India’s data centre (DC) industry is poised for significant growth over the next few years. According to ICRA, a prominent rating agency, the country’s data centre operational capacity is expected to surge from 1,150 megawatts (MW) in December 2024 to an impressive 2,000-2,100 MW by March 2027. This remarkable growth is being driven by the …
India’s coal imports fell by 8.4% to 183.42 million tonnes (MT) during the April-December 2024 period, as increased domestic production helped meet rising demand. This reduction in imports resulted in foreign exchange savings of approximately ₹42,315 crore ($5.43 billion), according to a statement from the Ministry of Coal. In comparison, coal imports stood at 200.19 …
The landscape of India’s venture capital funding witnessed a strong resurgence in 2024. In defiance of global trends, the country received US$13.7 billion. This was a growth of 1.4x from US$9.6 billion in 2023. While megadeals worth over US$100 million witnessed a small decline in average size, India saw the emergence of 5 new unicorns …
The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), which has become the world’s largest domestic rooftop solar initiative, has achieved an impressive milestone with the installation of over 10.09 lakh rooftop solar systems across India as of March 10, 2025. Launched by Prime Minister Shri Narendra Modi on February 13, 2024, this visionary program aims …
On March 11, 2025, the Telecom Regulatory Authority of India (TRAI) published the subscriber statistics as of December 31, 2024. The data reveals a slight growth in India’s total telephone subscriber base, reaching 1,189.92 million by the end of December 2024 as compared to 1,187.15 million in November 2024. During the period, Jio marked its …
Tax evasion has been a persistent challenge for the government, with fraudulent activities leading to significant revenue losses. In the ongoing fiscal year (April 2024–January 2025), Central GST (CGST) officers detected tax evasion amounting to a staggering ₹1.95 lakh crore across 25,397 cases. This was revealed in Parliament, highlighting the scale of the issue and …
New Delhi, Mar 11 (PTI) India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and …
In a transformative move to support unorganised workers across India, the Ministry of Labour and Employment launched the e-Shram portal on August 26, 2021. This platform aimed to create a comprehensive National Database of Unorganised Workers (NDUW), seamlessly linked with Aadhaar, to facilitate easy registration for the country’s vast unorganised workforce. As of March 3, …
MUMBAI, India, March 11, 2025 /PRNewswire/ — ASSOCHAM along with Dun & Bradstreet, a leading global provider of business decisioning data and analytics, has released its Small Business Confidence Index for Q1 2025 which tracks the optimism of small and medium enterprises in India. The first quarter of the calendar year 2025 has begun on …
New Delhi, Mar 11 (PTI) MSME-focused fintech Progcap on Tuesday said it has launched a programme to offer collateral-free loans of up to Rs 10 lakh to women-led small and medium enterprises in the next three years.The fintech, which is backed by Peak XV (previously Sequoia Capital India), Google and Tiger Capital, among others, seeks …
