Category: Business & Economics

NDA 3.0: A Golden Opportunity for Structural Reforms

Manish Kumar

As India enters a new phase under the NDA 3.0 government, expectations are high for transformative economic reforms. Former Reserve Bank of India (RBI) Governor D Subbarao has emphasized the need for the government to leverage its strong political mandate to implement crucial structural reforms. With the Union Budget 2025-26 set to be presented by Finance Minister Nirmala Sitharaman on February 1, India stands at a crossroads where decisive action can propel the nation towards sustained economic growth and job creation. Pushing the Economy Towards High-Growth Mode Subbarao highlights that…

Barclays to Wind Down Rise Fintech Accelerator Programme by Mid-2025

Manish Kumar

Barclays has announced the closure of its decade-old fintech accelerator programme, Rise, by mid-2025. Launched in 2015, Rise was designed to support fintech startups through mentoring, industry events, and fostering collaborations with the financial services (FS) sector. The bank cites the significant evolution of fintech over the past decade, from niche startups to mainstream industry players, as the reason for winding down the initiative. With hubs in London, New York, and a virtual community in India, Rise cultivated a global network and supported over 120 alumni, including WealthOS, a wealthtech…

Overwhelming Response Marks Bharat Mobility Global Expo 2025

Manish Kumar

The second day of Bharat Mobility Global Expo 2025 witnessed the launch of 56 new products from 22 different brands at Bharat Mandapam, Pragati Maidan, New Delhi and 5 launches at Yashobhoomi, Dwarka. Various advanced vehicles, cutting-edge mobility solutions, and the latest components were showcased ranging from super bikes, cars, to buses and even ambulances. On the second day at Bharat Mandapam, VinFast Auto India announced the launch of its first two electric vehicles for the Indian market, the all-electric Premium SUVs, the VF 7 and VF 6. BMW India launched the…

India’s Piyush Goyal Meets EU Trade Commissioner for Dialogue on Economic Security

Manish Kumar

Commerce and Industry Minister (CIM) Shri Piyush Goyal met with Mr Maroš Šefčovič, European Commissioner for Trade and Economic Security for a High Level Dialogue from 18-19 January 2025 in Brussels. This was the first in-person meeting between the two leaders, subsequent to the introductory video conference held in December 2024. The dialogue was marked by mutual respect, consideration towards each other’s sensitivities and was aimed at setting up a new framework for India-European Union strategic agenda in the area of trade and investments. The Minister underlined the commitment of…

PM Modi Opens Bharat Mobility Global Expo, Focusing on Future Mobility Solutions

Manish Kumar

Bharat Mobility Global Expo will host over 9 concurrent shows, 20+ conferences and pavilions. In addition, the Expo will also feature state sessions to showcase policies and initiatives in the mobility sector to enable collaboration between industry and regional levels. New Delhi: PM Narendra Modi on Friday inaugurated the Bharat Mobility Global Expo 2025, the largest mobility expo in India at Bharat Mandapam, New Delhi. The Expo will be held from 17-22 January 2025 across three separate venues: Bharat Mandapam & Yashobhoomi in New Delhi and India Expo Center &…

India Leads the Way in Shaping the Future at World Economic Forum 2025

Manish Kumar

The 55th World Economic Forum (WEF) Annual Meeting, set to take place from January 20-24, 2025, in Davos-Klosters, Switzerland, will shine a spotlight on India’s remarkable progress. From advancing AI and frontier technologies to expanding its renewable energy capacities and fostering global partnerships, India’s progress resonates with WEF 2025’s theme: “Collaboration for the Intelligent Age.”   With WEF 2025’s focus, India is at the forefront of exploring solutions across the five key workstreams—Reimagining growth, Investing in People, Rebuilding trust, Industries in the Intelligent age, and Safeguarding the Planet. With an…

India’s Economic Resurgence: A Bright Future Amid Global Challenges

Manish Kumar

India’s Economic Momentum India’s economy has emerged as a beacon of resilience and growth in the global landscape, showcasing robust expansion driven by private consumption, investment, and strategic policy initiatives. Amid global economic uncertainties, India has maintained a strong growth trajectory, reflecting its transformation into a powerhouse of manufacturing, services, and digital innovation. According to a recent UN report, India’s GDP is projected to grow at 6.6% in 2025, solidifying its position as the largest and fastest-growing economy in South Asia. Economic Growth Backed by Strong Fundamentals The UN World…

Small Vendor, Big Earnings: TN Pani Puri Seller Faces GST Probe

Manish Kumar

A pani puri vendor in Tamil Nadu has come under the scrutiny of the Goods and Services Tax (GST) authorities after reportedly receiving online payments totaling ₹40 lakh during the 2023-24 financial year. Under the GST regime, businesses with an annual turnover exceeding ₹20 lakh are required to register for GST and comply with its provisions. The substantial amount received by the vendor through Unified Payments Interface (UPI) transactions has raised suspicions about potential tax evasion, prompting the issuance of a GST notice. The incident has sparked discussions on social…

States Must Develop Action Plans for Better Logistics to Attract Investments: Piyush Goyal

Manish Kumar

New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, has urged states and the private sector to collaborate on developing action plans to enhance logistics operations and attract greater investments. Speaking at the release of the “Logistics Ease Across Different States (LEADS) 2024” report on January 3, Goyal emphasized the need for regional and city-level logistics plans to boost last-mile connectivity and transform India into a Viksit Bharat by 2047. Adopting the LEAD Framework Goyal called for the adoption of the LEAD framework—Longevity, Efficiency and Effectiveness, Accessibility and Accountability,…

Reliance Industries Celebrates 25 Years of Jamnagar Refinery: A Tribute to Vision and Leadership

Manish Kumar

Reliance Industries marked a significant milestone on Thursday, celebrating the 25th anniversary of its Jamnagar Refinery, renowned as one of the largest and most advanced refining facilities in the world. The event was a poignant and celebratory occasion, gathering employees, their families, and company executives to honor the refinery’s transformative journey and the legacy of its visionary founder, Shri Dhirubhai Ambani.   Nita Ambani, Founder and Chairperson of Reliance Foundation, delivered a heartfelt address, paying tribute to Dhirubhai Ambani’s enduring vision. She emphasized the pivotal role the Jamnagar Refinery has…