Reports: Page 2

News and Trends

India on Track to Become World's Consumption Capital: Report

With more GenZs than the entire population of the United States, their spending power will be a defining factor in shaping India's economic trajectory

News and Trends

IndusInd Bank Shares Plunge 25% Hitting a 52-week Low

The trouble stems from an internal review that uncovered errors in how the bank accounted for hedging costs linked to past forex transactions.

News and Trends

India's Growth Outlook Firm Amid Global Uncertainty: Report

As India continues to expand its role in the global economy, it presents an increasingly compelling case for investors seeking growth and diversification.

News and Trends

World Bank Report Highlights Reforms Needed for India's Economic Ascent

The report suggests that ongoing efforts to enhance digital and physical infrastructure will yield efficiency gains, reducing ICOR across all scenarios, though the decline is most pronounced in the high-reform scenario

News and Trends

IMF Urges Deeper Structural Reforms to Strengthen India's Growth Outlook

As per the report, continued fiscal discipline will be crucial in rebuilding financial buffers, easing debt service, and ensuring macroeconomic stability.

News and Trends

India's Family Businesses Drive 40% of Private Philanthropy Contributing INR 18,000 Cr to CSR: Report

The philanthropic endeavors of India's family businesses are not merely acts of charity but are strategic investments in the nation's future. Their focused and professional approach to giving is setting new benchmarks, ensuring that philanthropy in India is both impactful and sustainable.

News and Trends

How Fintechs Seized the Day at Mahakumbh

India's digital payment ecosystem has seen unprecedented growth, with UPI transactions surpassing 16 billion in December 2024. Maha Kumbh reflected this trend as pilgrims increasingly adopted cashless payment methods.

News and Trends

India's Private Sector Growth Hits Six-Month High in February: HSBC Flash PMI

While manufacturing output also improved, the PMI report dipped slightly from 57.7 in January to 57.1 in February due to competitive pressures. However, the manufacturing index remained well above its long-run average of 54.1, indicating continued expansion.

News and Trends

India's Forex Reserves Decline by $2.5 Billion After Three-Week Rise

Foreign currency assets (FCA), which constitute the largest share of the reserves, recorded a sharp fall of $4.515 billion, bringing the total down to $539.591 billion

News and Trends

Uttar Pradesh Leads MSME Growth: Report

The Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2022 offers significant incentives to encourage MSME growth, particularly in backward regions. Capital subsidies range from 10 per cent to 25 per cent, capped at INR four crore per unit, with additional benefits for SC/ST and women entrepreneurs.

News and Trends

L&T Bags Large Contracts in Alumina and Steel Industries From Hindalco

Adding to its portfolio, L&T's M&M vertical recently secured another high-profile contract—a project for an 8 million tonnes per annum (MTPA) pellet plant from a leading Indian steel producer.

News and Trends

Auto Component Industry Capex To Hit INR 30,000 In FY26

This will be used towards capacity expansion, localisation/capability development and technological advancement (including EVs), among others.

News and Trends

India's E-Waste Market to Hit $5.2 Billion by 2032: Report

The Indian e-waste management market is projected to reach a valuation of approximately $5,198.52 million by 2032, growing at a compound annual growth rate (CAGR) of 13.52 per cent from 2024 to 2032

News and Trends

Manufacturing Investment Outlook Stable for Next Six Months: FICCI

The average interest rate paid by manufacturers stood at 9.5 per cent, with over 80 per cent of respondents indicating that they had adequate access to bank funds for both working capital and long-term investments.

News and Trends

India's Pharma Exports To Reach $350 Billion by 2047: Report

The global pharmaceutical industry is valued at approximately $1.6 trillion, while India's market stands at $55 billion, projected to grow to $120-130 billion by 2030.