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Articles for Economy

India's $1 Tn Goods Export Goal Can Be Met Early With 18% Annual Growth: Report

At present, only 1.36 per cent of India's MSMEs are exporting, highlighting the disconnection between India's export growth and MSME's propensity to internationalise

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Moneyboxx’s Net Profit Sees Over 162% YoY Growth In Q1FY25

By diversifying its funding sources, the company has reduced its cost of borrowing as the cost of incremental borrowing stood at 12.05 per cent during the first quarter of the Financial Year 2025, down from 13.73 per cent in Q1FY24

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Domestic Air Traffic Reports 9% YoY Growth In July: Report

Icra states that with the elevated aviation turbine fuel (ATF) prices and the depreciation of the Indian rupee, the improvement in yields is likely to remain monitorable

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Ecommerce Firms To Hire 10 Lakh Gig, 2.5 Lakh Contract Workers: Report

The TeamLease report notes that the ecommerce industry is set to witness a significant 35 per cent surge in sales during the upcoming festive season, marking a substantial increase from the previous year

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India Could Gain Monthly Readymade Garments Exports Orders Worth $250 Mn: Report

A CareEdge Report states that India could receive monthly readymade garment export orders worth USD 200-250 million in the short term, cashing in on the opportunity posed by the unrest in the second-largest exporter in the sector, Bangladesh

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India’s Coffee Production Expected To Plummet In 2024-25 Due To Adverse Weather, Says Coffee Board

India's coffee production was around 3.6 lakh metric tonnes in the 2023-24 crop year. However, the adverse weather conditions could result in a steep decline, potentially disrupting both domestic supply and export markets

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Piyush Goyal Asks Footwear Industry To Aim $50 Bn Export By 2030

India is the world's second-largest manufacturer of footwear, and Goyal says the country has to become the world's largest manufacturer going ahead

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Sitharaman Suggests Opposition Members Take Up GST Matters With Council Members

Speaking on the suggestions by many Opposition members to reduce GST on health insurance premiums, Sitharaman reiterated that taxes were imposed on such items even before the GST regime came into effect in 2017

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Boilers Bill Introduced In Rajya Sabha, New Legislation To Replace Century-old Law

The Centre is examining all the pre-constitution Acts from the point of view of their suitability and relevance in the current times

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IT Hiring: Software Roles Lead Charge Amid Growing Demand For Tech Talent

With nearly 70 per cent of technology roles on Indeed being software-related, these positions attract 22 per cent of all job seeker clicks on the platform

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