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BI India Bureau
28 Apr 2024, 14:14

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030

India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digital economy and expanding internet user base. Factors such as rising internet penetration, affordability of data prices, and increasing smartphone users contribute to the significant growth. Government initiatives like the National Logistics Policy, ONDC, and digital infrastructure improvements further enhance the e-commerce landscape in India.

A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
28 Apr 2024, 13:17

A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit

Tesla CEO Elon Musk has headed to China on Sunday on a surprise visit to the nation, which also is the second biggest market of the electric vehicle giant, Reuters reported citing two people with knowledge of the matter. Musk's visit to China comes a week after his visit to India was postponed due to 'Tesla obligations.' He was scheduled to meet with Prime Minister Narendra Modi and announce plans to enter the Indian market.

SBI Life Q4 profit rises 4% to ₹811 crore
26 Apr 2024, 17:40

SBI Life Q4 profit rises 4% to ₹811 crore

SBI Life Insurance on Friday reported 4 per cent rise in net profit at Rs 811 crore for the fourth quarter ended March 2024 as value of new business ...