India #1 In Population: Exploring The Good And Bad
“India is projected to have a population of 1.66 billion by 2050, as per Business Standard.” Reports say that India’s population might already have exceeded that of China. While different predictions have slightly varying results, one thing is for sure. That India would be the world’s most populous nation by the end of April. The…
Vipin Kumar
U.K. Witnessed The Highest Insolvency In Four Years
The United Kingdom is facing a crisis as the corporate business insolvency rate is rising. The weak economic grip, along with rising interest rates and a surge in energy bills, all the reasons combined, is making businesses choose their way out. Firms in the United Kingdom are going bust, attributing to various reasons, including inflation…
Seetu kumar
WPI Inflation Rate Dropped 29-Month Low Of 1.34% In March
The Wholesale Price Index (WPI) inflation rate dropped to its 29-month low in March. Due to the moderation in the price of manufacturing goods and commodities, the inflation rate of goods was 1.34% in March from 3.85% in February. As per the data released by the Ministry of Commerce on Monday, the manufacturing items rate…
US Emerges As India’s Biggest Trading Partner For FY23
Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…
Yash Sharma
India Records A 14% Surge In Exports To Reach $770 Billion
India’s increasing role in a globalised world and vast growth in the service sector is reflected in its surge in exports and imports. The exports for the financial year 2022-23 turned out to be USD 770 billion, while the imports recorded a new high of USD 892 billion. These figures come when the movement of…
An Additional USD 100 Million From General Atlantic For PhonePe
Decacorn fintech PhonePe is conducting ongoing fundraising of USD 1 billion, which has raised USD 750 million by far. The latest investment in this series comes from General Atlantic, who just contributed USD 100 million to the fundraising. Walmart Group is now very close to completing its set goal. Notably, General Atlantic invested USD 350…
General Motors To Invest In Lithium-Tech Startup EnergyX
On Tuesday, General Motors Co, a multinational automobile manufacturing company, announced its investment in lithium technology startup EnergyX. The automaker plans to invest $50 million to help EnergyX expand its business across South and North America. According to Reuters, the reason behind this move of General Motors is its plan to move into the mining…
India Records 1 Million EV Units Sales In FY 2023
The data released by the Society of Manufacturers of Electric Vehicles (SMEV) showed record-high sales for electric vehicles in India for the financial year 2023. The data showed that the EV industry had witnessed sales of 11,52,021 units, and this number increased by 58% compared to 7,26,861 units sold in the previous year. Out of…
Abdullah Ansari
India-France Business Summit To Be Held In Paris On Tuesday
The India-France business summit will be held in Paris on Tuesday to mark the 25 years of friendship between India and France. Piyush Goyal, Union Minister of Industry and Commerce, and Olivier Becht, France’s Minister delegate of foreign trade, will co-chair this summit. The officials said the focus of this summit would be the strategies…
John David
Former Amul Chief RS Sodhi Roped In By Reliance Retail To Drive Grocery Biz
Reliance Retail Ventures, the retail arm of Reliance Industries Limited (RIL), roped in former Amul chief RS Sodhi to lead the grocery business. Sodhi served as the former MD of the Gujarat Cooperative Milk Marketing Federation(GCMMF) and known for the Amul brand all over India. Reliance Retail, India’s leading retail provider, decided to expand its…
