Reports

News and Trends

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.

News and Trends

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

News and Trends

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.

News and Trends

ROI a Key Driver for India's AI Investments: Report

Freshworks' new report on AI in the workplace suggests that India is leading in setting new benchmarks in AI integration and innovation

Growth Strategies

Indian Graduates' Employability Rate Reaches 54.81 per cent: Report

By addressing regional disparities, fostering gender diversity, and equipping graduates with both technical and soft skills, stakeholders can harness the full potential of the nation's workforce.

News and Trends

Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group

While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.

News and Trends

WhatsApp Launches Bharat Yatra to Empower Small Businesses in India

This initiative builds on WhatsApp's recent innovations tailored for SMBs, including the Meta Verified feature, which enhances credibility, and customized messaging tools for more efficient customer communication.

News and Trends

Cooperatives Sector to Create 55 Million Jobs and 10% GDP Contribution by 2030

Data from the Indian Cooperative Movement report published in 2018 highlights that direct employment generated by cooperatives grew from 1.2 million in 2007-08 to 5.8 million in 2016-17, marking a compound annual growth rate (CAGR) of 18.9 per cent.

News and Trends

India's 5G Rollout to Reach 970 Million Subscriptions by 2030: Ericsson Report

By the end of 2024, 5G subscriptions in India are projected to surpass 270 million, representing 23 per cent of total mobile subscriptions in the region.

News and Trends

Navigating the Energy Conundrum: A Strategic Imperative for MSMEs

This financial pressure restricts MSMEs from adopting advanced technologies or scaling their operations, ultimately affecting their market position and competitiveness. In response to this pressing challenge, MSMEs can explore several strategies to enhance energy efficiency and reduce costs.

News and Trends

99% of Businesses Track Sustainability, But Only 13% Use Data Strategically: Report

Only 34 per cent of Indian businesses leverage IT to reduce environmental impacts. While 76 per cent of organizations monitor energy use with AI, they can go further by using AI for scenario planning and climate risk mitigation.

News and Trends

India's PC Market Clocks Record Growth In 3Q24

India's PC market shipped an all-time high of 4.49 million units in 3Q24, according to IDC

News and Trends

Navigating the Road of Taxation: MSME Edition

While steps like GST and digital tax systems have eased some burdens, MSMEs still face significant challenges in navigating India's tax regime. Simplified processes, targeted tax relief, and technological empowerment are key to unlocking their potential.

News and Trends

India's Private Sector Sees Strongest Growth in Three Months: Report

Manufacturing also remained resilient, with the HSBC Flash India Manufacturing PMI at 57.3 in November, down slightly from 57.5 in October but still indicating substantial improvement.

Technology

How Cloud Technology will Transform the Banking Industry

The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.