Business

Indian automakers grapple with waning demand

Indian automakers grapple with waning demand

December 28, 2024

The year has been a challenging ride for India’s automotive industry, with passenger vehicle sales stalling after years of steady growth. Despite aggressive promotions and festive offers, consumer interest seemed to hit a speed bump, leaving dealerships struggling with unsold i...

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Rapid growth of AI in India brings opportunities and challenges for workers

Rapid growth of AI in India brings opportunities a...

December 28, 2024

With over 500 million people employed across various sectors, India accounts for one of the largest work forces in the world. However, with artificial intelligence experiencing unprecedented growth over the past decade, both in terms of user adoption and technological advancement...

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LG Electronics, HDB dominate 2025 IPO pipeline

LG Electronics, HDB dominate 2025 IPO pipeline

December 25, 2024

Indian bourses are set to complete a stellar year in 2024, during which 317 initial public offerings (IPOs) raised INR 1.8 trillion, a 2.6-fold increase from 2023, aaccording to a report by Motilal Oswal. The initial public offerings spanned a diverse range of sectors, from techn...

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Wedding searches in India surge by 21 pc in 2024: Justdial

Wedding searches in India surge by 21 pc in 2024: ...

December 24, 2024

In a significant shift towards even greater opulence, Indian weddings are becoming more extravagant than ever. From January to November 2024, searches for wedding-related services witnessed a remarkable 21 pc surge nationwide compared to the same period in 2023, says Justdial, an...

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Weak consumption, low investment & inflation drag Indian economy

Weak consumption, low investment & inflation ...

December 7, 2024

Defying market expectations and rumoured pressure from the finance ministry, in its latest meeting of the Monetary Policy Committee (MPC), the Reserve Bank of India, the country’s central bank, has decided to hold the repo rate at 6.5 pc, citing continued high inflation that re...

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Indian wedding boom continues with 41 pc surge in marriages

Indian wedding boom continues with 41 pc surge in ...

November 24, 2024

India is gearing up for a wedding season like never before, with a 41 pc rise in weddings organised this year as compared to 2023. According to a report by Confederation of All India Traders (CAIT), about 4.8 million weddings are scheduled just for November-December 2024.  This ...

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Koelnmesse joins BALPro to drive sustainable innovation

Koelnmesse joins BALPro to drive sustainable innov...

November 23, 2024

In order to promote sustainable agriculture and sustainable food chain, as part of the need for the global food industry to shift towards sustainability, Koelnmesse, the organiser of Anuga and Anuga FoodTec, has joined hands with the German Association for Alternative Sources of ...

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Indian banks likely to adopt 5-day work week

Indian banks likely to adopt 5-day work week

November 15, 2024

A long-awaited shift in the work schedule for bank employees may soon become a reality, potentially transforming their work-life balance. Reports suggest that the agreement reached between Indian Banks Association (IBA), which clubs together all leading public and private sector ...

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Festive season sale sees 14 pc YoY growth in order volumes: Unicommerce

Festive season sale sees 14 pc YoY growth in order...

November 8, 2024

In a significant boost for e-commerce, the festive season sale concluded with a 14 pc year-on-year (YoY) increase in order volumes and an 18 pc growth in gross merchandise value (GMV) compared to Diwali 2023, says a report by Unicommerce, an e-commerce company. This strong perfor...

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Jio likely to hit stock markets in 2025 with largest-ever IPO

Jio likely to hit stock markets in 2025 with large...

November 6, 2024

In 2019, billionaire Mukesh Ambani hinted at the potential IPO of Reliance‘s telecom business within the next five years. Now, he has set his sights on listing Jio in 2025, with a probable target valuation exceeding USD 100 billion, the IPO may become India’s largest to d...

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