India sees incorporation of 185,000 companies in 2023-24, shows data

Recent official data unveils a robust surge in company registrations, with over 185,000 new entities established in the country during the last fiscal year.

Consumer sentiment highest in at least 62 months, shows CMIE data

Consumer sentiment in India has reached its highest level since 2019, with rural areas leading the surge, while urban sentiment lags, reflecting varying income group dynamics.

MSMEs contribute 62% to employment in India: McKinsey Global Institute

A McKinsey Global Institute report reveals that micro, small, and medium enterprises (MSMEs) employ 62% of India's workforce, highlighting opportunities for collaboration to enhance productivity and economic growth.

Indians make 10-12 billion cashless payments: External Affairs Minister, Mr. S Jaishankar, on digital infra

India's External Affairs Minister, Mr. S Jaishankar, highlights India's digital prowess with 10-12 billion monthly cashless transactions, positioning India as a global economic powerhouse poised for a top-three ranking despite COVID-19 challenges.

Number of medical tourists in India to exceed pre-pandemic levels in CY24

India's medical tourism industry is set to thrive post-pandemic, with an estimated 7.3 million medical tourists expected in 2024, driven by top-notch healthcare infrastructure and cost-effective treatment options, prompting major hospital chains to expand their global outreach offices.

US tech industry cannot survive without Indians: SVC Chamber of Commerce CEO

Ms. Harbir K Bhatia, CEO of the Silicon Valley Central Chamber of Commerce, highlights the indispensable role of Indian talent in driving innovation and sustaining the tech industry in Silicon Valley, emphasizing their strong work ethic, problem-solving prowess, and versatility across professions.