Blinkit, quick commerce arm of Zomato, has launched large order fleet in Delhi and Gurugram. Earlier in April, Zomato had launched a similar service to cater to gathering of up to 50 people. The announcement was made by Blinkit CEO Albinder Dhindsa on social media platform X. Also ReadBudget 2025: Deloitte says FM Sitharaman should
The steel ministry has firmed up a plan to bring all steel grades consumed in the country – whether domestically manufactured or imported – under strict quality control norms, official sources said. The move is with the twin objectives of improving the quality of infrastructure and assorted hardware manufactured in the country, and putting curbs
IT services companies are projected to see a gradual recovery in the October-December quarter, driven by stronger demand in the banking, financial services, and insurance (BFSI) sector, as well as a reduction in project cancellations, shorter furlough periods, and easing macroeconomic uncertainties. While growth is expected to remain modest on a sequential basis, the outlook
While Finance Minister Nirmala Sitharaman is all set to table the Union Budget 2025-26 on February 1, 2025, Deloitte maintained that the government is expected to introduce measures that would help boost private consumption going forward. If the slowdown of private consumption continues, it will further delay the revival of the private capex cycle and
Rossell Techsys Ltd., a leader in aerospace and defence solutions, is on a strategic growth trajectory as it positions itself for expansion into new sectors and geographies. Known for its expertise in designing, developing, and manufacturing high-performance assemblies and systems integration, the company is now setting its sights on the rapidly growing space and energy
With food companies navigating increasing input costs, especially in oils and fats, they continue to innovate more on health and wellness products as consumers today are prone to spending more on healthier foods, stated a report by GlobalData. There has also been a growing focus on products that cater to consumers’ busy lifestyles, emphasizing the
– By Ashwani Narang In the mercurial world of business, uncertainty is a constant companion, and ready to dive at the most unexpected moments. A universal truth emerges: no business is invincible. The vulnerability of enterprises to unforeseen disruptions is most pronounced when they’re caught unprepared. The business landscape is interrupted by phases, where companies
While Indian IT firms may be relieved that proposed changes to the H-1B visa programme are unlikely to be made more restrictive, the adjustments could still significantly alter their cost structures, hiring strategies, and workforce dynamics in the United States, their largest market. The proposed revisions, which include raising minimum wage requirements and introducing additional
The Indian retail sector continues to witness robust growth, driven by macroeconomic factors of rapid urbanization, rising affluence, and evolving consumer preferences. According to the latest RELEAP report by ANAROCK Retail, the sector has seen significant leasing momentum, with demand consistently outpacing supply for the third consecutive year. Key Highlights: Leasing Momentum: In 2024, over
8th Pay Commission: Ever since the government announced the new pay commission, there has been an ongoing debate around the fitment factor, basis of which the revision in the salary and pension of central government employees and retirees will be decided. As reports suggest, the fitment factor under the 8th Pay Commission could be anywhere
In a major setback for telecom majors – Vodafone Idea and Bharti Airtel – government sources have confirmed to CNBC TV18 that Adjusted Gross Revenue (AGR) waiver is no longer under consideration. Media reports had earlier stated that the government is considering waiving 50 per cent interest and 100 per cent of penalties and interest
Salaries are predicted to grow at a slightly slower rate in 2025, with an average increase of 9.4%, down from 9.7% in 2024, according to a survey by Omam Consultants, a human resources consulting firm. Industry-wise salary growth projections Industries such as automotive, fast-moving consumer goods (FMCG), and pharmaceuticals are expected to experience double-digit growth.
The fast-moving consumer goods (FMCG) sector is expected to see revenue rebound 100 to 200 basis points (bps) to 6-8 per cent in fiscal 2026 in comparison with a more modest 5-6 per cent expected in fiscal 2025, stated a report by Crisil Ratings. This will be led by volume rise of 4-6 per cent
