India`s August retail inflation above economists` expectations at 3.65% y/y

India's August retail inflation was slightly higher than economists' expectations, on the back of a sharp rise in vegetable prices, according to government data released on Thursday. Annual retail inflation was 3.65% in August, compared with a revised 3.60% in July. Economists polled by Reuters had forecast August inflation at 3.5%. India's key inflation gauge … Read more

Amazon India creates over 1.1 lakh seasonal job opportunities in India

Amazon India on Thursday announced it has created more than 110,000 seasonal job opportunities across its operations network ahead of the upcoming festive season.  The e-commerce major has hired thousands of women associates as well as close to 1900 persons with disabilities (PWD) into its existing network. The company said it has already onboarded a … Read more

Cardiac, antimalarial therapies drive Indian pharma market growth in August

Driven by cardiac, antimalarial, and gastrointestinal therapies the Indian pharmaceutical market has seen more than 6 per cent growth in the month of August, according to a report.  The report by market research firm Pharmarack showed that the pharma market growth surged as these therapies registered nearly double-digit value growth. While cardiac and antimalarial therapies … Read more

India plans to increase women`s participation in aviation sector to 25pc by 2025: Ram Mohan Naidu

Union Minister for Civil Aviation, Ram Mohan Naidu highlighted India's ambition to increase women's participation in aviation to 25 per cent by 2025.  Addressing the two-day Asia-Pacific Ministerial Conference on Civil Aviation (APMC) that will end on Thursday, Ram Mohan Naidu stated that the conference reflects the shared vision of the Asia-Pacific region to build … Read more

VC firm Accel to invest up to $1 million in pre-seed startups in AI, Bharat

Leading global venture capital firm Accel on Thursday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme. Selected startups will receive up to $1 million in funding through equity or convertible note, and access perks worth more than $5 million from Accel’s network partners.  Building on the success of … Read more