India’s Jan business growth at 14-month low due to weaker services demand, PMI shows, ETCFO
By Anant Chandak BENGALURU – India’s business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace. The services industry is the major engine
Suhana Masala, Ecofactory Foundation to set up Centre of Excellence for spices production in Telangana
Suhana Masala, a spices company, has teamed up with the Ecofactory Foundation to set up a Centre of Excellence (CoE) for spices production in Telangana. The CoE, which will be located adjacent to Suhana’s existing facility in Sangareddy, will promote modern spice farming by training and equipping farmers with skills
PR industry in India to grow to ₹4570 crore by FY 2030: PRCAI
Outpacing global growth trends, the PR industry in India touched the ₹2500 crore mark in FY 2023, up 19 per cent year-on-year, and is poised to grow to ₹4570 crore by FY 2030 with a compounded decadal CAGR of 12.8 per cent, a report by the Public Relations Consultants Association
World Economic Forum: Trump tells businesses to manufacture in US or face tariffs
US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don’t. Addressing the forum’s Annual Meeting here through video conferencing, Trump also said he is going to
India hamstrung by MFN rules in offering tariff cuts to satisfy Trump
Even as deliberations are under way to calibrate a suitable policy response to the Trump Administration’s America First Trade Policy, India cannot bring down import duties to appease the US without applying the same yardstick to all its trade partners, sources have said. “The Commerce Department is in discussions with
TN emerging hub for R&D, advanced manufacturing: Rajaa in Davos
At the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Team Tamil Nadu pitched the State as an emerging destination for research, development and advanced manufacturing in over 50 intensive meetings and engagements. The delegation, led by State Minister for Industries TRB Rajaa, highlighted the new ambition to move
CAI revises upwards 2024-25 cotton output, consumption figures
Cotton Association of India, the apex trade body for the fibre crop in the country, has revised upwards its crop projections by 2 lakh bales of 170 kg each from its earlier estimates for the crop year 2024-25 ending September. The trade body also estimates the consumption to be higher
Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play
Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition
Non-utility solar booms, residential rooftop likely to surpass C&I
India’s solar energy sector underwent a transformative year in 2024, with non-utility solar installations—including rooftop and off-grid systems—accounting for a significant 25 per cent of the total 24.5 GW solar capacity added during the year. This marks a significant shift from historical trends dominated by utility-scale projects, according to a
Arya.ag secures $30 million debt from HSBC India, backed by GuarantCo
Grain commerce platform Arya.ag said on Thursday that it has secured $30 million in debt from HSBC India, backed by GuarantCo. Part of the Private Infrastructure Development Group, GuarantCo has provided two partial guarantees to HSBC India to extend ₹250 crore ($30 million) loan facility to Arya.ag. The proceeds of