March 2023 stood at 59.67 crore, said the RBI's update on...
The report published by Grant Thornton Bharat and the E-Gaming Federation (EGF) advocates for a comprehensive Code of Conduct (CoC) in the gaming industry, setting clear standards of ethical behavior to ensure accountability and transparency.According to industry estimates, the number of...
Mumbai's Industrial and Warehouse Logistics Park (IWLP) supply is estimated to grow 13-14 per cent year-on-year to around 424 million sq ft this fiscal across eight major markets, driven by strong demand , according to an ICRA report on Tuesday. .It said absorption is likely to be 47 million...
New Delhi, Realty firm Keystone Realtors Ltd on Tuesday reported 22 per cent growth in its sales bookings to Rs 611 crore during the April-June period of this financial year due to strong housing demand.In a regulatory filing, Keystone Realtors, which sells properties under the Rustomjee...
Warehousing space growth in India's eight major cities is driven by strong demand from the e-commerce, manufacturing and logistics sectors.Grade A warehouses will occupy a larger market share, according to the ICRA report.Additionally, absorption is estimated to rise to 47 million sq ft in...
In Asia Pacific, the tourism sector's recovery has been different.The report said that while outbound travel from China has rebounded and domestic tourism is expanding, inbound tourism remains well below pre-pandemic levels and is hampering China's broader economic recovery.On the other...
Delhi, Mumbai and Bengaluru led as recruitment hubs, showcasing positive diversity recruitment trends.According to the report by talent platform FoundIt, the total hiring activity saw a 12 per cent annual growth (June 2024 vs June 2023) and 2 per cent monthly growth.Over the past six months...