Piccadily Agro Reports Strong Financial Performance for FY25, Driven by 40% Revenue Growth in the Premium Alcobev Business

Piccadily Agro Industries Ltd.   New Delhi, Delhi, India:  Piccadily Agro Industries Limited has announced its financial results for the fiscal year ended March 31, 2025 (FY25), marking another year of achievement and momentum. The company recorded a 40% YoY growth in its Indian Made Foreign Liquor (IMFL) division—an outcome of […]

Economy

Internal growth drivers anchor Indian economy amid US policy shifts, global uncertainty, says Moody’s

India is better positioned than many other emerging markets to deal with US tariffs and global trade disruptions, Moody’s Ratings said on Wednesday. India currently has ‘Baa3’ sovereign rating with stable outlook. This is last investment grade. Talking about strength to deal with global disruptions, the agency has listed robust internal growth drivers, a sizable […]

Economy

Core sector growth slows to 8-month low of 0.5% in April

The eight core industries—coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity—contribute over 40% to the Index of Industrial Production | Photo Credit: AMIT DAVE/Reuters India’s core sector growth—across eight industries—slowed down to an eight-month low of 0.5 percent in April, indicative of a steep dip from the 4.6 per cent in […]

Economy

Centre to set up 3 new multi-state dairy cooperatives for sustainable growth

Union Home Minister and Cooperation Minister Amit Shah | Photo Credit: VIJAY SONEJI / The Hindu The government has decided to establish three new multi-state cooperative societies, one each for ‘animal feed production, disease control and artificial insemination’, ‘developing cow dung management models’ and ‘circular use of dead cattle remains’. The decision was taken at […]

Zanders Further Strengthens Global Presence With Growth of APAC Team, Opens New Office in Singapore

Singapore:   Zanders, a leading global treasury and risk consultancy, is strengthening its presence in Asia-Pacific with a newly established office in Singapore. This new presence reinforces Zanders’ commitment to serving its growing client base in the region, supporting multinational corporations, regional treasury centers (RTCs), and financial institutions with specialized treasury, […]

India’s EV growth trails Southeast Asia, Latam as global sales hit new high: IEA

BENGALURU: Electric vehicle (EV) sales surged globally to over 17 million units in 2024, but India’s adoption continues to lag behind peer economies despite modest gains, the International Energy Agency’s (IEA) Global EV Outlook 2025 showed.India’s EV penetration reached around 2% of total car sales last year, with nearly 100,000 electric cars sold. In contrast, […]