India’s real estate sector is set to undergo a remarkable transformation, with projections indicating it could become a $10 trillion market by 2047, playing a pivotal role in the nation’s economic future. This growth, driven by a variety of factors, including foreign investment, government reforms, and increased urbanization, will significantly enhance its contribution to India’s […]
Indian Real Estate to reach $10 Trillion by 2047 Read More »
Blinkit, owned by Zomato, is launching a new service called Blinkit Cafe, which will deliver quick snacks and beverages to customers. Initially, the service will be piloted in select cities and will include popular snacks like samosas, sandwiches, and even more complex items like pasta and noodles. This move puts Blinkit in direct competition with
Blinkit Set to Launch ‘Cafe’ for Quick Snack Deliveries Read More »
Delhivery, India’s leading logistics and supply chain solutions provider, has approved the allotment of 8.6 lakh equity shares under its Employee Stock Option Plans (ESOPs). This expansion comes just two months after a previous allotment of 6.15 lakh equity shares, reflecting the company’s commitment to rewarding its employees. The ESOP allotments are divided across three
Delhivery expands Employee Stock Option Pool with allotment of 8.6 lakh equity shares Read More »
Zouk, a Direct-to-Consumer (D2C) fashion brand specializing in vegan leather bags and accessories, is set to raise $10 million in its latest funding round, led by Aavishkaar Capital. The Mumbai-based company, founded by Disha Singh and Pradeep Krishnakumar, has seen rapid growth, offering handmade products that are 100% cruelty-free. Zouk, which raised $3 million in
Zouk secures $10 million in funding, led by Aavishkaar Capital Read More »
boAt, a leading consumer electronics company known for its audio devices, narrowed its losses by 47% in FY24, reducing them from ₹101 crore to ₹53.5 crore. Despite facing a 5% drop in revenue, bringing it down to ₹3,122 crore from ₹3,285 crore in FY23, the company managed to control costs and strengthen its EBITDA, showing
boAt cuts losses by 47%, revenue holds steady at ₹3,122 crore in FY24 Read More »
In the Fairwork India Ratings 2024, mobility giants Ola, Uber, and logistics firm Porter scored zero points, indicating the worst working conditions for gig workers among the platforms assessed. The report, compiled by IIIT-Bangalore and Oxford University, examined 11 major platforms across sectors like transportation, logistics, and food delivery, including Amazon Flex, Swiggy, Zomato, and
Ola, Uber, and Porter rank lowest in Fairwork India Ratings 2024 Read More »
India has become the largest market for AI mobile application adoption, accounting for 21% of global downloads in the first eight months of 2024, as reported by Sensor Tower. Over 2.2 billion downloads were recorded worldwide during this period, with popular AI apps like ChatGPT, Microsoft Copilot, and Google Gemini driving this surge. Despite India’s
India leads global AI app market with 21% of downloads in 2024 Read More »
The World Bank has revised its South Asia growth forecast for 2024 upward to 6.4%, up from the earlier estimate of 6.0%, driven by strong domestic demand in India and quicker-than-expected recoveries in countries like Sri Lanka and Pakistan. India’s economic growth forecast for the fiscal year ending in March 2025 was raised to 7%,
World Bank raises South Asia growth forecast to 6.4%, citing strong Indian demand Read More »
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the tenth consecutive meeting on October 9, 2024, with five out of six members voting in favor of the status quo. However, the MPC unanimously shifted its policy stance from “withdrawal of accommodation” to “neutral”, allowing
RBI holds repo rate at 6.5%, shifts stance to neutral Read More »
India and the United Arab Emirates (UAE) are set to create a food corridor with an investment of $2 billion aimed at catering to the UAE market and beyond, while also benefiting Indian farmers and generating employment, announced Union Minister Piyush Goyal. During the 12th India-UAE High-Level Task Force on Investment, Goyal revealed that a
A digital platform navigating the intersection of business, finance, and the global economy with a unique blend of pop culture, current events & everyday life.
