India’s Defense Export: A 14-Fold Leap in 7 Years

NEW DELHI: India’s defense exports have skyrocketed,...

Decoding India’s G20 legacy: The road ahead

NEW DELHI: India’s G20 Presidency exemplified how a...

SIKHISM: Each one sees the world differently

My teacher would say that it is...

Nivedita Mukherjee

Market Rally to stay on Budget Optimism

NEW DELHI: There couldn’t be a more robust underlining of India’s strong macro fundamentals -- ahead of a widely anticipated progressive Budget -- than...

Indian Firms improve on Risk Management despite Global Turmoil

NEW DELHI: Indian corporates have navigated past global headwinds and increased risk exposure in certain sectors, demonstrating robust risk management and strategic advancements leading...

India’s external debt at $663.8 bn in March 2024

NEW DELHI: India’s international investment position (IIP) during January-March 2024 saw a rise in India’s foreign liabilities attributed to higher inward direct investments, portfolio...

India’s 2W volumes up 19% in April-May 2024

NEW DELHI: The domestic two wheeler (2W) industry volumes in April-May 2024, rose 19 per cent YoY. While domestic motorcycle volumes increased 18.5 per...

Auto sector: 19% Growth in FY24

NEW DELHI: The Indian automobile industry’s value stood at INR 10.22 lakh crore in the fiscal year 2023-24, surging by 19 per cent even...

FM assures states of support for tax devolution

NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday underlined the Government’s support to States through timely tax devolution, Finance Commission grants, and arrears of...

Tax Reforms on Track

NEW DELHI: The journey of India’s Goods and Services Tax (GST) may have been a ‘seven-year itch’ -- to borrow the title of a...

Auto firms bank on policy continuity, rural demand to push sales

NEW DELHI: The Indian auto Industry is optimistic of steady growth in 2024-25 with expectations riding high on normal monsoon and continued emphasis on...

Robust orders, FTAs to drive exports

NEW DELHI: Improved demand coming in from the European Union, UK, West Asia and the US, which has given an order boost to exporters...

Experts optimistic about ambitious economic agenda of Modi 3.0

NEW DELHI: Even as coalition dharma plays out in the making of the NDA coalition government with the necessary juxtaposition of stance of its...

CV wholesales hit by elections, summer heat, rains hold out hope

NEW DELHI: The uptrend in India’s domestic commercial vehicle industry is staring at a reversal with 4-7 per cent decline in wholesale volumes in...

Domestic passenger traffic in May ’24 grew 5.2% yoy at 138.9 lakh

NEW DELHI: The domestic air passenger traffic for May 2024 was estimated at 138.9 lakh, higher by 5.2 per cent in comparison to 132.0...

RBI policy cheers, shows MPC split

NEW DELHI: The RBI’s Monetary Policy statement keeping policy repo rate unchanged at 6.50 per cent and remaining focused on ensuring that inflation progressively...

Luxury Cars’ Demand on rise in MP

NEW DELHI: Raipur in Madhya Pradesh has noted a marked rise in demand for luxury cars. Monthly sales more than doubled, from 20 in...

Hyundai May sales at 63,551 units, up 6.6% year-on-year: COO Garg

NEW DELHI: Hyundai Motor India (HMIL), registered total sales of 63,551 units (domestic 49,151 units and exports 14,400 units) in May 2024. This is...

Govt looks at GDP Growth of 7 % in FY25, Economists, Industry Optimistic

NEW DELHI: Even as curtains come down on the election campaign and the Modi Government exits FY24 with India positioned as the fastest-growing major...

India’s economic resilience, ability to safe-keep assets drive RBI gold transfer

NEW DELHI: Some analysts see RBI action in the context of international economic turbulence and geopolitical developments. Strength and confidence of the Indian economy to manage...

British poll cloud over India-UK FTA, freeze on trade expansion

‘Both India and UK are in election mode. Until the top leadership is settled, many things remain hung.’ The India-UK free trade agreement (FTA) appears...

CITI seeks availability of raw material at global prices

NEW DELHI: India’s textile sector is preparing a growth strategy to realise the true potential of the readymade garment sector and achieve exports to...

FDI inflow to boost domestic mfg sector

NEW DELHI: The Finance Ministry is banking on stronger external support for domestic manufacturing in the upcoming months and greater focus by an increasing...

Hyundai, Laxmi Group start assembly of VENUE in Nepal

NEW DELHI: Hyundai Motor India Limited (HMIL) and Laxmi Group have commenced local assembly of the VENUE model in Nepal at the country’s first...

Asia led by India in Q1 ’24 auto investments up

NEW DELHI: In Q1 2024, BMI tracked 38 new automotive manufacturing projects announced or inaugurated in Asia valued at over $ 44.4 bn. India led Asia...

India saw 12 high-value + $100 mn deals in April ’24

NEW DELHI: India’s deal volumes surged in April 2024, marking the highest monthly activity since May 2022. While no billion-dollar deals were recorded, 12...

India monitors Dumping amid U.S.-China tariff row

NEW DELHI: US trade representative emphasized that these measures are necessary to counter flooding of global markets with low-cost Chinese products. Even as the US-China trade...

