macro India’s GDP to grow 6.6% in FY25: Deloitte Deloitte states that by 2030/31, half of India's households will fall into the middle-to-high-income bracket, further boosting consumer spending. By Shabeeh Azeem
macro Passenger traffic to drive 30% rise in private airport revenues: Crisil The study focused on 10 private airports, which collectively account for approximately 60% of the total passenger traffic in FY24. By Shabeeh Azeem
macro Indian solar makers to benefit as US set to restrict Chinese imports Indian solar exports have been growing in the past two years, following the US restrictions against China. By P B Jayakumar
macro RBI warns against illegal forex platforms, releases ‘alert list’ of 75 entities To tighten the noose around entities indulged in unauthorised operations, RBI re-issues an “alert list” that contains names of 75 unauthorised entities or ETPs By fortuneindia.com
macro 72% of Indian consumers of packaged spices worried; lack confidence in FSSAI In a recent survey, 72% of participants voiced concerns about the quality and safety of spices they use By fortuneindia.com
macro Credit card spends rise 27% to ₹18.26 lakh crore in FY24: RBI In March 2024 alone, credit card expenditures surged by approximately 10% to ₹1.64 lakh crore from ₹1.49 lakh crore in February By fortuneindia.com
macro TDS relief: Deductors not defaulters for short deduction in inoperative PAN cases The tax department has given this relief for transactions done till March 24, provided the PAN of the deductee is linked to Aadhar and becomes operative by May 31, 2024. By Ashutosh Kumar
macro Row over Sam Pitroda’s ‘inheritance tax’ remarks Senior Congress leader says India does not have 'inheritance tax' like in US, and that if somebody is worth "10 billion" and he dies, his children get entire wealth while public gets nothing By fortuneindia.com
macro Jio surpasses China Mobile as world’s top data traffic operator Jio's 5G user base, now at a staggering 108 million, ranks second globally, with these users contributing over a quarter of its wireless data traffic. By fortuneindia.com
macro Milk production in India may reach 300 million tonnes by 2030 The estimated size of Indian dairy market was about ₹13 lakh crore in 2021 and is expected to reach about ₹31 lakh crore by 2027 By Rajiv Ranjan Singh
