New funding routes on regional flight map: Budgetary support, other options on cards
The government is exploring new funding mechanisms for its regional air connectivity scheme, UDAN, including direct budgetary support to airlines.
Read More
FRRB now looks at low audit fees, negative reserve parameters for reviewing cos’ fin statements
FRRB is using these parameters, along with other factors, in the review of financial statements for 2023-24.
Read More
‘Weighty’ FMCG matters: Prices repacked, value unpacked; Daily goods makers repurpose pack sizes to pass GST cut benefits
Popular price points for daily essentials are set to return by mid-November. FMCG manufacturers can now increase pack weights instead of reducing prices to pass on GST rate cut benefits. This move aims to resolve consumer inconvenience caused by non-standard…
Read More
India’s IT Sector Sees Hiring Stabilization in FY 2025-26 Amid Rising Demand for Engineering and AI Roles
India’s IT sector hiring has stabilized. Recruitment of freshers and mid-senior professionals has improved. Demand for engineering, technical, and AI roles is up. Companies are focusing on quality-led hiring. Campus intake has seen a significant rise. This indicates a measured…
Read More
India’s infrastructure output growth slows to three-month low in September
India’s infrastructure output saw its slowest growth in three months during September, expanding by just 3% year-on-year. This slowdown was primarily driven by declines in coal, natural gas, and refinery products, contrasting with a more robust 6.5% growth recorded in…
Read More
Indian Paper Industry Raises Alarm Over GST Reforms Threatening Domestic Market Competitiveness
Indian paper industry warns of a surge in imports following GST reforms, potentially undermining ‘Make in India’. With uncoated paper for notebooks now tax-free on imports, domestic manufacturers face higher costs and reduced competitiveness. This change could significantly impact the…
Read More