India’s digital economy is expected to surge more than fivefold to USD 1 trillion by 2030, led by a growing appetite for digital products and services — especially in its smaller cities, according to a joint research report released on Tuesday by Google, Temasek, and Bain and Company. Titled ‘India e-Conomy Report’, the research states […]
The Offer for Sale in Coal India received a good response from non-retail investors on Thursday. The issue was subscribed 3.46 times the base size, the Department of Investment and Public Asset Management tweeted. Retail investors will be able to bid for the OFS on Friday. “Offer for Sale in CIL received enthusiastic response from […]
India’s manufacturing sector showcased encouraging growth in May and painted a positive picture for the industry. According to S&P Global’s India Manufacturing Purchasing Managers’ Index, it rose from 57.2 in April to 58.7 in May, indicating the most robust improvement in the health of the sector since October 2020 or a 31-month high. Not only […]
Lee and Wrangler, both American denim and casual lifestyle apparel brand, has seen over 130 per cent year-on-year (YoY) growth for the financial year (FY) 2023 in India, said Nitin Chhabra, Chief Executive Officer (CEO) of ace turtle in an exclusive interview with BW Retail World. ace turtle, India’s tech-native retail company and is vertically […]
Vijay Sales, a consumer electronics retailer’s a major growth driver is the kitchen segment, following the wearables segments which include smartwatches, fitness trackers and other wearable devices. The Indian wearables market reported 80.9 per cent year-on-year (YoY) growth in first quarter of the year 2023. While talking about the growing wearable market in India, Nilesh […]
In a significant move towards establishing India as a global electronics powerhouse, the Indian government has initiated a pilot project called Electronics Repair Services Outsourcing (ERSO). The concerted effort seeks to make India the most appealing destination for outsourcing repair services for ICT products on a global scale. After consultations with the repair industry, MeitY […]
India’s economy continued to show resilience and strong growth in the fourth quarter of the fiscal year 2022-23, outpacing forecasts with a spectacular expansion of 6.1 per cent, according to Khalsa Vox. With a total size of USD 3.3 trillion, this exceptional accomplishment has increased the yearly growth rate to an astonishing 7.2 per cent, […]
Tarun Bhagat has been promoted as Chief Marketing Officer, India and South Asia at global beverage giant Pepsico. Bhagat took to LinkedIn to announce his promotion: “I’m excited to announce that I’ll be joining PepsiCo as Chief Marketing Officer, India & South Asia Beverages!” Bhagat was previously the Senior Director of Marketing for Mountain Dew, […]
India and the Central American Integration System (SICA) are in the final stages of negotiating the free trade agreement (FTA), said Omar Lisandro Castaneda Solares, Guatemala’s Ambassador to India on Thursday. “We are at the final stage of negotiating this agreement and I expect this to be implemented in the coming months, even before the […]
The government has notified new testing parameters for cough syrups to be exported from India and said these will require the production of a Certificate of Analysis (CoA) from specified laboratories. The changes in the export of syrups will be effective from June 1. “Cough Syrup shall be permitted to be exported subject to the […]
