ONDC set to launch its own buyer app, DigiHaat to widen seller participation from diverse sectors
In a strategic, the Open Network for Digital Commerce (ONDC) has decided to launch its own buyer app “DigiHaat” through a new 100 per cent subsidiary Nimrit Bharat to ensure wider participation sellers from diverse segments. It said it that the buyer app will give special focus for onboarding small
India continues to be world’s largest growing economy: IMF director, ETCFO
The director of the IMF Asia Pacific department, Krishna Srinivasan, revealed that India will continue to be the world’s fastest-growing economy, as long as the country’s macroeconomic fundamentals remain strong. In an interview on Tuesday, he told PTI, “India is expected to remain the fastest-growing economy in the world. We
Government unveils guidelines for seaweed imports to boost coastal economy
The Ministry of Fisheries announced new guidelines for live seaweed imports on Friday, aiming to address seed shortages in its growing seaweed industry and boost coastal economies. The regulatory framework, which includes strict quarantine procedures and biosecurity measures, will allow importers to bring high-quality seaweed germplasm into the country following
Varaha issues India’s first-ever CDR credit under Puro.Earth
Varaha, a leading carbon removal company from farming, has issued durable carbon dioxide removal (CDR) credits from industrial biochar under Puro.Earth, the world’s leading CDR registry. This is the first-ever issuance of industrial biochar credits in India. Varaha’s project in Telengana produces biochar, a carbon-rich material, using agricultural waste
40% see exports declining this year: Survey, CFO News, ETCFO
A majority of exporters have identified high interest rates as a key stumbling block with three-fourths saying they borrow at over 12 per cent , and that too, after giving collaterals. In a survey conducted by the Federation of Indian Export Organisations and shared with TOI, 40 per cent said
InterGlobe Aviation likely to slip into red on higher costs, weak rupee
InterGlobe Aviation which operates India’s largest domestic airlines, IndiGo, is expected to swing to a loss in second quarter FY 2025 on flat yields, higher non-fuel costs and impacts of rupees depreciation. Estimates vary with with Prabhudas Lilladher Capital projecting ₹129 crore loss before tax and Motilal Oswal pegging the
Freebie economics weakens state finances, CFO News, ETCFO
Greetings for the festive season. I am sure you must be excited to celebrate Diwali with your loved ones. Some of you must be looking at air tickets or train berth confirmations and many of you must have planned your weekend just for shopping and decorations. Like many offices in
Boeing Union Workers Reject Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a monthlong strike at factories where the company makes its best-selling commercial plane. Source link
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year. Source link
California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue. Source link