ECONOMY
Air India’s transformation plan is bearing fruit because the airline has expanded its community and managed to chop down its losses, Managing Director and CEO Campbell Wilson wrote in a employees electronic mail on Friday. Air India’s market share in home routes elevated from 24 per cent to 27 per cent on a yr on … Read more
B.L. Kamdhenu Farms Ltd has signed a Memorandum of Understanding (MoU) with Sweden-based DeLaval. The partnership focuses on selling a zero-waste financial system and long-term sustainability in cattle breeding and dairy know-how, with an funding of near ₹1,500 crore. A media assertion mentioned the collaboration is designed to leverage superior applied sciences and farming options, … Read more
Sunpure, an edible oil model, is foraying into the blended spices class with three merchandise: rasam powder, puliyogare, and sambhar powder. With the branded spice market valued at ₹25,000 crore, Sunpure anticipates this class will contribute roughly ₹10 to ₹12 crore in income for the fiscal yr 2025. “The choice to launch the brand new … Read more
Minister for Street Transport and Highways Nitin Gadkari mentioned on Thursday that the federal government’s focus is to make India’s vehicle trade the most important globally. Addressing the Deloitte Authorities Summit, the Minister famous that the nation already ranks quantity three, after US and China. The trade in the present day stands at a market … Read more
Union Minister Amit Shah on Thursday rolled out ‘White Revolution 2.0’, a complete initiative geared toward empowering girls and creating job alternatives in rural areas in addition to decreasing malnourishment with elevated off-take of milk. Beneath the initiative, the federal government goals to extend milk procurement by dairy cooperative societies by 50 per cent over … Read more
International land and ocean temperatures had been the warmest on report in August 2024. Land temperatures had been the warmest on report, whereas sea temperature was the second-warmest, US climate company Nationwide Atmospheric and Ocean Administration (NOAA) mentioned on Thursday. Within the month-to-month local weather replace, Ahira Sanchez-Lugo Climatologist, NOAA Nationwide Facilities for Environmental Data … Read more
The federal government on Thursday held a round-table dialogue with CEOs and representatives of main packaged meals corporations over considerations surrounding the convenience of doing enterprise, GST charges, PLI scheme and different regulatory challenges. Over 100 senior executives and CXOs attended the closed-door assembly, which was chaired by Commerce Minister Piyush Goyal together with Minister … Read more
India’s corporates have to take “possession” and take part in apprenticeship and ability improvement programmes, Jayant Chaudhary, Union Minister of State (Impartial Cost) for Ability Improvement and Entrepreneurship, mentioned on Thursday. Based on him, governments alone can not create a talented labour power; there’s “want for partnership or possession from business, together with corporates.” Of … Read more
Union Labour Minister Mansukh Mandaviya on Wednesday set a three-month goal to onboard all aggregators, gig employees and platform employees onto the e-Shram platform. Additionally learn: Gig employee registration in e-Shram portal gathers steam To make sure an inclusive framework for social safety for gig and platform employees, Mandaviya directed the Ministry to type a … Read more
With advance tax collections rising over 22 per cent, the Earnings Tax Division’s direct tax mop-up topped 45 per cent of the Finances Estimate for the interval April 1 to September 17, authorities knowledge launched on Wednesday confirmed. With this, the federal government is hopeful of assembly and even exceeding the tax assortment goal for … Read more