Projections from CareEdge Advisory reveal a promising trajectory, with exports poised to surge by 7-9%, reaching an estimated value of approximately US$1500-1530 million
It is widely anticipated that the RBI MPC will maintain the repo rate at the current level of 6.5 percent. This would mark the sixth consecutive time when the rate remains unchanged.
India Business News: Growth in infrastructure sector slowed to a 14-month low in December, raising concerns for the country's overall industrial output. Data released by t
The Government of India is likely to miss its divestment target for the fifth year in a row. In the last Budget, the government had set a divestment target of ₹51,000 crore for FY24 and has garnered around ₹10,000 crore so far, which is just 20 percent of its original target.
India s Passenger Vehicles (PV) segment is expected to achieve a record 18-20% growth in the current fiscal year, with a continued upward trend in the next fiscal year, according to a report by CareEdge. The growth is attributed to a strong order book, improved supply chain, robust demand for new model launches, and increasing demand in the Utility Vehicles (UVs) segment.