BUSINESS
Economic Survey: India Remains a Bright Spot in Global Manufacturing Amid Geopolitical Tensions
The global manufacturing landscape has undergone significant shifts over the past decade and India has been one of the dynamic economies that gained a greater presence in the space gradually vacated by developed countries.
Economic Survey Projects India's GDP Growth at 6.3% to 6.8% for 2025-26
The Survey expects the government's emphasis on MSMEs and strong rabi crop production to drive growth and employment in the economy.
MI Owners Secure 49% Stake in The Hundred Franchise Oval Invincibles: Report
RIL will enter into a period of exclusivity that will involve negotiations with Surrey, the ECB, and their financial advisors regarding agreements before eventually finalizing the purchase.
India's Informal Sector Sees 10% Employment Growth, Adds 1 Crore Jobs in 2023-24
The data, which is part of the Annual Survey of Unincorporated Sector Enterprises (ASUSE 2023-24), shows that more than one-third of this workforce was engaged in the states of Uttar Pradesh, Maharashtra, and West Bengal.
India’s Digital Economy Projected to Contribute One-Fifth of GDP by 2030
Digital platforms, on the other hand, have grown exponentially, and according to estimates, are likely to increase around 30 per cent in the next coming years. In 2022-23, according to the 'State of India's Digital Economy Report 2024', 14.67 million workers were employed in the digital economy.
GCCs Drive Record-Breaking Office Leasing in India, Expected to Exceed 2,500 Units in 3-4 Years
Currently, over 1,800 GCCs take up 240 million square feet of Grade A office space across the country's top seven cities, serving more than 1,400 global corporations, the firm said. Since 2022, 100 new centers have been set up in India.
Sebi Rejects US-Based Entity's Competing Open Offer for Majority Stake in Religare
The Securities and Exchange Board of India (Sebi) said in a communication dated January 28 to REL, "letters submitted by Digvijay Laxmansinh Gaekwad are being returned since the same is not an exemption application in terms of Regulation 11 of SEBI (SAST) Regulations, 2011."
India a Top Priority: Samsung’s TM Roh Pledges Increased Investment in R&D Centers
TM Roh, President and Head of Mobile Experience division at Samsung, said that given the importance of the company's research centres in Noida and Bengaluru, their role is bound to grow and "we will continue to upgrade their contribution".
RBI to Infuse Additional Rs 1.1 Lakh Crore to Boost Banking System Liquidity
Besides, a $5 billion dollar-rupee swap auction would also be held to provide more liquidity in the system.
UK Trade Secretary Jonathan Reynolds to Visit India in February to Conclude FTA Talks
The comments by the minister came against the backdrop of UK Prime Minister Keir Starmer announcing that the stalled UK-India FTA talks would relaunch in early 2025, following a his bilateral talks with Prime Minister Narendra Modi at the G20 Summit in November last year.
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