India
India To Oppose Extension Of Ecommerce Duty Ban At WTO
E-commerce & Marketplaces News

Ecommerce In India To Grow 2.5 Times Faster Than Offline Retail By 2030: Report

As increasingly Indian shoppers turn to online channels for shopping, the e-commerce showcase is anticipated to develop 2.5 times speedier than the offline retail advertise, concurring to a report by Deloitte. The report titled “Future of Retail” included that the estimate of by and large online advertising will bounce to USD 325 billion in 2030 from USD 70 billion in 2022. It’ll be greater than the sorted-out retail advertises, coming to USD 230 billion in 2030 from USD 110 […]

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UP farmers' produce gains popularity in global market: CM
Export Government News States

UP Farmers’ Produce Gains Popularity In Global Market: CM

Chief Minister Yogi Adityanath flagged off containers filled with GI-tagged (Geographical Indication tag) Banarasi Langda mangoes, green chillies and other vegetables from the Integrated Pack House for export on Monday. Adityanath said the farmers of Uttar Pradesh contribute 20 per cent of foodgrains produced in the entire country. “India is rich in fertile land as […]

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India's used car market to grow by 80 lakh units by FY2027
National News

India’s Used Car Market To Grow By 80 Lakh Units By FY27

India’s second-hand car market is projected to grow by 80 lakh units by FY2027, with non-metro cities following suit. Currently, the demand for used cars is 40 per cent in tier-2 cities and 25 per cent in tier-3 cities. This overall contribution of 65 per cent is slated to reach 75 per cent in the […]

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Govt Imposes Stock Limits On Wheat To Curb Price Rise, Hoarding
Food Government News

Govt Directs FCI To Conduct E-auctions of Wheat, Rice To Check Inflation

Chairman and Managing Director of Food Corporation of India Ashok KK Meena said that the central government has directed the agency to conduct the e-auctions of wheat and rice to check the “inflationary trends” and to control the price of such staple foodgrains. The maximum quantity that a buyer can bid for is limited to […]

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Infosys To Take Charge of Liberty Global's Horizon Platforms
Companies News

Infosys, Danske Bank In $454 Mn Deal To Accelerate Digital Transformation

Infosys has been chosen by Danske Bank, a leading Danish financial institution, as a strategic partner to accelerate the bank’s digital transformation. The collaboration, valued at USD 454 million for a five-year term with the possibility of extension, aims to drive operational efficiency and enhance customer experiences through significant investments in digitalisation and technology. Danske […]

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US Tech Giants To Invest Billions In India After PM Modi's Visit
Brands Companies International News

US Tech Giants To Invest Billions In India After PM Modi’s Visit

After Prime Minister Narendra Modi’s recent official visit to the western superpower, three US tech titans announced significant investments in India. For the development of Indian technology, Amazon, Google, and Microsoft have pledged financial investments and technological collaboration. Google has announced that it will open its global fintech operation hub in Gujarat, whereas Amazon has […]

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drones, export, India, policy, civilian use, technology, innovation, ease of doing business
Export Government News

India Eases Drone Export Policy For Civilian Use

The government on Friday simplified and liberalized the policy for the export of drones and Unmanned Aerial Vehicles (UAV) meant for civilian end uses from India, the Ministry of Commerce and Industry said on Friday. The ministry, in its official release, said that the drones capable of a range equal to or less than 25 […]

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Global Automakers Eye India As Export Hub
Electronics News

Auto Components Makers To See 10-12% Revenue Growth In FY23-24

Automotive components makers in India is set to register 10-12 per cent growth in revenue during the financial year 2023-24, said Crisil Ratings on Thursday. It attributed the growth to continued domestic growth — buoyed by robust demand from automobile manufacturers and aftersales demand from services. “This is despite exports continuing to remain sluggish,” Crisil […]

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Fitch Upgrades Global Growth Forecast to 2.4% in 2023
International News

Fitch Upgrades Global Growth Forecast To 2.4% In 2023

Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. “The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than […]

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Snapdeal CEO Himanshu Chakrawati Confident of Profitability In FY24
Brands Companies E-commerce & Marketplaces Interviews News

Snapdeal CEO Himanshu Chakrawati Confident of Profitability In FY24

In a recent interview with BW Retail World, Himanshu Chakrawati, the CEO of Snapdeal, shared some insightful views about the Indian market and the company’s strategies. He highlighted the diversity of the Indian market, noting, “Everybody says, India is one market, aspirations are the same, one India one market. Let me tell you it’s not […]

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