Jan 2019

Target: The new Indian shopper

Walmart paid a staggering $16 billion to take control of India’s largest e-commerce company, Flipkart, as it bet on the country’s growing consumption boom and estimates that consumer spending could grow to $6 trillion by 2030.

2019 will be challenging for Indian IT-ITeS industry

The year, however, will bring in a lot of opportunities as the industry is expected to grow around 10%.


India to have 200 airports by 2040

Top 31 cities will have two airports each; passenger traffic is expected to grow sixfold to touch 1.1 billion, according to the civil aviation ministry vision document.


Passenger vehicle sales decline in December   

SIAM says global factors such as a slow-growing world economy and the ongoing trade war between the U.S. and China will pose a major challenge to India’s automobile industry.


$2k per capita GDP to drive consumption

According to Central Statistics Office estimates India’s GDP at current prices is expected to touch Rs 188.41 lakh crore in 2018-19.


RBI reserves: How much is too much?

While the six-member Bimal Jalan committee looks into the contentious issue, a recent study shows that the RBI’s reserves are far in excess of what is required.


India’s consumer spending to grow to $6 trillion by 2030: report

During this period, India will also lift nearly 25 million households out of poverty.