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EPCH lauds Budget 2023, says it may benefit handicrafts sector

Feb 1, 2023

New Delhi – 01st February, 2023: The Union Budget for 2023-24 was presented by the Smt. Nirmala Sitaraman, Union Finance Minister in the Parliament on 01.02.2023. Rakesh Kumar, Director General-EPCH said, the budget aims to facilitate economic growth and some of the measures that may benefit handicrafts sector include the following: • PM…

Budget 2023-24 Balanced but Tepid for Real Estate

Feb 1, 2023

The new measures announced in the Union Budget 2023-24 may certainly help unleash Indian economy’s potential. However,

Business

Reliance Retail Set to Disrupt Value Apparel Market with Launch of New Fashion Brand

Feb 1, 2023

Reliance Retail, India's largest retailer, is reportedly planning to venture into the value apparel space with the launch of a new fashion brand. The brand is expected to offer affordable and trendy clothing options to customers, and will…

Automobile & Aviation

Maruti Suzuki sales in January 2023

Feb 1, 2023

Maruti Suzuki India Limited sold a total of 172,535 units in January 2023. Total sales in the month include domestic sales of 151,367 units, sales to other OEM of 3,775 units and exports of 17,393 units. The shortage of electronic…

Business

JK Tyre further strengthens its position in Off-the-Road (OTR) Tyre segment

Jan 31, 2023

JK Tyre, one of the country’s leading tyre manufacturer has been at the forefront of driving innovation across segments in the Indian tyre industry and taking this commitment forward

Business

NTPC depicts Sustainable Transition of the Indian Power Sector

Jan 31, 2023

As a part of the G20 summit, NTPC Ltd., the country’s largest integrated energy company, is showcasing its sustainable transition towards Green Energy by participating at the Nature Nurture Exhibition,

Business

Volvo Construction Equipment showcases EC55 Electric Compact Excavator at bauma 2023 At India Expo…

Jan 31, 2023

Volvo Construction Equipment showcases an eclectic mix of machines focussed on road & retail segments at bauma CONEXPO at India Expo Centre, Greater Noida / Delhi NCR between January 31st & February 3rd, 2023.

Business

Vedanta Likely to Retain Controversial Copper Smelter Amid Difficulty in Finding Buyer

Jan 31, 2023

Vedanta, one of India's largest mining and metals company, is likely to abandon plans to sell its mega copper smelter in the southern state of Tamil Nadu. The company had announced its intention to sell the facility in 2019, amid…

Business

Twitter Makes First Payment on Elon Musk Buyout Debt, Signals Financial Stability

Jan 31, 2023

Twitter has made its first interest payment on the debt used to finance its buyout by Elon Musk. The payment, which was made on time and in full, marks a significant milestone for the social media giant, which has been working to reduce its…

Business

Yokohama Rubber’s ADVAN tires coming factory-equipped on Toyota’s new GR Corolla

Jan 31, 2023

The Yokohama Rubber Co., Ltd., announced today that it is supplying its ADVAN APEX V601 tires as original equipment for Toyota Motor Corporation’s new GR Corolla,

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