Topic
growth
Logistics Dali casualty exposes erosion of technical ownership in shipmanagement, warns veteran Kapoor
Industry veteran Sunil Kapoor, writing for Splash247, warns that the Dali bridge collision is a symptom of systemic failures in third-party shipmanagement as the focus shifts from technical expertise to fleet growth and profitability. The modern superintendent has become a node in an information chain, reducing the priority of vessel condition and repair.
Business G Square revives industrial plot business, targets ₹2,000-crore sales this fiscal
G Square Group is reviving its industrial plot development business after a five-year hiatus, targeting ₹2,000 crore in sales this fiscal. The company also plans ₹5,000 crore in residential plot sales and has launched a new project in Gummudipoondi.
Business India Does Not Use Methodology Changes to Inflate Growth Numbers, CEA Nageswaran Defends GDP Data
Chief Economic Adviser V Anantha Nageswaran has defended India's GDP data, stating that the country does not use methodology or base-year changes to artificially inflate economic growth figures. In an ANI interview, he said GDP is an estimate, and India actually lowered its GDP figure after a recent rebasing exercise, contrary to many other nations. He also noted that international institutions like the IMF have only questioned methodology, not reliability, and that criticism often stems from unmet expectations.
Business World Bank Cuts Global Growth Forecast to 2.5% for 2026; India Retains Fastest-Growing Major Economy at 6.6%
The World Bank projects global growth of 2.5% in 2026, down from 2.9% in 2025, citing the Middle East conflict and rising energy prices. India's GDP is forecast to grow 6.6% in fiscal year 2026-27, making it the world's fastest-growing major economy, though higher energy costs and fiscal pressures pose risks.
Business Kochi emerges as top tier-II real estate hub with strong growth: Cushman & Wakefield report
Kochi has strengthened its position as a top Tier-II office market in India, driven by 9.7 million square feet of Grade-A stock, robust leasing activity from flexible workspace operators and GCCs, and low mall vacancy of 4.5%. Residential prices rose 10-13% annually. The growth is supported by the metro network, connectivity, and quality of life.
E-Commerce & Marketplaces Amazon Plans $35 Billion Additional India Investment by 2030, Calls It Most Aggressive Expansion Phase
Amazon India is ramping up its presence with a $35 billion fresh investment pledge by 2030, on top of $40 billion already invested. The company's country manager Samir Kumar described this as the most aggressive expansion phase in India yet, spanning ecommerce, quick commerce (Amazon Now), AI, and exports enablement.
Technology Quick-commerce FirstClub doubles valuation to $255M in 9 months on quality-first grocery bet
FirstClub, an Indian quick-commerce startup focused on curated quality groceries, raised $55M in Series B funding co-led by Peak XV Partners and Sofina, doubling its valuation to $255M in nine months. The company plans to expand beyond Bengaluru and into new categories.
Business India's $843 Billion FDI Surge: A Decade of Growth
India attracted $843 billion in FDI between 2014-15 and 2025-26, marking a 169% increase over the previous period. Key initiatives like Make in India and the Production Linked Incentive Scheme have driven manufacturing growth, with significant contributions from the automatic route.
Trade India's edible oil imports rise 6.7% in May on higher soyabean oil
India's edible oil imports increased 6.7% year-on-year to nearly 13.39 lakh tonnes in May 2026, driven by higher shipments of crude soyabean oil, according to the Solvent Extractors' Association of India (SEA). The government raised tariff values on crude palm oil effective June 1, while the share of refined oils in total imports fell sharply.
Business Strong Consumption Drives Steady Growth Amid Iran Conflict Costs
India's economy maintains steady growth driven by strong domestic consumption, despite challenges from the West Asia conflict. The government is focusing on attracting foreign investment and asset sales to boost revenue.
Trade India's Export Growth Driven by Policy Reforms and Initiatives
India's exports are on the rise, driven by government policy reforms and initiatives. Senior Economic Adviser Agrim Kaushal highlights the '5F vision' and various schemes aimed at strengthening the textiles and apparel sector.
Trade China's Exports Surge 19.4% in May on Tech and EV Demand
China's exports increased by 19.4% in May, fueled by strong demand for semiconductors and electric vehicles. Exports to the US surged over 35%, marking significant growth.
Technology AI's Impact on Astronomy: A Double-Edged Sword
AI systems are increasingly integrated into astronomy research, raising concerns about the future of human reasoning and traditional skills in the field. While AI aids in data analysis and problem-solving, it also threatens to diminish essential scientific skills.
