New Delhi, April 26 (IANS) India’s fast-growing digital market, if left unregulated, can seriously damage the country’s traditional retail structure, which remains one of the largest generators of self-employment and jobs, the Confederation of All India Traders (CAIT) said on Sunday, urging the government to roll out an enforceable National E-Commerce Policy to protect crores of small traders, neighbourhood shops, and the livelihoods of crores of employees.In a letter sent to Union Commerce …
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Mumbai, April 24 (IANS) Mukesh Ambani-led Reliance Industries Ltd on Friday declared a net profit of Rs 20,589 crore for the fourth quarter (January-March) of 2025-2026 and declared a dividend of Rs 6 per share.The company’s profit after tax and share of profit/(loss) of associates & JVs decreased by 8.9 per cent year-on-year during the quarter, according to the company statement.RIL’s gross revenue increased by 12.9 per cent year-on-year to Rs 325,290 crore during Q4. Strong business mo…
New Delhi, April 23 (IANS) The Central Board of Secondary Education (CBSE) has released the date sheet for the second phase of the Class 10 board examinations, which will be held from May 15, and offers students an additional opportunity to improve their scores.The CBSE has introduced a system of conducting Class 10 board examinations twice a year from this year onwards. However, appearing in the second examination remains optional for students.Students who are not satisfied with their performan…
Abu Dhabi, April 17 (IANS) The Indian diaspora in the Gulf emerged as a quiet but powerful force during the recent turbulence in West Asia amid uncertainties across energy markets, logistics networks, and expatriate communities. Often measured in economic terms through remittances and labour statistics, the Indian community demonstrated a far deeper reality defined by resilience, solidarity, and an ability to stabilise both host societies and fellow migrants in crisis situations, a report detail…
New Delhi, April 17 (IANS) India is rapidly emerging as a global nerve centre for artificial intelligence (AI) in the retail and consumer packaged goods (CPG) sectors, driven by the growing scale and strategic evolution of Global Capability Centres (GCCs), according to a report.As per the analysis of DS Stream, the nation currently hosts over 1,800 GCCs employing nearly 2 million technology professionals, with more than 70 per cent of these centres actively investing in AI-led capabilities acros…
New Delhi, April 17 (IANS) India’s logistics sector is projected to touch $362 billion by FY30 from $246 billion in FY25, growing at a CAGR of 8 per cent over rising consumption, expanding trade, as well as cost optimisation and efficiency gains from key government schemes, a report said on Friday.The report from Brickwork Ratings projected freight volume to exceed 7,100 million tonnes by FY30 from roughly 5,000 tonnes in FY24, at a CAGR of 6.1 per cent.“Manufacturing, construction, e-commer…
New Delhi, April 16 (IANS) Private equity investment in Indian real estate rose to $637 million across nine transactions in Q1 2026, marking a 2.1 times increase from $300 million seen in Q1 2025, a report said on Thursday.The report from real estate consultancy Knight Frank India said office assets led investment activity, drawing $529 million or 83 per cent of total inflows across four transactions.All deals involved stabilised, income-generating assets, indicating a clear investor preference …
New Delhi, April 10 (IANS) Artificial Intelligence (AI) could help companies globally increase revenue from general trade sales channels by 15 to 20 per cent, a new report has said.The report from Boston Consulting Group (BCG) said AI-powered firms use cases in sales planning, execution, and operations including AI-powered sales companion and 24/7 digital sales agent to boost sales.AI can integrate structured data such as billing records and loyalty data with unstructured inputs including store …
New Delhi, April 8 (IANS) The domestic e-commerce market is expected to grow by more than 150 per cent within four years, driven by the addition of 150 million new digital shoppers and a doubling of per capita spending, according to a new report.According to the joint report by Google and Deloitte, the online business market is undergoing a major transformation and projected to grow to $250 billion by 2030 from about $90 billion at present — a 177 per cent jump.The report also highlighted that …
Seoul, March 29 (IANS) Major commercial districts in Seoul saw a sharp rise in foreign visitors on the day of BTS’ concert in the capital earlier this month, with Seongsu-dong emerging as a new shopping hub, industry data showed on Sunday.More than 78,000 foreigners visited Jung Ward, home to the popular Myeongdong shopping district, on March 21, when BTS held its comeback concert at Gwanghwamun Plaza in central Seoul, up 15.1 percent from a year ago, according to data compiled by a statistics p…