In June 2024, the trade deficit stood at USD 8.00 billion, up from USD 7.00 billion in June 2023. This USD 1 billion increase highlights a growing gap between the country's imports and exports, raising concerns among economists and policymakers about the underlying economic dynamics.
Apple Inc's annual sales in India hit a record of almost USD 8 billion in the recently concluded financial year 2023-24, reported Bloomberg, quoting a person familiar with the data.
The minister is on an official visit to Switzerland to take forward commitments as part of India's recently signed free trade agreement with the four-nation European bloc or EFTA. During the visit, the minister held significant discussions with industry leaders and stakeholder to advance
The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year 2023-24, this works out to an average of 71.8 billion PKR per day
The NATO leaders have pledged to provide Ukraine with at least USD 43 billion in military aid within the next year to bolster its defences against Russia, which the 32 nations grouping sees Russia a growing threat to Europe,. reported Al Jazeera.
New Delhi [India], July 11: The world's largest democracy with the fastest-growing economy, has the largest population in the world. This growth has led to many billionaire entrepreneurs. However, only 11 to 15 per cent of Indians work in the entrepreneurial sector, and just 5 to 10 percent
New Delhi [India], July 11: The All India Council for Technical Education (AICTE) and OPPO India today announced their 'Generation Green' campaign. The 100-day programme-managed by 1M1B (One Million for One Billion)-promotes green skills among the youth through 5,000 internship opportunities
REC Ltd. a power financing PSU, has successfully availed a green loan of 31.96 Billion Japanese Yen (JPY) (equivalent to USD 200 million) from Deutsche Bank AG to finance eligible green projects in India.
Union Minister Hardeep Singh Puri says on Thursday that the Exploration and Production in the energy sector of India offers an investment opportunity of at least 100 billion by 2030.
Russian First Deputy Prime Minister, Denis Manturov, emphasised the strategic importance of this partnership, noting that the momentum continued into 2024 with an additional 23 per cent growth, nearing USD 18 billion by April.
In a significant development that could pull in foreign funds into India's debt market, JPMorgan Chase & Co added Indian government bonds to its benchmark emerging-market index starting June 28.