Business Zepto's IPO Filing: Growth, Losses, and Valuation Uncertainty
Zepto, an Indian quick-commerce startup, has filed for an IPO potentially valuing it at $1 billion. The filing highlights significant revenue growth but also increased losses, raising questions about its valuation. The IPO will test investor confidence in Zepto's business model amid intense market competition.
Technology Intuned: Automating Web Interactions with AI
Intuned offers AI-driven automation for web interactions, reducing manual coding efforts and increasing efficiency. By utilizing technologies like Playwright and AI libraries, Intuned provides scalable solutions for data extraction and browser automation.
Business India's Economic Growth to Lead the World for Two Decades: Goyal
India is poised to remain the world's fastest-growing economy for the next two decades, according to Piyush Goyal. The country's strategic trade agreements and manufacturing capabilities are key drivers of this growth.
Trade India's Seafood Exports Overcome Tariff Hurdles
India's seafood industry has rebounded from US tariffs, achieving record exports of $8.46 billion in FY26. Diversification into markets like the EU and China has driven this growth.
Commodities Assam's Tea Output Surge Boosts India's April Production by 5%
India's tea production increased by 5% in April 2026, reaching 104.28 million kg, primarily due to a significant output rebound in Assam. Favorable weather conditions contributed to a 36% increase in Assam's production, while other regions like West Bengal and South India saw declines.
Logistics Trucking Boosts Rail Freight Growth Amid Capacity Squeeze
The U.S. rail freight sector is experiencing significant growth, driven by shifts in the trucking market. Intermodal volumes have surged as shippers seek alternatives amid trucking capacity constraints.
Business India's GDP Growth Hits 7.7% in FY26, Modi Credits Reforms
India's GDP growth reached 7.7% in FY26, reflecting economic resilience and successful reforms. Prime Minister Narendra Modi attributes this growth to the hard work of 140 crore Indians and ongoing economic reforms.
Commodities India's Oil Demand Growth Hits Pandemic Low Amid Middle East Conflict
India's oil demand growth is projected to hit its lowest level since the pandemic due to the Middle East conflict. The surge in energy prices and a weaker currency are pressuring the economy, with state refiners struggling to maintain competitive pricing.
Logistics Saia's Tonnage Growth Surges Amid Market Shifts
Saia's tonnage growth accelerated by 8.4% year-over-year in May, driven by increased shipment weights and a softer prior-year comparison. This growth reflects a strengthening less-than-truckload (LTL) market.
Logistics Record Growth in Transportation Pricing Index for May
The transportation pricing index recorded unprecedented growth in May, driven by capacity constraints and rising fuel costs. This surge affects freight rates and logistics operations globally.
Trade India's Coffee Exports Surge 20% in April-May
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Business GST Collection Growth Slows to 3.2%, Lowest in Six Months
India's GST collection growth decelerated to 3.2% in May, marking the slowest pace in six months. The total collection stood at Rs 1,94,184 crore, with domestic revenue declining by 2.6%. Adjusted for a one-time telecom payment, the growth would have been 9%.
E-Commerce & Marketplaces UPI Transactions Surge to 30L Cr, Marking 19% Growth
Unified Payments Interface (UPI) transactions in India have surged to 30 lakh crore, marking a 19% year-on-year growth. This increase highlights the expanding role of digital payments in the Indian economy.
Trade India's Growth Amid Middle East Conflict: Key Lessons
India's growth trajectory faces challenges from the Middle East conflict. Key lessons include strategic trade adjustments and economic resilience to maintain growth.
Business India's GST Revenue Climbs 3.2% to Rs 1.94 Lakh Crore in May
India's gross GST collections rose by 3.2% year-on-year to over Rs 1.94 lakh crore in May, driven primarily by a 19.1% increase in import revenues. Despite a decline from April's record collections, the growth underscores the significant role of imports in the country's tax revenue.
Business India's Manufacturing PMI Hits 3-Month High Amid Strong Demand
India's manufacturing sector expanded at its fastest pace in three months in May, with the PMI rising to 55.0. The growth was driven by robust domestic demand and infrastructure projects, despite ongoing geopolitical tensions in the Middle East.
Business RBI MPC to Adjust Inflation and Growth Forecasts Amid Rupee Slide
The Reserve Bank of India's Monetary Policy Committee is expected to adjust its inflation and growth forecasts in response to ongoing geopolitical tensions and a depreciating rupee. The central bank may raise its inflation forecast to 5% and lower GDP growth to 6.5%.
Business Productivity: The Key to Dairy Sector's Growth Surge
India's dairy sector faces a challenge as demand outpaces supply, despite being the world's largest milk producer. Enhancing productivity through better nutrition and genetics is essential to meet growing consumption needs.