India Eyes $2 Trillion in Exports by 2030 Amidst Policy Revisions
NEW DELHI: The Director General of Foreign Trade (DGFT) indicated on Friday that export projections for the current fiscal year are still being finalized. This comes amidst ongoing efforts to ease business operations and realize the ambitious target of $2 trillion in exports by 2030. In FY’24, total exports recorded a slight gain, reaching USD […]
Amul Eyes US Expansion with Diverse Dairy Product Range
MUMBAI: Amul, marketed by the Gujarat Cooperative Milk Marketing Federation, is preparing for a significant expansion in the US market. Following the launch of fresh milk in collaboration with the Michigan Milk Producers Association, the federation is now looking to introduce a variety of other dairy products. ‘Fresh products have a good demand in the […]
Stanley Lifestyles Raises Rs 161 Crore Ahead of IPO
NEW DELHI: Luxury furniture brand Stanley Lifestyles announced on Thursday that it successfully garnered over Rs 161 crore from anchor investors, just a day before its initial share-sale. The allocated shareholders include prestigious names like SBI Mutual Fund, HDFC Mutual Fund, and Max Life Insurance Company, among others, according to a circular on BSE’s website. […]
India Permits Rice Exports to Africa Amid Domestic Ban
NEW DELHI: In a strategic move to support global food security, the Indian government has authorized the export of 2,000 tonnes of non-basmati white rice to Malawi and Zimbabwe. The Directorate General of Foreign Trade (DGFT) confirmed this in a recent notification. Although India banned non-basmati white rice exports in July 2023 to stabilize domestic […]
Indian Tech Startups Surge Ahead with $4.1 Billion in Funding for H1 2024
NEW DELHI: Indian tech startups have secured an impressive total of $4.1 billion in funding during the first half of 2024, reflecting a 4% increase from the latter half of 2023, according to Tracxn’s latest report. Although this figure represents a notable decline from the $4.8 billion raised in H1 2023, India continues to hold […]
Real Estate Debt Financing in India: Unveiling a Rs 14 Lakh Crore Opportunity
NEW DELHI: The real estate sector in India has seen a significant debt sanctioning of Rs 9.63 lakh crore during the 2018-23 period, paving the way for further debt financing opportunities amounting to Rs 14 lakh crore over the next three years, as revealed by a joint report from JLL India and Propstack. In the […]
Central Park launches Bignonia Towers
NEW DELHI: Bignonia Towers is the first-ever ultra-luxury high-rise residential project in Sohna and has been launched by Central Park, a leading Gurugram-based real estate developer owned by The Bakshi Group of Enterprises, a legacy name across real estate, infrastructure, hospitality, and automotive industries. This iconic project is strategically located in the heart of Central […]