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Merchandise exports grow 11 months on trot, up 43% YoY to $35.65 bn in Oct Merchandise exports grew for the eleventh straight month to $35.65 billion, up 43 per cent on year during October, as external demand continued to remain robust. Preliminary data released by the commerce and industry...

IndiGo operating more daily domestic flights than in pre-Covid times; orders more comfy seats for entire fleet India is witnessing a swift recovery in domestic air travel as the pandemic subsides. The country’s biggest airline, IndiGo, is now operating more domestic flights on peak travel days...

And CITIC Securities' parent company 'CITIC group' is a government owned conglomerate.

Boat outsources manufacturing to Chinese and Indian companies. Some of its products are manufactured in India by Dixon technologies.

Q2 results so far. Sales up 29.4% and profit up 26.2%.

JNPT privatisation: Top operators queue up Top port operators such as Adani Ports and Special Economic Zone Ltd, DP World, PSA International, APM Terminals, CMA Terminals Holding, Terminal Investment Ltd and JM Baxi Group are among the 12 groups that have submitted initial bids to a Jawaharlal...

Vivo and Oppo have not made even One rupee profit in India since their entry to the country. Last year Oppo made a massive 2k crore loss. How can lava or micromax compete with that? These Chinese companies are here to dump surplus manufacturing capacity. Their factories in india are just...

About 80% of economy now formal following digitisation drive, pandemic: SBI Report The digitisation drive and pandemic-induced emergence of the gig economy have led to a faster formalisation of the economy, with the share of the informal sector shrinking to just 15-20 per cent in 2021 from 52.4...

Services sector PMI in October shoots up to 58.4, activity at fastest pace in a decade Continued growth ensured new jobs were created in the service sector after nine continuous months of job shedding earlier in the year. According to the monthly IHS Markit India Services Purchasing Managers’...

PIB - INDIA’S MERCHANDISE TRADE: Preliminary Data October 2021 India’s merchandise exports in October 2021 was USD 35.47 billion, an increase of 42.33% over USD 24.92 billion in October 2020 and an increase of 35.21% over USD 26.23 billion in October 2019 India’s merchandise exports in...

PIB - GST collection for October 2021 registered the second highest since implementation of GST State-wise growth of GST Revenues during October 2021[1] State Oct-20 Oct-21 Growth Jammu and Kashmir 377 648 72% Himachal Pradesh 691 689 0% Punjab 1,376 1,595 16% Chandigarh 152 158 4%...

GST collection in October crosses ₹1.3 lakh crore, second highest ever The gross GST revenue collected in the month of October 2021 exceeded ₹1.3 lakh crore. The GST revenues for October is the second highest ever since introduction of GST, second only to that in April 2021, which related to...

Manufacturing PMI Expands For Fourth Straight Month A gauge of activity across India’s manufacturing sector expanded for the fourth straight month. The IHS Markit India Manufacturing Purchasing Managers’ Index stood at 55.9 in October against 53.7 in September, according to a media statement. A...

Govt's excise collection on petro products 79% more than pre-Covid levels The government's collection from levy of excise duty on petroleum products has risen 33 per cent in the first six months of the current fiscal when compared with last year and is 79 per cent more than pre-Covid levels...

It is a subsidiary of Air India. But in privatization process it was left out. Tata group will get Air India and Air India Express only.

Dixon Technologies scouts for buys to get in global top 10 EMS league Dixon Technologies is scouting for acquisitions of design companies as well as buyouts of component makers. This will help it go for backward integration and achieve its target of being among the top 10 players in the...

Govt finances in very comfortable position. Time for tax cuts on Petrol and Diesel. Centre's fiscal deficit at 35% of budget estimates vs 115% a year ago India’s fiscal deficit for April-September period compressed to 35 per cent of the Budget Estimates (BE) from 115 per cent in the same...

RBI governor given second tenure of 3 years.