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
India sees surge in super-luxury car sales amid 'generational mindset' shift

Luxury Car Sales Skyrocket in India Amid Wealth Surge

India's luxury car market is witnessing a significant boom, with high-end brands like Lamborghini, Ferrari, McLaren, and Aston Martin reporting robust demand. This surge is attributed to a generational mindset shift, with an increasing number of Indians willing to splurge on luxury goods, including super-expensive cars. Aug 18, 2024
Foxconn's investments to help India become global manufacturing hub: Ashwini Vaishnaw

Foxconn Investment to Boost Global Manufacturing Aspirations: Vishnaw

Hon Hai Technology Group, popularly known as Foxconn, has announced its investment plans for the country. The news was confirmed by Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, who met with Young Liu, Chief Executive Officer and Chairman of Foxconn, in New Delhi on August 16. Aug 16, 2024
Indiaspora founder MR Rangaswami

How Indian community becoming 'mainstay' of US economy, Indiaspora founder shares details

Indiaspora founder MR Rangaswamy highlighted the Indian diaspora's significant contributions to the US economy, with many holding top positions in tech, education, and healthcare. They generate jobs, cater to millions of patients, and tutor students. The community also drives India's growth through investments and philanthropy, bridging the two nations. Aug 14, 2024
Rs 31,500 crore investment deal concluded during Telangana CM's US visit

Telangana raises FDI from US to the tune of Rs 31,500 Cr

recently concluded a highly successful business tour to the United States, securing investment deals worth Rs 31,500 crore. This substantial financial commitment is expected to generate over 30,750 new jobs in the state, marking a significant stride in its economic development. Aug 12, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024