Frederick W. Smith, the founder of FedEx, passed away at 80, leaving behind a transformative legacy in the logistics industry. Smith's innovative concept of overnight delivery revolutionized global commerce, establishing FedEx as a recognizable brand. His vision, born from a college term paper, overcame initial skepticism to reshape air cargo delivery and foster international trade.
Trump’s ‘drill, baby,drill’ narrative has brought drillers back into business as hiring focus is shifting back to fossil fuel
They are also banking on the government’s BharatNet project to be a growth driver
Electricity generation has increased from 1,168 billion units (BU) in 2015–16 to an estimated 1,824 BU in 2024–25.
Matter Motor is disrupting India's EV market with the Aera, a geared electric motorcycle designed to appeal to traditional riders seeking control and responsiveness. Founder Mohal Lalbhai emphasizes vertical integration to manage costs ...more
The exports stood at over $800 million in 2014-15. It was $1.28 billion in 2023-24 and $1.14 billion in 2022-23, the data showed
This is the first large-scale BESS project to be undertaken by NLCIL and marks a major milestone in India's transition towards clean, dispatchable, and flexible power systems
IT department has extended the last date of filing to September 15, 2025, though taxpayers must file as soon as possible to avoid last minute glitches and rush.
Having diversified its sources of imports, New Delhi is unlikely to lose sleep even if the Strait is shut down, as alternative sources are readily available to fill any void
Reserve Bank Innovation Hub to build prototype of DPIP in consultation with 5-10 banks
To combat the surge in digital payment frauds, major Indian banks are collaborating with the RBI to develop a Digital Payment Intelligence Platform (DPIP). This Digital Public Infrastructure aims to enable real-time intelligence sharing ...more
Think tank Global Trade Research Initiative (GTRI) said that a wider regional escalation could threaten India's much larger trade with the broader West Asian region, including Iraq, Jordan, Lebanon, Syria, and Yemen
Amidst Iran-Israel tensions, India has significantly increased its Russian oil imports, surpassing combined purchases from Saudi Arabia and Iraq. This shift, driven by discounted prices, sees Russian oil constituting a substantial porti ...more
India aims for 500 GW non-fossil fuel capacity by 2030 and net-zero emissions by 2070. Solar and wind energy sectors lead, with significant FDI and start-up activity.
India's work culture is evolving, with shared workspaces becoming mainstream.
Vivek Oberoi's Net Worth: Vivek Oberoi's business portfolio includes ventures in real estate, luxury jewellery, technology, and education.
A new report by GTRI reveals concerns that proposed relaxations in local content rules for the telecom sector could disadvantage Indian manufacturers. The Department of Telecommunications' potential amendments to the Public Procurement ...more
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