recent report by the Bain & Company in collaboration with Indianpharmaceutical bodies said exports of India’s pharmaceutical industry are projected to reach $350 billion by 2047.
The top gainers from the pack were Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Bajaj Finance.
Median inflation expectation for the three months horizon increased by 20 bps to 9.3%. It inched up by 10 bps to 10.2% for one year ahead.
According to the data, Foreign Portfolio Investors (FPIs) offloaded shares worth Rs 7,342 crore from Indian equities so far this month (till February 7).
Tatas have returned to Bengal with their steel plant in the temple town of Bankura that's set to gear up commercial production, by the end of 2025-26 financial year.
India's largest power producer NTPC recorded an output of 203.5 BU from April to September 2022 period, registering an increase of 15.1 per cent when compared with 176.8 BU recorded in the corresponding period of the last year, as per data released by the Ministry of Power.
The public cloud services market in the Asia-Pacific region is likely to reach $165.2 Billion in 2026, according to an IDC report. The firm expects the Asia/Pacific public cloud market to grow at higher year-over-year (YoY) rate at 31.4 per cent this year, in comparison to 30 per cent in 2021, as cloud migration continues to accelerate.
Maruti Suzuki India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last month, up from 86,380 units sold in September 2021.
The prices of wheat and atta have gone up considerably in the last few months and as per traders in wholesale markets in the national capital, wheat rates have seen a spike crossing a record Rs 2,560 per quintal due to slower supplies and robust demand.
The gross revenue from goods and services tax (GST) collected in the month of September 2022 is Rs 1,47,686 crore , according to the data released by the Union Ministry of Finance on Saturday. CGST is Rs 25,271 crore, SGST is Rs 31,813 crore, IGST is Rs 80,464 crore (including Rs 41,215 crore collected on import of goods) and Cess is Rs 10,137 crore (including Rs 856 crore collected on import of goods).
