India’s workforce to stay local as global opportunities grow at home
In 2024, India’s net migration rate stood at -0.323 per 1,000 people, with a 1.82 per cent drop in net outflow from last year. This indicates a growing trend of talent choosing to stay in the country with economic opportunities being generated, industry experts said. Neeti Sharma, the CEO of
Navi Mumbai airport to start operations from next May
Navi Mumbai airport will open for operations next May and construction of its second passenger terminal will commence two months later in July with the Adani group accelerating the development plans. Adani Airport Holdings Limited CEO Arun Bansal disclosed this on Sunday after successful completion of a validation flight to test
Finmin imposes definitive anti-dumping duty on digital plates from China, South Korea, Japan, Taiwan and Vietnam
The Finance Ministry has imposed a definitive anti-dumping duty on Digital Offset Printing Plates (DOPP) — commonly known as Digital Plates — coming from China, South Korea, Japan, Taiwan and Vietnam for a period of five years. Based on the recommendations of the Directorate General of Trade Remedies (DGTR) in
Creator economy fuelling India’s $5 trillion vision: PM Modi
Prime Minister Narendra Modi on Sunday said the creator economy is bringing new energy to achieve India’s $5 trillion economy milestone. In his address on the 117th episode of monthly radio show Mann Ki Baat, Modi spoke extensively about the content creator industry as well as the promotion of India’s
Air India plans international network expansion; Manila, Jakarta on radar
The Tata Group-promoted Air India plans to add five more major international destinations to its network in 2025, contingent on aircraft availability, sources told businessline. In the pipeline are destinations such as Manila, Jakarta, Dallas, and Los Angeles, which are planned to be added to the list of around 45
ONDC has seen over 150 million transactions, want to grow share of transactions from small biz: ONDC CEO
The Open Network for Digital Commerce expects to see transactions on the network to scale up faster in the coming year. On one hand, it wants to attract “digitally mature” consumers and sellers, while on the other it wants to enable more and more small businesses to be part of
India’s services exports hit ‘historic’ high in October aided by digital infra investment, policy support
Continuous investment in digital infrastructure, including data centres and high-speed internet, along with policy support, has propelled India’s services exports to a “historic” milestone of $34.31 billion in October, a commerce ministry official said. The official said India has established itself as a global leader in digitally delivered services exports,
India’s exports to Australia up 64.4% in November: Commerce ministry data
India’s exports to its trade agreement partner Australia rose 64.4 per cent year-on-year to $643.7 million in November on account of healthy growth in sectors such as textiles, chemicals and agricultural products, according to the commerce ministry data. However, the country’s merchandise exports recorded a decline of 5.21 per cent
India expands global reach with MoUs for critical minerals, taps new countries for tech on offshore mineral processing
India is expanding its efforts to secure critical mineral resources through bilateral Memoranda of Understanding (MoUs) with 13 mineral-rich countries across South America, Africa, and Australia. This is part of a broader strategy to ensure resource security, including mineral supplies. Additionally, the Mines Ministry is intensifying cooperation with three Asian
Plane crashes, catches fire in South Korean airport, kills 85 people
A passenger plane burst into flames Sunday after it skid off a runway at a South Korean airport and slammed into a concrete fence when its front landing gear apparently failed to deploy, killing at least 85 people, officials said, in one of the country’s worst aviation disasters. The National