US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors. Aug 24, 2024
India mobile phone exports reach $6.5 billion in April-July, iPhones lead

India's Mobile Phone Exports Soar; Apple Leads The Way with iPhones

India's mobile phone exports have reached a new high, with a significant contribution from Apple's iPhone exports. According to industry data, exports of mobile phones from India reached $6.5 billion in the April-July period of the fiscal year 2025 (FY25), marking a nearly 40% surge from the same period in the previous fiscal year (FY23). Aug 23, 2024
Delhi-NCR

Delhi-NCR Tops APAC Logistics Rental Growth

Delhi-NCR has emerged as a leading player in the Asia-Pacific logistics market, according to a recent report by Knight Frank. The region has been ranked among the top 10 markets for annual rental growth in the first half of 2024. Aug 22, 2024
New Delhi, Principal Scientific Adviser, advisory document, Bharat Zero Emission Trucking Policy, ecosystem, decarbonisation, Net Zero

Govt launches Bharat Zero Emission Trucking policy advisory

Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Union government on Wednesday launched the advisory document titled 'Bharat Zero Emission Trucking (ZET) Policy Advisory' aimed at creating an ecosystem to speed up decarbonisation and help achieve India's ambitious Net Zero 2070 target. Aug 21, 2024
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