Search For "growth rate"
India's Data Centres a USD 25 billion market opportunity over the next dec
Updated : 1 year, 6 months ago IST
The Indian data centre sector is experiencing unprecedented growth driven by AI-led demand. Currently, India hosts approximately 1,300 AI companies, with AI expected to significantly increase the need for high-density server racks, ranging from 5 to 50 kW.
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Indian residential real estate market records 20.1pc YoY surge in absorpti
Updated : 1 year, 6 months ago IST
The demand for residential properties in Bengaluru has consistently outpaced supply, resulting in an 8.3 per cent reduction in unsold inventory, which stood at 75.1 msf by the end of FY24. Residential property prices in the city have grown at a compound annual growth rate (CAGR) of approxima
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"Laughable, when he discusses development model," Prashant Kishor attacks
Updated : 1 year, 6 months ago IST
Taking a jibe at RJD leader Tejashwi Yadav, election strategist-turned-politician and Jan Suraaj chief Prashant Kishor said it is laughable when Tejashwi Yadav discusses the development model, as the person whose party was in rule for 15 years (in Bihar) doesn't know what GDP and growth r
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Indian telecom sector soars in 2023-2024 with record subscriber growth
Updated : 1 year, 6 months ago IST
The report underscores growth trends and key metrics across various telecom services, compiled from data provided by service providers. It reveals that India's overall tele-density rose from 84.51 per cent at the end of March 2023 to 85.69 per cent at the end of March 2024, marking an annual
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Indian IT services revenue growth to remain modest on soft IT spending, Fi
Updated : 1 year, 7 months ago IST
The modest growth rate is based on the rationale that clients may delay discretionary IT spending due to economic uncertainties.
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India's IIP grows at 4.2 pc in June'24 up from 4pc in June'23 but declines
Updated : 1 year, 7 months ago IST
For June 2024, the Quick Estimates placed the IIP at 150.0, up from 143.9 in June 2023. This increase was largely driven by robust performances in key sectors. The mining sector, for instance, registered an index of 134.9, reflecting a substantial year-on-year growth rate of 10.3 per cent.
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SBI General Insurance Surges Ahead with a 32 per cent Growth in Q1 FY24-25
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], August 12: SBI General Insurance, one of India's leading General Insurance companies, has reported a robust growth of 32% in the first quarter of FY 24-25, resulting in a Gross Direct Premium (GDP) of INR 2,603 crore. This growth rate significantly outperform
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Brick&Bolt, a Tech-Enabled construction start-up, announces ambitious
Updated : 1 year, 7 months ago IST
New Delhi [India], August 3: Brick&Bolt, a tech enabled, construction start-up headquartered in Bengaluru, has been disrupting the sector with its innovative, tech enabled solutions and is now set for an ambitious growth plan. As pioneers driving the shift from an unorganized to an or
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India to become USD 55 trillion economy by 2047 if it grows at 8 pc annual
Updated : 1 year, 7 months ago IST
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
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"Ten years of UPA government was a failed experiment", says Union Minister
Updated : 1 year, 7 months ago IST
Launching a scathing attack on former Finance Minister P Chidambaram, Commerce and Industry Minister Piyush Goyal on Tuesday highlighted the worsening condition of the economy under the UPA-led government.
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Union Minister Mansukh Mandaviya praises Budget, highlights its focus on e
Updated : 1 year, 7 months ago IST
Speaking to ANI here, Mandaviya said, "The PM Modi-led government has been formed for the third time. This was the first budget presented under the third term of PM Modi-led government. The budget aimed at increasing employment, giving support to the middle class and encouraging MSME to i
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Asia Pacific's Mobile Economy Forecast to Grow to USD 1 trillion by 2030,
Updated : 1 year, 7 months ago IST
Singapore, July 25: The mobile industry's contribution to Asia Pacific's economy will grow beyond USD 1 trillion by 2030, with faster adoption of 5G technologies in the region meaning it will exceed average global growth rates, according to the GSMA's Mobile Economy Asia Pacific 2024 report
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