Kumar Mangalam Birla encouraged Indian businesses to boost investment. The government has significantly increased its capital expenditure. Birla’s group and other companies have started large capacity expansions. He emphasized the role of businesses in driving economic growth. Birla suggested India…
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Four employees of a prominent solicitor firm, including the CFO and Head Accountant, were arrested in Mumbai for allegedly embezzling ₹49.7 lakh, potentially exceeding ₹3-4 crore, through bogus invoices and fraudulent bills since 2020. Police are investigating the use of…
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Commbitz has launched in India, bringing its innovative e- SIM technology to empower travellers and businesses with seamless, affordable connectivity. Co-Founder Harsh Jayesh Ruparel stated, “This expansion reflects our commitment to enabling borderless communication.” The company aims to address the…
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India’s economy is projected to grow at 6.5 per cent and 6.7 per cent in FY25 and FY26 respectively, as per CareEdge Rating’s report with the numbers and trends for sectoral outlooks varying. The pharmaceutical sector is expected to grow…
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Fitch Ratings lowered India’s GDP growth forecast for 2024-25 to 6.4% from 7%, echoing the Reserve Bank of India’s reduced projection. Despite recent mixed indicators, Fitch maintains a positive outlook, citing strong domestic demand and continued policy support in infrastructure…
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India’s stock market has seen tremendous growth. An SIP of Rs 10,000 per month over 30 years in HDFC Flexi Cap Fund could be worth Rs 20 crore today. India’s nominal GDP growth and corporate profits have driven market returns.…
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