LS poll slows down CV volume growth

NEW DELHI: India’s general elections are slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the...

Surge in exports to EU, push into Africa, GCC signal India’s shift

NEW DELHI: India’s merchandise exports seem to have weathered the headwinds quite well so far amid heightened geopolitical tensions that have rendered the global...

Focus needed on interest subvention plan: FIEO CEO

NEW DELHI: Director General & CEO, Federation of Indian Export Organisations (FIEO) Ajai Sahai shares with The Sunday Guardian his hope to see the...

India sales spur Hyundai Motor Co. growth outside S Korea by 5.2 %

NEW DELHI: A strong performance in India sales along with that in North and South America has pushed Hyundai Motor’s sales growth outside South...

PV industry forecasts sales of 337,000 in Apr

NEW DELHI: It’s not business as usual for the automobile industry as only a few original equipment Makers (OEMs) reported sales on 1 May....

Sunflower oil refiners brace for 8-10% decline in volumes in FY25

NEW DELHI: Indian refined sunflower oil volumes are expected to decline 8-10 per cent in fiscal 2025, with domestic consumers shifting back to soybean...

India to expedite CECA with Australia

NEW DELHI: Commerce Secretary, co-chaired the first Joint Committee Meeting along with his Australian counterpart in Canberra and reviewed the progress of India-Australia CECA. India and...

HMIL to boost output to 1.5 mn units by 2030

NEW DELHI: Solid sales in markets like India have powered Hyundai Motor’s sales growth in markets outside Korea which were up by 1.9 per...

FPI inflows to boost India’s business

NEW DELHI: Fin min’s monthly economic report highlights three pillars of this buoyancy. India is experiencing a business renaissance which is sparking growth and optimism from...

Rising air traffic to lift pvt airports’ revenue by 30% in FY25

NEW DELHI: An expected increase of 10 per cent in passenger traffic on the high base of fiscal 2024, combined with capital expenditure (capex)-linked...

Wealth distribution as means to oust inequality is problematic: India’s ex chief statistician

NEW DELHI: At a time when Congress leader Rahul Gandhi has been speaking of wealth survey and redistribution of wealth from his campaign platforms...

Indian OEMs yet to adopt inventory management practice

NEW DELHI: No Indian auto manufacturer till date has implemented just-In-time (JIT) end-to-end in supply chain, a widely adopted inventory management practice in the...

Auto industry sees 24 deals at $357 mn in Q4 2023

NEW DELHI: The Indian automotive industry saw sustained deal activity in the first quarter of 2024 (January to March) albeit with declined ticket sizes....

Industry hopes for better charging Infra

NEW DELHI: Tesla has been exploring the possibility of establishing a manufacturing plant in the country, in lieu of customs duty concessions. Ahead of Elon Musk’s...

Need for India-Bangladesh economic cooperation deal: CUTS

NEW DELHI: India needs exploring partnership opportunities to navigate the changing trade dynamics effectively. Even as Bangladesh and Japan move forward with the signing of...

India calls for balancing energy stability amidst oil volatility

NEW DELHI: India has emphasised the importance of balancing market stability, affordability, with pragmatism and its commitment to support efforts to achieve balance in...

PM’s meeting with gamers sheds light on industry that got Rs 22,931CR as investment in 4 years

NEW DELHI: Multiple courts have now ruled that online games are a ‘game of skill’, as opposed to gambling which is a ‘game of...

Global merchandise trade volume to grow by 2.6% in 2024

In merchandise trade, where exports are concerned, India ranked 17th globally, with a 1.8 per cent share in world trade, amounting to USD 432...

Economists calculate the cost of Congress manifesto, seek roadmap for manufacturing growth

Economists, however, say that a revision of tax rates by the incumbent government is needed. Amidst the emerging slugfest between “Modi’s Guarantee” and the Congress’...

Hyundai achieves record sales

India’s automobile industry’s wholesales in March 2024 of passenger vehicles grew 10 per cent, two-wheelers were up 20 per cent while sales of medium...

We expect merchandise exports at $435-440 bn in FY24: Ajay Sahai

There has been transformation in India’s exports led by the Government’s treatment of exports as a matter of national priority, infrastructure investment, and Prime...

Concerns rise of Chinese capture of India’s EV market because of new policy

Concerns are rising in India’s automobile industry over the government’s recently introduced new electric vehicle manufacturing policy. The policy is perceived as an aim...

Nissan Motor: Plan for 3 new models in Indian market

Nissan Motor Company has announced an ambitious strategy under which, the manufacturer will launch three new models in India and become a hub for...

March’24 PV wholesale growth strong

Passenger vehicle (PV) wholesales are expected to grow 10 per cent yoy in March 2024 to 371,000+ units, but retails to be lower than...

Bank credit growth to agri sector in Feb’24 at 20.1% yoy, industry at 8.6%

The sectoral deployment of bank credit for the month of February shows non-food bank credit registered a year-on-year (y-o-y) growth of 16.5 per cent...

Rising services exports may push India’s CAD into surplus territory

It’s raining external bounties for India as the economy closes financial year 2023-24 on one of the best growth narratives this fiscal – resilient...

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