Gujarat’s Chemical Industry Drives India’s Economic Rise
The Indian chemical industry is highly diversified and covers over 8,000 commercial products. According to the National Investment Promotion & Facilitation Agency, Chemical and Chemical products-based sectors contribute approximately 8% of India’s GDP. Out of the various states, Gujarat’s chemical industry alone contributes 53% of India’s chemical manufacturing and export. The western states of Gujarat…
John David
Vertiv Successfully Launches Manufacturing Facility
Vertiv, a US-based provider of cooling solutions, critical digital infrastructure, and continuity solutions, successfully inaugurated its 3rd state-of-the-art manufacturing facility in Chakan, Pune. The facility’s sole purpose is to meet the increasing demands for data centres and supports rapidly growing infrastructure in India. According to the company, this is Vertiv’s 3rd manufacturing facility in India,…
Vipin
Alakh Pandey Success Story: The Founder Of Physics Wallah
Physics Wallah, you must have heard this name somewhere. It is India’s well known startup founded by Alakh Pandey which later turned out to be a unicorn. Physics Wallah helps aspirants prepare for the competitive exams online. Today, Physics Wallah competes head-to-head with ed-tech giants like BYJU’s, Vedanta, and Unacademy, and is considered one of…
Oil Rates Climb $2 Amid The Ongoing Conflict In West Asia
Recently, the war between Israel and Palestine has disrupted the international supply chain. The most affected trade is the oil trade, which has been uncertain since the war started. To add to the trade disruption, oil prices rose $2 per barrel on Tuesday to $78.12. The reason for this is the ongoing war and the…
Aman Goyal
India-Maldives Conflict: Why Tension is Mounting?
The Maldives is experiencing a boycott from its significant source of tourism revenue due to three of its officials making derogatory remarks about India’s Prime Minister, Narendra Modi. This has led to calls from Indian citizens and celebrities to avoid visiting the sun-soaked Maldives and opt for domestic beaches instead. The issue arose when Modi…
Himanshu
TN Global Investors Summit: Tata Power To Invest ₹70,000 Crore
In a bid to increase the green energy production in Tamil Nadu, Tata Power has vowed to invest ₹70,000 crore in the state. Tata Power made the announcement at the recently held Tamil Nadu Investor Meet 2024. This investment can very well be the biggest single investment by Tata Power in any state. Tata Power…
Yash Sharma
RBI Estimates India’s Annual Growth At 7% For FY2023-24
The Reserve Bank of India has estimated that the growth rate of India’s GDP in the fiscal year 2023-24 will be around 7%. Previously, the predicted growth was at 6.5%. The Indian economy grew more than expected, with 7.6% growth in the quarter ending in September and then recorded a growth of 7.8% in the…
Top Business News Round-Up From Asia
The development of Asia has speed up in the last few years thanks to emerging technology and the integration of AI. Read our Asian news round-up and stay up-to-date with all the latest developments from Asia. Singapore To See Acceleration In Its Economic Growth The Mastercard Economic Institute or MEI, has released a report, and…
Abdullah Ansari
Japan Rocks On New Year
No, it wasn’t alcohol that hit, but earthquake The way 2024 started for Japanese people will undoubtedly be etched in their memory as Japan’s West Coast experienced significant earthquakes and subsequent tsunami warnings on New Year’s Day, leaving a lasting impression on thousands of citizens. Unfortunately, the toll has been severe, with at least 92…
Chandan Kumar
Zomato Faces ₹402 crore Show Cause Notice Over Unpaid GST
The Indian food delivery giant, Zomato, on Wednesday received a show cause notice from the Directorate General of GST over non-payment of GST. The show cause notice was sent to the Gurugram-based food aggregator, demanding the company to answer why they haven’t paid a tax of over ₹402 crore on the food delivery charges along…
Shipra Prajapati