TRENDSPOTTING
EMISSION IN REMISSION
UK-based digital freight platform Zeus Labs eyes Indian market
A new interface available to hauliers in European countries is working on tailoring its next-gen model to tap into haulage opportunities in India.
INSIGHT
India’s helping hand for Sputnik will help heal the world
Collaboration for producing Sputnik vaccines in India showcase the country’s manufacturing capabilities.
VIDEOS
Budget 2021 gives stability to institutional investors
In this exclusive interview with ‘India Global Business’ Mukesh Aghi, President and CEO of US India Strategic Partnership Forum shares his insights on budget 2021, the Biden Presidency and the challenges the US India partnership will need to overcome.
NEWS IN BRIEF
Ola to deploy ABB robotic solutions at mega-factory for e-scooters
India's largest mobility platform Ola said on Thursday it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the much-anticipated Ola electric scooter.
Japan’s top soy sauce brand Kikkoman enters India
The world's leading producer of naturally brewed soy sauce, Kikkoman Corporation, today announced the official launch of Kikkoman India Private Limited, a wholly-owned subsidiary that will expand its operations in India.
WayCool Foods and IIFPT collaborate to develop solutions for reducing food wastage
WayCool Foods has signed a 1-year MoU with Indian Institute of Food Processing Technology (IIFPT) to develop sustainable and optimal technology for enhancing the shelf life of selected fruits and vegetables.
EDITOR’S CHOICE
THE BIG STORY
India Budget 2021-22 highlights – The key takeaways
The economy is projected to contract 7.7% in the current fiscal year, although the government forecasts growth of 11% for the coming fiscal year, after a massive COVID-19 vaccination drive and a rebound in consumer demand and investments.
INDIA BUDGET 2021-22 SNAPSHOT
India shares surge as budget 2021-22 focuses on growth; bond yields rise
Gains in ICICI Bank and IndusInd Bank after quarterly earnings lifted the Nifty Bank index 8.3% to an all-time closing high.
THE NUMBERS GAME
The fine print of the 2021-22 budget infrastructure push
To facilitate this infrastructure building spree, the Finance Minister announced a $2.75-billion outlay to capitalise a new development finance institution (DFI). That would build up a lending portfolio of about $70 billion within the next three years.
BUILDING IT BETTER
Budget 2021-22: Good news for financial services sector
Disinvestment targets seem to be more realistic while a certain amount of scrutiny needs to be paid to inflation and the only way out is speedy growth for the country.
ALL ABOUT THE MONEY
What they said about the Indian Budget 2021-22
Here are some reactions from Indian businesses, economists and analysts to Indian Finance Minister Nirmala Sitharaman’s 2021-22 Indian budget declarations.
CORPORATE SPEAK
PLI scheme can make India laptop, tablet hub
The recently launched production-linked incentive scheme for smartphone makers has already started paying rich dividends. Extending this to laptops, tablets could open up a $100-billion opportunity for India, reduce the trade gap with China and generate employment for millions.
