Economic Development
2 min read
97

ONDC set to launch its own buyer app, DigiHaat to widen seller participation from diverse sectors

October 25, 2024
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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

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Economic Development
4 min read
61

India, ASEAN can work on regional policy framework for green energy transition: CERC member, ETCFO

October 25, 2024
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India and ASEAN can work together to create a regional policy framework for green energy transition with increasing usage of small modular nuclear reactors, a senior official of Indian power sector regulator CERC has said. According to Harish Dudani, Member, Central Electricity Regulatory Commission (CERC), the ASEAN (Association of Southeast

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Economic Development
2 min read
114

Varaha issues India’s first-ever CDR credit under Puro.Earth

October 25, 2024
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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

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Economic Development
2 min read
154

40% see exports declining this year: Survey, CFO News, ETCFO

October 25, 2024
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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

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Economic Development
2 min read
146

InterGlobe Aviation likely to slip into red on higher costs, weak rupee

October 25, 2024
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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

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Economic Development
6 min read
146

Freebie economics weakens state finances, CFO News, ETCFO

October 25, 2024
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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

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Economic Development
1 min read
366

Boeing Union Workers Reject Contract

October 24, 2024
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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

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Economic Development
1 min read
853

California Tribal Casinos May Sue to Curb City Card Rooms

October 23, 2024
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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

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Economic Development
1 min read
888

I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats

October 22, 2024
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The International Monetary Fund said protectionism and new trade wars could weigh on growth. Source link

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