macro India 4th largest military spender in 2023 at $83.6 bn: Sipri The top three spenders were the United States (US), China, and Russia, in that sequence By fortuneindia.com
macro India overtook China as the biggest 3W EV market in 2023: IEA IEA Outlook, published today, finds that global electric car sales are set to remain robust in 2024, reaching around 17 mn by 2024-end By Manoj Sharma
macro More than half of internet users battle speed issues: LocalCircles In India, 86% users of fixed line internet connections primarily access the internet at home through fibre, broadband or DSL By Shabeeh Azeem
macro April private sector growth fastest in 14 yrs on demand boost: PMI The PMI rose to 62.2 in April as against 61.8 in March, thus indicating the fastest rate of increase in aggregate business activity since mid-2010. By fortuneindia.com
macro 95% Indian travellers embrace sustainable tourism: Booking The report disclosed that nearly two-thirds (62%) of Indian travellers admitted they would feel guilty if their travel choices were less sustainable. By Shabeeh Azeem
macro Plain gold jewellery exports grow 62% to $6,792 mn in FY24: GJEPC Overall, exports of total gold jewellery (both plain and studded) for the fiscal year 2023-24 saw a growth of 16.75%. By Shabeeh Azeem
macro Civil society groups seek more time to study Draft Digital Competition Bill, 2024 Organisations say the current deadline is insufficient to make a nuanced and informed submission, considering the technical complexity of the subject matter By Joe Mathew
macro Lok Sabha polls Phase 2: Cong leader from K'taka richest; here's top 10 list Actor Hemamalini of BJP, fighting from Mathura in UP, has declared total assets worth ₹278 cr; she is the third richest candidate in phase 2 of the 2024 LS polls By Manoj Sharma
macro 51% of top 100 companies start voluntary carbon emissions disclosures The survey reveals that 44% of the top 100 listed companies conducted life-cycle assessments of their products or services By fortuneindia.com
macro India's net direct tax kitty surges 17.7% to ₹19.58 lakh cr in FY24, exceeds revised estimates The boost in net tax collections during the final fortnight of the fiscal year was driven by personal income tax (PIT) and securities transaction tax (STT) collections. By Shabeeh Azeem