With the growing order book of aircraft original equipment manufacturers, Boeing has said India may need more than 31,000 pilots and some 26,000 mechanics in the next 20 years. Salil Gupte, President of Boeing India, said that the South Asian region will continue to grow the fastest in the next 20 years on the sidelines […]
Shaktikanta Das, the governor of the Reserve Bank of India(RBI), gave the country’s banking system a thumbs-up, stressing the importance of banking sector regulation and supervision in light of recent developments in the US. “India has a well-regulated and well-supervised banking sector. The same would apply to the NBFC sector and other financial entities under […]
New Delhi, February 21, 2023: It is not at all inconceivable for India to achieve an economy of $47 trillion by 2047, given the continuance of good governance that the country has seen over the past eight-nine years, its immense talent pool, and diasporic support the nation commands. Shri Piyush Goyal, Union Minister of Commerce […]
Despite India’s 8.7% GDP growth in FY22, this was only in comparison to a nearly 6.6% GDP contraction in FY21, implying that the Indian economy is still limping back to health with much of the gains realized during pre-pandemic times. This study looks at how sectors fared during those two years and how capacity utilization […]
In talks with US President Joe Biden, Indian PM Narendra Modi mentioned India could feed the world. Furthermore, the Ukraine war has added to the 10-year high in commodity prices due to global harvest issues. As per the UNFAO food-price index, commodity prices soared after the war while being at their highest since 1990. India […]
India’s growth trajectory will remain highest among the leading economies in 2022-23 supported by various dynamic reforms undertaken by the government during the last two years, said Mr. Pradeep Multani, President, PHD Chamber of Commerce and Industry in a press statement issued here today. India is expected to attract a US $ 100 billion FDI […]
TCS sets a record by hiring over 1 lakh employees in FY22. Tata Consultancy Services noted, “In Q4, TCS added 35,209 employees on a net basis, the highest ever net addition in a quarter.” However, the firm’s attrition soared to 17.4% during the quarter. The rise in attrition soared from 8.6% in early 2022 and […]
March quarter earnings are likely to grow due to gas, financials, and oil. However, costs may impede the rest of the sector’s earnings. Additionally, despite a rise in demand this quarter, manufacturers suffer at the hands of high oil and gas prices and rising commodity prices. The current Russia-Ukraine crisis further challenges India Inc this […]
The two ways India can help Sri Lanka are through plantation and tourism: Sri Lanka’s primary source of income. However, the Indian economy is a target of the rising Russia-Ukraine crisis, the removal of PM Imran Khan, and border troubles with China. Furthermore, the demonetization in 2016 slowed down India’s economic growth. Nevertheless, while solutions […]
Presently, India struggles with slow growth and high inflation. On Thursday, the finance ministry said in its Monthly Economic Review that the Russia-Ukraine crisis presents a twin challenge to the Indian economy. Furthermore, the ministry informed that the government sought affordable options to procure crude oil. In January, the Economic Survey predicted the Indian economy […]
