NEW DELHI: The country’s economy is projected to grow by 6.4-6.7% during the current financial year, Rajiv Memani, newly appointed president of Confederation of Indian Industry (CII), said on Thursday but cautioned that geopolitical uncertainty could pose a risk to the forecast. “At a time when global economic and political volatility is at its highest…
India’s sugar sector has grown into a Rs 1.3 lakh crore annual industry, playing a key role in rural development, energy independence, and green fuel production, Union Food minister Pralhad Joshi said on Thursday.Speaking at the ‘Cooperative Sugar Industry Conclave 2025’ and ‘National Efficiency Award Ceremony’, Joshi credited policy reforms under Prime Minister Narendra Modi’s…
India’s rare earth situation reflects limitations in technical capacity and economic viability rather than lack of intention. (AI image) China dominates the world’s rare earth metals and minerals supply – and it’s a fact that the world’s second largest economy is exploiting to the fullest, increasingly so in view of the tariff war unleashed by…
China’s escalating export curbs on critical minerals are no longer just strategic warnings but a direct challenge to India’s industrial ambitions, think tank Global Trade Research Initiative (GTRI) said on Thursday, urging immediate action through reverse-engineering and localisation of key imports to reduce dependency on Beijing.“India must act to slash Chinese import dependence. There is…
As the National Stock Exchange (NSE) moves closer to its long-awaited IPO, ace investor Radhakishan Damani‘s early-stage investment in the bourse is delivering massive paper gains. His 1.58% stake—equivalent to 3.91 crore shares—is currently valued at around Rs 9,300 crore in the unlisted market, based on the latest grey market price of Rs 2,389 per…
The IT and IT-enabled services (ITeS) sector continues to dominate salary rankings across experience levels, with freshers in tech roles earning up to Rs 28,600 per month and professionals with five to seven years of experience drawing Rs 68,900, according to global hiring platform Indeed’s latest PayMap survey. The high compensation is being driven largely…
India may face fewer tariff headwinds from the US than many of its Asia-Pacific peers, helping the country attract greater investment flows and strengthen its position as a global manufacturing hub, Moody’s Ratings said on Thursday.The ratings agency, in its outlook on APAC sovereigns, noted that several export-heavy economies across the region were hit by…
After soaring over 40% in the past year and hitting record highs, gold prices may be running out of steam. Analysts and research houses including Citi, Motilal Oswal, and Fitch unit BMI have raised caution flags, pointing to shifting macroeconomic conditions that could undercut the yellow metal’s recent safe-haven strength.The run-up in gold prices has…
India’s defence sector has taken pole position among all sectoral indices, delivering a 34.82% return over the past six months — a performance that stands out against Nifty’s 5.49% gain and declines in IT and pharma. While most sectors struggled or stayed flat, defence stocks rallied on the back of strong order visibility, execution, and…
India’s quick commerce industry is sprinting ahead in metros, but non-metro cities continue to trail behind, held back by weak demand, low digital adoption, and entrenched local shopping habits, according to a report by Redseer.The sector expanded nearly 150% year-on-year in the first five months of 2025, driven by aggressive rollout of dark stores, rapid…
