India’s out-of-home coffee market projected to reach up to $3.2 billion by 2028

Bengaluru (IANS) As coffee emerges as a lifestyle choice for millions of urban consumers in a tea-loving nation, India’s out-of-home coffee market is projected to reach $2.6-$3.2 billion by 2028, with a compound annual growth rate (CAGR) of 15-20…

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

New Delhi (IANS) After a resilient performance in 2024 amid geo-political headwinds, the Indian economy is poised to be supported by a stable political scenario, favourable policy environments, the effects of production-linked incentive (PLI) programmes,…

Year Ender: 10 years of ‘Make in India’ initiative hit new peaks in 2024

New Delhi (IANS) A decade after its launch, ‘Make in India’ has broken several records and in 2024, the mission further cemented its success as one of the most impactful economic initiatives in the country. 

With Rs 1.46 lakh crore investments…

Adani Enterprises’ share jumps nearly 5 pc, Adani Ports among top gainers

Mumbai (IANS) The share of Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, jumped nearly 5 per cent in the morning trade on Monday. 

At around 11:06 am, the share price of Adani Enterprises rose 4.97 per cent to Rs 2,529…

Indian manufacturers to allocate 11-15 pc of investments on smart tech in 2 years: CII

New Delhi (IANS) The Indian manufacturing sector is set to allocate higher investment - 11-15 per cent of their budget - towards adopting smart technologies to boost digital transformation in the next two years, a CII study showed on Sunday, as most…

Venture Capital investments in India surge to $16.8 bn in January-November: Report

New Delhi (IANS) Venture capital (VC) activity in India has witnessed significant growth from January to November 2024, with investments reaching $16.77 billion across 888 deals, according to the India Brand Equity Foundation (IBEF).  

Venture…

India’s current account deficit to remain in 1.2-1.5 pc range of GDP in FY25

New Delhi (IANS) India’s current account deficit (CAD) is projected to remain in the manageable range of 1.2-1.5 per cent of GDP in FY25, according to a new report. 

The country’s CAD narrowed to 1.2 per cent of GDP in Q2 FY25 from 1.3 per…

Electronics sector in India projected to create 12 million jobs by 2027

New Delhi (IANS) The electronics sector in the country is projected to create 12 million jobs by 2027 — 3 million direct and 9 million indirect roles, a report said on Saturday. 

Direct employment opportunities are likely to include employment…

Telecom, pay-TV services revenue in India to reach $50.7 bn in 2029

New Delhi (IANS) Driven by mobile data and fixed broadband segment, the telecom and pay-TV services revenue in India is projected to increase at a compound annual growth rate (CAGR) of 2.5 per cent from $44.9 billion in 2024 to $50.7 billion in 2029,…

Share of processed food goods in India’s agricultural exports rises to 23.4 pc

New Delhi (IANS) The share of higher value processed food products in India’s agricultural goods export basket has increased substantially from 13.7 per cent in 2014-15 to 23.4 per cent in 2023-24 leading to higher farm incomes and creating more jobs,…