Escalating US-China trade tensions could boost India’s exports and attract American investments, as new US Senate bills may shift production away from China. India can leverage this by enhancing its manufacturing sector in electronics, textiles, and other industries, reducing reliance on Chinese products. The escalation in the US-China trade war is expected to help India […]
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India’s rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive Government policies and strategic initiatives are attracting investments from global manufacturers. The manufacturing sector’s share of total warehouse leasing grew significantly, reflecting robust demand across key segments like domestic appliances and auto parts. India’s emergence as a […]
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In a stunning display of recovery and growth, Qatar has emerged as the dominant force in the Middle East tourism market, recording a remarkable 147% increase in arrivals during the first half of 2024 compared to pre-pandemic levels according to UN Tourism. Out of 120 destinations worldwide, 67 have managed to fully recover their 2019 arrival numbers, and Qatar leads the pack as one of the strongest […]
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Growth is driven by strong domestic demand, export potential, Government infrastructure efforts, private sector investment, and initiatives like ‘Make in India’. According to a Study Report by IDBI Capital, India is set to add US$ 1 trillion to its gross domestic product (GDP) every 18 months over the next six years. It goes on to […]
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In a significant update to the Central Goods and Services Tax (CGST) Act, Section 16 has been amended with the insertion of two new sub-sections. This change aims to address input tax credit (ITC) claims for past financial years and offers relief to taxpayers whose GST registration was cancelled and later revoked. Key Highlights of […]
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Congress on Sunday attacked the BJP after a case was lodged against Finance Minister, Nirmala Sitharaman and others on a complaint relating to the now-scrapped electoral bonds scheme and demanded her resignation for “undermining democracy”. The opposition party reiterated its demand for a Supreme-court monitored inquiry through an SIT into the whole electoral bond scheme. […]
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With 7% economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank’s former governor Raghuram Rajan said and suggested the government needs to focus on promoting labor-intensive industries to generate employment. Rajan further said some Indians, especially those at upper level, are […]
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Maharashtra continues to attract significant foreign direct investment, securing $8.5 billion in the June quarter. Despite this, the State is seeing a slowdown in project investments compared to States like Gujarat and Jharkhand. Maharashtra’s FDI inflows are bolstered by the presence of major business headquarters, contributing to its 31% share of national FDI equity inflows. […]
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Prime Minister Narendra Modi on Sunday said that cities like Pune in Maharashtra need to be made the centre of urban development to keep up with the pace of the growing population, but the lack of vision and planning during the previous regimes stalled development. The Prime Minister was virtually launching projects worth ₹11,200 crores in […]
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The market regulator recently halted the listing of shares of Trafiksol ITS Technologies, whose initial public offering (IPO) received bids worth Rs 10,000 crores and was subscribed 300 times, following investor complaints. At a business summit, Ashwani Bhatia, a whole-time member of the Securities and Exchange Board of India (Sebi), highlighted concerns about manipulation and […]
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