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GLOBAL NEWS | Mon, 5 Jun 2023, 4:31AM IST Train travel in the country has gotten much safer, Fridays disaster notwithstanding, but the government still puts high-profile projects ahead of basic safety improvements, analysts say.

Continue reading at The New York Times

1h

INDIA NEWS | Mon, 5 Jun 2023, 3:50AM IST The startup engagement group of G-20 nations in Goa called for a $1 trillion commitment for the startup ecosystem in member countries by 2030, a statement said on Sunday.

Continue reading at The Financial Express

2h

INDIA NEWS | Mon, 5 Jun 2023, 3:45AM IST The terrible train mishap at Odisha's Balasore has exposed the grim reality that despite some improvement in recent years, the Indian Railways' safety infrastructure and systems aren't yet foolproof.

Continue reading at The Financial Express

2h

INDIA NEWS | Mon, 5 Jun 2023, 3:40AM IST The prices of base metals lost their shine over the past year as supplies recovered after earlier disruptions and rising input costs and increased availability of raw materials also played their part.

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2h

INDIA NEWS | Mon, 5 Jun 2023, 3:30AM IST The monetisation of public-sector brownfield assets unlocked capital worth Rs 1.4 trillion in FY23, up 44% on year. The achievement was against the target of Rs 1.62 trillion.

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2h

INDIA NEWS | Mon, 5 Jun 2023, 3:15AM IST The national e-commerce policy will seek to create a conducive environment for the overall development of the sector and boost exports, department for promotion of industry and internal trade secretary Rajesh Kumar Singh said.

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2h

INDIA NEWS | Mon, 5 Jun 2023, 3:00AM IST It uses biometric data safeguarded by cryptographic protocols.

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3h

INDIA NEWS | Mon, 5 Jun 2023, 2:45AM IST The aviation industry does not seem to have a fix to the sudden vacuum created by the exit of Go First as it grapples with capacity constraints leaving flyers to bear the consequence of free market dynamics with stubbornly high fares.

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3h

INDIA NEWS | Mon, 5 Jun 2023, 2:40AM IST The Nifty gained a mere 0.07% for the week gone by at 18,534.

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3h

INDIA NEWS | Mon, 5 Jun 2023, 2:30AM IST FMCG maker Emami is on the look out for more good acquisitions as well as strategic investment opportunities in start-ups ecosystem to grow its business.

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3h

GLOBAL NEWS | Mon, 5 Jun 2023, 2:20AM IST S&P Global restated a negative outlook for Frances ability to repay mounting debt. Two other ratings agencies have lowered their views in recent weeks.

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3h

INDIA NEWS | Mon, 5 Jun 2023, 2:15AM IST Many countries have rolled back subsidies with minimal impact on EV adoption: Alvarez & Marsal

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3h

GLOBAL NEWS | Mon, 5 Jun 2023, 2:10AM IST Like State Farm, which announced a similar move last week, Allstate cited worsening climate conditions that had made doing business there difficult.

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3h

INDIA NEWS | Mon, 5 Jun 2023, 2:00AM IST Green jobs to witness 15-20% year-on-year growth this decade, and studies show India can generate 30-32 million green jobs by 2050

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4h

INDIA NEWS | Mon, 5 Jun 2023, 1:45AM IST GST billing software is easy to use & eliminates manual data entry.

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4h

INDIA NEWS | Mon, 5 Jun 2023, 1:30AM IST Shows the way to address capitals pollution problem

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4h

INDIA BUSINESS | Mon, 5 Jun 2023, 1:24AM IST Advertising spending on the Indian Premier League (IPL), which includes TV and digital ads, has dropped by 20% due to the absence of some categories like betting, cryptocurrency and edtech, and a dramatic fall in viewership last year, said Viacom18 Sports' CEO Anil Jayaraj. He added that digital revenues were less affected as they were not dependent on certain categories. With the revenue mix having changed this year, the viewership on digital had a significant increase. The total advertising revenue for IPL this year has reportedly dropped to INR40bn ($536.8m) from INR40bn to INR50bn ($670m) last year.

Continue reading at Economic Times

4h

INDIA BUSINESS | Mon, 5 Jun 2023, 1:19AM IST In FY23, Tata Motors reported its best ever year in terms of dispatches to dealers at 5.4 lakh units. The company's wholesales grew around 45 per cent year on year as compared with FY22. Outlining the company's product related plans, Chandra said it would keep the excitement up with new interventions in existing brands and new product introductions.

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4h

INDIA NEWS | Mon, 5 Jun 2023, 1:15AM IST 1,000+ offline pharmacy stores added in FY23.

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4h

INDIA BUSINESS | Mon, 5 Jun 2023, 1:08AM IST The world is now under more pressure to become sustainable than ever before, Avendus said in the report, titled Circular Economy: Recycling Waste to Wealth. Therefore, there is a need to immediately implement policies to ensure the conservation of natural resources, reduction of waste, and reduced fossil fuel use so that the rate of climate change can be positively altered, it added.

