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  • Hero MotoCorp CEO Calls for GST Cut On Two-Wheelers Up To 125 cc
    on January 16, 2025 at 1:35 pm

    Hero MotoCorp CEO Niranjan Gupta said on Wednesday that the government should also continue on the path for long-term growth, stability and investments.

  • India among most ready-to-recruit markets for in-demand skills: Study
    on January 16, 2025 at 1:08 pm

    India ranks 25th globally in preparing its job market for future skills like AI, digital, and green technologies, according to the QS World Future Skills Index. The country's strong venture capital funding and dynamic investment ecosystem enhance its readiness for AI integration. However, improvements are needed in higher education, industry collaboration, and sustainability practices.

  • GCCs expected to employ 1.9 million people in India by 2030
    on January 16, 2025 at 12:40 pm

    India has become a leading hub for Global Capability Centres (GCCs), with over 825 GCCs from Forbes Global 2000 companies employing 1.3 million professionals. Bengaluru and Hyderabad stand out, while emerging cities gain traction. Key sectors include BFSI, Manufacturing, and Retail/CPG, with a focus on digital technologies. Office leasing shows strong growth, indicating a promising future for India's GCC ecosystem.

  • Startups created over 16.6 lakh jobs between 2016 and Oct 2024
    on January 16, 2025 at 11:27 am

    With more than 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, India has firmly established itself as the third-largest startup ecosystem in the world, the government said on Wednesday.

  • How Budget 2025 can help global electronic makers plan life outside China
    on January 16, 2025 at 11:02 am

    The COVID-19 pandemic's impact on global supply chains has driven companies to diversify from China, presenting an opportunity for India to become a major electronics hub. Budget 2025 aims to support this ambition through substantial investments, incentives, and a focus on both upstream component manufacturing and workforce development.

  • Budget 2025: Steel ministry seeks $1.7 bn to help mills cut emissions
    on January 16, 2025 at 10:40 am

    India's steel ministry seeks 150 billion rupees from the budget for incentives to produce low-carbon steel. The plan includes reducing emissions, boosting R&D, and promoting renewable energy loans. The incentives, aimed at achieving a 2070 net-zero target, will be in place until 2030. The government may use green steel in its projects to support this initiative.

  • India to grow by 6.4 pc, and CPI inflation to settle at 4.8 pc in FY25: FICCI
    on January 16, 2025 at 9:09 am

    India's economic outlook for 2025 presents cautious optimism with consumer spending expected to recover, aided by a positive outlook for agriculture and rural consumption, according to the latest Economic Outlook Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI).

  • Budget 2025: Medical device sector calls for reforms to boost local manufacturing
    on January 16, 2025 at 8:50 am

    The current import duty system contradicts the government’s "Make in India" initiative, which aims to boost local manufacturing. India’s reliance on imported medical devices remains high, with imports exceeding ₹69,000 crore in 2023-24, a 13per cent rise from the previous year.

  • Adani CFO posts 'Kitne Ghazi Aaye, Kitne Ghazi Gaye' message as Hindenburg Research shuts down
    on January 16, 2025 at 8:36 am

    Adani Group’s CFO, Jugeshinder Robbie Singh, shared a cryptic message after Hindenburg Research announced its shutdown, marking the end of a tumultuous period that significantly impacted the Adani empire’s market value.

  • Startup India propelled country to become one of the most vibrant startup ecosystems: PM Modi
    on January 16, 2025 at 8:25 am

    Prime Minister Narendra Modi praised 'Startup India' on its ninth anniversary, calling it transformative for propelling India into a vibrant startup ecosystem. He highlighted its role in youth empowerment and innovation, impacting various sectors like healthcare, biotech, and clean energy. Modi reaffirmed his government’s commitment to fostering entrepreneurship and supporting startups at every stage.

  • Union Budget 2025: Industry voices call for green growth, innovation, smart infra
    on January 16, 2025 at 8:05 am

    Corporate leaders from key industries have voiced their hopes for measures that can balance economic growth with sustainability and innovation.

  • How strategic funding partnerships are propelling Indian AI startups to global leadership
    on January 16, 2025 at 7:45 am

    National Programs such as Digital India, Startup India, and the National AI Mission (NAM) have established an environment conducive to innovation and entrepreneurship.

  • India's electronics goods exports clock 35% surge to record high in Dec
    on January 16, 2025 at 7:20 am

    India's electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting the increase in foreign demand for high- value Indian goods and rising domestic production capacities, data compiled by the Commerce Ministry showed.

  • Boeing's aircraft deliveries, orders in 2024 reflect company's rough year
    on January 16, 2025 at 6:58 am

    Boeing's delivery of commercial aircraft in 2024 significantly declined, with only 348 jetliners supplied, impacted by intensified government scrutiny and a factory workers' strike. The production issues, especially with the 737 Max, led to halted orders and extended financial losses, leaving Boeing far behind its rival Airbus in total net orders for the year.

  • Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
    on January 16, 2025 at 3:02 am

    Several financial firms are vying to replace Goldman, which launched the credit card with Apple in 2019, the sources said. While other lenders are tempted by working with Apple, one of the world's most recognizable brands, they also viewed the original deal terms as risky and unprofitable, sources told in December 2023.

  • Oyo investors look to sell stake at $3.9-billion valuation
    on January 16, 2025 at 3:02 am

    Hospitality startup Oyo’s early investors, such as Lightspeed Venture Partners, are in talks with family offices to divest a portion of their stake at a valuation of around $3.9 billion, sources told us. This stake sale is at a premium of more than 60% to the Rs 1,457 crore funding round in August 2024 when top family offices invested in the now profitable hospitality startup.

  • Tesla’s Asian rivals pull ahead in India’s nascent EV market
    on January 16, 2025 at 3:00 am

    Various carmakers, including Maruti Suzuki, BYD, and VinFast, are set to debut their electric vehicles at the Bharat Mobility Global Expo in New Delhi, as India’s EV market rapidly expands. As Tesla remains absent, Asian automakers lead the competition in this emerging market, contributing to the nation's goals for green energy and reduced air pollution.

  • Maha Kumbh 2025: Ecosystem of gigs builds up, creating 1 million jobs, including social media & new-age roles
    on January 16, 2025 at 2:58 am

    Maha Kumbh Mela in Prayagraj is generating about a million gig and temporary jobs over its 45-day duration. Roles range from construction and hospitality to digital security and drone operators. The event marks significant employment growth, including new age jobs, with a notable participation of women.

  • Hindenburg Research, whose reports wiped billions off Gautam Adani's wealth, shuts down
    on January 16, 2025 at 2:55 am

    Hindenburg Research, known for short-selling activities, has been shut down by founder Nate Anderson. The decision comes after completing investigations, including those against Gautam Adani. Anderson plans to spend more time with family and invest his money in low-stress investments. His team members are taking different career paths.

  • NARCL selected to acquire Jaiprakash Associates with Rs 12,000 crore bid
    on January 16, 2025 at 2:53 am

    ICMS had extended the timeline to find a competing bid by a week to January 14 last Wednesday but since no offer came up in the time period, NARCL's is now the only one to take over JAL, people familiar with the details said.