Union Minister Piyush Goyal meets Singapore President, discusses ways to enhance relations New Delhi, January 16: Union Minister of Commerce and Industry, Piyush Goyal on Thursday met with Singapore President Tharman Shanmugaratnam to discuss ways to enhance India-Singapore relations....
Piyush Goyal to visit Brussels, discuss India-EU trade, progress in FTA: Sources New Delhi, January 16: Commerce and Industry Minister Piyush Goyal will be visiting Brussels later this week. He will discuss India-EU trade, progress in the Free Trade Agreement (FTA) and other issue...
US adds 11 Chinese entities to Entity List, removes BARC and two other Indian organisations Washington DC, January 16: The US Department of Commerce's Bureau of Industry and Security (BIS) added 11 entities to its Entity List, targeting organisations in China for activities "contrary to US n...
US rule on connected cars lifts market uncertainties: South Korea Seoul, Jan 15: South Korea's industry ministry hailed Washington's finalised rule on connected cars on Wednesday, saying it will remove many uncertainties for South Korean automakers....
India's exports rise 6.03 pc to USD 602.64 billion in April-December 2024 New Delhi, January 15: India's exports grew in April-December 2024 reaching an estimated USD 602.64 billion, marking a rise of 6.03 per cent compared to USD 568.36 billion during the same period in 20...
Fashion, accessories emerges as most selling products on e-commerce platform: Report New Delhi, January 15: Fashion and accessories emerged as the most significant category in 2024, contributing 30 per cent of the total order volume, followed closely by beauty, wellness, and personal ...
India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec New Delhi, Jan 15: India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in ...
Joe Biden announces measures to protect US connected vehicle supply chains from China, Russia Washington DC, January 15: US President Joe Biden on Tuesday unveiled measures aimed at protecting the United States from national security risks linked to the exploitation of its connected vehicle su...
India's wholesale price inflation rises to 2.37% in December 2024 New Delhi, January 14: The annual rate of inflation based on the all-India Wholesale Price Index (WPI) stood at 2.37 per cent (provisional) in December 2024, marking an increase from the previous mont...
India's WPI inflation edges up to 2.37 pc in December New Delhi, Jan 14: The annual rate of inflation based on the all-India Wholesale Price Index (WPI) edged up to 2.37 per cent for the month of December, compared to the same month of the previous year,...
Robust manufacturing, MSMEs among 5 key factors to create millions of jobs: PHDCCI New Delhi, Jan 13: Prioritising the manufacturing sector and strengthening the micro, small and medium enterprises (MSMEs), among others, can not only ensure sustained economic development but also ge...
Top industry associations slam Zomato, Swiggy over private label food delivery New Delhi, Jan 13: The Federation of Hotel and Restaurant Associations of India (FHRAI) and the National Restaurant Association of India (NRAI) have reiterated serious concerns over online food aggreg...
India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report New Delhi, January 13: The ASEAN region, alongside India, stands out as a major beneficiary of the ongoing geopolitical shifts. India's trade is forecasted to grow at an impressive 6.4 per cent annual...
India holds Inter-Governmental Committee meet with Nepal, to send 2,00,000 MT wheat New Delhi, January 12: The India-Nepal Inter-Governmental Committee (IGC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade was held in Kathmandu from January 10-11, the Indian Embassy i...
Key India-Nepal meeting discusses ways to combat unauthorised trade New Delhi, Jan 12: The India-Nepal Inter-Governmental Committee (IGC) meeting on trade transit and cooperation to combat unauthorised trade in Kathmandu will further fortify the economic and commercia...
DMart Q3 net profit rises around 5%, revenue soars 17.7% New Delhi, January 12: Avenue Supermarts, one of the largest food and grocery retailers in India branded as DMart, declared its standalone and consolidated financial results for the quarter and three ...
US officials seek new rules to prevent Biotech technology from reaching Chinese military Washington, DC, January 11: US lawmakers and industry leaders are calling for stricter export control regulations to prevent US biopharmaceutical companies from collaborating with China's military on ...
Bharat Chamber of Commerce organises awareness session in Tripura to empower MSME entrepreneurs Agartala, January 11 l: : The Bharat Chamber of Commerce, Kolkata, in collaboration with the Department of Defence Production, Ministry of Defence, Government of India, organised a one-day awareness s...
NRAI slams Zomato and Swiggy over private label food delivery via Q-com apps Mumbai, Jan 9: The National Restaurant Association of India (NRAI) on Thursday strongly opposed the recent foray of food delivery platforms Zomato and Swiggy into private-label food delivery via their...
India's gold imports turn out to be $5 billion lower in Nov, trade deficit narrows New Delhi, Jan 8: The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by ...
Assam has immense potential for investment: Piyush Goyal Guwahati, Jan 7: Union Minister for Commerce and Industry, Piyush Goyal on Tuesday said that Assam has immense potential for investment in agriculture, sericulture, aquaculture, food processing, jute ...
Indian quick commerce industry to reach $50 billion in GOV by FY30 New Delhi, Jan 7: The Indian quick commerce industry is estimated to reach $50 billion in gross order value (GOV) by FY30, which implies 60 million customers ordering eight times per month, according ...
Jefferies cuts Zomato stock to 'hold' as quick commerce competition heats up New Delhi, Jan 7: Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s p...
Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report New Delhi, January 7: India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bern...
Rural women entrepreneurs take centre stage at NABARD's Grameen Bharat Mahotsav New Delhi, January 6: The third day of Grameen Bharat Mahotsav, organised by the Department of Financial Services and National Bank for Agriculture and Rural Development (NABARD), witnessed a focused...
Multiple players can co-exist in Quick Commerce India's retail market: Report New Delhi, January 6: India's Quick Commerce retail market is on a remarkable growth trajectory. A report by Anand Rathi suggests that multiple player can co-exist in India's Quick Commerce retail mar...
States must prioritize state-specific logistics policies to meet development aspirations: Ministry of Commerce Report New Delhi, January 6: The Logistics Division of the Ministry of Commerce has emphasized the need for States and Union Territories (UTs) to prioritize the development of State-specific logistics polici...
Women-led startup funding in India increases to $930 million in 2024 New Delhi, Jan 5: The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of femal...
US Commerce Department moves to restrict Chinese-made drones over 'security concerns' Washington DC January 4: The US Department of Commerce has initiated a rulemaking period to evaluate the possibility of banning or restricting drones manufactured in China....
ONDC can create additional GMV opportunity worth Rs 3.75 lakh crore in 5 years New Delhi, Jan 4: The Open Network for Digital Commerce (ONDC), which has the potential to create a market opportunity to the tune of Rs 3.75 lakh crore in additional gross merchandise value (GMV) in ...
Blinkit adds quick ambulance service to its kitty New Delhi, January 2: After daily essentials, beauty and cosmetics, pet care products, baby care products, food items, among others, Blinkit has added one more service to its kitty, and it is for a so...
PM Modi lauds ONDC's role in empowering small businesses and transforming e-commerce New Delhi, January 2: Prime Minister Narendra Modi has praised the transformative impact of the Open Network for Digital Commerce (ONDC) on India's e-commerce landscape....
In 2025, quick commerce will start hitting scale, become comparable to e-commerce: Zepto CEO New Delhi, January 1: Aadit Palicha, co-founder and CEO of Zepto has three predictions as we welcome a New Year....