October 20, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Prime office space demand in India rose to a ten-quarter high of around 11 million sq ft during July-September 2016: Commercial Real Estate Services (CBRE)
New Delhi: Perto SA, the Brazil-based automatic teller machines (ATMs) and cash dispensing machines (CDMs) manufacturer, inaugurated its first manufacturing plant in India in Jaipur, which is expected to generate direct employment for highly skilled and skilled labor, and generate demand for local quality services and suppliers.
New Delhi: India's domestic air traffic rose 23.5 per cent year-on-year to 8.23 million passengers in September 2016, and is now expected to surpass the UK in a decade, as stated by Mr Ashok Gajapathi Raju, Union Minister for Civil Aviation, Government of India.
New Delhi: The Government of India has drafted a new Consumer Protection Bill with special emphasis on setting up an extensive mechanism to ensure simple, speedy, accessible, affordable and timely delivery of justice to consumers.
New Delhi: Swedish commercial vehicle maker Volvo AB's Indian research & development (R&D) team are developing trucks for global markets at company’s Bengaluru research & development (R&D) centre.
New Delhi: Ferrero, an Italian manufacturer of branded chocolate and confectionery products, plans to double its investment in India to Rs 1,600 crore (US$ 239.8 million) in the next few years, as per Mr Roberto Grasso, Managing Director at Ferrero India.