Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, announced on December 21, 2024, that employment in India surged 36% to 64.33 crore in 2023-24, up from 47.15 ...
India's Production-Linked Incentive (PLI) schemes are set to generate Rs. 39,35,007 crore (US$ 459 billion) in revenue, benefiting over 720 companies across sectors like energy transition, automobiles ...
The US Mission in India issued over one million non-immigrant visas in 2024, reflecting growing Indian interest in travel, education, and professional opportunities in the US, alongside significant ...
UPI transactions hit a record high with a 46% YoY volume growth, driving significant increases in value and daily transaction volumes across various digital payment systems in India.
The Tobacco Board's strategic initiatives have significantly boosted India's tobacco industry, doubling farmer incomes, driving record exports, and ensuring sustainability through effective crop ...
India's luxury car market has witnessed a significant surge, with sales of vehicles priced above Rs. 50 lakh (US$ 58,497), rising from two every hour five years ago to six in 2023.
India's textiles and apparel exports, including handicrafts, rose 7% to Rs. 1,83,098 crore (US$ 21.35 billion) during April-October FY25, driven by growth in Ready-Made Garments and Cotton Textiles.
Non-life insurers in India forecast double-digit growth in 2025, driven by health and niche insurance segments, favourable regulations, and GST reforms, despite stagnant general insurance penetration.
Emerging technologies like AI, cybersecurity, and cloud computing are set to transform India's workforce, generating one million jobs and US$ 150 billion in economic impact by 2030.
India's agritech sector is transforming agriculture through technology and innovation, creating 60,000-80,000 new job opportunities over the next five years while addressing farming challenges and ...