Search For "usd"
India tech must shift to Intellectual Property-led and platform-driven seg
Updated : 2 weeks, 3 days ago IST
India's technology sector, now a USD 300 billion industry contributing 7 per cent to national GDP, must pivot toward intellectual property-led and platform-driven segments to capture a greater share of the USD 8.4 trillion global technology market, according to a new Boston Consulting Group
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Rupee likely to trade in Rs 90.40-91.20/USD range next week on sustained e
Updated : 2 weeks, 3 days ago IST
The Indian rupee is expected to trade in the range of Rs 90.40-91.20 per US dollar throughout the next week, supported by sustained equity inflows and improving structural factors, according to a report by Union Bank of India.
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USD 105 trillion raised through equity and debt issuances in 10 years: SEB
Updated : 2 weeks, 4 days ago IST
He also highlighted the resilient IPO market saying it has been "particularly vibrant". "In FY26 (April-Jan), companies raised about USD 1.8 trillion through 329 IPOs as compared to around USD 1.7 trillion raised through 320 IPOs in FY25. This reflects not just market appetite, but issuer co
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India becoming global manufacturing hub for smartphones as exports hit USD
Updated : 2 weeks, 4 days ago IST
In a social media post on X, the minister said, "India is becoming the smartphone manufacturing factory for the world." Sharing the data, he added that the smartphone exports for the calendar year 2025 (January to December) reached USD 30 billion. Last month, Vaishnaw had highlighted that In
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Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency
Updated : 2 weeks, 4 days ago IST
Bhubaneswar (Odisha) [India], February 25: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annap
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Quick commerce growing fastest in digital commerce segment to reach USD 35
Updated : 2 weeks, 4 days ago IST
Quick commerce is expected to emerge as the fastest-growing segment in India's digital commerce sector, expanding at a compound annual growth rate (CAGR) of 45 per cent to reach USD 35-40 billion over the next five years, according to a report by McKinsey & Company.
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Warner Bros. Discovery bidding war: Paramount sweetens offer to block Netf
Updated : 2 weeks, 4 days ago IST
In a major twist in the Hollywood corporate landscape, Paramount has officially stepped up its pursuit of Warner Bros. Discovery (WBD) with a sweetened USD 31-per-share cash offer, prompting WBD to reopen merger talks.
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"When world is facing uncertainty, India is busy building bridges of trade
Updated : 2 weeks, 4 days ago IST
The summit, themed "Reform, Perform and Transform," brought together senior government officials, policymakers, diplomats, financial institutions and industry leaders to deliberate on India's roadmap towards achieving a USD 1 trillion export target.
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"Fighting for a free, sovereign Ukraine": European Commission President ho
Updated : 2 weeks, 5 days ago IST
On the fourth anniversary of the invasion, European leaders visited Kyiv to show solidarity. While President Zelenskyy and President Macron claimed Russia's military and strategic failure, Moscow insisted on addressing conflict "root causes". Meanwhile, the World Bank raised Ukraine's rec
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ADB partners with Aavas Financiers to expand affordable housing, MSME lend
Updated : 2 weeks, 5 days ago IST
The Asian Development Bank (ADB) has signed a senior secured debt financing package of up to USD 108 million (in Indian rupee equivalent) with Aavas Financiers Limited to expand access to affordable housing loans for lower-income households and business loans for micro, small, and medium-siz
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India's E-commerce market projected to reach USD 300 billion by 2030: BCG
Updated : 2 weeks, 5 days ago IST
India's e-commerce market is projected to surge from its current USD 120-140 billion to USD 280-300 billion by 2030. According to a report by Boston Consulting Group (BCG), "Shoppers today move seamlessly between screens and stores, researching online, purchasing offline, and vice versa, bas
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PM Modi's 'Zero Defect, Zero Effect' vision is the core of India's manufac
Updated : 2 weeks, 6 days ago IST
Union Minister of Commerce and Industry Piyush Goyal today emphasised that quality must become the defining mantra of India's manufacturing and export ecosystem, asserting that Prime Minister Narendra Modi's vision of "zero defect, zero effect" will serve as the cornerstone of India's growth
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