India
India's Industrial Growth Hits 6-Month High; IIP Surges 5.2% in Nov'24: Report
The industrial sector faces a tempered outlook, with advance estimates projecting a reduced growth rate of 6.2 per cent for FY25, down from 9.5 per cent in FY24, due to base effects. However, signs of recovery are emerging.
Domestic Investments Primary Driver in Real Estate with 70% Share in Total Equity Investments in CY24
CBRE South Asia Pvt Ltd, a real estate consulting firm has unveiled a report named 'Market Monitor Q4 2024 – Investments', highlighting that Singapore, USA, and Canada dominated the foreign equity investments in the Indian real estate market in CT 2024.
Why 2025 Will Be a Breakthrough Year for MSMEs in India's Digital Revolution
With the convergence of AI, cloud ecosystems, enhanced connectivity, and ethical data practices, 2025 represents a pivotal year for MSMEs in the digital sector. To remain competitive, MSMEs must embrace these technologies while fostering innovation and strategically aligning their operations with emerging trends.
Tide India Crosses 5 Lakh MSME Members, Aims to Double by 2025
Tide's user demographics reflect over 90 per cent of its members under 40. Among them, 52 per cent are Gen Z, while millennials account for 41 per cent.
Tata Elxsi Partners with Qualcomm to Revolutionize Software-Defined Vehicle Development
As part of this partnership, Tata Elxsi will develop a virtual electronic control unit (ECU) platform using Snapdragon virtual system-on-chips (VSoCs)
India Highlights Technology Transfer Roadblocks in Climate Fight
The BUR outlines India's strategy to integrate advanced technologies in sectors such as solar and wind energy, bioenergy, electric vehicles, climate-resilient agriculture, and carbon capture.
India's Digital Payment Ecosystem Reaches New Heights in December 2024: Report
The exponential growth in digital payments in India can be attributed to several factors, including government initiatives like the "Digital India" campaign, convenience and security features, and expanding digital infrastructure.
Bajaj Auto Emerges on Top of the Electric Two-Wheeler Market in 2024
Bajaj Auto's platform, which integrates premium features while reducing production costs by 45 per cent, promises to further strengthen its margins. TVS, too, has enhanced its market presence, increasing its touchpoints to nearly 4,000 outlets alongside its 250 EV-specific stores.
India's Forest and Tree Cover Expands by 1,445 Sq Km, Achieves 2.29 Billion-Tonne Carbon Sink
While very dense forests increased by 3,465.12 sq km, moderately dense and open forests declined by 1,043.23 sq km and 2,480.11 sq km, respectively. Mangrove cover, vital for coastal ecosystems, experienced a slight decrease of 7.43 sq km.
India's Economic Outlook Expected to Grow 6.6% in Q3 FY2025 Amid Challenges: ICRA Report
ICRA estimates the GVA growth to improve to 6.6 per cent in Q3 FY2025 from 5.6 per cent seen in Q2 FY2025; the pace of GDP growth in the quarter will be contingent on the Government's subsidy pay-out and indirect tax inflows. Overall, we expect the GVA and GDP growth to print at 6.5 per cent each in FY2025
India's Forex Reserves Decline by $1.98 Billion, Continue Downward Trend
A deeper look into the composition of the reserves reveals that foreign currency assets (FCA)—a major component—fell by $3.047 billion during the week, standing at $562.576 billion.
3,200 New Outlets; Ola Electric Pushes Towards 4,000 Stores by Christmas
With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.
India Aims To Achieve 30% Share of EVs in New Sales by 2030: Report
India's EV market saw robust growth in 2023, with sales surpassing 1.5 million units; a 49 per cent increase compared to 2022. Notably, 95 per cent of these sales came from e2Ws and e3Ws, which play a pivotal role in India's transition to electric mobility.
Ola Consumer Launches Dash; Enters 10 Minute Food Delivery Market
By partnering with a curated selection of nearby restaurants, Dash ensures speed and reliability in every order, with plans to expand the service to other cities are already underway.
Steering Toward a Sustainable Future: India's EV Public Charging Roadmap 2030
The report identifies 40 priority cities and 20 key highway stretches that could serve as the backbone of India's public EV charging infrastructure.