Reports: Page 2

News and Trends

Indian Automobile Sector Sees Mixed Performance in September 2024: Report

The SIAM report provides a mixed outlook for India's auto sector. Utility vehicles and two-wheelers are driving domestic growth, while export markets show healthy demand.

News and Trends

How MSMEs Thrive During India's Festive Season

Amazon's "Great Indian Festival 2022" saw record participation from MSMEs, with 4.75 lakh sellers joining the B2B sales, and 70 per cent of the 35,000 B2C sellers hailing from Tier-II and III cities

News and Trends

How Major Automakers Performed in The Pre-Festive Season Market

The September 2024 sales data illustrates a dynamic passenger vehicle market in India, with some companies managing to expand their foothold, while others face minor setbacks.

News and Trends

How e-Commerce Giants Kicked Off The 2024 Festive Season

Flipkart recorded 330 million visits during early access and day 1, Amazon recorded 110 million customer visits within the first 48 hours of its sale, Meesho stated 65 million visitors and Myntra enjoyed 120 million visitors during the same period.

News and Trends

Karnataka Sets Ambitious Goal to Double Global Capability Centres by 2029; Aims to Create 3,50,000 New Jobs by 2029

The government is keen to expand beyond Bengaluru, promoting cities such as Mangaluru, Mysuru, and Tumakuru as attractive alternatives for foreign companies to set up operations.

News and Trends

NEDFi Reports Strong Financial Growth in FY 2023-24, Net Profit Surges by 25.25%

One of the key highlights was the growth in sanctions, which increased to INR 846.37 crore from INR 798.03 crore in the previous year.

News and Trends

Bank Deposit Growth Surpasses Credit Expansion: Report

Year-over-year (YoY), credit grew by 13.4 per cent, a significant reduction from the 19.8 per cent growth recorded in the same period last year.

News and Trends

India's Economy Set to Grow by 7% in 2024-25, Boosted by Strong Industrial and Service Sectors: ADB Report

The central government's debt is expected to decrease from 58.2 per cent of GDP in FY 2023-24 to 56.8 per cent by FY 2024-25, while the general government deficit, including state governments, is predicted to fall below 8 per cent of GDP

News and Trends

OECD Forecasts Higher Growth for India Amid Global Economic Resilience

The report anticipates India's growth to further increase to 6.8 per cent in FY 2025-26, up by 20 basis points from its earlier forecast.

News and Trends

The Role of Digital Payment Infrastructures in MSME Growth

Around 80 per cent of MSMEs reported positive impacts from adopting digital technology, with Aadhaar banking and UPI being the most utilized services at the last mile.

Finance

The Transformative Impact of Digitalization on MSME Financing and Access to Credit

Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.

News and Trends

Passenger Vehicle Sales Slumped by 1.6% in August 2024 Compared to Previous Year

The passenger vehicle (PV) market faced a significant downturn over the past year.

News and Trends

Automobile Sales Fall by 7% in August: FADA Report

The commercial vehicle (CV) segment had a tough month, with sales dropping 8.50 per cent MoM and 6.05 per cent YoY.

News and Trends

e-Commerce Export Hubs to Generate Over 2.25 Lakh New Jobs: Report

The government's plan to establish 50 e-Commerce export hubs aims to create 2.25-2.75 lakh additional jobs, as per report from TeamLease

News and Trends

A Deep Dive Into The Shift of Consumer Behaviour in Purchasing

A large portion of consumers spend between INR 500 and INR 2000 monthly on online purchases