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Latest Articles in growth forecast

As Cabs Cruise, Car Sales Would Downshift 150 Basis Points By 2030: Crisil

Such higher utilisation will reduce the demand for new cars and also stretch replacement cycles of personal cars. Indeed, as more people use aggregator cabs, it could even decongest parking spaces

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Passenger Vehicle Industry To Grow 9-10 per cent During FY18: ICRA

According to an ICRA study, the domestic PV sales will grow by a healthy 9-10 per cent during FY2018 and between 9-11 per cent at a CAGR over the next five fiscals

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100% Literacy Will Be Achieved In Next 5 Years: Prakash Javadekar

With the current literacy rate of about 80 per cent, Prakash Javadekar guaranteed that there will be no illiteracy in the country and 100 per cent literacy will be achieved in the near future

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Mahindra Truck and Bus To Invest Rs 600 Crore For Gaining Grip In ICV Segment

The periodic investments for technological advancements and portfolio ramp up is an ongoing and focused exercise for the Truck & Bus business

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Kerala Tourism Expects Sharp Increase In Arrivals This Year

International tourist arrivals stood at 10.38 lakh and domestic tourists at 1.32 crore during 2016, generating revenue of Rs 7,749.51 crore and Rs 29,658.56 crore

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Lighting & Appliances Growth Drivers For Eveready: Amritanshu Khaitan

Within this fiscal the company would finalise the understanding with McLeod Russel India as a strategic partner for the packet tea business which required special focus

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Marriott India To Have 100 Hotels By Next Year

The world's largest hotel chain which begun its operations in the country in 1997 with a project in Goa, currently has 86 hotels and 15 brands spanning 35 cities

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BPCL To Venture Into Gas Business; Allots Rs 1 Lakh Crore For Overall Expansion

BPCL under the next five-year plan has set a target of Rs one lakh crore to be spent for all its expansion activities which includes marketing, refining etc

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World's Blind Population To Triple By 2050: Study

It reveals that worldwide, there are an estimated 36 million people who are blind, with the greatest burden occurring in developing countries in Asia and Sub-Saharan Africa

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‘Global IoT Spend Likely To Grow 18%, To Reach $322 Billion In 2022’

The study points out that industrial, automotive, and energy & utilities verticals are the biggest spenders, currently contributing to over 45 per cent of the overall IoT Technology spend

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‘Passenger Traffic Growth In June 2017 Back To 20% Due To Seasonal Demand’

Moderation in capacity addition during last few months had suppressed the passenger traffic growth rate to some extent, said Indian credit ratings agency ICRA

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‘Indian Telecom Market Likely To Cross Rs 6.6 Trillion Revenue Mark 2020’

By the end of 2016 the number of internet subscribers in India was 391.50 million making India globally the 2nd highest in terms of internet users

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Apple CEO Tim Cook Says He Is Bullish About India

In response to a question on the company's thoughts about India, Cook said Apple has begun to produce the iPhone SE in India during the quarter

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Panasonic Expects Rs 225 Crore From Onam Sales, Earmarks Rs 25 Crore For Promotions

With monsoon spreading out well, the company expects Rs 225 crore sales during July to September period and targeting a growth of 30 per cent growth over corresponding period last year in Kerala

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Boeing Expects India To Order Up To 2,100 Aircraft Over 20 Years

India is one of the world's fastest-growing aviation markets with domestic passenger traffic growing at more than 20 percent a year over the last few years

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