Articles for category: Business

Rajiv Sharma

Make in India Boost: Defense Exports Surge with Weapons Delivered to 90 Countries

Make in India Boost: Defense Exports Surge with Weapons Delivered to 90 Countries

India’s “Make in India” initiative is gaining global recognition, underscoring its growing prowess in defense exports. The progress can be seen as India now sells domestically manufactured arms to various countries, resulting in a significant surge in the nation’s defense exports. In the past decade, India’s defense export figures have skyrocketed by over 30 times. ...

Rajiv Sharma

Amul Surpasses America and China to Become World's Number 1 Milk Brand

Amul Surpasses America and China to Become World’s Number 1 Milk Brand

Amul Milk is a household name in India, famously recognized for its catchy slogan “Amul Doodh Peeta Hai India.” Leveraging its immense popularity in the country, Amul has successfully established its presence on a global scale. This iconic dairy cooperative has not only dominated the dairy market in India but has also garnered international recognition. ...

Rajiv Sharma

Impact of U.S. Recession on India's Diamond and Jewelry Exports

Impact of U.S. Recession on India’s Diamond and Jewelry Exports

The recent prediction of an economic recession in the United States, combined with ongoing global market challenges, has significantly impacted India’s gemstone and jewelry industry. The Gem and Jewellery Export Promotion Council (GJEPC) recently released a report indicating a decline in jewelry exports in July. The looming recession has prompted several diamond factories in Surat ...

Rajiv Sharma

Escientia Pharma Explosion: 18 Deaths and Global Impact

Escientia Pharma Explosion: 18 Deaths and Global Impact

In a tragic incident at the Escientia Pharma facility located in the Achyutapuram Special Economic Zone of Andhra Pradesh, a significant explosion occurred on Wednesday, resulting in the loss of 18 lives. Reports indicate that many other individuals sustained severe injuries, with around 60% of their bodies burned. This unfortunate event has sparked widespread concern ...

Rajiv Sharma

Seamless Travel: Delhi Metro-Mewrath RRTS - No More Ticket Hassles!

Seamless Travel: Delhi Metro-Mewrath RRTS – No More Ticket Hassles!

The Delhi-Meerut Regional Rapid Transport System (RRTS) is on the verge of becoming fully operational, providing significant relief for daily commuters traveling between these two significant hubs. This semi-high-speed train promises to complete the journey from Delhi to Meerut in just a few minutes. Currently, one segment of the route is already operational, and services ...

Rajiv Sharma

Paytm Reduces Board Member Salaries for Better Governance

Paytm Reduces Board Member Salaries for Better Governance

The fintech giant Paytm has taken significant steps to strengthen its financial condition and improve governance practices. Recently, the company announced a major decision ahead of its upcoming Annual General Meeting (AGM) scheduled for September 12, 2024. This announcement includes a proposal to reduce the annual compensation for its board of directors. Commitment to Good ...

Rajiv Sharma

Job Cuts in Private Sector Amid Economic Downturn: Key Report Insights

Job Cuts in Private Sector Amid Economic Downturn: Key Report Insights

The corporate sector in India is witnessing a significant decline in job opportunities, prompting concerns about the potential looming recession. While there have been reports of improvement in various global economies, the reality on the ground remains stark. The recent employment statistics from the United States have sent shivers across global markets, raising fears that ...

Rajiv Sharma

Infosys Announces 80% Bonus for Employees After Record Results

Infosys Announces 80% Bonus for Employees After Record Results

Infosys announces generous bonus for employees Introduction Infosys, India’s second-largest IT company, has made headlines with its decision to significantly reward its employees. Following the announcement of strong financial results for the first quarter of FY25, the company revealed plans to distribute bonuses of up to 80%. This move not only reflects the company’s robust ...