India Cellular and Electronics Association (ICEA) last month said that mobile phone exports in India surpassed ₹90,000 crore in FY23 from ₹45,000 crore in FY22, mainly driven by the PLI scheme.
Ex-RBI governor thinks inflation situation is different in India. There are elements of supply chain issues and commodity price rises but the imbalance is due to higher spending by upper-middle-class.
Former RBI governor says the central bank will have to raise rates at some point, like the rest of the world is doing, hinting toward expectations of a further rise in the U.S. interest rates.
AGB Shipyard’s loan defaults were known since 2013 and continued to be ignored till 2016. Its frauds were found out in 2019 and yet not much happened until it exploded in February 2022.