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Showing posts with the label Sustainability

India's Economic Resilience and Rigid Plastics Industry Take Global Centre Stage

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India Maintains Strong Growth Amid Global Headwinds India’s economy has once again defied global slowdowns and inflationary pressures. According to the CareEdge Economic Pathways Report , India’s real GDP grew by 7.4% in Q4 FY25 , pushing the overall annual growth to 6.5% , beating analyst expectations. Though slightly moderated from the 8.4% average of the past two years, this growth solidifies India’s place among the fastest-growing major economies. Key growth drivers: Construction sector surged 10.8% in Q4. Manufacturing and private investments improved , though consumption slightly slowed. Rural demand stayed robust due to rising wages, despite mixed urban demand. Retail inflation cooled to 3.2% in April 2025, the lowest since August 2019, with food inflation easing due to strong Rabi harvests and water reserves. However, concerns remain over falling household savings , which declined for a third straight year to 18.1% of GDP , with financial liabilities risin...

SMFG India Credit Wins Golden Peacock Award for Corporate Social Responsibility 2024

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SMFG India Credit Wins Golden Peacock Award for Corporate Social Responsibility 2024 SMFG India Credit has been honored with the prestigious Golden Peacock Award for Corporate Social Responsibility (CSR) 2024 . This award recognizes organizations that have successfully integrated social and environmental concerns into their business strategy while achieving economic goals. The award was received by Swaminathan Subramanian, Chief Operating Officer , along with the CSR team at SMFG India Credit , for their outstanding contributions to community development . SMFG India Credit’s Commitment to CSR Over the past three years, SMFG India Credit has rolled out several impactful CSR initiatives aimed at empowering communities and promoting sustainability . These include: 🌱 Financial Literacy Programs – Educating underserved communities on financial planning and credit access . 📚 Skill Development Training – Equipping youth with vocational skills for employment. 🏥 Primary Health...

Economic Growth and AI Drive a Dynamic Labour Market in the UAE

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Economic Growth and AI Drive a Dynamic Labour Market  in the UAE The UAE's labour market has emerged as a leading global destination for professionals, thanks to a thriving economy and a forward-thinking approach to development. Supported by a pro-investment environment, the UAE continues to attract skilled professionals across diverse sectors, cementing its reputation as an international hub for talent. UAE: A Magnet for Global Talent The UAE's competitive advantages , such as advanced infrastructure, digital transformation strategies, and a focus on sustainability, have positioned it among the top markets for global talent.           1.  Global Rankings : In 2024, Deel , an HR management firm, identified the UAE as the top global destination for work visas . CEOWORLD Magazine ranked the UAE 1st regionally and 5th globally for digital nomads. InterNations placed the UAE 4th globally as the best country for expatriates to live and work...