Tata Motors, a prominent automobile manufacturer, is set to invest ₹9,000 crore in constructing its inaugural plant in Tamil Nadu, as stated by the state’s industries department. This investment is anticipated to generate around 5,000 job opportunities. TRB Rajaa, Tamil Nadu’s Continue Reading
During Reliance Family Day, Chairman Mukesh Ambani highlighted the unprecedented opportunity for Reliance Industries Ltd (RIL) as India aims to become the world’s third-largest economy. Ambani expressed the company’s ambition to be among the top 10 global business conglomerates. Looking ahead to 2024, he outlined RIL’s roadmap, emphasizing a focus on Continue Reading
In an interview with Reuters, Filippo Gori, the CEO of JPMorgan’s Asia Pacific division, expressed his optimism about India’s potential to be one of the three fastest-growing markets in the Asia Pacific region in 2024. He pointed out that India, along with Australia and Japan, could lead in terms of economic expansion for JPMorgan. Gori […]Continue Reading
JPMorgan Chase & Co. is set to include Indian government bonds in its benchmark emerging-market index, a development expected to attract significant foreign investments into India’s debt market. This move reflects India’s increasing allure to global investors due to its robust economic growth, expanding geopolitical influence, and growing interest from Continue Reading
Moody’s Investors Service has reaffirmed India’s credit rating at ‘Baa3’, the lowest investment grade, and maintained a stable outlook. The agency acknowledged the potential for high economic growth in India, which is expected to surpass that of all other G20 economies for at least the next two years, driven by domestic demand. Moody’s also Continue Reading
According to Reserve Bank of India (RBI) Governor Shaktikanta Das, India’s economic growth in recent years has been primarily driven by strong domestic demand, particularly in terms of private consumption and investment. He expressed confidence that India will continue to be one of the fastest-growing major economies in 2023. Governor Das made these remarks during Continue Reading