growth
- Business
India sees 76% growth in digital payments in last 12 months
Bengaluru: Online transactions in the first quarter of this year saw a growth of 76 per cent in the first quarter of 2010 as compared to 2020, as tier 2 and 3 cities…
- India
E-commerce in India: Growth in tier-2, 3 cities outpace tier-1 cities
Mumbai: The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that in tier-1 cities, according to a recent report. “Smaller Indian cities are now accounting for a…
- Business
Indian economy to grow at historic 12.5%, but COVID wave ‘concerning’: IMF
United Nations: India’s economy is projected to grow at the historically high level of 12.5 per cent this fiscal year, but the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath cautioned that the…
- Business
Engineering exports jump 70% in March
New Delhi: In a major rebound of trade since the onset of the Covid-19 pandemic, exports of engineering goods from the country recorded an impressive 70.28 per cent growth in March. India’s total…
- Technology
Snapchat hits 265M daily active users, India growth market
New Delhi: Despite the cut-throat competition coming from the Facebook family of apps, Snapchat has added 16 million daily active users in the fourth quarter of 2020 to reach 265 million users —…
- Politics
Mamata stresses on need for inclusive growth
Kolkata: West Bengal Chief Minister Mamata Banerjee, without naming anyone, on Thursday said that there is need for inclusive growth rather than polarisation in the COVID-19 pandemic scenario. The pandemic had caused a…
- India
NE has potential to become India’s growth engine: PM
Imphal: Prime Minister Narendra Modi on Thursday said that peace has been established in the northeastern region, asserting that the region has the potential to become India’s growth engine. “Road blockades have become…
- Business
‘Centre creating digital platforms for logistics sector’s growth’
New Delhi: The Centre is creating digital platforms for increasing the working capacity along with transportation efficiency of the country’s logistics sector, a senior government official said on Saturday. According to Pawan…
- Business
GDP growth in 2020-21 likely to be in negative: RBI Guv
Mumbai: The Reserve Bank on India (RBI) on Friday said India’s gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of coronavirus has disrupted economic activities.…
- Business
Ind-Ra cuts India’s FY21 GDP growth further to 1.9 pc, lowest
New Delhi: India Ratings and Research (Ind-Ra) on Monday revised its FY21 economic growth forecast for the country further down to 1.9 per cent, lowest in the last 29 years, citing the…
- Business
Fitch Ratings sees India growth slipping to 0.8% in FY21
New Delhi: Fitch Ratings on Thursday slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway due to disruptions caused by…
- Business
Brazil expects almost 0% growth in 2020 due to virus: government
Brasilia: Brazil’s government on Friday drastically downgraded its growth projections for 2020 by 2.1 percent to practically zero (0.02 percent) due to the coronavirus pandemic. The Economy Ministry had already dropped its…
- Technology
Baidu reports 5% revenue growth in 2019
Beijing: China’s leading search engine and AI tech firm Baidu has reported total revenues of 107.4 billion yuan (about $15.4 billion) in 2019, representing a 5 per cent year-on-year (YoY) growth. The…
- Technology
Market for smartphones in Germany set to continue growth in 2020
Berlin: In 2020, the market for smartphones and related mobile services as well as infrastructure in Germany would grow by 2 per cent to 36.4 billion euros ($39.4 billion), according to a…
- Business
CII DG optimistic about maintaining GDP growth rate
New Delhi: Hours before the tabling of the Union Budget, CII’s Director General Chandrajit Banerjee on Saturday expressed hope that India would be able to achieve required Gross Domestic Product (GDP) growth…
- Business
Decorpot records remarkable growth in FY 2019
Bengaluru: Decorpot, a leading home interior design firm in Bengaluru, today announced its impressive YoY growth with a CAGR of 100 per cent. In addition to new homes, the key contributor for…
- Business
ICRA projects muted growth for brokerage industry in near term
New Delhi: Investment information firm ICRA estimates the brokerage industry revenue growth rate to remain muted at two to five percent compared to year-on-year growth of three percent in FY19 and 30…
- Business
Business activity returns to growth amid rising new work
New Delhi: Indian service providers signalled a moderate rebound in business activity during November with the return to output growth accompanied by a renewed rise in new business intakes, faster job creation…
- Automobile
Manufacturing downturn pulls Q2 GDP growth to 4.5%
New Delhi: A massive contraction in manufacturing, agriculture and mining activity pulled India’s GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20. This is the slowest GDP…
- Opinions
‘India’s social dissonance is the cause of slow economic growth’
Mir Ayoob Ali Khan Hyderabad: Amirullah Khan and Abdul Shaban, the two experts on economics and society, said that the future of communal harmony which had been the hallmark of Indian society…
- Technology
Samsung expects 3X growth in 55-inch QLED TVs in festive season
New Delhi: Samsung on Friday said its 55-inch Frame QLED TV has been sold out before the end of festive season on Flipkart ‘Big Billion Day’. This festive season, the South Korean…
- Business
TiE Mumbai partners with New Jersey to help high-growth start-up
Mumbai: Over the years, TiE Mumbai plays a significant role in promoting, mentoring, helping, and funding start-ups in this region. TiE Mumbai, New Jersey City University (NJCU), and Choose New Jersey, have…
- Business
Global growth to hit 11-year low: OECD
Paris: The Organisation for Economic Cooperation and Development (OECD) has predicted a further slowdown in the global economy this year and in 2020, citing escalating trade tension and high policy uncertainty. Updating…
- News
US stocks extend moderate gains amid hopes for growth
New York: US stocks wrapped up the week on an upbeat note with mild gains, as the market was underpinned by a batch of multiple data, and Wall Street digested the European…
- Business
PI executes offer for acquisition of 100 pc stake in Isagro Asia
Gurugram: Agri-sciences major PI Industries Ltd has executed an offer with Italy-based Isagro SpA for the acquisition of Isagro Asia’s business. The transaction value is estimated at Rs 345 crore net of…
- Business
India must get back to 19-20% export growth: Piyush Goyal
New Delhi: Union Commerce Minister Piyush Goyal on Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5 trillion dollar economy…
- Politics
Congress leaders hit out govt as Q1 GDP growth falls to 5%
New Delhi: Congress leaders hit out at the Prime Minister Narendra Modi-led government over the growth rate of 5 percent in April to June quarter. In a tweet on Saturday, Congress leader…
- Business
‘Govt adopting interventionist approach to revive growth’
Mumbai: With all eyes on the annual report of the RBI on growth on Thursday and its surplus transfer to the government and a host of measures announced by the government to…
- Business
Domestic and global headwinds to drag FY20 GDP growth to 6yr low
New Delhi: India Ratings and Research (Ind-Ra) on Wednesday revised India’s gross domestic product (GDP) growth in current financial year downwards to 6.7 per cent — marking a six-year low — from…
- News
Growth steps, oil prices set to boost equities
Mumbai: Indian equities along with the rupee which have lately faced headwinds of massive foreign fund outflows along with disappointing quarterly earning results will get a boost via Central government’s policy measures…
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