India's real estate sector attracted investment of $11.4 billion in 2024: Report

New Delhi (IANS) India's real estate sector attracted equity investments to the tune of $11.4 billion in 2024, which represents a 54 per cent increase over the previous year, according to real estate consultancy firm CBRE. The growth in equity…

India's economic growth expected to accelerate in 2nd half of 2024-25: Report

New Delhi (IANS) The Indian economy is expected to pick up growth momentum in the second half of the current financial year with high-frequency indicators such as digital payments, power demand, service PMI, air passenger traffic, rising toll and…

Investments in startups rose from $8 bn to $115 bn in last 9 years in India: Govt

New Delhi (IANS) The total number of registered startups in India have surged to 1,57,066 from around 400 in 2016, when the 'Startup India' initiative was launched, with investment in these new ventures jumping to $115 billion, from $8 billion…

PLI 2.0 for IT Hardware sees Rs 10,000 crore production, 3,900 jobs in just 18 months

New Delhi (IANS) The production-linked incentive (PLI) 2.0 scheme for IT Hardware has seen Rs 10,000 crore production and 3,900 jobs in just 18 months of its launch, the government said on Saturday. 

India’s electronics manufacturing sector…

India to continue as fastest-growing major economy globally: Report

New Delhi (IANS) India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again and consumer sentiment stays resilient, according…

LG Electronics eyes India's market potential with planned $1.3 billion IPO

Las Vegas (IANS) LG Electronics’ CEO Cho Joo-wan has said that the huge business potential in the Indian market is what drove the company to pursue an initial public offering (IPO) in the country. 

"The planned IPO aims to capitalise on the…

India's steel demand poised to grow 9 per cent in 2025 amid global slump: Report

New Delhi (IANS) Steel demand in India will continue to outpace other major steel-consuming economies in calendar year 2025 with a growth of 8-9 per cent, driven by a shift towards steel-intensive construction in the housing and infrastructure sectors…

India’s gold imports turn out to be $5 billion lower in Nov, trade deficit narrows

New Delhi (IANS) The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry’s Directorate General of Commercial…

RBI purchased another 8 tonnes of gold in Nov as safe-haven asset

Mumbai (IANS) The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according…

Indian stock market opens higher, Nifty crosses 23,700 in early trade

Mumbai (IANS) The domestic benchmark indices opened higher on Tuesday as buying was seen in the energy, PSE, auto, IT, PSU bank, financial service, pharma, FMCG, metal and realty sectors. 

At around 9.27 am, Sensex was trading at 78,292.85…