Business

Designed for Durability, Reworkability, and a Seamless Crafting Experience Mumbai  – Magic Needles, India’s leading brand in knitting, crochet, and handmade fashion, has launched its premium chenille yarn under its Hobby Store brand. This industry-first, Made-in-India innovation is available in three thicknesses (weights 4, 5, and 6) and 56 colours in each weight. The launch marks a major step in addressing challenges faced by Indian crafters, providing a low-shed, highly durable, and easy-to-work-with chenille yarn for the first time in the…

Safe Food for Healthy Life A “Two Days National Seminar cum Exhibition on Organic Farming” was organized by the National Centre for Organic & Natural Farming (NCONF), Ghaziabad, on 18-19 March 2025 at Ghaziabad. The program and exhibition were inaugurated by the Chief Guest, Sh. K.M.S. Khalsa, Director (Finance) – Ministry of Agriculture & Farmers Welfare, Government of India, along with Dr. Gagnesh Sharma, Director, NCONF, and Dr. A.K. Yadav, Advisor, Ministry of Agriculture & Farmers Welfare, in the presence…

The Agricultural and Processed Food Products Export Development Authority (APEDA)   commenced participation, showcasing India’s Agricultural offerings, Processed Foods and Alcoholic Beverage Products at the International Food & Drink Event (IFE) London, 2025 on 18 March 2025. A delegation of 16 leading Indian exporters from Gujarat, Punjab, Telangana, Haryana, Maharashtra, Bihar, Himachal Pradesh and Tamil Nadu amongst other states represented by 27 participants are showcasing a wide array of premium  products at the India Pavilion, providing a platform for business opportunities…

Government of India has undertaken following projects, with funding from Digital Bharat Nidhi (DBN), to increase telecommunication connectivity in remote areas :- The Government has taken several steps to increase 5G connectivity in the country, including in remote and tribal areas. These initiatives are listed as below:- i.          Auction of spectrum for 5G mobile services. ii.         Financial reforms to rationalize Adjusted Gross Revenue (AGR), Bank Guarantees (BGs) and interest rates. iii.        Removal of Spectrum Usage Charges for spectrum acquired in…

The Central Commerce Ministry’s investigation arm Directorate General of Trade Remedies (DGTR) has recommended the imposition of 12% provisional safeguard duty for 200 days on certain steel products with an aim to protect domestic players from a bizarre competition arising due to the surge in imports. Last year in December, the Directorate General of Trade Remedies (DGTR) started the investigation into the sudden surge in imports of ‘Non-Alloy and Alloy Steel Flat Products’, used in various industries, including fabrication, pipe…

The Institute of Actuaries of India (IAI), the premier professional body for actuaries in India, successfully kicked off the 24th Annual Global Conference of Actuaries with the theme “Actuarial Excellence in the Age of Disruption” at The Westin, Mumbai from 18 March 2025 – 19 March 2025. The event is a key platform for professionals from the insurance, pension, and financial sectors, allowing organisations to engage with key players in the industry and foster relationships and collaboration opportunities. The event…

Securities and Exchange Board of India (SEBI) partners with DigiLocker to reduce unclaimed assets in the Indian securities market and enhances investor protection DigiLocker now supports demat holdings, mutual fund statements and Consolidated Account Statement (CAS) Launches nomination facility for legal heirs with SEBI-Regulated by KYC Registration Agencies (KRAs) ensuring smooth asset transition The Securities and Exchange Board of India (SEBI) has issued a circular titled “Harnessing DigiLocker as a Digital Public Infrastructure for Reducing Unclaimed Assets in the Indian Securities Market” to…

Google will buy cybersecurity firm Wiz for USD 32 billion to boost the tech giant’s in-house cloud computing amid burgeoning artificial intelligence growth. The all-cash acquisition, announced on Tuesday, would be Google’s biggest in its 26-year history, and it is the biggest deal of 2025. Wiz will join Google Cloud, boosting Google’s in-house cloud security in the era of AI, the companies said. “Wiz and Google Cloud are both fuelled by the belief that cloud security needs to be easier,…

Skoda Auto plans to manufacture electric cars in India and will invest in the country by itself if its search for a local partner fails, the Czech carmaker’s CEO said, as its parent Volkswagen Group fights a $1.4 billion tax demand case. Volkswagen’s local unit Skoda Auto Volkswagen India is embroiled in a legal tussle with the country’s tax department over allegations that it misclassified imports of some Audi, VW and Skoda cars to evade higher duties. Volkswagen sues India…

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and financing of Pumped Storage Projects (PSP) in Kerala. The MoU was signed during the Global Green Hydrogen & Renewable Energy Summit 2025. Under this agreement, REC intends to finance ₹18,360 crore in the PSP segment in Kerala over the next five years. The MoU was exchanged by Shri Saurabh Rastogi,…