Twitter is seeking to overturn some Indian government orders to take down content on the social media platform, a source familiar with the matter said, in a legal challenge which alleges abuse of power by officials. The U.S. company’s attempt to get a judicial review is part of a … Read more
Time has come for the Indian pharmaceuticals industry to move from ‘volume’ to ‘value’ leadership to capture global market and the government is committed to supporting companies with industry-friendly policies, Union minister Mansukh Mandaviya said on Saturday. Addressing an interactive session with Indian Pharmaceutical Alliance, the Minister for Chemicals … Read more
Acrisure Re, the reinsurance business of broker Acrisure LLC, said Wednesday that its facultative team has signed a preferred partnership broker agreement for Indian facultative business with Mahindra Insurance Brokers of Mumbai, a subsidiary of Mahindra & Mahindra Financial Services Ltd. The preferred broking agreement gives Mahindra Insurance Brokers access to Acrisure Re’s coverages for … Read more
Automotive dealers’ body FADA on Tuesday said the government’s move to bring a new car safety assessment programme on the basis of crash tests performance will not only make the Indian roads safe but it will also bring the country’s manufacturing at par with global standards. Lauding the government’s … Read more
The registration for the first batch of soldiers under the Agnipath scheme — a new short-term recruitment plan that recruits Agniveers in the armed forces — for the Indian Navy will start on July 1, Friday. Agniveers who wish to apply for the posts of Agniveer SSR and Agniveer MR will … Read more
Direct-to-consumer (D2C) brands are estimated to become a $60 billion industry by FY27, growing at a CAGR (compound annual growth rate) of about 40 per cent, according to a new report. The study was conducted by e-commerce enablement platform Shiprocket in collaboration with Confederation of Indian Industries (CII) and Praxis Global … Read more
The Indian gig workforce is expected to expand to 23.5 million workers by 2029-30, a near 200 per cent jump from the present 7.7 million workers, said a comprehensive report by Niti Aayog. The report ‘India’s Booming Gig and Platform Economy’, released on Monday, estimates that gig workers will … Read more
IRS officer Nitin Gupta has been appointed as the new CBDT chairman, a recent government order said. Gupta, an Indian Revenue Service (IRS) officer of the 1986 batch of the Income Tax cadre, is serving as the Member (investigation) in the Board and is scheduled to retire in September … Read more
India’s economy gathered momentum in May driven by pent up demand for services and higher output from industries as reopening continued from pandemic restrictions. Five of the eight high-frequency indicators compiled by Bloomberg News showed improvement, pushing the needle on a dial measuring so-called ‘Animal Spirits’ to 6, from … Read more
India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Commerce and Industry Minister Piyush Goyal said here on Sunday. If India grows at 8 per cent every year on a compounded annual growth basis, … Read more