April 25, 2024
REITs, InvITs mobilise US$ 15.60 billion (Rs. 1.3 lakh crore) in past 4 years: RBI data
REITs and InvITs have amassed US$ 15.60 billion (Rs. 1.3 lakh crore) over 4 years, propelled by SEBI's regulatory adjustments, enhancing retail participation in realty and infrastructure sectors.
Prime Minister Mr. Narendra Modi advocates prioritizing resilient infrastructure to tackle rising natural disasters, emphasizing the need for global collaboration at the CDRI.
Credit card spends rise 27% to US$ 219 billion (Rs. 18.26 lakh crore) in FY24: RBI data
Credit card spending surged in FY24, reaching US$ 219 billion (Rs. 18.26 lakh crore), with HDFC Bank leading in card issuances.
Pharma exports rise around 10% to US$ 27.9 billion, US biggest importer
India's pharmaceutical exports soared to US$ 27.9 billion in 2023-24, up 9.67%, with March registering a notable 12.73% surge to US$ 2.8 billion.
India, UAE on track to surpass US$ 100 billion non-oil trade target by 2030
India-UAE trade has surged by 15% since May 2022 due to the free trade agreement, with both countries aiming to surpass US$100 billion in non-oil trade by 2030 through CEPA.
Jio surpasses China Mobile to become the world's top data traffic operator
Reliance Jio surpasses China Mobile to become the top global mobile operator in data traffic consumption, hitting 40.9 exabytes in the first quarter of 2024.