Business Finance

Kotak Mahindra Bank Optimistic About NIM Growth

By BPN News Desk January 20, 2025

Kotak Mahindra Bank has projected an improvement in its net interest margin (NIM), underlining its confidence in a stronger financial performance in the upcoming quarters. This optimism comes as the bank continues to enhance its operational efficiencies and align with evolving market dynamics. The bank’s management highlighted its focus on maintaining a healthy balance

Finance

Foreign Investors Withdraw ₹44,396 Crore from Indian Equities in January

By Editor - News Desk January 20, 2025

In January 2025, foreign investors pulled out ₹44,396 crore from Indian equities, influenced by global economic factors and domestic market concerns.

Jobs

Indian Employers Embrace Skills-Based Hiring, Reducing Degree Requirements

By BPN News Desk January 18, 2025

Approximately 30% of Indian employers plan to adopt skills-based hiring by removing degree requirements, focusing on competencies to meet evolving industry demands.

Finance

Reliance Jio Partners with Polygon Labs to Bring Web3 to 450 Million Users

By BPN News Desk January 18, 2025

Reliance Jio collaborates with Polygon Labs to integrate Web3 services, offering decentralized internet features to its 450 million users.

Business Industry

Budget 2025 May Boost Seafood Exports with Duty Cuts

By BPN News Desk January 18, 2025

India’s seafood industry is set to receive a significant boost as Budget 2025 is expected to propose a reduction in customs duties for shrimp and fish. This move is anticipated to enhance the global competitiveness of Indian seafood exporters and strengthen their position in international markets. Focus on Supporting the Seafood Industry The seafood sector, […]

Business Industry

Rising Factory Costs Highlight Bureaucratic Challenges in India

By BPN News Desk January 18, 2025

India’s industrial landscape is grappling with escalating factory costs, driven significantly by bureaucratic inefficiencies. Despite efforts to enhance the ease of doing business, manufacturers are facing hurdles that inflate operational expenses, impacting overall competitiveness. The Impact of Bureaucratic Processes Manufacturers have flagged lengthy approval processes,

Business

Google Partners with Indian Farms for Carbon Credit Deal

By BPN News Desk January 17, 2025

In a move to bolster its sustainability efforts, Google has entered into an agreement to purchase carbon removal credits from Indian farms. This innovative initiative aligns with Google’s commitment to combating climate change and achieving net-zero emissions. Strengthening Sustainable Practices The deal, part of Google’s broader strategy to offset carbon

Finance

Govt May Introduce Concessional Corporate Tax for New Manufacturing in Budget 2025-26

By BPN News Desk January 17, 2025

The Centre plans to offer a concessional corporate tax rate for new manufacturing units in Budget 2025-26 to boost investments and industrial growth.

Industry

Steel Ministry Pushes for $1.7 Billion to Reduce Emissions

By BPN News Desk January 17, 2025

The Indian Steel Ministry has requested a $1.7 billion budget allocation to support steelmakers in reducing carbon emissions. This significant proposal aims to align the industry with the country’s broader climate goals and transition towards green energy solutions. Accelerating the Transition to Green Steel The funding request underscores the government’s commitment to

Finance

World Bank Forecasts India’s Economy to Grow by 6.7% Annually Over Next Two Years

By BPN News Desk January 17, 2025

The World Bank projects India's economy to expand by 6.7% annually in the next two fiscal years, highlighting strong domestic demand and infrastructure development as key growth drivers.