Indian e-retail market expected to grow to USD 140 bn by FY26 says Bain & Company

Indian e-retail market expected to grow to USD 140 bn by FY26 says Bain & Company

E-Retail has particularly been a boon throughout the Coronavirus (Covid-19) pandemic after the setbacks caused by widespread disruption (for consumers and small businesses) and loss of jobs. In the future, the e-retail market is...

‘Fairly completed’ overseas listing process, Indian markets becoming haven, states FM Nirmala Sitharaman

 ‘Fairly completed’ overseas listing process, Indian markets becoming haven, states FM Nirmala Sitharaman

The government would soon finalise the taxation aspects for the overseas listing of shares by the various Indian companies. Finance Minister Nirmala Sitharaman said on Monday that the government departments have held a couple of meetings regarding...

ONGC charts buyout route To reach green energy milestone

ONGC charts buyout route To reach green energy milestone

Though not in a “tearing hurry”, the state-owned Oil and Natural Gas Corporation (ONGC) is looking at acquisitions in order to reach its target of 10 GW of installed renewable energy capacity by the year 2040. “Renewables...

India will soon disclose $1.35 trillion infrastructure plan: PM Modi

India will soon disclose $1.35 trillion infrastructure plan: PM Modi

Recently, PM Modi declares that India will launch a 100 trillion rupee ($1.35 trillion) national infrastructure plan that will help generate jobs and expand use of cleaner fuels to achieve the country's climate goals. The...

FPIs pour Rs 2,085 crore into equities in first half of August

FPIs pour Rs 2,085 crore into equities in first half of August

Foreign portfolio investors (FPIs) have bought Indian equities worth Rs 2,085 crore with in the first half of the month of August owing to the improvement in the economic activity. As per depositories data, overseas investors pumped in a net Rs...

ONGC net profit soars 800% in Q1

ONGC net profit soars 800% in Q1

State-owned Oil and Natural Gas Corp (ONGC) net profit has soared by nearly 800 percent in the first quarter of the current fiscal after more than doubling of oil prices compensated for a fall in production. Net profit in April-June at Rs...

PM Modi initiates Vehicle Scrappage Policy to boost economy

PM Modi initiates Vehicle Scrappage Policy to boost economy

Prime Minister Narendra Modi on Friday initiated the National Automobile Scrappage Policy and said the initiative would promote a circular economy and make the process of economic development more sustainable and environment-friendly. The...

Global crypto market reaches $2tn, Bitcoin surges again

Global crypto market reaches $2tn, Bitcoin surges again

As the global cryptocurrency market hit $2 trillion for the first time in nearly three months, the industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India....

India seeks Tesla's local sourcing plans, roadmap before any tax breaks

India seeks Tesla's local sourcing plans, roadmap before any tax breaks

India has asked Tesla Inc. to ramp up local procurement and share detailed manufacturing proposals before the carmaker’s demands for lower taxes on electric vehicles are considered, a person with the knowledge of the matter said....

Retail inflation hits a 3-month low while industrial output goes up

Retail inflation hits a 3-month low while industrial output goes up

Retail inflation based on Consumer Price Index (Combined) came to a three-month low of 5.59 per cent in the month of July due to the moderation in food prices, according to data released Thursday by the National Statistical Office (NSO). The...

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