Search Results for: aviation sector

India Inc sees 63 pc surge in deal value at $8.7 billion in August: Report

India Inc saw a huge 63 per cent increase in deal value for the month of August at $8.7 billion amid geopolitical challenges, as telecom, energy and EV sectors shined, a report showed on Monday.

Sep 9, 2024

Semicon India 2024: Uttar Pradesh gears up for major semiconductor event

Uttar Pradesh as a key player in semiconductor manufacturing, the Yogi Adityanath-led government is set to host Semicon India 2024 at the India Expo Mart in Greater Noida from September 11 to 13

Sep 9, 2024

iPhone production in India to reach 25 pc of global shipments by 2025: Jefferies

Apple's India Production to Hit 25% of Global Shipments by 2025

Apple's manufacturing footprint in India is set to expand significantly, with projections indicating that the country will account for 25% of global iPhone shipments by 2025.

Sep 9, 2024

Economic Resurgence India's Path to Becoming the World's Third Largest Economy

India's economy, the world's sixth-largest, saw a GDP growth fall to a five-quarter low of 6.7% in the first quarter of FY25. Despite the slowdown, the manufacturing and construction sectors show growth, with potential for a rebound in the farm sector.

Sep 9, 2024

India's defence export projected to grow at 18 pc by 2030: Report

India's defence export is estimated to grow at 18 per cent CAGR (compound annual growth rate) from FY24-FY30, driven by the 'Make in India' initiative and thrust on local manufacturing.

Sep 9, 2024

Andhra floods affect 10 lakh people, damaged crops over 5 lakh acres

Andhra floods damage crops spread over 5 lakh acres, 10 lakh people affected

Heavy rains and floods that battered parts of south coastal Andhra Pradesh last week affected over 10 lakh people, destroyed agriculture crops of over 5 lakh acres, and damaged 4,222 km long roads besides claiming 45 human lives.

Sep 9, 2024

Number of unorganised workers registered on eShram portal rises to 29.79 crore

Govt to Set up 'eShram' portal as One-Stop Solution for Unorganized Workers

The eShram portal, a government initiative, has registered 30 crore unorganised workers in India within three years. The government plans to integrate the eShram portal with other government websites to facilitate seamless access to various schemes.

Sep 9, 2024

Centre sanctions Rs 576 crore for 4-laning highway in Karnataka

Cost of EVs to match petrol, diesel vehicles by 2026: Nitin Gadkari

Adoption of electric vehicles (EVs) increase in the country, the cost of EVs will almost match petrol and diesel vehicles within the next two years

Sep 9, 2024

India's position set to rise in global supply chains with huge chip investments

India Poised to Become Global Semiconductor Hub; $30 billion investment in 3 years

India is set to become a global hub for semiconductor manufacturing, with an expected investment of up to $30 billion in the next three to five years. The Maharashtra government approved a semiconductor manufacturing project by Israel's Tower Semiconductor and the Adani Group, expected to create at least 15,000 jobs.

Sep 8, 2024

Need to invest in air pollution solutions for global prosperity: UN

The world marked the fifth annual International Day of Clean Air for blue skies on Saturday, with calls for investment in clean air solutions as air pollution is increasingly causing public health, environmental, and economic problems.

Sep 7, 2024

India's forex reserves rise to 4-month high

India's forex reserves up $2.3 billion to touch new high of $683.9 billion

India's forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday

Sep 7, 2024

India's Beauty Market Set to Outpace Global Giants

India is on track to become a global powerhouse in the beauty and personal care market, surpassing other major markets such as China, the US, Japan, and South Korea. A report by online beauty and fashion marketplace Nykaa predicts a growth rate of 10-11% by 2028, taking the market value to $34 billion, a significant leap from the current $20 billion.

Sep 6, 2024