With a population of 1.4 billion, India’s GDP is projected to expand significantly, placing it as the fifth largest economy globally. Goldman Sachs Research predicts a 6.3% growth in 2024, driven by macro-economic resilience and reduced vulnerability to external shocks compared to peers in the Asi...
The Indian real estate market is experiencing significant growth, particularly in the luxury segment. Following the pandemic, there has been a notable surge in both commercial and residential real estate demand. Projections indicate a substantial rise, with estimates suggesting a leap from US$477 bi...
India is the second largest gold-consuming country. Purchasing gold on Diwali is an Indian tradition because it is believed that investing on this day is auspicious considering a wealth management perspective. Around 60% of India’s total gold demand comes from rural areas; hence a good monsoon sea...
The African continent stands as a breathtaking mosaic of sand expanses, meandering rivers, national parks, and verdant forests, drawing travellers worldwide to its magnetic beauty. Its wealth of wildlife and stunning mountain ranges further elevate its appeal, making it an irresistible destination f...
The share of girl’s enrolment which used to be less than 10% of the total enrolment on the eve of independence is now showing an increasing trend. ‘Annual Report 2020-21’, published by the Ministry of Education states that as per Gross Enrolment Ratio (GER) (Female) is concerned, states such a...
The Reserve Bank of India (RBI) has taken significant strides this year by announcing the internationalization of the Indian rupee (INR). Internationalization implies widespread acceptance of the INR globally as a medium of exchange, allowing India to use INR for imports. This move by the RBI enable...
The ongoing conflict between Ukraine and Russia has set in motion a significant shift in the global trade landscape, with Russia and China forging a stronger economic alliance. This burgeoning trade relationship between Russia and China has not only altered global political dynamics but also impacte...
The Indian logistics industry employs over 22 million people, acting as the backbone and connecting thread among multiple industries. The dedicated freight corridors, road, rail, and sea (ports) connectivity enables and strengthens the supply chain in India accelerating economic growth. Till 2021, t...
Coal accounts for around 75% of India’s power generation at over 150 million tonnes (MT) annually. At present, India’s annual coal demand is around 950 MT. Along with its domestic demands in the energy sector; it has a large contribution in the steel industry. The country is the second-largest p...
The Micro, Small, and Medium Enterprise (MSME) sector has emerged as a significant sector of the Indian economy. The sector is crucial to India’s economic health, contributing about 45% to manufacturing output, more than 40% of exports, over 28% of the GDP while creating employment for more than 1...