Indian 2-wheeler industry sees 22 pc growth in September, as rural consumption rises

Driven by rising rural consumption, the two-wheeler (2W) industry in India saw 22 per cent growth (year-on-year) in the month of September, according to a report on Thursday.  Three-wheelers (3W) saw eight per cent growth while tractors witnessed three per cent, as per the report by BNP Paribas India. While retail demand appears mixed, original … Read more

India jumps 79 positions in World bank`s Ease of doing business Index: Amitabh Kant

Applauding the Insolvency and Bankruptcy Board of India (IBBI) for the noteworthy achievements of the Insolvency and Bankruptcy Code (IBC) in the short span of 8 years, India's G20 Sherpa and Former CEO of NITI Aayog Amitabh Kant has highlighted that India's global ranking in World Bank’s Ease of Doing Business Index improved significantly, jumping … Read more

Government considering tweaking regulatory norms for MedTech and pharma sectors: Niti Aayog member

Niti Aayog member (Health) VK Paul has said that the government is considering tweaking regulatory norms for MedTech and pharma sectors and sought industry inputs for the same. He said with changing times the regulatory framework also needs to be worked upon. He noted that under the ages of principal scientific adviser to the Government … Read more

Adani Group, Google join hands to drive clean energy adoption in India

The Adani Group and Google on Thursday announced a collaboration that will advance the companies’ collective sustainability goals and add more clean energy to the national grid.  The Adani Group will supply clean energy from a new solar-wind hybrid project located in the world’s largest renewable energy plant at Gujarat's Khavda. The new project is … Read more

62pc of Indian professionals believe AI is key for growth at work

About 62 per cent of professionals in India are convinced that getting ahead in their career now depends on their comfort with Artificial Intelligence (AI), according to a new report on Thursday.  The report from networking platform LinkedIn showed that as jobs evolve, the biggest opportunity for workers in India is integrating AI into daily … Read more

Office space transactions in India see 18 pc growth in July-September, GCCs lead

 Led by global capability centres (GCCs), office space transactions in India reached 19 million square feet in the July-September period (Q3) — an 18 per cent year-on-year increase, a report showed on Thursday.  This is the highest quarterly absorption since Q1 2018. The year has already registered leasing of 53.7 million square feet, 27 per … Read more

Rupee weakens against US dollar on Thursday

Indian rupee weakened against the US dollar on Thursday tracking weakness in domestic equities and spike in crude oil prices amidst concerns over escalating tension in the Middle East, while robustness in the US jobs market backed the idea that the US Federal Reserve doesn’t need to rush to cut interest rates. Moreover, unabated foreign … Read more