India has the potential to become the world’s third largest consumer market by 2027: Report

15 November, New Delhi (IANS). India’s fashion industry is going to grow rapidly in the coming times despite global economic challenges. This boom in the country’s fashion industry will be fueled by the growing middle class and increasing preference for domestic brands. According to a latest report, the development of fashion industry will play an … Read more

Delhivery’s profit declined by 80 percent to Rs 10 crore in September quarter.

New Delhi, November 15 (IANS). Logistics company Delhivery has seen a decline of more than 80 percent in its net profit in the second quarter of the current financial year. This information was given by the company in its exchange filing. The third-party logistics service company has posted a profit of Rs 10.2 crore in … Read more

India’s total exports will cross $800 billion in the coming months

New Delhi, November 15 (IANS). Given the strong and resilient pace of exports in the current financial year, industry experts on Friday said they expect India’s total exports to cross $800 billion in the coming months. India’s exports rose to more than $73 billion in October from $61 billion in the same month last year, … Read more

AI-capable PC shipments increase globally in third quarter

New Delhi, November 14 (IANS). There has been a global increase in AI-capable PC shipments in the third quarter. According to a latest report, AI-capable PC shipments reached 13.3 million units in the quarter ended September, accounting for 20 percent of all PC shipments during the quarter. A Canalys report said the sequential growth in … Read more

Indian stock market opened flat, domestic institutional investors increased stake

Mumbai, November 14 (IANS). The Indian stock market opened in a limited range on Thursday. Buying was seen in IT, PSU banks, financial services and pharma sectors in the initial trade. In early trade at around 9.43 am, the Sensex was trading at 77,728.24 after rising 37.29 points or 0.05 percent, while the Nifty was … Read more

Head of US Department of Government Efficiency, Musk will cut wasteful expenditure in US government: Mark Mobius

New Delhi, November 13 (IANS). Global investor Mark Mobius has said that Elon Musk, who is leading the New Department of Government Efficiency (DOGE) under the presidency of Donald Trump in America, will be successful in reducing the huge amount of wasteful expenditure of the US government. Speaking to IANS, Mobius said that Government Efficiency … Read more

Indian startups raised $10 billion in funds by October, may exceed last year’s figure: Report

New Delhi, November 13 (IANS). There is improvement in raising funding by Indian startups. According to a recent report, till October this year, Indian startups have raised funding of about $10 billion. Startups had raised a total of $10.5 billion in funding last year. In such a situation, it is believed that this time the … Read more

Sales increased by 12 percent during the festive season in India, huge shopping took place in small cities

Bengaluru, November 13 (IANS). The gross merchandise value (GMV) of India’s e-commerce sector in this year’s festive season has been more than $ 14 billion (about Rs 1.18 lakh crore). There has been an increase of 12 percent in comparison to the last festive season. This information was given in a report released on Wednesday. … Read more

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