Economy

Retail market set for $1 trillion leap by 2030: Fireside Ventures

Representative image | Photo Credit: Blue Planet Studio India’s consumption story is entering a transformative decade, with the retail market on track to reach $1 trillion by 2030, driven by rising disposable incomes, rapid digital adoption and a widening aspirational class, according to a recent report by venture capital firm, Fireside Ventures. The venture capital […]

Economy

Skilling for India’s logistics leap

DELIVERING RESULTS: The logistics industry in India employs 2.2 crore people | Photo Credit: Parkpoom India’s logistics sector is a core driver of the economy. Valued at $215 billion in 2021, it is growing at over 10 per cent annually and is projected to triple to ₹120 trillion by 2035. Its importance has grown even […]

Economy

Tata Advanced Systems, Safran set up rotating parts manufacturing facility for the LEAP engine

A Safran LEAP-1A engine | Photo Credit: BENOIT TESSIER Tata Advanced Systems, in partnership with Safran Aircraft Engines, inaugurated a manufacturing facility at the Tata Centre of Excellence for Aero Engines in Adibatla, Hyderabad.  The facility will produce complex rotating parts for the CFM LEAP engine, including cutting-edge machining and special processes under one roof. The collaboration […]

Economy

India’s maritime sector set for a big leap with $200 billion by 2035: Mumbai Port’s M Angamuthu

M Angamuthu, Chairperson of Mumbai Port Authority, Visakhapatnam Port Authority and Dredging Corporation of India (file photo) | Photo Credit: DEEPAK KR India’s maritime sector has achieved significant progress in infrastructure expansion, trade facilitation, and human capital development over last one decade. Yet, there is a vast maritime potential to be harnessed as India can emerge […]

Bureau Veritas Accelerating Its LEAP | 28 Strategy With Two Signed Agreements for Acquisitions in Buildings & Infrastructure and Renewables

Business Wire India   Bureau Veritas, a global leader in Testing, Inspection, and Certification (TIC) services, announces that it has signed agreements to acquire two companies in Europe, reinforcing its leading position and expanding into high-potential markets: Sólida in the renewables sector, and London Building Control in the Buildings & Infrastructure market. These agreements underscore […]

ePayments leap 10x to Rs 11.3 lakh cr on Day 1, ETCFO

A scintillating start to Navratri ecommerce sales and the biggest GST cuts to date on big-ticket consumer items led to an unprecedented surge in digital transactions on the first day of the new tax regime. Reserve Bank of India (RBI) data showed the total value of transactions across electronic payment platforms soared to Rs 11.31 […]

Arunachal’s big leap: GST collections rise 700% since 2017, wider digital access and reforms fuel momentum

Arunachal Pradesh has witnessed a dramatic rise in Goods and Services Tax (GST) collections, with revenue climbing over 700 per cent in six years to nearly Rs 1,900 crore in 2023-24 from just Rs 227 crore in 2017-18, Deputy Chief Minister Chowna Mein said on Friday.Speaking at a BJP programme on GST reforms in Namsai […]

Economy

IRCTC bets on digital leap with Payment Aggregator Licence, AI Ads, OTA plans

The IRCTC’s online ticketing business has a clear dominance, accounting for nearly 88% of reserved railway bookings in Q1 FY26 | Photo Credit: NAGARA GOPAL The Indian Railway Catering and Tourism Corporation (IRCTC) is gearing up for a digital leap with plans to monetise its fintech foray. The company will ramp-up UPI-linked Credit Card-based ticket […]