“Well I am first an Indian citizen and then a tech entrepreneur so therefore I would want India to make tremendous progress, not just in IT but in every sector,” says NR Narayana Murthy, Founder, Infosys.What about manufacturing as an industry because a lot of people are saying that manufacturing is positioned the way services … Read more
“I am very confident about the India growth story because I think we have to look at the medium to long term where I think our prospects are very good,” says Subhrakant Panda, President, FICCI. It is an interesting time when you takeover, one full of uncertainties. What do you think the biggest challenges are … Read more
“Banks are an excellent pick for an earnings upgrade in a rising interest rate environment even though the Bank Nifty is, in fact, the most heated sectoral index at the current junction,” says Sonam Srivastava, Founder at Wright Research. In an interview with ETMarkets, Srivastava said: “Domestic capital goods and manufacturing are still seeing upgrades … Read more
Electric mobility and autonomous driving will be shaping mobility in the upcoming years and decades. To remain competitive in the long term, manufacturers must stay one step ahead of the competition and present solutions today that meet the needs and requirements of tomorrow’s users. At the K 2022 trade fair in Düsseldorf, LEONHARD KURZ will … Read more
India’s services sector’s growth has continued to gain momentum, with a surge in incoming new work boosting business activity and supporting a renewed increase in employment amid rising price pressures, data shows. India’s S&P Global PMI in the month of April stood at 57.9, up from 53.6 in March. Similarly, the composite PMI for the … Read more
The business-to-business (B2B) startup economy has been contributing to some remarkable work bringing in innovation that is translating ‘Make in India’ growth story, Invest India CEO Deepak Bagla has said. “In my opinion, startups are doing exceptional work and are making concerted efforts towards consolidating the manufacturing ecosystem in India, bringing in efficiencies much needed … Read more
The GDP growth is estimated to come at the “deceptively high” level of 20 per cent for the April-June 2021 quarter but is far below the same in the pre-COVID times, rating agency said on Wednesday. Icra said the low base of the last year, when the GDP had contracted by close to 24 per … Read more
NEW DELHI: A study of the Reserve Bank of India’s (RBI) latest bank lending survey shows after the decline in demand for loans in April-June on account of the second wave of the Covid pandemic, banks see a recovery in loan demand this quarter, Nomura Global Markets Research said in a report. “…Banks expect loan … Read more
One-degree Celsius rise in annual temperatures may lead to two per cent drop in productivity levels of industrial units and climate change may hurt the Indian manufacturing sector owing to heat stress on workers, a new study has said. The study by the Energy Policy Institute at the University of Chicago used several high-frequency micro-data … Read more
The ongoing key reforms such as sops for manufacturing, easier labour laws, wooing FDI inflows and privatisation will help improve productivity and support long-term growth at 7.5-8 per cent levels, which if played out well, can help India contribute 15 per cent of global GDP growth by FY2026, says a report. According to a report … Read more