Recently, Gautam Adani, the founder of Adani Group, became the third wealthiest person in the world and Asia’s first to enter the top 3 billionaires according to the Bloomberg Billionaires Index. With a 365% growth in his wealth in the past two years, Gautam Adani’s net worth is around $143 Billion surpassing Bernard Arnault. It […]
The Growth Adani Group’s stocks and the Indian Stock market. Read More »
Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for accomplishing the success “nobody may have imagined”, noting that its export has soared to Rs 2,600 cr from Rs 300-400 cr. when it comes to Indian toys, the echo of ‘vocal for neighborhood’ is being heard everywhere, he said in his monthly ‘Mann
India’s manufacturing activity in July improved on the fastest pace in 8 months on the lower back of recent commercial enterprise orders and output, said a survey with the aid of S&P global on Thursday. S&P Global India Manufacturing Purchasing Managers’ Index (PMI) jumped to 56.4 in July from 53.9 in June. A studying above
India’s production activity expands at the quickest pace in eight months Read More »
India is predicted to scale up its manufacturing exports to $1 trillion with the aid of economic year 2027-28. This comes amid beneficial trends in manufacturing and growth in priority sectors, said Bain & Company, in a recorded report titled, ‘The Trillion Dollar Manufacturing Exports Opportunity for India.’ The 6 sectors driving export increase might
India’s manufacturing exports may rise by $1 trillion by 2028 Read More »
The Automotive Industry has a significant contribution to the Indian economy. With a 7.1% GDP contribution to the Indian economy, this sector plays a crucial part in India’s overall growth and development. Due to various situations like Covid-19 and supply chain disruptions, this sector was going through a rough phase for the past few years.
The Indian automotive industry is booming: growth in the sales volume in 2022. Read More »
Amid a fall in global costs, the authorities has directed fit to be eaten oil producers to in addition reduce the most retail charge (MRP) of imported cooking oils by using up to Rs 10 according to litre by using next week, and keep a uniform MRP of the identical brand of oil across the
Edible oil companies to cut prices by up to Rs 10 per liter Read More »
The benchmark indices won over 1% on Wednesday as falling commodity prices, ease in distant places investor selling pressure, and rate-hike issues lifted investor sentiment. The benchmark Sensex won 616 points, or 1.16% , to shut at 53,751 — the highest near when you consider that June 10. The Nifty ended the session at 15,990
Equities rebound over 1%,crude below $100 per barrel Read More »
India ranks 2nd in the world when it comes to crude steel production. The steel sector is divided into three broad categories with modernized technology used in the industry. The categories are major producers, main producers, and secondary producers. With an estimated year-on-year growth in steel production in FY22, production of steel will reach 112-114
The Rise in Steel Production in India in 2022. Read More »
Can this happen again and what implications would it have? Millennials need to matter themselves fortunate for coming of age properly after the harrowing financial activities of the overdue ‘70s and early 80s. It is probably difficult to conceive in today’s benign environment, but in past due 1981, 30-yr mortgage interest costs topped ranked out
Why Does the 30 Year Mortgage Rates Go as High as 18.45% in 1981? Read More »
India’s automobile sector ranks 5th in the world and largely contributes to the Indian economy. And as per the Energy Storage Alliance (ESA), India’s EV sector is projected to grow at a CAGR of approximately 36%. Also, big giants like OLA have raised huge dollars, up to 200 million, to invest in their electric vehicle
The Rise in Electric Vehicle Investments in India Read More »