Brands hop on to quick commerce this festive season
D2C brands are joining the queue to launch campaigns exclusively with quick commerce platforms to acquire new customers and drive sales, especially in the festive season. Quick commerce platforms are becoming the preferred choice for brands to launch new products and a major revenue driver for brands as they
Qualcomm bullish on India’s automotive growth, eyes major expansion in auto tech
As the auto industry stands at the cusp of transformation brought about by artificial intelligence and the growth of software-defined vehicles, semiconductor major Qualcomm is looking to take its technology to cars after mobiles and computers. For the first time, the company dedicated an entire day as part of its
Supply of manpower to foreign company for working in India to attract GST, says UPAAR
Supply of manpower for work in India to foreign clients having no permanent establishment here will not be treated as export of services and accordingly attract GST, Uttar Pradesh’s Authority for Advance Ruling (UPAAR) has said. The applicant, Noida-based Pacific Staffing Solutions sought advance ruling on its plans to provide
India largest beneficiary of EIB’s loans outside Europe: Nicola Beer
India is the largest beneficiary of European Investment Bank’s transport financing outside Europe, said Nicola Beer, vice-president of the bank’s financing arm of the European Union, which formally announced to lend €300 million (₹2,800 crore) to the ₹15,767-crore Bengaluru suburban railway network. Beer was in Gandhinagar on Friday to participate
Construction and agriculture drag India Inc’s Q2 revenue growth to 5-7%: Crisil report
Sluggish performance in construction, industrial commodities, and investment-linked sectors has led to the moderation in Indian Inc’s revenue growth, CRISIL Market Intelligence and Analytics observed. The revenue growth for the three months of the ended September stood at 5-7 per cent, as per the market intelligence firm. India Inc. experienced
RBI Governor Das calls for reforming global financial architecture
RBI Governor Shaktikanta Das has called for reforming the international financial architecture to ensure equitable voice and representation for the emerging economies, and overhauling of the debt resolution architecture for vulnerable countries. He also said there is a pressing need to improve global financial regulation to manage systemic risks posed
Punjab: Farmers continue their protest for second day, demand paddy procurement among others
Farmers in Punjab continued their protest for the second day on Sunday to press for multiple demands, including paddy procurement. As part of their protest, farmers organised road blocks, or “chakka jam,” in several parts of Punjab, including Sangrur, Moga, Phagwara, and Batla. Kisan Mazdoor Sangharsh committee and Sanyukta Kisan
IIHR licences new technology to industry
Technology to make chocolates from jackfruit seeds, vertical farming model and new varieties of okra and marigold were among the new products/technologies that were licenced by the ICAR-Indian Institute of Horticulture Research, Bengaluru on Thursday. Also, an MoU to develop smart packages for crops such as chilli and okra was
FM calls for fair and accurate sovereign ratings to ensure capital at IMF meeting
Union Finance Minister Nirmala Sitharaman raised the issue for fairness and accuracy in sovereign ratings for emerging markets and developing economies (EMDEs) during her address at the International Monetary Fund’s (IMF) 2024 Annual Meeting. Speaking in Washington, D.C., at the IMFC Plenary session on “Managing Director’s Global Policy Agenda,” on
RBI Chief pushes back on calls to cut food from inflation target
Reserve Bank of India’s Governor Shaktikanta Das rejected the proposal of a top government advisor to strip volatile food prices from inflation targets, saying such a move would make no sense to normal consumers. Eliminating food, which accounts for nearly half the Asian nation’s consumer inflation basket, would amount to