India’s e-commerce and quick commerce sectors are experiencing a hiring surge, with a significant 35% increase in roles. Companies are now prioritizing technology and operational capabilities, particularly in AI, machine learning, and supply chain, to drive platform strength and efficient fulfillment, especially in smaller cities.
India advocates for World Trade Organisation reform, emphasizing development for poorer nations and consensus-based decisions. Commerce Minister Piyush Goyal stressed the need to revive the dispute settlement mechanism and address long-pending issues like public stockholding for cotton-growing countries. India also signaled reservations about incorporating plurilateral agreements and continuing customs waivers for e-commerce.
Jindal Steel International’s proposed acquisition of Thyssenkrupp Steel is facing delays due to unresolved pension-related issues with German authorities. While talks remain active, further assurances from German stakeholders are needed to move forward with the deal, which includes plans for a green steel facility.
Government is likely to extend subsidies for electric two-wheelers and e-rickshaws under the PM e-Drive scheme. While e-two-wheeler subsidies may continue until June, e-rickshaw incentives could last for about two years. This extension aims to allow more people to benefit from the scheme, despite challenges in localization for e-rickshaw manufacturers.
Industry has urged the government to address supply chain disruptions impacting sectors from pharmaceuticals to plastics. Suggestions include loan relief for small businesses, a “green corridor” for goods, and restricting certain input uses. Rising freight rates and a potential container crunch are also major concerns.
Tectone has announced a significant move, leaving both YouTube and Twitch to become an exclusive streamer on Rumble. This decision follows a recent one-week ban from YouTube for “excessive swearing,” prompting him to seek a platform with more perceived freedom. His first Rumble stream is scheduled for March 28, though censored videos will still appear
Fugitive jeweller Nirav Modi has lost his final bid to reopen his extradition appeal in London. Judges expressed concern over the use of ‘proscribed treatment’ to obtain confessions in India, but stated they would have reopened the appeal were it not for government assurances. Modi now faces extradition within a month, with limited avenues for
J&K police’s economic offences wing raided three locations in Srinagar and Budgam in connection with an alleged fraud. Two men are accused of issuing fake medical procurement orders and impersonating government officials to siphon off funds during the Covid-19 pandemic. A Delhi-based firm filed a complaint alleging deceitful inducement for medical supplies, leading to the
In Shopian’s Hirapora village, 55-year-old Ulfat Bano has been Kashmir’s first postwoman for over three decades, delivering mail on foot through challenging terrain and harsh winters. Despite the physical toll, her passion for connecting people fuels her dedication. She finds immense satisfaction in bringing good news and parcels to her community, viewing her work as
Counter Intelligence Kashmir busted a terror recruitment module with links to handlers across the LoC and Bangladesh. Raids across three districts yielded incriminating materials. A Bangladesh-based LeT operative, Shabir Ahmad Lone, allegedly coordinated recruitment and network expansion, operating as a most wanted terrorist from abroad. An associate was previously arrested.
