Tamil Nadu has a lot of basic ingredients to get to a $1 trillion dollar economy, said C Vijayakumar, CEC and MD, HCL Technologies. It has a diverse, economic environment starting from manufacturing to services. Services are also quite broad-based between IT, technology , finance, agriculture and products, he said in a panel discussion on […]
MUMBAI: The Indian stock market witnessed substantial growth in 2024. The National Stock Exchange’s growth across listings, market capitalisation, investor participation, and funds mobilisation is better than the previous year.The NSE annual report data reveals that as of December 31, 2024, a total of 2,671 companies were listed, up from 2,527 in 2023.The market capitalisation […]
Prime Minister Narendra Modi on Sunday said the creator economy is bringing new energy to achieve India’s $5 trillion economy milestone. In his address on the 117th episode of monthly radio show Mann Ki Baat, Modi spoke extensively about the content creator industry as well as the promotion of India’s entertainment sector. He called upon […]
Apple is closing in on a historic $4-trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an about 16% jump in shares since early Nov that has […]
Mumbai, Maharashtra, India: Wärtsilä’s global power system modelling, published in the Crossroads to net zero report, compares two pathways from the year 2025 to 2050 with the aim to reduce greenhouse gas emissions and limit global warming, as per the Paris Agreement targets. In the first pathway, only renewables, such as […]
NEW DELHI: India’s entertainment and media industry is projected to grow at a combined annual growth rate (CAGR) of 8.3 per cent to hit Rs 365,000 Crore (USD 19.2 billion) outpacing the global rate of 4.6 per cent, according to PwC India’s report “Global Entertainment and Media Outlook 2024-28: India perspective”. Currently, the US leads […]
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings […]
GST Collection dips to Rs 1.82 trillion in November from Rs 1.87 trillion in October India’s Goods and Services Tax revenue collection for the month of November stood at Rs 1,82,269 Crore, marking a 8.5 per cent increase from Rs 1,67,929 Crore in November of 2023. Previous month in October, India recorded a monthly GST […]
India’s financial landscape has seen a remarkable growth in investment spending since independence, particularly over the last decade during which more than half of the $14 trillion invested. A report by Motilal Oswal revealed that in the past 10 years, $8 trillion has been injected into the economy, to assist the country’s rapid expansion and […]
The doyen of real estate, KP Singh – also the Chairman Emeritus of DLF Ltd – feels India needs to set up a high-powered cabinet rank committee to prepare a blueprint for developing urban infrastructure across major cities that can support the proposed $5 trillion economy. According to him, India’s urban master planning should take […]
