BUSINESS
India's services sector recorded robust growth in Feb: HSBC
This growth momentum also led to a significant increase in employment, with the creation of jobs at one of the highest levels since December 2005 when data collection commenced.
Nokia Exports Up to 70% of Its Telecom Gear Produced in India
This action further boosts the 'Make in India' program. Senior Vice President and Country Head at Nokia India, Tarun Chhabra, pointed out that the exports of the company vary between 30% and 70%, last year standing at 50%, mainly radio equipment.
India's services sector growth sees sharp uptick in Feb on new work orders amid strong demand: PMI
The HSBC India Services PMI Business Activity Index rose to 59.0 in February, bouncing back sharply from January's 26-month low of 56.5, indicating a firm rate of expansion.
Zomato's Deepinder Goyal 'made an inaccurate statement' about us, Says Zepto CEO Aadit Palicha
In the report, Goyal had estimated that the aggregate cash burn in the quick commerce industry was at about ₹5,000 crore every quarter. "Much more than half of this is by Zepto… Compared to that, our burn rate is significantly lower. In the last quarter, Blinkit burned about ₹35 crore every month on average," Goyal was quoted to have said.
Reliance Shares Fall as Delhi HC Overturns Arbitral Award Ruling
The controversy goes back to a 2018 international arbitration award, in which the KG-D6 Consortium, including RIL, BP Exploration (Alpha) Limited, and NIKO (NECO) Limited, was awarded around $1.55 billion against the Government of India (GOI) claims for gas migration from ONGC's blocks. The arbitral award was upheld by a single judge of the Delhi High Court in May 2023, but the GOI challenged the ruling.
HC Halts FIR Order Against Former SEBI Chief Buch and Five Others
Justice Shivkumar Dige noted that the order was made mechanically and no specific roles were assigned to the accused.
Credit Card Spending in India Rises 14% to ₹1.84 Lakh Crore in January
The research also highlights the effect of disorganisation in the workplace, with 56% of the respondents confessing to having had to do extra work because of disorganised colleagues. Moreover, 33% have had to redo work, highlighting how inefficiencies not only waste time but also impact team morale.
Watch| Anand Mahindra Shares Insights on Indian Street Design, Emphasizes Citizen Well-Being
He appealed to municipalities to implement a holistic approach to street design in urban areas, with an emphasis on aesthetics and size of pavements.
PLI Boost: FDI Equity Inflow in Manufacturing Soars 69% to $165 Billion
The remarkable development has been heavily boosted by the government's Production-Linked Incentive (PLI) scheme, officials have declared on Monday.
China Imposes Retaliatory Tariffs on US Imports
As per a Reuters report, US exports like soybeans, sorghum, pork, beef, aquatic products, fruits, vegetables, and dairy products will be hit by a 10% tariff in China. Moreover, the Chinese finance ministry has also confirmed that wheat, corn, cotton, and chicken will be hit by a higher 15% tariff.
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