NITI Aayog has launched an index to rank States and UTs that is based on implementation of seven provisions proposed under model APMC (Agricultural Produce Market Committee) Act, joining eNAM initiative, special treatment to fruits and vegetables for marketing and level of taxes in mandis. These indicators reveal ease of doing agribusiness as well as opportunities […]
Category: Market
Vietnam: Made In India cars mesmerise the nation
Made in India cars are being lapped up at an increasing rate in Vietnam. As per the latest statistics issued by General Department of Vietnam Customs, India is now the third biggest exporter of cars to Vietnam, after Thailand and South Korea. India exported 11,103 units in the first nine months of this year at […]
India jumps 19 places in World Bank’s Logistics Performance Index
It is good news for India! The World Bank has recently released a Logistics Performance Index (LPI) 2016 report titled “Connecting to Complete 2016”. The Logistics Performance Index Report is published by World Bank every two years. India has now been ranked 35 amongst 160 countries compared to rank of 54 in LPI 2014. This […]
Ola Lays Off 700 Employees After TaxiForSure Shutdown
Popular cab service Ola has reportedly shutdown TaxiForSure (TFS) as it intends to reduce the cash burn in an intensively competitive market. Although the company has refused to divulge any details on the number of employees losing their jobs, it is estimated that 500 – 700 jobs will be cut. An Ola representative who refused […]
PC Market Share: Apple Slips, HP Gains
The slump in the PC market has stumped us all. About a decade ago, anyone who would have prophesized that PCs will go out of favor would have been called a fool. But, the harsh reality is that smartphones have taken over the world as the preferred communication/entertainment device, and are causing pain to PC […]
Philippines PC Market Continues To Boom
While a majority of other regions are struggling to maintain their PC sales, Philippines is defying the trend to continue its outperformance, reports IDC. The PC shipments hit a record high in Q1 2016, reaching 518,645 units at a growth rate of 7% YoY. The infographic below clearly suggests that consumers are driving the PC […]
RBI Shows Interest in Blockchain Technology
The Reserve Bank of India is working on constituting a team to study the use of blockchain technology – the tech underpinning cryptocurrencies such as bitcoin – to reduce the use of hard cash, Moneycontrol reports. RBI Deputy Governor H R Khan said this during an event organized by the Institute for Development and Research […]
It’s a war: Twitterati fight Amazon-Flipkart war!
New Delhi, May 18, 2016: There is a war of epic proportions that is being fought on Twitter. Flipkart is under fire from Twitterati with #SoreLoserFlipkart trending almost the entire day today. But then, came the Indians who found the trend demeaning and pointless. It is not clear who paid for the trend but Amazon has […]