In 2024, the upcoming festival of Diwali, celebrated by the Indian diaspora around the world, is expected to see a total domestic spending of INR 1.8 trillion (USD 21.18 billion) by urban Indians alone. The size of the whole Diwali market in India is about 2.5 times that figure.
Tag: Business
Digital payment transactions in India more than doubles since 2021, according to RBI economist
Digital payment transactions in India more than doubles since 2021.
Worldchefs Congress & Expo 2024 opens in “food paradise” Singapore; new addition is Global Vegan Chefs Challenge
As an extension of Worldchefs Congress (October 20-22, 9am to 5pm), the island nation is also hosting the Global Chefs Challenge culinary competition (October 22-25). India is one of the participating countries.
Rajasthan economy can grow even faster than India, says Col Rajyavardhan Rathore at Singapore investor meet
In the run-up to this investor meet in Singapore, Memoranda of Understanding (MoUs) worth about INR 12.5 trillion (about USD 148.9 billion/ SGD 195 billion) were signed between Rajasthan and companies within and outside India.
When 4 equals 5: Singapore gives its verdict on a shorter work week in Asia-wide survey
The enthusiasm level for a four-day work week is very high among Singapore employees, of whom 93 per cent of the surveyed respondents have embraced the idea.
Meta CEO Mark Zuckerberg is now the fourth-richest man in the world, enters the elite $200 billion club
Meta CEO Mark Zuckerberg is now the fourth-richest man in the world
India tops IPO listing race in 2024: Reports
Both the SME and mainboard IPO segments have contributed to this success, supported by strong demand from local retail investors and institutions, reveals GlobalData, a leading data and analytics company.
We are not dating: Elon Musk clarifies after X users speculate he is dating Giorgia Meloni over viral image
Italian PM Giorgia Meloni meeting Elon Musk
Temasek marks 50th anniversary by setting aside SGD 100 million in Concessional Capital for Climate Action
Temasek said in a media release: “The battle for net zero will be won or lost in Asia, which hosts more than half of the world’s population and contributes more than half of global carbon emissions. Yet the region faces unique structural constraints and challenges that hinder the pace of progress.”
India’s Commerce Minister Piyush Goyal discusses start-ups, infrastructure with industry leaders in Singapore
Goyal met Shailendra Singh and Rohit Agarwal of leading venture capital and growth investment firm Peak XV Partners, which was formerly known as Sequoia Capital India & SEA.
