The Reserve Bank of India (RBI) reports that India has had an amazing increase in employment—nearly 4.7 crore jobs added during the financial year 2023–24. This notable rise has driven the overall count of working people in the nation to 64.33 crore, across 27 different sectors of the economy. The most recent RBI employment update…
A new wave of companies presenting creative business strategies challenging conventional wisdom is making major progress in the fast changing field of e-commerce. These startup businesses are altering consumer expectations and industry standards in addition to using modern technologies. This page explores some of the most interesting e-commerce businesses together with their original strategies for…
Zomato has resumed its ‘Legends’ intercity food delivery service and has discontinued its ‘Xtreme’ hyperlocal delivery service owing to low demand. ‘Xtreme,’ which debuted in October of last year, was intended to use Zomato’s current delivery fleet to carry small parcels for both small and large businesses, akin to Porter’s services. Unfortunately, there was insufficient…
A $1.5 billion loan from the World Bank has been approved to support India’s efforts to accelerate the development of low-carbon energy, with a primary focus on green hydrogen. According to a statement issued on Friday, the financing is intended to promote a healthy market for green hydrogen, electrolysers, and increased penetration of renewable energy…
According to multiple media outlets, Yes Bank has started a cost-cutting exercise by terminating 500 staff. Additional layoffs are anticipated in the upcoming weeks. This action is a component of an internal restructuring plan meant to boost productivity and lower operating expenses. Employees in a number of verticals, including branch banking, retail, and wholesale, have…
You can quickly switch back to the previous Google Assistant by following a few easy steps if you’re one of those people who prefers the dependable Google Assistant over the brand-new, AI-powered Google Gemini. Many customers are eager to go back to Google Assistant for a variety of reasons, including as performance concerns or just…
The output of coal, natural gas, and electricity increased significantly in May, accounting for 6.3% of India’s growth in the core sectors. While this is a little less than the 6.7% rise in April, it is still a strong showing when compared to the 5.2% growth rate in the same month the previous year. Important…
ITC, a well-known company that sells everything from cigarettes to hotels, saw a significant increase in executives joining the crorepati club in FY24—68 new members, up 24.11% from FY23. According to the company’s annual report, there are now 350 executives who make more than Rs 1 crore yearly, up from 282 in FY23 and 28%…
The crossover utility vehicle (CUV) Cloud EV from MG is scheduled to debut in India shortly. The Cloud EV, which is positioned above the Comet and below the ZS, is anticipated to be reasonably priced, possibly under Rs 20 lakh, and to have a range similar to that of the Nexon EV. Because of its…
The second-biggest telecom provider in India, Bharti Airtel, has announced that it will be raising its mobile rates as of July 3. This comes after rival Reliance Jio made a similar announcement. Entry-level plans will experience a daily increase of less than 70 paise due to the change, which will result in a “very modest”…
