January 19, 2025
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Reliance’s Campa Cola Ventures into West Asia, Eyes Global Expansion

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Reliance Industries has introduced its cola brand, Campa Cola, to the export market, starting with Bahrain in West Asia. The brand, known for disrupting India’s carbonated beverage sector through low pricing and higher trade margins, plans a phased expansion to markets like Oman and Saudi Arabia before the summer season. This move positions Campa Cola […]Continue Reading
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Global EV Sales Surge by 25% in 2024, Driven by China and Europe

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Global sales of fully electric and plug-in hybrid vehicles rose by 25.6% year-on-year to over 17 million in 2024, bolstered by a record-breaking December and strong demand in China. December alone saw 1.9 million EVs sold, with China contributing 1.3 million vehicles, reflecting a 36.5% surge. European sales stabilized, with Britain surpassing Germany as the […]Continue Reading
Business Featured Latest News

Government Considering Hike in Minimum Pension for EPS-95 Pensioners

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The government is reportedly reviewing an appeal to raise the minimum pension for private-sector employees covered under the Employees’ Provident Fund Organisation (EPFO). Currently set at ₹1,000 per month, the Employees’ Pension Scheme (EPS-95) beneficiaries are seeking a substantial increase. A delegation of pensioners met Finance Minister Nirmala Sitharaman Continue Reading
Business Featured Latest News

Technical Glitches Disrupt GSTR-1 Filing Ahead of January 11 Deadline

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Businesses across India are facing challenges as the Goods and Services Tax Network (GSTN) portal encounters technical issues, delaying the filing of GSTR-1 returns for December 2024. With the January 11 deadline fast approaching, taxpayers have raised concerns about the portal’s unavailability, which has also hindered access to past data and the ability to respond Continue Reading
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Apple Fires Employees Over Alleged Misuse of Matching Grants Program; TANA Under Investigation

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Apple has reportedly terminated several employees of Indian origin in the US for allegedly exploiting its corporate matching grants program, according to the Times of India. The program allows Apple to match employee donations to eligible charities, but some employees allegedly fabricated donation records and redirected matched funds back to themselves. While reports Continue Reading
Business Featured Latest News

Gold Import Data Revised Downwards, Trade Deficit Narrows by $5 Billion

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The Directorate General of Commercial Intelligence and Statistics (DGCIS) has revised India’s gold import figures for November 2024 to $9.8 billion, significantly lower than the previously reported $14.8 billion. The $5 billion reduction was attributed to a “calculation error” caused by alleged double counting of gold shipments in warehouses following a Continue Reading
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India Reports First Cases of Human Metapneumovirus (HMPV) in Karnataka

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India has detected its first two cases of Human Metapneumovirus (HMPV) in Karnataka, the Ministry of Health and Family Welfare (MoHFW) announced. The infections were identified in a two-month-old girl and an eight-month-old boy, both with a history of bronchopneumonia and no international travel. While the girl has been discharged, the boy is recovering at […]Continue Reading
Business Featured Latest News

Tesla Reports First Annual Delivery Decline in Nine Years Amid Stiff Competition and Demand Slowdown

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Tesla has reported a 1.1% drop in yearly vehicle deliveries for 2024, marking its first annual decline in nearly a decade, with 1.79 million units sold, below analysts’ estimates of 1.806 million. Despite offering lucrative year-end incentives like interest-free financing and free fast-charging, the EV maker struggled to counter reduced European subsidies, growing Continue Reading

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