U.K. Witnessed The Highest Insolvency In Four YearsÂ
The United Kingdom is facing a crisis as the corporate business insolvency rate is rising. The weak economic grip, along with rising interest rates and a surge in energy bills, all the reasons combined, is making businesses choose their way out. Firms in the United Kingdom are going bust, attributing to various reasons, including inflation…
WPI Inflation Rate Dropped 29-Month Low Of 1.34% In March
The Wholesale Price Index (WPI) inflation rate dropped to its 29-month low in March. Due to the moderation in the price of manufacturing goods and commodities, the inflation rate of goods was 1.34% in March from 3.85% in February. As per the data released by the Ministry of Commerce on Monday, the manufacturing items rate…
US Emerges As India’s Biggest Trading Partner For FY23
Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…
India Records A 14% Surge In Exports To Reach $770 Billion
India’s increasing role in a globalised world and vast growth in the service sector is reflected in its surge in exports and imports. The exports for the financial year 2022-23 turned out to be USD 770 billion, while the imports recorded a new high of USD 892 billion. These figures come when the movement of…
Leaders from Drone & Robotics in India 2023: Heroes Of Future TechnologyÂ
The utilisation of drones and robots for the inspection of machines is growing at a decent speed. In addition, these sophisticated machines are improving the safety and efficiency of construction, agriculture, and delivery. These factors have encouraged tech innovators to shift their focus toward the drone and robotics industry. Today the world is witnessing an…
An Additional USD 100 Million From General Atlantic For PhonePe
Decacorn fintech PhonePe is conducting ongoing fundraising of USD 1 billion, which has raised USD 750 million by far. The latest investment in this series comes from General Atlantic, who just contributed USD 100 million to the fundraising. Walmart Group is now very close to completing its set goal. Notably, General Atlantic invested USD 350…
Attractive Business Ideas For Introverts To Make MoneyÂ
Introverts are often misunderstood; rather they are powerful personalities and keep strong opinions. Despite what research says – they are shy and socially inactive- introverts are great business leaders and entrepreneurs. If you are reserved and looking for exciting business ideas for introverts, this article is for you. It will cover various startup suggestions, from…
General Motors To Invest In Lithium-Tech Startup EnergyX
On Tuesday, General Motors Co, a multinational automobile manufacturing company, announced its investment in lithium technology startup EnergyX. The automaker plans to invest $50 million to help EnergyX expand its business across South and North America. According to Reuters, the reason behind this move of General Motors is its plan to move into the mining…
5 Profitable Small Business Ideas For Infopreneurs In 2023
Do you have expertise in a specific niche that can help others succeed? You can easily turn this expertise into a profitable business. It is the time to start exploring less risky and profitable small business ideas for Infopreneurs. Today, people want easy-to-adapt solutions to their problems online and offline. To get that, people are…
India Records 1 Million EV Units Sales In FY 2023Â
The data released by the Society of Manufacturers of Electric Vehicles (SMEV) showed record-high sales for electric vehicles in India for the financial year 2023. The data showed that the EV industry had witnessed sales of 11,52,021 units, and this number increased by 58% compared to 7,26,861 units sold in the previous year. Out of…