A technology industry foundation has joined forces with an open digital commerce platform to help female business owners in southern India expand their online sales reach. The Nasscom Foundation partnered with ONDC Network to bring 200 women entrepreneurs onto digital marketplaces, targeting sellers across 22 districts in Karnataka, from urban centers like Bengaluru to rural…
Manufacturing sectors expanded across Asian nations during October as festive spending and policy changes lifted activity, with India maintaining its position at the front of global rankings. The HSBC manufacturing index for India climbed to 59.2 from 57.7 the previous month, marking the fifth occasion in seven months the gauge exceeded 58, according to S&P…
The leading digital currency tumbled on Wednesday as widespread selling pushed prices temporarily under the $100,000 threshold during a global retreat from riskier investments. Bitcoin declined 3.7 percent to settle at $101,822 after reaching an intraday bottom of $99,010.06, marking its lowest point since mid-June and confirming entry into bear market conditions with losses exceeding…
India’s market for infrastructure investment trusts is expected to grow to Rs 21 lakh crore by 2030, according to analysis released on Wednesday. Asset manager Client Associates attributed the expansion to approximately $4.5 trillion required for infrastructure development over the next six years, along with government programs like the National Infrastructure Pipeline and greater institutional…
Younger employees are driving India’s professional training movement, with most actively developing capabilities in artificial intelligence and data analysis, a study released on Wednesday showed. The research from Deel, which handles international payroll and regulatory compliance, examined responses from 5,058 workers spanning three age categories and found that 96 percent of office professionals enhanced their…
SoftBank Group suffered a dramatic 13 percent plunge at the Tokyo Stock Exchange on Wednesday as technology sector turbulence shook market confidence. The Japanese conglomerate erased almost $50 billion from its total value across two trading sessions after dropping 7 percent the previous day. The decline reflected mounting anxiety about inflated prices for artificial intelligence…
India’s two largest cooperatives claimed the top positions in worldwide rankings, with Amul placing first and the Indian Farmers Fertiliser Cooperative Limited taking second spot. Union Home Minister Amit Shah praised both organizations on Wednesday for their global success, calling the achievement a proud milestone for the nation. Shah credited the accomplishment to efforts by…
India’s Commerce and Industry Minister Piyush Goyal arrived in New Zealand on Wednesday to assess developments in bilateral trade talks between the nations. The minister plans meetings with business executives and investors to identify partnership opportunities while evaluating negotiations for a comprehensive economic agreement. The fourth round of discussions began in Auckland on Monday and…
Gold remained weak on Wednesday following its steepest drop in more than a week as traders assessed dollar strength against widespread market caution. Spot prices held near $3,940 per ounce after falling almost 2 percent during the prior session, while the dollar index posted its fifth consecutive daily advance. Global stock markets continued their slide…
India ranked second globally for gold consumption during 2024, with demand reaching 802.8 tonnes, representing 26 percent of worldwide purchases and trailing only China at 815.4 tonnes, an SBI Research report said on Wednesday. The country relies heavily on imports to meet this appetite, with overseas purchases accounting for roughly 86 percent of total supply…
