FSSAI CEO says issues of added sugar, pesticides collective responsibility
Food Safety and Standards Authority of India CEO G. Kamala Vardhan Rao has stressed upon the need for food business operators (FBOs) to adopt a rational approach regarding added sugars in food items. He stated this while addressing FBOs and other stakeholders at an event jointly organised by CII FACE and
India’s mobility market to double by 2030, driven by EVs and digital transformation
India’s mobility industry is poised to double and cross $600 Bn by 2030, according to the Think Mobility Report by Google and Boston Consulting Group (BCG). The report highlighted that growth in the sector will be driven by both traditional and emerging revenue pools, departing from global trends. It also
Bharat Mobility Global Expo 2025: Day 2 unveils exciting future mobility innovations from Hyundai, VinFast, BYD
The second day of Bharat Mobility Global Expo 2025 kicked off with some exciting unveiling of future mobility that would change the perception of electric vehicles (EVs) in personal ownership, and public transportation. The day started with the launch of two EVs — VF 7 and VF 6 — from
10-minute delivery is boosting Indian economy’s ‘brightening spot’, highlights RBI, ETCFO
Quick Commerce: Image for representation Private final consumption is proving to be a key bright spot in India’s economic recovery, with e-commerce and quick commerce (q-commerce) playing a significant role, the Reserve Bank of India (RBI) stated in its recent bulletin. Calling consumption a “brightening spot”, the central bank emphasised
CCI slaps ₹40 lakh fine on Goldman Sachs for failure to notify investment in Biocon Biologics
The Competition Commission of India (CCI) has imposed a ₹40 lakh penalty on Goldman Sachs (India) Alternative Investment Management Private Limited (GS AIMPL) for failing to notify its investment in Biocon Biologics Limited (Biocon) under the Competition Act, 2002. The regulator found that Goldman Sachs’ acquisition of optionally convertible debentures
India’s economic growth poised to rebound as demand picks up: RBI bulletin, ETCFO
Mumbai, Jan 18 (IANS) India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects,” according to the RBI’s monthly bulletin for January. Mumbai, India’s economic growth is poised to rebound as domestic demand regains strength reflecting a resilience
Electric vehicle sales in India crossed 14.08 lakh units in 2024: Kumaraswamy
Electric vehicle sales in India crossed 14.08 lakh units in 2024, achieving a market penetration rate of 5.59 per cent, up from 4.44 per cent in the previous year, Union Minister H D Kumaraswamy said on Saturday. The minister asserted that the upward trend in EV adoption underscores the growing
Government may introduce new income tax bill in Budget session
The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number of pages by about 60 per cent. Finance Minister Nirmala Sitharaman in her July Budget had announced
Dropping degree requirements, 30 per cent of Indian employers looking to shift to skills-based hiring: WEF
In a transformative shift, around 30 per cent of Indian employers are looking to adopt skills-based hiring practices by removing degree requirements, a significant increase compared to the global figure of 19 per cent, said World Economic Forum (WEF) in its Jobs Report 2025. The evolving landscape in India reflects
The double-edged sword: Accelerating agri-lending amidst slowing agri GVA
The Economic Survey for 2023-24 revealed a concerning reality: India’s agricultural sector, which contributes 17.7 per cent to the Gross Value Added (GVA), has been stagnating due to erratic weather patterns and uneven monsoon distribution. This highlights a troubling fact—agriculture is lagging behind in growth compared to the manufacturing and