HEADLINE RECAP

India’s key equity indices opened lower on Monday, driven by losses in banking, financial, and IT stocks, as investors maintained caution ahead of the upcoming U.S. presidential election and a potential interest rate cut by the Federal Reserve. By mid-morning, the BSE Sensex had dropped 1,014 points (1.27%) to 78,710.36, while the Nifty50 index declined […]

With the expansion of India’s quick commerce (q-commerce) sector, a substantial rise in demand for dark stores is reshaping the country’s real estate landscape. Dark stores, small urban warehouses designed for rapid order fulfillment, are fast becoming a crucial element in meeting the logistics needs of the q-commerce industry. According to a recent report by

As Dhanteras marks the beginning of Diwali, it’s more than just a festive day—it’s a gold rush, celebrating wealth, prosperity, and the promise of a bright future. India, one of the world’s largest gold consumers, celebrates Dhanteras with a dedication to gold-buying that makes it a high point of the market each year. India’s Massive

India has become the largest market for AI mobile application adoption, accounting for 21% of global downloads in the first eight months of 2024, as reported by Sensor Tower. Over 2.2 billion downloads were recorded worldwide during this period, with popular AI apps like ChatGPT, Microsoft Copilot, and Google Gemini driving this surge. Despite India’s

The World Bank has revised its South Asia growth forecast for 2024 upward to 6.4%, up from the earlier estimate of 6.0%, driven by strong domestic demand in India and quicker-than-expected recoveries in countries like Sri Lanka and Pakistan. India’s economic growth forecast for the fiscal year ending in March 2025 was raised to 7%,

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the tenth consecutive meeting on October 9, 2024, with five out of six members voting in favor of the status quo. However, the MPC unanimously shifted its policy stance from “withdrawal of accommodation” to “neutral”, allowing

India and the United Arab Emirates (UAE) are set to create a food corridor with an investment of $2 billion aimed at catering to the UAE market and beyond, while also benefiting Indian farmers and generating employment, announced Union Minister Piyush Goyal. During the 12th India-UAE High-Level Task Force on Investment, Goyal revealed that a

According to the Annual Survey of Industries (ASI), the computer, electronics, and optical products sectors have recorded the highest employment growth between the pre-pandemic period (2019-20) and 2022-23. The total number of people employed in these sectors surged nearly 50%, growing from 283,000 to 425,000. This was followed closely by the furniture sector, which saw