Indias industrial production experienced a notable increase of 6.7% in September, marking a significant improvement compared to the same month in the previous year. This growth is attributed to a robust performance across various sectors, including manufacturing, mining, and electricity
The Mobile Production-Linked Incentive (PLI) scheme has proven to be a significant contributor to Indias economy, generating approximately ₹25,000 crore in direct tax revenue and creating around 1.2 million jobs. This information was shared by Union Minister for Electronics and
Indias economic growth rate could have surpassed 8% if not for recent global disruptions, according to the Deputy Governor of the Reserve Bank of India (RBI). In a recent statement, the Deputy Governor highlighted that various external factors have impacted
Indias industrial output growth experienced a decline in September, registering an increase of 6.7% compared to 8% in August. This slowdown is attributed primarily to a contraction in the mining sector, which has faced challenges in recent months. According to
Indias industrial growth rate experienced a slowdown in September, registering an increase of 6.7% compared to the same month last year. This figure, while still positive, marks a decline from the previous month’s growth rate of 8.1%. The data, released
India is set to significantly enhance its shipping-container capacity as part of a new initiative aimed at bolstering the countrys logistics infrastructure. The government has announced a substantial investment of ₹10,000 crore (approximately $1.2 billion) to facilitate a ten-fold increase
Indias Index of Industrial Production (IIP) experienced a decline in growth, reaching a four-month low in September. The latest data indicates that the IIP grew by just 4.3% in September, a decrease from the 5.7% growth recorded in August. This
The Indian Cabinet has recently approved a significant scheme aimed at enhancing the countrys container manufacturing sector, with an investment of Rs 10,000 crore. This initiative is part of the governments broader strategy to strengthen domestic manufacturing capabilities and reduce
According to Ranen Banerjee, a representative from PwC, every increase of $10 in crude oil prices above $70 could potentially reduce Indias GDP growth by 0.25 percentage points. This statement highlights the significant impact that rising oil prices can have
The Indian Cabinet has recently approved the Container Manufacturing Promotion Scheme, a significant initiative aimed at boosting the domestic manufacturing of shipping containers. This decision is part of the governments broader strategy to enhance the countrys manufacturing capabilities and reduce
