Startups Lead in Gig Worker Recruitment: Nasscom-Indeed
The gig economy is transforming the traditional job market and creating new opportunities for both employers and workers. According to a survey by Nasscom, Indeed and AON, 84% of organizations in India are exploring or open to gig models, with startups and the BPM sector leading in gig worker hiring. What is the gig economy? […]
BharatGPT: The Latest GenAI Service by CoRover.ai
BharatGPT is a revolutionary innovation by CoRover.ai, the world’s first human-centric conversational AI platform. It is India’s answer to existing Generative AI/Large Language Models, with generative text, voice and video capabilities in 14+ Indian languages. BharatGPT aims to transform the virtual assistant creation process from days to just few minutes, by allowing users to create […]
India-EU Trade Deal Nears Completion After 16 Years
India and the European Union (EU) are on the verge of concluding a trade agreement that will boost their economic ties and create new opportunities for businesses and consumers. The deal, which has been under negotiation since 2007, covers a wide range of areas, such as tariffs, services, investment protection, geographical indications, and trade and […]
India’s Budgeting: A Look at the Process and Legal Mandates
The budget is an annual financial statement of the government’s revenues and expenditures for a financial year. It is a crucial document that reflects the government’s priorities, policies and programmes. The budget also serves as a tool for accountability, transparency and fiscal discipline. Process of Budgeting The process of budgeting in India involves several stages, […]
Ram Mandir Pran Pratishtha: Gold and Silver Memorabilia in High Demand
The consecration of the Ram Mandir in Ayodhya, scheduled for January 22, 2024, has sparked a surge in demand for gold and silver memorabilia related to Lord Ram and the temple. Despite the high prices of the precious metals, devotees are purchasing these items to express their faith and devotion, as well as to bring […]
Margin Dispute: Hindustan Unilever vs Distributors
Hindustan Unilever faces distributors’ boycott over margin dispute Hindustan Unilever Ltd (HUL), India’s largest consumer goods company, is facing a boycott from its distributors over a change in its margin structure. The distributors claim that the revision will reduce their earnings and jeopardize the distribution network. HUL says that the new model will improve service […]
Gautam Adani: Turning Hindenburg Report into an Opportunity
A year ago, Gautam Adani, the founder and chairman of Adani Group, faced one of the biggest challenges of his career. A US-based short-seller, Hindenburg Research, published a report accusing him and his conglomerate of fraud and stock price manipulation. The report claimed that Adani had inflated his net worth by over $100 billion in […]
AIBI’s 9 Initiatives: A New Dawn for Investors and Merchant Bankers in India
The Association of Investment Bankers of India (AIBI) has unveiled nine game-changing initiatives to boost investor awareness, merchant banker’s capacity building and ease of capital formation in India. The initiatives were launched at AIBI’s Annual Convention 2023-24, which was centered on the theme ‘Ease of Capital Formation’ in India. The convention was attended by Ms. […]
Red Sea Turmoil Triggers 20-25% Hike in Marine Insurance
The Red Sea crisis has triggered a 20-25% hike in marine insurance premiums, as shipping companies face increased risks of attacks by Houthi rebels in Yemen. The conflict has also disrupted global trade, forcing some vessels to reroute around Africa and adding to inflationary pressures. What is the Red Sea crisis? The Red Sea is […]
Ayodhya Ram Mandir: An Economic Catalyst for Infrastructure and Stocks
The Ram Mandir in Ayodhya, Uttar Pradesh, is not only a symbol of faith and devotion for millions of Hindus, but also a potential driver of economic growth and development in India. The temple, which was inaugurated by Prime Minister Narendra Modi on January 22, 2024, is expected to attract millions of pilgrims and tourists […]