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«We are targeting $300 billion in production and around $100 billion in exports in the next few years. The ecosystem which is developing is giving us a lot of confidence because now the component manufacturers have started shifting to our country,” Information and Technology Minister Ashwini Vaishnaw said at the ET Now Global Business Summit 2024 a few days ago.. With a huge 22% boost in electronic exports in FY24 which breached the $20 billion mark, the IT Minister believes the target of achieving $100 billion exports in the coming few years is a visible thing. Electronics exports were at $7.6 billion in 2013-14 and $22.7 billion in 2022-23, as per the White Paper issued by the government.

Revenue from operations during the third quarter fell 3% year-on-year (YoY) to Rs 2,045 crore.

Swaminathan Committee report. Be it in Maharashtra, Madhya Pradesh, Punjab or Tamil Nadu, farmers from various states over the years have sough the implementation of the MS Swaminathan Commission's recommendations in toto. The capital city, choc-a-bloc with protesting farmers demanding MSP guarantee law, Swaminathan Committee report, Electricity amendment bill and debt waiver.

GoKwik, has reported that the direct to consumer (D2C) brands on its network witnessed 12.72% increase in sales during the Republic Day sale week compared to the week prior. The GMV or Gross Merchandise Volume also saw a nominal rise of 10%. The growth in the first quarter of FY 2024 has been muted after a great performance in the last quarter of 2023, despite Republic Day, which is usually a marquee sales event at the start of the year to give the necessary boost to brands. “With shoppers going all out in the long festive season sale period in 2023, followed by the Black Friday sale that has increasingly grown popular amongst Indians, a modest surge in the Republic Day sale period could be a natural resting period in the first month of 2024. Moreover, with macro headwinds such as high-interest rates, layoffs, etc, shoppers might have been more conservative in their spending this time around. However, this seems to be a temporary trend and the consumption is likely to pick up with D2C’s favourite Valentine’s Day sale period coming up,” said Chirag Taneja, Co-Founder and CEO, GoKwik.

Wipro, India’s fourth largest information technology (IT) services firm, on Tuesday said it will acquire US-based insurtech firm Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing.

Biogen (NASDAQ:BIIB) shares are down more than 5% premarket Tuesday after the company reported earnings for its latest quarter, missing the consensus profit and revenue estimate.

Today marks the release of the most crucial event of the week – the US inflation data report.

It was a mixed day of trading as rising implied volatility appeared to finally reach a level that was determinantal for stocks to continue to push higher.

Investing.com — U.S. stock futures were marginally lower as investors took a cautious stance ahead of the publication of the January inflation data.

Investing.com -- U.S. stock futures pointed to a lower open on Wall Street as investors await a much-anticipated January reading of U.S. inflation later Tuesday that could factor into how the Federal Reserve approaches future interest rate decisions. Elsewhere, Coca-Cola and Shopify are set to unveil their latest quarterly results, while the price of Bitcoin crests $50,000.

By Amina Niasse

The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond.

US equity futures slumped before the release of keenly awaited inflation data that could set the stage for the timing of the Federal Reserve move to interest-rate cuts. Treasuries and the dollar were steady.

With the 2024 Budget announcement on the horizon, Singapore’s web3 community is voicing a critical need for government support.

NHPC shares witnesses an impressive 8.4 percent surge following the company's declaration of an interim dividend of ₹1.4 per share for the fiscal year 2023-24, on Tuesday's trading session. Despite facing challenges in the third quarter, analysts maintain a positive outlook on the stock, largely due to its attractive 2.5 percent dividend yield.

BSE PSU index are trading between 10% and 37% lower from their 52-week highs. Leading this trend is SJVN, which has witnessed a significant decline over the last two trading sessions, tumbling by 24%. From its 52-week high of ₹170.50, the stock has corrected by 37%, currently trading at ₹108.15 apiece.

₹75,000 crores. “To further sustainable development and people’s well-being, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs.

Cipla as his ‘Valentine's Day 2024 Pick’. Bagadia has recommended a ‘Buy’ on the pharma stock at ₹1,450 and up to ₹1,415 for a target price of ₹1,600 to ₹1,660. According to the expert, Cipla is currently trading at ₹1,450, moving within the range of ₹1,420 to ₹1,450 and showing signs of readiness for a breakout.

HSN codes for certain rice varieties to enable exports of those which are traditionally not consumed by the people in the country, a senior official said on Tuesday. At present, all categories of non-basmati white rice are banned for exports. According to a presentation of the Agricultural & Processed Food Products Export Development Authority (APEDA), they are working on separate HSN codes for GI (Geographical Indications) rice varieties like Red rice, Black rice and Kalanamak rice. In international trade parlance, every product is categorised under an HSN code (Harmonised System of Nomenclature). It helps in the systematic classification of goods across the globe.

National Commission for Scheduled Castes has taken suo motu cognisance of incidents in West Bengal's restive Sandeshkhali area and asked the administration to submit an action taken report within three days. In a letter addressed to the West Bengal chief secretary, director general and inspector general of police and the district magistrate of North 24 Parganas, the panel referred to a news report on the situation in Sandeshkhali over the last few days. «The Commission has decided to investigate/inquire into the matter in pursuance of the powers conferred upon it under Article 338 of the Constitution of India,» the Commission said in a letter made public on Tuesday.

Maharashtra, Karnataka, Gujarat, West Bengal and New Delhi — witnessed an average growth of around 27-30% in AAUM (average assets under management) in January 2024 on a year-on-year basis, according to a report by ICRA Analytics. In terms of contribution, these 4 states and Union Territory accounted for nearly 68.46% of the total AAUM of Rs 52.89 lakh crore in January 2024, marginally down from a contribution of 69.43% in January 2023, stated the report. The average asset under management of Maharashtra stood at Rs 21.69 lakh crore in January witnessing year-on-year growth of 27% from Rs 17.13 lakh crore in January 2023.