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The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals are…
India’s long-term economic outlook could fundamentally reshape the corporate landscape over the next two decades, Motilal Oswal Financial Services has said in a new report, identifying 30 companies it believes are best placed to benefit from what it calls the country’s “next multi-decade growth era”, ET reported.The brokerage expects India’s GDP to rise from $4…
India’s expanding data centre and artificial intelligence ecosystem could position the country as a global leader in power trade, with experts pointing to surplus electricity capacity and rapid reforms in the power distribution sector, according to speakers at a national conference on energy and technology.Speaking at the National Conference on AI and Machine Learning based…
India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…
India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted by…
India’s Rishabh Pant (AP Photo/Aijaz Rahi) India head into the second Test against South Africa at the Barsapara Cricket Stadium in Guwahati knowing that nothing less than a win will keep the series alive. After the heavy defeat in the first Test, the pressure is immense, and much of it rests on Rishabh Pant’s shoulders….
NEW DELHI: Celebrated folk singer Maithili Thakur has turned her cultural influence into a political triumph, setting out to secure a historic victory for the Bharatiya Janata Party (BJP) in Bihar’s Alinagar constituency. This marks the first time since the seat’s formation in 2008 that the BJP has won from Alinagar.The 25-year-old singer, known across…
India is rapidly establishing itself as a global leader in services exports, with a compound annual growth rate (CAGR) of 14.8 per cent over the past three decades, outpacing goods exports, which grew at 9.8 per cent, said National Stock Exchange (NSE) officials. According to news agency PTI, NSE chief economist Tirthankar Patnaik said, “India…
India vs West Indies (AP Photo/Manish Swarup) NEW DELHI: The Indian bowling unit demonstrated resilience on a challenging sub-continental pitch, positioning India close to achieving a 2-0 series sweep against West Indies on day four of the second Test. India needs 58 more runs on the final day, having reached 63 for 1 at stumps…
India is expected to contribute about 20% of global GDP growth, underpinned by strong domestic demand and prudent macroeconomic and financial sector policies that have helped it withstand external shocks, Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi, said on Saturday.Addressing the 85th Kale Memorial Lecture on “Indian Economy in a changing global order”…
