India's OTT entertainment industry to reach $15 billion by 2030
Kolkata/IBNS: India's Over the Top (OTT) Entertainment Industry is burgeoning into a multi-billion-dollar industry, cannibalizing into the established bastion of traditional television, radio and cinema auditorium forms of media and entertainment, experts have opined.
India retail inflation touches 6.26 percent in June
New Delhi: India's retail inflation eased marginally to 6.26 per cent in the month of June, reveals government data released on Monday.
Essar Shipping’s Tvisha & Tuhina boosts Indo-Bangladesh rice trade
Kolkata: Essar Shipping Ltd, part of Essar Global Fund Ltd’s services and technology portfolio, on Monday said two of its handysize vessels Tvisha and Tuhina weighing 13,000 DWT, have been engaged in exports of rice from India to Bangladesh as per the recent bilateral trade agreement signed between the two neighbouring countries.
Pandemic Gives Boost To Broadband Industry In India
Pandemic in India has given a boost to the number of users using fixed-line broadband. During the pandemic, the professionals engaged in work from home and the children in a study from home which increased the demand for broadband connection as the mobile data has its own limitation in terms of speed and reliability. The latest report by TRAI, telecom regulator of India has indicated that the broadband connections in India grew by 2% on average every month since July 2020 every month. Before the pandemic, the broadband connection was growing only at a rate of 0.5% in a month. Till March 2021, the number of broadband connections in India was a whopping 22.8 million.
Amazon bets big on tier 2 and tier 3 Indian cities driving its growth
Kolkata/IBNS: Around 65 percent of Amazon's orders in India are placed from tier two cities driving the growth of the American e-commerce giant in the South Asian nation, said a top official.
Kotak, Metropolis join hands to offer Covid antibody test at 30 pct discount
Kolkata/IBNS: To help assess one’s antibody levels, Kotak Mahindra Bank Ltd (KMBL) on Tuesday announced an exclusive offer for its customers in a tie-up with Metropolis Healthcare Limited (Metropolis).
India's inflation touches all-time high of 12.94 percent
Mumbai: India's wholesale price index (WPI) based inflation in May hit an all-time high of 12.94 percent, revealed data released by the government on Monday.
India will remain second-fastest growing economy; expected to grow at 8.3%
The World Bank has forecast that the Indian economy would grow by 8.3 per cent during the current fiscal year, an increase of nearly 3 per cent from its January projection, but lower than the April estimate by almost 2 per cent.
India's defence exports see substantial rise, says Centre in e-booklet
New Delhi/UNI: India exported defence products worth Rs 9,116 crore in 2019-20 -- a substantial rise from Rs 1,941 in 2014-15.
Rs 1.02 lakh cr GST collected in May: Govt
New Delhi: The government on Saturday informed that a total of Rs 1,02,709 crore was collected in the form of Goods and Services Tax in the month of May, 2021.
Volkswagen India launches Polo Comfortline TSI with automatic transmission
Mumbai/UNI: Automobile major, Volkswagen Passenger Cars India on Thursday launched the new Polo Comfortline with automatic transmission in India starting at the ex-showroom price of Rs 8.51 lakh.
India GDP growth contracts 7.3 percent in FY21
New Delhi: India's gross domestic product (GDP) suffered a jolt as the growth contracted by 7.3 per cent during FY21, as per government released data on Monday.
Sensex spurts by 882.40 points during the week
Mumbai/UNI: The BSE Sensex zoomed up by 882.40 points or 1.75 pc to settle at 51,422.88 in a week under review as encouraging quarterly earnings and positive global cues boosted investors sentiment, while moderation in daily new COVID-19 cases in India also improved the risk sentiments.
ICRA projects two percent GDP growth for Q4 FY21
New Delhi/UNI: India's gross domestic product (GDP) growth rate is likely to inch up to two per cent in Q4 of the fiscal year 2020-21, investment information and credit rating agency ICRA said on Monday.
Fuel prices rise again in India
New Delhi/UNI: After remaining stable for a day, the price of petrol and diesel rose again on Sunday across all four metropolitan cities of the country. According to Indian Oil Corporation, the price of petrol rose by 17 paise and diesel by 27 paise in the national capital.