India's quick commerce sector is projected to create 2.4 million blue-collar jobs by 2027, with an average monthly salary of ₹22,600.
Maharashtra CM Devendra Fadnavis inaugurates Solar Industries' drone manufacturing facility in Nagpur, boosting indigenous UAV production.
Andhra Pradesh announces ₹14,000-crore semiconductor plant in Orvakal Mega Industrial Hub.
India becomes third-largest auto market, targets global leadership.
India partners with the US to produce Stryker combat vehicles and sonobuoys, enhancing defense capabilities.
The National Restaurant Association of India (NRAI) has raised allegations against food delivery giants Swiggy and Zomato, accusing them of abusing their dominant market positions. The complaints focus on the platforms’ promotion of their private label food brands at the expense of other restaurants listed on their apps. Allegations of Unfair Practices The NRAI claims […]
The government has clarified that a technical error in data transmission led to the recent inflation in reported gold and silver import figures. The anomaly, which drew significant attention in economic and trade circles, has now been identified and rectified to ensure accurate reporting. Correcting the Discrepancy In an official statement, the government explained that
India’s mobile phone manufacturing sector is experiencing significant underutilization, with nearly half of its production capacity lying idle. This development comes despite substantial investments made under the government’s Production-Linked Incentive (PLI) scheme, aimed at boosting domestic manufacturing. Current Manufacturing Capacity and Production Levels
ITC Ltd, India’s leading cigarette manufacturer, has raised concerns over the rampant smuggling of misbranded Indian cigarettes into the country. In a letter to the Union Finance Ministry, the company highlighted that this illicit trade results in an estimated annual tax revenue loss of ₹21,000 crore and may be financing organized crime networks. Smuggling Routes
The gold import data for November has been revised, shedding new light on India’s trade patterns and the underlying economic factors influencing them. The updated figures highlight key trends in gold demand, trade balances, and the impact of regulatory measures on the precious metal market. Gold Imports Witness Adjustments The revised data reveals a notable […]
