PM Modi Unveils Alluri Sitarama Raju International Airport, Catalyzing Andhra Pradesh’s Economic Transformation
Prime Minister Modi inaugurated the Alluri Sitarama Raju International Airport and laid foundation stones for projects worth over Rs 17,900 crore in Andhra Pradesh. The new airport boosts connectivity, while the first semiconductor facility propels…
Nasdaq Surges on Tech Rally Amidst Slower US Growth and Persistent Inflation
The Nasdaq Composite surged over 1.5% driven by tech stocks, while Wall Street remained largely flat. This divergence occurred as new data revealed slower-than-expected US economic growth and inflation persisting above the Federal Reserve's target,…
India’s Retail Credit Revolution: Access Doubles in a Decade, Driven by Consumption and Demographic Shifts
India has witnessed a remarkable surge in formal retail credit access over the last decade, more than doubling its reach. This growth is fueled by consumption-led lending, primarily personal loans, and extends to younger borrowers and women nationwide,…
India’s Smartphone Export Boom: Q1 Sees Remarkable 23% Growth to $9.8 Billion
India's smartphone exports soared by 23% to an impressive $9.8 billion in the first quarter, highlighting the nation's growing prowess in electronics manufacturing. This surge underscores the success of 'Make in India' and PLI schemes, positioning India…
India’s Electronics Export Boom: ‘Made in India’ Smartphones Lead a Global Charge
India's electronics manufacturing has seen a monumental surge, with 'Made in India' smartphone exports projected to jump 165 times to Rs 2.59 lakh crore by 2025-26. This growth, driven by government policies like PLI and Semicon India, signifies India's…
India’s Industrial Output Surges 7.3% in June 2026, Signaling Robust Economic Momentum
India's industrial production surged by 7.3% in June 2026, accelerating from May's 5% growth. This robust expansion, reported by the NSO, signals strong economic momentum across manufacturing, mining, and electricity sectors, boosting optimism for…
India’s Industrial Production Soars to 22-Month High with 7.3% Growth in June
India's industrial production surged by 7.3% in June, marking a 22-month high, fueled by robust growth in manufacturing and electricity sectors. This strong performance signals resilience amidst global economic headwinds, though future output faces…
Indian Equities Soar: Sensex Jumps Over 800 Points, Nifty Breaches 24,000 Mark
Indian benchmark indices soared today, with the Sensex gaining over 800 points and the Nifty 50 crossing the 24,000 mark for the first time. This rally is fueled by strong domestic economic data, positive global cues, and robust corporate earnings,…
RBI’s Strategic Forex Swap Scheme Expected to Attract $80-85 Billion Inflows, SBI Report Suggests
India's Reserve Bank of India (RBI) has launched a strategic swap scheme, projected by SBI to attract $80-85 billion in forex inflows. This move aims to bolster reserves, stabilize the rupee, and enhance economic resilience amidst global uncertainties.
India’s Elite Income Bracket Expands: Record Entries in Rs 100 Crore Club
Government data reveals a significant expansion of India's super-rich club, with 161 new individuals disclosing over Rs 100 crore income in FY2024-25. This marks the highest entry rate in four years, signaling robust economic activity and increased tax…