The World Bank has raised India's economic growth forecast from 6.6 per cent to 7.0 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
Noida (Uttar Pradesh) [India], October 3: Asahi Kasei, the Japanese technology company, and a global leader in advanced materials, has successfully developed a groundbreaking electrolyte that significantly enhances the performance of lithium-ion batteries (LIBs). This technological advancem
With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI).
The improved performance is attributed to multiple factors, including higher government spending on infrastructure and welfare programmes, better agricultural output, and effective marketing strategies tailored to regional needs.
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
NLC India Limited (NLCIL) plans to triple its total power generation capacity by 2030 to meet the dual goals of energy security and sustainability. The company intends to have 50 per cent of its capacity from renewable energy (RE), increasing its RE output from 1.43 GW to 10.11 GW.
New Delhi [India], September 9: On World EV Day, EVFY, an emerging start- up for electric automotive solutions, has announced its entry into the EV charging infrastructure space by installing its first Electric Vehicle (EV) charging station, marking a major step in its mission to revolutioni
India's Manufacturing Purchasing Managers' Index (PMI) saw a slight decline in August, falling to 57.5 from 58.1 in July, according to a report HSBC India Manufacturing PMI.
Surat is a city known for its unique blend of tradition and modernity. It processes 90 per cent of the world's diamonds and leads India in synthetic fabric production, contributing over 40 per cent to the nation's output.