India’s textiles and apparel exports, including handicrafts, grew by 7% during the April-October period of FY25, reaching Rs. 1,83,098 crore (US$ 21.35 billion), up from Rs. 1,71,520 crore (US$ 20 ...
Indian banks' credit growth is projected at 12.5% in 2024-25, but HSBC warns of risks from tight liquidity, slow deposits, high loan-deposit ratios, and potential GDP slowdown.
India's Production-Linked Incentive (PLI) schemes are set to generate Rs. 39,35,007 crore (US$ 459 billion) in revenue, benefiting over 720 companies across sectors like energy transition, automobiles ...
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, stated on December 21, 2024, that employment in India has increased by 36% to 64.33 crore in 2023-24, compared ...
India’s renewable energy (RE) capacity addition is expected to exceed 35 gigawatts (GW) in 2025, supported by a strong project pipeline, favourable solar photovoltaic module prices, and increased wind ...
Despite stagnant general insurance penetration in India, non-life insurers anticipate double-digit growth in 2025, driven by a supportive regulatory framework and innovative product offerings tailored ...
In December 2024, Unified Payments Interface (UPI) transactions saw a record 8% MoM growth, reaching 16.73 billion transactions worth Rs. 23.25 trillion (US$ 271.96 billion), the highest since its ...
The Tobacco Board, established in 1976, plays a vital role in the development and sustainability of India's tobacco industry by regulating production, supporting farmers, and promoting exports.
The Indian consumer market, a combination of vivid preferences and evolving consumption patterns, reflects India’s vast and diverse socio-economic landscape. With over 1.4 billion population, India is ...
In 2024, India’s Tier-II and Tier-III towns, as well as rural regions, played a crucial role in driving e-commerce growth, with platforms like Meesho, Amazon, Flipkart, and Myntra witnessing ...
The Union Cabinet has approved the continuation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather-Based Crop Insurance Scheme (RWBCIS) until 2025-26, with an enhanced ...
2025 is set to see a surge in electric vehicles (EVs), with SUVs dominating launches across various price ranges. Leading automakers like Maruti Suzuki, Hyundai, Mahindra, Tata Motors, Mercedes, Audi, ...