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4h

INDIA NEWS | Mon, 5 Jun 2023, 1:08AM IST Recycling of plastics, electronic waste and batteries can constitute a $20-billion opportunity for India by 2030, investment banking firm Avendus Capital said in a report.The world is now under more pressure to become sustainable than ever before, Avendus said in the report, titled Circular Economy: Recycling Waste to Wealth. Therefore, there is a need to immediately implement policies to ensure the conservation of natural resources, reduction of waste, and reduced fossil fuel use so that the rate of climate change can be positively altered, it added.We believe that the recycling sector is at an inflection point owing to the rising focus on sustainability and the regulatory push, said Koushik Bhattacharyya, managing director and head, industrials investment banking, at Avendus Capital.Businesses are realising that being sustainable is the right thing to do and it also improves their perceived value among all stakeholders, with customers increasingly choosing brands based on their sustainability credentials and investors doubling down on their ESG (environmental, social, and corporate) mandates, Bhattacharyya said.100749606The sector will soon see a shift towards being organised and new companies will join the fray to solve bottlenecks at various legs of the value chain to enable Indias circular ecosystem, he added.However, despite the significant increase in awareness, the adoption of circular economy practices has been a key challenge. India is still increasingly relying on materials from virgin sources. It is estimated that in 2023, only 7% of all material inputs put back into the global economy are from secondary materials that are recycled into use. It was estimated that the percentage of materials recycled back into the economy in 2018 was 9%, and hence it is clear that circularity has seen a gradual decline globally over the last five years, the report said.100749609The recycling sector is fuelled by various tailwinds such as the new waste management rules which are largely based on the principle of polluter pays and has set various obligations on brand owners including for collection of waste and also for use of recycled content for the manufacture of fresh materials.Ashish Ahuja, vice-president, industrials investment banking, at Avendus Capital, said: Indias plastic waste recycling industry is expected to grow at a CAGR of 24% and reach $10.2 billion by FY30.This will be driven by the rising use of recyclable plastics, exponential demand in ecommerce and quick-commerce packaging and use in light-weighting of products.With the introduction of e-waste management rules and advanced recycling methods improving the recoverability of precious elements, e-waste recycling is most likely to grow at a 23% CAGR to touch $7.5 billion in the same period, Ahuja said.

Continue reading at Economic Times

4h

INDIA BUSINESS | Mon, 5 Jun 2023, 1:01AM IST TasteAtlas, the global guide for traditional food, has ranked Indian Kulfi and Falooda among the top 50 frozen desserts worldwide. Kulfi or Indian traditional ice cream with a unique conical shape ranked 14. Kulfi Falooda ranked 30 on the list with a 4.1 rating.

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4h

INDIA BUSINESS | Mon, 5 Jun 2023, 1:01AM IST TasteAtlas, the global guide for traditional food, has ranked Indian Kulfi and Falooda among the top 50 frozen desserts worldwide. Kulfi or Indian traditional ice cream with a unique conical shape ranked 14. Kulfi Falooda ranked 30 on the list with a 4.1 rating.

Continue reading at Economic Times

4h

INDIA NEWS | Mon, 5 Jun 2023, 1:00AM IST Leveraging logistics business expansion to achieve 13-17% growth.

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5h

INDIA BUSINESS | Mon, 5 Jun 2023, 12:54AM IST Sharing the details of the meetings, Sinha said India is seen as a leader in digital innovation and digital inclusion. As a result, the volume of financial transactions across various services, including payments, loans, and issuing of credit, has skyrocketed.

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5h

INDIA NEWS | Mon, 5 Jun 2023, 12:45AM IST PlantCam helps identify plants, flowers and diseases in a snap.

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5h

INDIA NEWS | Mon, 5 Jun 2023, 12:30AM IST Three simply ways to capture anything on Windows 11.

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5h

GLOBAL NEWS | Mon, 5 Jun 2023, 12:27AM IST Grail, which makes a blood test for cancer, said a vendors software issue caused inaccurate letters to be sent to about 400 customers last month.

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5h

INDIA BUSINESS | Mon, 5 Jun 2023, 12:26AM IST The Insurance Regulatory & Development Authority of India (Irdai), has asked all insurers to immediately contact the district administration or railways authorities for the list of those who have either lost their lives or have been injured.

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5h

INDIA BUSINESS | Mon, 5 Jun 2023, 12:25AM IST Oil ministry draws up plan to protect investors against expropriation after consultations with law and finance ministries, may present proposal to Cabinet soon.

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5h

INDIA BUSINESS | Mon, 5 Jun 2023, 12:23AM IST Welspun Group, which recently acquired Sintex-BAPL through the insolvency process, plans to reposition the company as India's leading water storage solutions provider, according to Chairman BK Goenka. The group will accomplish this with newer products and higher technology integration. Reviving the Sintex brand will enable the group to access the government's 'Nal Se Jal' scheme, a policy concerned with providing every household with tap water, and increase the use of B2C solutions. The group will present it as offering the entire product range via one channel and it aims to be leaders across the building material sector.

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5h

INDIA BUSINESS | Mon, 5 Jun 2023, 12:22AM IST The app, which completed a year on April 7, was given a new design as well as improved navigation and payment systems, resulting in its best growth phase on all counts, including revenue, said Pal, who was appointed Tata Digital CEO in 2019. He was with TCS before that for more than 27 years in leadership positions.

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5h
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