Search For "trillion"
Indians Credit card spending increases 19 pc (YoY) to Rs 1.7 trillion in J
Updated : 1 year, 6 months ago IST
Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19 per cent increase as compared to the same month last year.
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Tamil Nadu CM MK Stalin signs 6 MoUs with US companies , seeks to propel s
Updated : 1 year, 6 months ago IST
Tamil Nadu Chief Minister MK Stalin is visiting the U.S. to attract investments and advance the state's economic growth. He highlighted Tamil Nadu's achievements, including its high urbanization, strong industrial base, and goal to become a one trillion-dollar economy. Stalin is actively
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India e-commerce payments to surge by 23.8 pc in 2024: GlobalData
Updated : 1 year, 6 months ago IST
GlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 147.3 billion) in 2024 to an impressive Rs 24.1 trillion (USD 292.3 billion) by 2028. This translates to a compound annual growth rate (CAGR) of 18.7 per c
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Warren Buffett led Berkshire Hathaway becomes first US non-tech company to
Updated : 1 year, 6 months ago IST
Berkshire Hathaway Inc., the conglomerate led by American Businessman Warren Buffett, has made history by becoming the first U.S. non-tech company to surpass the USD 1 trillion mark in market capitalisation.
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Decline in loan to deposits ratios in banks is because of lower money crea
Updated : 1 year, 6 months ago IST
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
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Mohammed bin Rashid: UAE non-oil foreign trade hits all-time high of AED1.
Updated : 1 year, 6 months ago IST
Sheikh Mohammed bin Rashid Al Maktoum remarked, "A few years ago, we set ambitious national economic goals, aiming for AED 4 trillion in foreign trade by 2031 - a goal that was seen as highly challenging at the time"
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60-65 per cent of India's household gold loans market still untapped, goes
Updated : 1 year, 6 months ago IST
Over the past decade, the organized gold loan market has seen steady growth, with the total assets under management (AUM) rising by 12 per cent annually to reach approximately Rs 6.2 trillion as of March 2023.
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UST AI Report: 93 per cent of Large Companies View AI as Essential to Succ
Updated : 1 year, 6 months ago IST
Bengaluru (Karnataka) [India], August 20: New research commissioned by UST, a leading digital transformation solutions company, finds that most organizations are clearly on board the AI (artificial intelligence) ship but lack a skilled AI workforce and need a compass to help navigate thes
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USD 1 trillion goods export target can be achieved before time if it grows
Updated : 1 year, 7 months ago IST
The government has set an ambitious target of achieving USD 1 trillion in merchandise exports by 2029-30.
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Reliance contribution to government exchequer swells to Rs 1.86 trillion i
Updated : 1 year, 7 months ago IST
Corporate major Reliance Industries in its annual report released on Wednesday revealed that it contributed Rs 186,440 crore to the national exchequer in 2023-24 through various taxes and duties.
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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion
Updated : 1 year, 7 months ago IST
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
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UPI transactions cross Rs 20 trillion for third successive month in July 2
Updated : 1 year, 7 months ago IST
Payments through Unified Payments Interface (UPI) reported a 45 per cent yearly growth as per the data made available by the National Payment Corporation of India (NPCI).
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