WPI inflation at nearly 2-yr low at 2.45 pc in May

India's Wholesale Price Index (WPI) reached a 22-month low of 2.45 per cent in May 2019, supported by fall in food prices, fuel and power items, as per the latest data released by the Reserve Bank of India (RBI).

India ready to take a giant leap into space, to set up own station

India is going to set up its own space station, marking its biggest leap yet in space exploration, according to Mr K Sivan, Chairman, Indian Space Research Organisation (ISRO).

Scale of Indian market allowing Google to develop new products: Pichai

The expanse of the Indian market has allowed Google to develop new products in the country and take it to the global level, as per Mr Sundar Pichai, Chief Executive Officer, Google.

FDI flows to India grew 6% in 2018 to USD 42 bn: UN report

India's foreign direct investment (FDI) inflows increased 6 per cent in 2018 to reach US$ 42 billion on the back of investments in manufacturing, financial services and communication sectors.

Govt pursuing efforts to set up second airport in major cities

The Ministry of Civil Aviation, Government of India is making efforts to have a second airport in major cities of the country to meet the rising passenger demand.

26.17 per cent hike in revenue collection in Bihar

Revenue collection by the Government of Bihar increased 26.17 per cent in FY19 to Rs 25,583 crore (US$ 3.69 billion).

Life insurance new biz premium soars over 41% in May

New business premium for India's life insurance industry grew 41.15 per cent year-on-year to Rs 28,395.89 crore (US$ 4.09 billion) in May 2019.

Food service industry to touch Rs 5.99 lakh cr mark by FY23

India's food service industry is expected to reach Rs 5.99 trillion (US$ 86.28 billion) by FY23 from Rs 4.23 trillion (US$ 60.93 billion) in FY19.

India extends Rs 1.6 billion aid to Nepal for rebuilding earthquake-hit houses

India has extended a financial aid of Rs 995 million (US$ 14.35 million) to Nepal for rebuilding earthquake-hit houses in Nuwakot and Gorkha districts.

Growth in home loans higher in non-metros: JLL

Home loan growth in Tier II & III cities across 50 districts of the India increased at 15-36 per cent compounded annual growth rate (CAGR) between FY13-18

ICAT Releases India’s 1st BS – VI Certificate in Two Wheeler Segment

India’s first Type Approval Certificate (TAC) for Bharat Stage - VI (BS – VI) norms for the two wheeler segment has been released by the International Centre for Automotive Technology (ICAT).

Indian Railway Station Development Corporation (IRSDC) enters into Tripartite Agreement with French National Railways (SNCF) & AFD, a French Agency

Indian Railway Station Development Corporation (IRSDC) and French Railways (SNCF) & AFD, a French Agency have signed Tripartite Agreement on June 10, 2019 to support the Railway Station Development Program in India.