Industry Sectors

A large number of bankers want the government to address agriculture distress as a top priority by undertaking reforms in the sector and strengthening the agricultural value chain.

Microsoft Corp and Reliance Jio Infocomm Limited (Jio) are embarking on a unique, comprehensive, long-term strategic relationship aimed at accelerating the digital transformation of the Indian economy and society.

BP is expected to pay Rs.7,000 crore for a 49% stake in Reliance Industries Limited’s (RIL) petrol-retail business, forming a third joint venture since 2011.

Saudi Aramco is making India’s largest foreign investment of US$15 billion by taking a 20% stake in Reliance Industries Limited’s (RIL) Oil to Chemicals (O2C) division comprising the Refining, Petrochemicals and fuels marketing businesses.

Finance Minister Nirmala Sitharaman has discussed stalled projects and liquidity issues with real estate executives on 12 Aug 2019 in New Delhi, taking in a suggestion of a stressed fund, at least of Rs.10,000 crore, for rescuing incomplete projects.

India needs a technological breakthrough to make crop insurance scheme a success across the country, said Dr Ashish Kumar Bhutani, CEO, Pradhan Mantri Fasal Bima Yojana (PMFBY) and Joint Secretary (Credit) at Ministry of Agriculture and Farmers' Welfare.

The strong will and action of the Government to scrap Article 370 has paved a new era of growth both for the people of Jammu & Kashmir and Ladakh regions, said FIEO President Sharad Kumar Saraf.

Indian startups are pursuing key areas in sensors, electronics, and electronic manufacturing sectors, according to a ResearchAndMarkets report.

The Indian residential water purifier market is projected to grow at a CAGR of 13.3% and reach US$818 million by 2024.

The Indian face matching and authentication software market is projected to grow to US$4,336 million by 2024, exhibiting a CAGR of 35.9%. It was US$700.6 million in 2018.