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Majority of Indian car buyers prefer decisions through physical dealerships
According to the survey, nearly 9 out of 10 car buyers in India are...
India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor
“This year, the number of new demat accounts may cross the 40...
34 per cent of Pakistan’s population lives on just Rs 588 a day income: World Bank
The poor spend around 50 per cent of their total consumption on food items, the World Bank said in the report released on Tuesday, the day Prime Minister Shehbaz Sharif appointed Isamil as the finance minister. Around 34 per cent of Pakistan's population lives on just...
Over 1.67 lakh companies incorporated in India last year: MCA
''The incorporations during FY 2021-22 are 8 per cent more than the incorporations during FY 2020-21. While MCA had registered 1.24 lakh companies during FY 2018-19 and 1.22 lakh companies in 2019-20, respectively, it had registered 1.55 lakh companies during FY...
India-Fundraising via debt placement hits 6-yr low at Rs 5.88 lakh cr in FY22
Unless the high government borrowings and adverse interest rate cycle play spoilsport, the ongoing financial year is expected to be robust in terms of fundraising activities through the debt route on account of higher demand for credit from corporates in light of the...
Afghanistan’s per capita income falls by one-third in last months of 2021: World Bank
The political crisis has put the gains of around two decades in Afghanistan at risk and will lead the country to grave poverty, the World Bank said. According to the statement, if the current condition continues, the Gross Domestic Product per capita will decline by...
Auto sales remain in slow lane in FY22; two-wheeler dispatches lowest in 10 years
SIAM noted that the two-wheeler dispatches in last fiscal were the lowest in 10 years. Similarly, passenger vehicle dispatches last fiscal were below 2017-18 and 2018-19 levels. ''While some segments like commercial vehicles and SUVs are seeing improvement in demand,...
For 3rd quarter in row, startup funding crosses $10 bn in Q1, creates 14 unicorns
Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report Amit Nawka, the startups leader at the consultancy, told PTI that despite uncertainties in the global economic...
FPIs turn net buyers in April so far; invest Rs 7,707 cr in equities
Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said the inflow indicates that maybe foreign investors are almost done with the recalibration exercise of their portfolios owing to the current scenario. Also, the recent correction in the...
India-Gold imports surge to USD 46.14 bn in 2021-22
India is the world's second-biggest gold consumer after China. The imports are largely driven by the jewellery industry. The gems and jewellery exports during 2021-22 grew by about 50 per cent to about USD 39 billion India's gold imports, which have a bearing on the...
Chhattisgarh tops states with lowest unemployment rate in country: Govt
The state government has set up the 'Chhattisgarh Employment Mission' intending to create around 15 lakh new employment opportunities in the next five years. Chhattisgarh has been ranked first among states with the lowest unemployment rate in the country, an official...
India-Many passenger vehicle manufacturers report healthy wholesales during March 2022
"Tata Motors set several new records in a challenging year, disrupted by two waves of Covid, semi-conductor crisis and steep increase in commodity prices," said Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric...