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PLI) for domestic manufacturing of auto components, semiconductors, and electrolysers, have reduced supply chain dependence on external sources and increased the country’s domestic manufacturing capabilities. Additionally, as global supply chains look to diversify their manufacturing and supply sources, the “friendshoring” strategy has provided a strong impetus to India’s manufacturing and export sectors due to its positive trade disposition and deep talent pool. India is revamping its logistics sector by integrating technological solutions like ICEGATE, ULIP, and E-way bills to automate and optimise processes. Digitalisation, augmented connectivity, and cutting-edge innovations such as Radio Frequency Identification (RFID) and Global Positioning System (GPS) are enhancing operational efficiency by providing transparency and reducing costs. A robust logistics sector drives economic integration by connecting regions and enabling seamless trade, which is essential for a strong national economy, allowing India to harness its full potential and achieve sustainable progress. In this context integrated logistics solutions with global connectivity are crucial for enabling emerging businesses to gain market access, scale up and succeed. Supporting emerging businesses with resilient supply chains

fog enveloped New Zealand’s Christchurch airport on Thursday (March 27) disrupting flight operations and throwing the travel plans of thousands of travellers out of gear. Airlines operating from Christchurch airport either cancelled or delayed their flights due to fog. According to a Christchurch Airport spokesperson, two flights were delayed at 8.40am on Thursday while by 10am the airport's website reported flights coming to Christchurch from Auckland and Nelson were cancelled. Among the affected airlines were Jetstar, which had to delay its flight from Auckland, and Air New Zealand. The latter had to cancel its flight to Invercargill due to fog and also divert some of them away from Christchurch. Just three weeks ago, Christchurch airport was rated as the best in a study of 3500 international travellers. New Zealand’s Queenstown Airport was in second position. Madeira Airport in Portugal ranked third with a score of 9.07. The study, involving 3500 international travellers, focused on airport experiences. Travelers rated airports based on factors like customer service and ease of navigation. Nineteen airports received sufficient reviews for inclusion in the rankings.

Subscribe to enjoy similar stories. When Arpit Mittal pivoted his third startup to focus on getting Indian kids unfamiliar with English to learn and speak the language, he was in for a few surprises. His Gurugram-based edtech startup SpeakX began seeing a surge in users from India’s tier 2 and tier 3 cities.

Victoria Panova, Head of the BRICS Expert Council—Russia, Russia’s Sherpa in W20, and Vice Rector at HSE University. “The new members of BRICS are settling in. BRICS partners are getting adjusted to the process BRICS, but it was decided not to go immediately further in terms of expansion. Instead, new partner category was introduced.

Subscribe to enjoy similar stories. Come the end of May or June, India’s provident fund (PF) subscribers will be able to withdraw money from their retirement kitties through UPI or ATMs, according to labour and employment secretary Sumita Dawra.

MUMBAI: Many mutual fund holdings go unclaimed because investors either fail to document them properly or do not inform their family members. To address this, the Securities and Exchange Board of India (Sebi) has introduced a mechanism that integrates mutual fund statements with DigiLocker, enabling nominees to access investment details when needed.

With nearly $11 billion in funding, India has emerged as the world’s third-largest startup ecosystem. Yet, this growth comes with challenges—around 5,000 startups shut down in 2024 due to funding constraints, scalability issues, market saturation, governance lapses, and policy hurdles.

The New York utility provider Con Edison has agreed to pay $750,000 and implement a series of anti-harassment reforms to settle a lawsuit over claims it discriminated against its female and nonwhite employees

Finance minister Nirmala Sitharaman Wednesday said «relentless action» is going on against wilful bank defaulters and that loan write-offs do not mean waivers as borrowers remain liable to repay their dues. «Banks continue to pursue recovery actions in written-off accounts using various mechanisms,» she said, responding to the discussion on Banking Laws (Amendment) Bill 2024 in the Rajya Sabha. The upper house, subsequently, gave its nod to the bill that seeks to provide options to the depositors for either successive or simultaneous nominations besides allowing public sector banks (PSBs) to transfer unclaimed shares, interest, and bond redemption amounts to investor protection fund besides other changes. The bill has already secured Lok Sabha's nod.

Walt Disney World’s Magic Kingdom is set to temporarily close one of its long-standing attractions this summer for a major overhaul. The famed Buzz Lightyear’s Space Ranger Spin will go dark in August and officials predict its rebuilding will finish in the following year. The enhancements to the ride experience will not be limited to basic maintenance, according to Michael Hundgen, who serves as creative portfolio executive producer at Walt Disney Imagineering. The maintenance work includes more than the original minimal operation. The enhancement stands as a cheerful makeover to this legendary ride, according to him.

Sonia Gandhi stated in the Rajya Sabha on Wednesday that the Pradhan Mantri Matru Vandana Yojana is “severely underfunded” and is not being disbursed to the entitled pregnant women. She demanded that the funds be increased and disbursed more efficiently to the intended beneficiaries. Raising the matter during Zero Hour, Gandhi said, “The non-fulfilment of maternity entitlements under the National Food Security Act, 2013, and the Pradhan Mantri Matru Vandana Yojana is a pressing concern. The National Food Security Act was passed by Parliament in September 2013 under the leadership of Dr.

AI-powered creator discovery and content recommendation features, along with enhanced creator insights for businesses on Instagram’s creator marketplace, designed to support brands working with creators. With millions of creators available through Instagram's marketplace, the potential to connect with creators who align with a brand’s narrative has grown significantly. India stands out as the largest community of Instagram creators, also leading globally in the production of Reels.

Maharashtra government will expand the network of 'Aaple Sarkar Seva Kendras', Information Technology Minister Ashish Shelar informed the Legislative Council on Wednesday. Shelar emphasised the decision aims to ensure faster and more convenient delivery of government services to citizens in both rural and urban areas.

Indian Railways' network with an endeavour to ensure smooth and uninterrupted services, Railway Minister Ashwini Vaishnaw said in a written reply in the Lok Sabha on Wednesday. Vaishnaw responded to questions raised by parliamentarians on complaints filed by MPs, MLAs, ministers and public representatives against corruption in the award of contracts for base kitchens by the Indian Railway Catering and Tourism Corporation Limited (IRCTC) and issues related to that. «On an average, 16 lakh meals are served per day on the Indian Railways' network. It is the endeavour of Indian Railways to ensure smooth and uninterrupted services of such a large volume of meals to passengers. Further, necessary measures are put in place from time to time to improve overall services to passengers,» Railway Minister said. He added that with the objective to bring improvement in the quality and hygiene of food in trains, the Railway Ministry issued instructions for the stipulation of supply of meals in trains only from designated base kitchens.

As part of the Spring Statement documents, it revealed that trading is expected to begin later in the year. Spring Statement 25: OBR halves UK growth forecast to 1% for 2025 Following the unveiling of the secondary legislation, the Financial Conduct Authority will publish its rules and establish the PISCES Sandbox. Additionally, HM Revenue & Customs (HMRC) has provided some clarity on the tax implications associated with trading on the private exchange, after issues were raised in response to the consultation last year. In 2024, during the Autumn Budget, it was revealed that PIS...

The statement served as more of an update for the UK's economic health, as opposed to a budget, reflecting the chancellor's desire to have «one major fiscal event per year». Reeves offered an update on last week's proposed welfare reforms. The proposed reforms were announced by Liz Kendall and focused on delivering personalised support to sick and disabled people who can work to get the jobs they «need and deserve». Proposed savings to incapacity and disability were at £5bn before the end of 2030, and Reeves provided the news that final costing had been examined by Office for Budget R...

Subscribe to enjoy similar stories. New Delhi: Bengaluru-based Toyota Kirloskar Auto Parts Pvt Ltd has become the first component manufacturer and the fourth overall company to receive incentives under the production-linked scheme for automobiles and auto components, as per the ministry of heavy industry on Wednesday. The ministry posted an infographic on its official handle on X about the PLI Auto scheme, and mentioned Toyota Kirloskar Auto Parts (TKAP) alongside Tata Motors Ltd, Mahindra & Mahindra Ltd, and Ola Electric Technologies Ltd, all entities which have received PLIs under the ₹25,938-crore scheme to promote domestic auto manufacturing.

the Atlantic on Wednesday released the entire Signal chat among senior national security officials. The 'leaked' group chat shows Trump's Defense Secretary Pete Hegseth provided the exact timings of warplane launches and when bombs would drop against Yemen’s Houthis this month on behalf of the United States.

Zypp Electric has reduced its workforce by around 10% over the past two months as it works toward profitability ahead of a potential public listing. In January, the company had around 1,300 employees, which has now come down to around 1,180-1,190, according to a statement from the company. “Basically, this was not a layoff. We conducted an appraisal exercise in February, during which we looked at some rationalisation of non-performers to drive efficiency. This is part of a sustainable, profitable growth plan. As you build a business, you keep looking at its structure, and wherever some rationalisation is needed to enhance profitability and growth, you make those adjustments. That is what we continue to do,” he said.

Supreme Court on Wednesday directed all states and union territories to set up a grievance redressal mechanism for addressing complaints against misleading advertisements that «can cause great harm to society.” A Bench comprising Justices Abhay S Oka and Ujjal Bhuyan said that the 1954 Act against misleading advertisements of medicinal or other such products is more than 70 years old, it is yet to be properly implemented in its „letter and spirit“. It asked the state governments to create grievance redressal mechanisms in two months so that members of the public can lodge complaints about the objectionable advertisements prohibited under the Act, the court said, adding the grievance mechanism may provide for making complaints either on a toll free number or by email. “As soon as complaints are received, the same shall be immediately forwarded to the concerned officers to take action under the said provision. If the officer finds that there is a contravention, he shall lodge a complaint with the jurisdictional police station so that FIR is registered and criminal law is set in motion,” the court said. It asked the states to appoint in one month an adequate number of gazetted officers that have the power to search and seize any advertisements which have contravened provisions of the 1954 Act, which prohibits misleading advertisements.