Global trade is likely to slow in the final months of 2022 and into 2023, according to the latest World Trade Organization (WTO) Goods Trade Scoreboard report. The WTO cites global macroeconomic situations such as the Russia-Ukraine crisis, rising energy
India will see “significant economic activity” in the next decade due to the Open Network for Digital Trade (ONDC), record aggregation system and government measures like GST, FAStag and E-Way bills, according to the co-founder and chairman of Infosys Technologies,
Aditya Birla’s fashion and retail company TMRW on Monday acquired a majority stake in e-commerce startup Bewakoof Brands for a total of £200 million in cash. The apparel retailer will acquire 73-80% of the shares in Bewakoof through a combination
India’s Sensex stock index could hit 80,000 by the end of next year if the country is included in global bond indices and prices of commodities like oil and fertilizer fall sharply, analysts at Morgan Stanley said. The inclusion could
KOCHI, India, November 28 (Reuters) – More than 80 people were injured in southern India when villagers halting construction of a $900 million port clashed with police, the latest escalation of a months-long protest by a mostly Christian community Fishing
The Labor Department will launch an investigation to determine whether the recent spate of layoffs at Amazon India constitutes layoffs that violate labor laws or service conditions, according to people aware of the development. The ministry sent a notice to
Firms following the January-December performance cycle are forecasting lower wage increases overall for FY23 compared to FY22 despite inflation woes, according to data Deloitte India has shared exclusively with ET. However, not all industries will experience a cut in wage
KOCHI, India, Nov 26 (Reuters) – Protesters at a fishing community blocked attempts by India’s Adani group to resume work at a $900 million transhipment port in southern India, a company spokesman said on Saturday, prolonging a shutdown that was
The Reserve Bank of India has asked an entity of Paytm to resubmit its application for a permit needed to provide payment aggregator services, a potentially lucrative business the company is trying to expand into. RBI asked Paytm Payments Service
HDFC Ltd Chairman Deepak Parekh said on Friday HDFC Bank is awaiting the Reserve Bank of India’s response to its request to ease investments in the mortgage lender’s subsidiaries. In April of this year, HDFC Ltd announced a merger with