Thirty-eight per cent of CEOs say the US is among their top three overseas growth markets, compared with 34 per cent for China, 19 per cent for Germany, 11 per cent for the UK and 10 per cent for Brazil.
India's e-commerce market is poised to grow by 84 per cent to $111 billion by 2024 on the back of accelerated adoption of digital technologies amid the COVID-19 pandemic, a report by fintech firm FIS said on Wednesday. The report noted that countries, including India, have seen a shift in consumer behaviour caused by COVID-19, and new payment trends are shown to be on the rise. FIS, in its 2021 Global Payments Report, examined current and future payment trends across 41 countries. India's e-commerce market is projected to grow by 84 per cent between now and 2024 to about $111 billion (from about $60 billion in 2020) driven by mobile shopping, which is projected to grow 21 per cent annually over the next four years, the report said.
India is all set to overtake Russia as the country with the third highest mobile phone subscribers across the globe by early 2007 -- behind only China and US.
World Bank's Doing Business Indicators ranks India (out of 189) at 132 for trading across borders.
The company's Indian operations are currently growing at 8 per cent and eight out of its 10 top products are market leaders in their respective segments.
'India poised to be world's 3rd largest economy', says Jim O'Neill who is better known for coining the acronym BRIC.
What manufacturing was for China, super intelligence will be for India: Ambani
'The Modi-Xi and Modi-Obama meetings, with an interval of just 12 days, are juxtaposed superbly at a crucial point in the prime minister's life. Can Modi carve out a win-win situation with the superpower and the emerging superpower at the same time?'
Women's biological clock: Myth or reality?
India to become 3rd largest aviation market by 2026.
India has been ranked seventh in the list of top 10 wealthiest countries in the world, which was topped by the United States.
'The ban on Chinese imports is a suicidal step.' 'This will result not only in economic depression, but in a chaotic situation.'
The move to push offline sales will be led by opening Mi Home stores, Xiaomi India managing director Manu Jain tells Alnoor Peermohamed.
Gold demand will go up in the second half of this year.
The company is betting on the country's long-term growth potential.
The far-reaching Comprehensive Economic Partnership Agreement serves a number of national interests on both sides.
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
Some experts argue that India's new growth figures are due to the revised calculation of GDP, which was launched in January
Pistol sensation Manu Bhaker continued her terrific run of form, again claiming the individual as well as the team gold medal, while Gaurav Rana bagged a silver, as Indian shooters set the stage ablaze in the ISSF Junior World Cup, in Sydney, on Saturday.
India is currently the world's fourth-largest oil consumer after the United States, China and Japan
The Indian Institute of Science, Bengaluru is placed in the 301-350 group of the Times Higher Education Rankings 2020 released Wednesday.
Indian banks are the 2nd-fastest-growing ones.
Royal Dutch/Shell Group plans to grow its natural gas business relative to its oil assets and intends to supply gas to the United States, the Wall Street Journal reported on Tuesday.\n\n\n\n
Wood Mackenzie projected India's real GDP level to overtake Japan and reach over $6 trillion by 2035.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
For the first time, an Indian university has made it to the top 15 of the Times Higher Education University Rankings.
There is simmering disquiet in the Communist party and the world is watching as to what can unfold in China in the days to come ahead of next year's party congress, notes Rup Narayan Das.
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
The accountancy giant said the rapid rise of the Indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to the third largest by 2030.
Saudis are interested in expanding their relationship with India, given it is becoming the main driver of crude demand growth in Asia
Premier bourse BSE has added 1 crore registered investor accounts to its platform between June 6 and September 21, taking the total to over 8 crore in a span of just 107 days. On June 6 this year, the exchange had said its registered user base has crossed the 7 crore (70 million) mark, which was an addition of 2 crore registered investor accounts in a little over 12 months (from May 23, 2020). Commenting on the achievement of crossing the 8 crore registered investor accounts on Tuesday, BSE MD and CEO Ashishkumar Chauhan said equity investments, whether directly or through mutual funds, are gaining ground over last one-and-a-half years due to variety of reasons globally, and the domestic market is also following this world trend.
Sujatha Gidla's scathing observations about Mahatma Gandhi and other highlights from Jaipur Literature Festival 2018.
A summary of sports events and persons who made news on Monday
Rajan also said the outlook for agriculture is subdued, in view of both rabi and kharif prospects being hit by monsoon vagaries.
Brazil, Russia, India and China, also known as the BRIC group of countries, are expected to overtake the rich countries in primary energy consumption by 2030 and worsen their environmental calamities, Paris-based Organisation for Economic Cooperation and Development has warned. The OECD estimates suggest that 63 per cent population in the BRIC countries is living under medium to severe water stress and this share is expected to increase to 80 per cent by 2030.
Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13
Israel and India are likely to finalise a free trade agreement next year
India's network has expanded at a compound annual rate of around 4% which has added more than 4.8 km of additional roads since 1951, but even so the network remains badly underdeveloped
India and Japan have a shared interest in countervailing China's hegemonic ambitions in Asia. Although neither has an interest in forming an overt anti-China alliance, Tokyo and New Delhi feel increasingly obligated to work together to find ways to guard against a muscular Beijing's power sliding into arrogance, says Brahma Chellaney.
A summary of the finals on Day 2 at the World Athletics Championships in Eugene, Oregon.
