India's GDP to expand at 6.6% in FY25; will fuel NBFCs' growth: Moody’s.

Moody's Ratings has forecasted Indian economy to grow by 6.6% in the fiscal year 2025 and 6.2% in the subsequent year. This expected growth is anticipated to drive robust credit demand, which will support the profitability of non-banking finance companies (NBFCs) in India.

India's smartphone market is up 11.5%, Apple rules the super-premium segment

In the first quarter of FY24, India's smartphone market surged, shipping 34 million units, with an impressive 11.5% year-on-year growth, as reported by IDC.

AI spending in India may triple to US$ 5 billion by 2027; US$ 1,703 million spent in 2023

Intel and IDC's recent report projects India's AI spending to triple, reaching US$ 5 billion by 2027 from US$ 1,703.8 million in 2023, with a projected CAGR of 31.5%.

Passenger vehicle, 2W exports rose by over 20% in April: SIAM monthly data

April saw a 20% surge in passenger vehicle and two-wheeler exports, but FY24 witnessed declines in two-wheeler shipments.

India showcases its green hydrogen potential at the World Hydrogen Summit 2024 in the Netherlands

India's presence at the World Hydrogen Summit 2024 highlights its progress in green hydrogen technology and energy transition goals.

MahaRERA proposes self-declaration of project quality by realty developers

MahaRERA proposes an annual self-declaration for realty developers, highlighting project quality assurance to standardise processes and ensure better experiences for homebuyers.