This would drive premiumisation of consumption and growth in commercial real estate," Neelkanth Mishra, chief economist, Axis Bank and Head of Global Research,Axis Capital, wrote in a report.
The software and business services exports saw a 17.7% CAGR (compounded annual growth rate) over FY20-23, twice that seen in FY17-20. This was supported by a significant growth in business services to the tune of 20.5% cagr, outperforming IT software exports which grew at a CAGR of 16.4%.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
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Nestle adds sugar to infant milk and cereal, finds report
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India-made Daimler's electric mini truck to hit the road soon
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Samsung eyes ₹10,000 cr from India TV biz this year
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Microsoft AI Copilot speed boost for coding
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US, China debt pose risks for global public finances: IMF
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Language models in consumer tech
This move is designed to ensure better user experience & privacy
'Data centres' energy use doubles every four years'
Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.
Vi FPO: Foreign players invest big; about ₹5,400 crore raised
GQG, Fidelity buy almost 40% of the anchor investor portion
