Intact consumption story will create more avenues for employment, an industry body PHDCCI said. Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, appreciates the efforts of the Government for providing a strong push to India’s consumption story in the post-pandemic years. According to the Household Consumption Expenditure Survey, the per capita consumption spending has […]
Amazon said on Tuesday that it had begun its delivery service in Gajoli, a rural village in Uttarkashi district, Uttarakhand. According to the firm, it is the first and only e-commerce company to transport items to the Maharishi Ashram in Gajoli, which sits at 4,500 feet in the Himalayan mountains. There are no businesses or delivery […]
Finance Minister Nirmala Sitharaman is preparing to present her sixth consecutive budget on 1 February. The budget’s focus is expected to be on putting more money in the hands of the people, with probable tweaks to tax slabs or an increase in basic deductions as possible avenues for achieving this goal. Another recommendation is to increase finances for the […]
Finance Minister Niramala Sitharaman on Thursday said that the manufacturing sector is contributing significantly to the economy following government initiatives and noted that India’s second-quarter growth this year was the highest in the world. Replying to a short-duration discussion on the “economic situation in the country” in the Rajya Sabha, Sitharaman said there was sustained […]
Jack Ma has fueled speculation about his upcoming ventures by initiating a new project, “Hangzhou Ma’s Kitchen Food,” marking his return to business activities following a period of reduced visibility amid a government crackdown on his companies, Alibaba and Ant Group. With an initial capital of 10 million yuan ($1.4 million), the company is registered […]
The Yogi Adityanath government in Uttar Pradesh has embarked upon a mission to enhance cattle breeds, boost milk production, and augment the population of indigenous cow breeds. Recently, the government prepared a detailed action plan for three pivotal schemes under the Nand Baba Milk Mission, according to which, it would be spending Rs 31 crore […]
Indian micro, small and medium enterprises (MSMEs) contribute around 30 per cent to India’s gross domestic product (GDP), constitute nearly 40 per cent of total exports and provide employment to about 11 crore people; more than half of them are located in rural India. Despite challenges, the sector is the backbone of the nation’s economy. […]
Flipkart, the ecommerce marketplace, joins hands with the government of Gujarat on National Handloom Day through a Memorandum of Understanding (MoU) with the Commissioner of Cottage & Rural Industries, Government of Gujarat, under the Flipkart Samarth program. The MoU aims to digitize local businesses that focus on the development of the crafts in every district […]
