Search Results for: India's economy

Import dependency of India's urea industry to fall 10-15 pc this fiscal

India's Urea Industry Marches Towards Self-Sufficiency

India's urea industry, a significant contributor to the country's chemical fertilizer demand, is on the brink of a significant shift. The industry, which currently relies on imports for 30% of its needs, is expected to reduce this dependency to 10-15% in the near-to-medium term. Aug 21, 2024
Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat. Aug 20, 2024
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India's Digital Leap: 73 million new internet users added in a year

India's digital sphere has witnessed a significant spike in the past year, with an addition of 73 million internet subscribers and 78 million broadband users. This substantial increase has brought the total number of telephone subscribers in the country to a staggering 1.199 billion. Aug 20, 2024
Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Elevating India-Malaysia relationship to Comprehensive Strategic Partnership, Prime Minister Narendra Modi and visiting Malaysian PM Anwar Ibrahim held wide-ranging talks in New Delhi on Tuesday which culminated in the signing of nine Memorandums of Understanding (MoUs), ranging from digital technologies, tourism, recruitment, employment and repatriation of workers to co-operation in the field of Ayurveda and other traditional systems of medicine. Aug 20, 2024
India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024
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