Annual RE installations likely to surpass 35 GW by FY27
The country’s annual renewable energy (RE) installations are expected to surpass 35 gigawatt (GW) over the next two years, primarily supported by a healthy pipeline of more than 100 GW projects, CareEdge Ratings said on Wednesday. “The accelerated growth in the RE over the last 12 months has been an
Growth likely to have slowed in Q2 but no significant downside risk to FY25 projections: DEA
India’s economic growth may have slowed in the September quarter, but overall there is not much downside risk to 6.5-7 per cent growth in the current fiscal year, Economic Affairs Secretary Ajay Seth said on Wednesday. Seth said while some goods and services may not have have grown at the
States procure only 2.6% of soyabean approved by Centre under price support scheme
The soyabean procurement this season, which became a political issue in Maharashtra and led to a last minute relaxation in the moisture norm, may increase at agriculture produce marketing committee (APMC) yards. The moisture level has reduced in the crop compared with the last month. According to agri cooperative Nafed’s
Finmin sticks to its FY24-25 GDP growth forecast at 6.5-7%
Finance Ministry does not see any significant downside risk to the earlier 2024-25 growth assessment of 6.5-7 percent projected in this year’s Economic Survey, Ajay Seth, Economic Affairs Secretary, said on Wednesday. This is even as the Senior Finance Ministry official acknowledged some slowdown in certain goods and services in
Slowing growth, dip in earnings, fall in urban demand cause for concern
Mounting anxiety over the prospect of a slowdown in growth coinciding with a disappointing second quarter for corporate earnings and a decline in urban consumption are causing concerns in top government quarters. Research agencies estimate that the growth has most likely slowed during the July-September quarter (Q2) of the current
India uniquely positioned to capture 35-50% of global CIH market: BCG, ETCFO
Capability and innovation hubs (CIHs) have an expanded portfolio of services today and India has an opportunity to capture a big share of this market, says Boston Consulting Group. CIHs are centres that provide access to high quality talent and advanced technology to help businesses grow by playing a prominent
Rupee resilient despite FII outflows, India’s contribution to world market cap grows, ETCFO
Mumbai, Nov 20 (IANS) India’s strong macroeconomic fundamentals — robust GDP growth, controlled inflation, managed twin deficits and record foreign reserves — have kept the rupee resilient despite foreign institutional investor (FII) outflows, a report showed on Wednesday. Mumbai, India’s strong macroeconomic fundamentals – robust GDP growth, controlled inflation, managed
Majority healthcare job postings seek women professionals: Report, ETCFO
For roles such as medical representatives, nurses, pharmacists and physiotherapists, the platform reported a 35% rise in job postings in tier-1 cities and 50% increase in tier-2 and 3 cities New Delhi: In the last three months, 60% of the 40,000 healthcare job postings on Apna.co, a job and professional
DGFT launches probe into Indian sugar exports to Maldives being diverted to Lanka
The Directorate-General of Foreign Trade (DGFT) has launched a probe into sugar exports from India to Maldives under a bilateral treaty being diverted to Sri Lanka, trade sources said. On October 25, businessline reported that some exporters allegedly misused a part of the 64,494.33 tonnes of sugar allocated by the
India’s steel industry to grow at 8%; capacity to rise by 20 million tons by FY2027: report, ETCFO
India’s steel industry to grow at 8%; capacity to rise by 20 million tons by FY2027: report New Delhi [India], November 20 (ANI): The annual capacity of India’s steel industry will increase by 20 million tons between the financial year (FY) 2025-27, says Acuite Ratings & Research in its recent