March 24, 2017
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.
The Indian organised logistics sector may touch US$ 50 billion by 2025: Alvarez & Marsal report
New Delhi: The Ministry of Women and Children Development, Government of India, plans to implement the Integrated Child Development Services (ICDS) Scheme, Scheme for Adolescent Girls (AGs) and Maternity Benefit Programme (MBP), which aim to deal with the problem of malnutrition in the country, for which the Government has released funds worth Rs 23,092 crore (US$ 3.53 billion) to States and Union Territories for the same.
Kochi: India's natural rubber production has grown 17.58 per cent year-on-year to 622,000 tonnes in 2016-17 (till February), and the total production for the year is expected to be higher than the target of 654,000 tonnes.
New Delhi: The Indian automotive component aftermarket segment is expected to grow at a CAGR of 10.5 per cent to reach Rs 75,705 crore (US$ 13 billion) by 2019-20, according to a study by Automotive Component Manufacturers Association of India (ACMA).
New Delhi: Bharti Airtel Ltd, India's largest telecom operator, has decided to buy Tikona Digital Networks Pvt Ltd’s 4G business for approximately Rs 1,600 crore (US$ 244.6 million), which includes its broadband wireless access spectrum as well as 350 cellular sites in five telecom circles.
New Delhi: Global e-commerce giant, Amazon is planning to enter the Indian food retailing sector by investing US$ 515 million in the next five years, as per Mr Harsimrat Kaur Badal, Minister of Food Processing Industries, Government of India.