The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the personal loan and services sectors leading the expansion. This was followed by credit growth in agriculture and the industrial sectors, the report noted.
Fixed Wireless Access (FWA), a key 5G use case, also saw rapid adoption, reaching nearly 3 million connections within a year. The telecom sector, contributing significantly to India's GDP and providing employment to over 4 million people, is now delving into Artificial Intelligence (AI) and
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After adjusting for 80 per cent capacity utilisation and accounting for depreciation, the post-tax ROCE stands at a mere 3 per cent. For incremental investments, the report hi
India's defence exports continue to rise touching a record Rs 21,083 crore (about USD 2.63 billion) in the FY2023-24, a growth of 32.5 per cent over the previous fiscal when the figure was Rs 15,920 crore.
Dubai Customs has organised the first edition of the Authorised Economic Operator (AEO) Connect 2024 forum to exchange ideas, share insights, and explore opportunities to develop the programme and strengthen cooperation between customs and the business sector.
Mumbai (Maharashtra) [India], December 26: Metropolis Foundation, the Corporate Social Responsibility (CSR) arm of Ameera Shah-led Metropolis Healthcare Limited, India's second-largest and most respected pathology laboratory chain, is proud to announce the launch of the 7th edition of its an
The HP State Co-operative Milk Producers Federation Ltd is now on average procuring two lakh litres per day. The monthly payouts to the milk producers have increased from Rs 8.70 crore in 2023 to Rs 25.62 crore now, providing direct financial benefits to milk producers in the northern state.
Ghaziabad (Uttar Pradesh) [India], December 26: The housing segment across the National Capital Region witnessed remarkable growth and transformation over the years. Amid the evolving buyers' preferences, the region has transitioned into a well-rounded ecosystem offering a blend of luxury an
Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial sector.
London [UK], December 26: On December 2, 2024, Smita Patil of SSPL Group in Pune, Maharashtra, was bestowed with the prestigious Women Achiever of the Year Award at the Rising Bharat Conclave, held at the iconic House of Commons in the UK Parliament, London. This recognition celebrates her e
New Delhi [India], December 26: In a dynamic and competitive education sector, Two99 stands as a trusted growth partner, offering comprehensive and innovative marketing solutions that address the most pressing challenges faced by educational institutions. With a proven track record of delive