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News

Fortune India
fortuneindia.com > economy > consumption-recovery-remains-uneven-despite-strong-growth-in-key-indicators-manufacturing-gathers-pace-says-report > 150055

Consumption recovery remains uneven despite strong growth in key indicators; manufacturing gathers pace, says report

1+ hour, 7+ min ago   (484+ words) "On an absolute basis, the consumption bit has done better than last year, but it still remains patchy to call it a trend already," the report said, adding that most of the double-digit growth in demand indicators should be viewed…...

Fortune India
fortuneindia.com > economy > indias-monsoon-deficit-persists-raising-food-inflation-risks-rbi-likely-to-stay-on-hold-360-one-asset > 149957

India's monsoon deficit persists, raising food inflation risks; RBI likely to stay on hold: 360 ONE Asset

7+ hour, 12+ min ago   (917+ words) A measure of underlying price pressures that strips out volatile items such as food, fuel, and in this case gold and silver, to reveal the structural inflation trend. It is widely used by central banks to guide monetary policy decisions....

Fortune India
fortuneindia.com > business-news > itc-lines-up-20000-crore-capex-to-deepen-manufacturing-exports-and-import-substitution > 149730

ITC lines up ₹20,000 crore capex in manufacturing expansion, exports, and import substitution

1+ day, 5+ hour ago   (212+ words) ITC Limited has proposed a medium-term capital expenditure plan of ₹20,000 crore across businesses with high multiplier impact as it expands manufacturing capacity, strengthens domestic value chains and scales up export-oriented operations, chairman & MD Sanjiv Puri said at the company's annual…...

Fortune India
fortuneindia.com > business-news > west-asia-turmoil-reinforces-need-for-resilient-business-models-says-itcs-sanjiv-puri > 149745

West Asia turmoil reinforces need for resilient business models, says ITC's Sanjiv Puri

1+ day, 4+ hour ago   (340+ words) The prolonged uncertainty arising from the West Asia crisis has moved global volatility from being an occasional disruption to a structural challenge, threatening energy security, trade and supply chains, ITC chairman & MD Sanjiv Puri said today, urging Indian businesses to…...

Fortune India
fortuneindia.com > economy > healthy-demand-industrial-resilience-help-india-tide-over-global-uncertainties-fiscal-deficit-a-concern-rbi-bulletin > 149684

Healthy demand, industrial resilience help India tide over global uncertainties; fiscal deficit a concern: RBI bulletin

1+ day, 21+ hour ago   (314+ words) Healthy demand coupled with a resilient industrial and services sector helped the Indian economy navigate the global uncertainties in June, according to the Reserve Bank of India’s bulletin for July. The bulletin said the global economy remains clouded by renewed…...

Fortune India
fortuneindia.com > amp > story > economy > indias-business-activity-rises-to-32-month-high-in-june-icra-projects-q1-gdp-growth-at-64-66 > 149537

India's business activity rises to 32-month high in June; ICRA projects Q1 GDP growth at 6.4-6.6%

2+ day, 4+ hour ago   (398+ words) Fortune India India's economic activity accelerated sharply in June, with the ICRA Business Activity Monitor (BAM) recording a 32-month high growth of 12% year-on-year, driven by broad-based improvement across high-frequency indicators, easing geopolitical disruptions, and weather conditions that supported construction and…...

Fortune India
fortuneindia.com > amp > story > personal-finance > banking > rbi-issues-draft-for-future-ready-rules-related-to-foreign-investments > 149445

RBI proposes simplified foreign investment rules, eases framework for overseas listing of Indian companies

2+ day, 22+ hour ago   (444+ words) Draft FEMA norms aim to reduce regulatory complexity, align with FDI policy and create a future-ready investment framework; public comments invited till August 31. The Reserve Bank of India (RBI) on Tuesday proposed simplified and future-ready rules related to foreign investments,…...

Fortune India
fortuneindia.com > economy > core-sector-growth-rises-to-five-month-high-of-5-in-june-on-strong-iron-ore-cement-and-electricity-output > 149200

Core sector growth rises to five-month high of 5% in June on strong iron ore, cement, and electricity output

4+ day, 9+ min ago   (278+ words) India's core infrastructure sectors expanded at a five-month high of 5% year-on-year in June, supported by robust growth in iron ore, cement and electricity production, according to provisional data released by the government on Monday. Among the nine sectors, iron ore…...

Fortune India
fortuneindia.com > amp > story > economy > india-will-account-for-a-sixth-of-the-global-growth-in-coming-years-fm-nirmala-sitharaman > 148970

India will account for a sixth of the global growth in coming years: FM Nirmala Sitharaman

6+ day, 3+ hour ago   (354+ words) Businesses must come forward to utilise the opportunities emerging across sunrise sectors, leverage technology and innovation, Sitharaman said Finance Minister Nirmala Sitharaman today said India is the fastest growing economy and will account for over a sixth of the global…...

Google News
fortuneindia.com > business-news > iran-war-impact-india-stands-to-gain-on-gcc-data-centre-dubai-to-remain-resilient-despite-disruptions-anshuman-magazine > 148944

Iran War Impact on Middle East Realty: Why India Emerges as Neutral Investment Hub for GCCs and Data Centres, Dubai Seen Resilient

6+ day, 9+ hour ago   (381+ words) Commercial real estate services and investment firm CBRE said India stands to gain massively from the ongoing war in the Middle East as it will emerge as a neutral investment destination for data centres and GCCs amid the grim geopolitical…...