Over $447 million in funding raised by 22 Indian startups last week
The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country.
The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country.
For the survey, as many as 79 per cent respondents reported a higher production level in Q2 FY24 compared to the year-ago period.
The revenue for Q2 came at Rs 59,692 crore, an increase of 7.9% year-on-year. In constant currency terms, the revenue growth was 2.8% YoY.
Union Minister of Commerce and Industry Piyush Goyal on Friday said that leveling up is needed in the country’s engineering…
"Higher per capita incomes will also likely boost discretionary spending in areas such as entertainment, communications, restaurants and hotels," said the report.
India’s export of final consumer food products mainly Ready to Eat (RTE), Ready to Cook (RTC), and Ready to Serve (RTS) have been on the rise for the past decade, claimed a senior officer of the Commerce Ministry.
In the month of December 2021, exports of Marine Products touched USD 720.51 Million, registering a growth of 28.01% over USD 562.85 Million logged in December 2020, said a senior officer of the Commerce Ministry.
The textile sector has continuously maintained a trade surplus with exports manifold higher than imports. In FY 2020-21 there was a deceleration in textile exports due to pandemic disrupting the supply chain and demand.
Talking about the realty sector, Manoj Gaur, CMD, Gaurs Group and Vice President - North, CREDAI National said real estate demand has shifted dramatically; the previously investor-driven real estate sector is evolving towards an end-user market.
The urban unemployment rate in September was 4.9 per cent. However, that for those aged 16 to 24 remained far higher, at 14.6 per cent.
