Breaking New Ground: India’s Initiative for E-Commerce Export and Forex Ease
India is making significant strides in establishing an e-commerce export zone and easing the process of foreign exchange realisation for e-commerce exports. This initiative, led by the Directorate General of Foreign Trade (DGFT) within the Commerce Ministry, involves collaboration with the Reserve Bank of India (RBI) and other key ministries, including the Finance Ministry. The […]
Ambani Bets Big on AI: Reliance Pledges Speedy Tech Integration Across All Businesses
Reliance Industries, under the leadership of Chairman and Managing Director Mukesh Ambani, is set on a transformative journey, aiming to complete its artificial intelligence (AI) transformation by 2024. This ambitious endeavor reflects Ambani’s vision to keep Reliance at the forefront of deploying advanced technologies and achieving significant leaps in productivity and efficiency. Reliance, originally founded […]
Intelligent Transport Systems: Experts See Hope for Safer, Smoother Roads
In recent developments, India is taking significant steps towards implementing Intelligent Transport Systems (ITS) to enhance road safety and manage traffic more efficiently. Experts in the field are advocating for the swift adoption of ITS, recognizing its potential to significantly reduce the high incidence of road accidents and ease traffic congestion. One of the notable […]
Empowering Indian MSMEs In A Shifting Global Marketplace Through Climate Action
The landscape of global trade is shifting rapidly, and Indian Micro, Small, and Medium Enterprises (MSMEs) are at a pivotal point. With the world increasingly focusing on sustainability, these small businesses are finding themselves in need of adapting to not just survive, but to thrive in the global marketplace. The Influence of Big Buyers Large […]
Cheers to Indian Exports! Alcoholic Beverages to Cross $1 Billion Mark in Boom Years Ahead
India’s alcoholic beverage exports are poised to cross the USD 1 billion threshold in the next few years, marking a significant milestone in the country’s economic expansion in this sector. This projection reflects the burgeoning demand for Indian spirits in global markets. In the fiscal year 2022-23, India’s exports in this sector reached USD 325 […]
Telecom Sector Skill Council’s Ambitious Goal for 2025: Training and Placement of 1.5 Lakh Candidates
In an ambitious initiative aimed at bridging the growing demand-supply gap in the Indian telecom sector, the Telecom Sector Skill Council (TSSC) has set a goal to train and place over 1.5 lakh candidates in the next financial year. This move comes at a crucial time when the industry is experiencing a surge in demand […]
From Seed to Success: Nephrocare’s Rs 8 Crore Funding Sprouts Growth, Strengthening Dialysis Infrastructure
Nephrocare India, a Kolkata-based kidney care provider, has recently achieved a significant milestone by securing Rs 8.08 crore in a pre-initial public offering (IPO) funding round. This investment was led by notable figures such as Deepak Parekh, the former chairman of HDFC; Bharat Shah, chairman of HDFC Securities; and Rajendra Agarwal, the founder and managing […]
SkinQ, an Emerging Leader in Dermocosmetics, Secures ₹3 Crore Seed Investment
In a landmark move for the Indian skincare industry, SkinQ Dermo cosmetics has successfully secured a seed investment of ₹3 crore, led by Inflection Point Ventures. This strategic financial boost, further bolstered by contributions from Venture Catalysts and Super Angels, marks a significant milestone in SkinQ’s quest to revolutionize skincare, particularly for individuals with melanin-rich […]
Unwrapping Amazon’s India Nightmare: A Story of Exploited Workers and Unchecked Power
Amazon, a global leader in e-commerce and technology, has recently been at the center of a labor rights controversy in India. The Union Labour Ministry in India has been actively involved in addressing the situation, especially concerning the company’s recent layoffs and labor practices. Layoffs and Legal Scrutiny In a significant development, Amazon India has […]
India’s E-Commerce Policy Nearly Done, Announcement Expected Soon
The National E-Commerce Policy of India, a significant initiative by the Commerce and Industry Ministry, is nearing its final stages and is expected to be announced soon. This was confirmed by Union Minister Piyush Goyal, who indicated that the policy is at the final stages of discussion at the highest levels of government. The development […]