In this issue

September 28, 2022

Consumer firms expect strong sales revival this festival season

Fast-moving consumer goods (FMCG), consumer durables and e-commerce companies see strong sales this festival season as the impact of the Covid-19 pandemic wanes.

4 mins

PSBS may soon see hiring on monthly basis

FinMin asks for plan amid falling strength

2 mins

Saab to build Carl-Gustaf M4 rocket launcher in India

Swedish weapons giant says legacy supply chain can switch to new product

1 min

Adani to invest $100 billion in new energy, data centres

'China will feel increasingly isolated due to supply chain shift, tech curbs'

2 mins

New job creation slipped 10% in Omicron-hit quarter: Govt

Employment generation in nine non-farm sectors slowed down in the March quarter of FY22, possibly under the impact of Omicron variant of Covid-19, with additional job creation dipping to 350,000 during the quarter, from 390,000 in the preceding December quarter of the financial year.

2 mins

World is 'edging into' a recession, warns WTO chief

Finds trade outlook 'gloomy'

1 min

Sensex beats Dow by huge margin

The US benchmark Dow Jones slipped below its pre-pandemic high on Monday as investors continued to dump equities due to rising bond yields, but the Sensex is still 36 per cent higher than its January 2020 high.

2 mins

Spike protein vaccines may help fight Covid variants: IIT-M study

Spike protein vaccines may be effective against multiple variants of the coronavirus (SARS COV-2), according to a study by researchers at Indian Institute of Technology Madras (IIT Madras). The spike protein is one of the four major proteins found in coronaviruses; it helps the SarsCoV-2 virus latch on to a host cell and, in turn, infect the body eventually.

2 mins

Modi meets Japan PM, lauds Abe for cementing ties

Prime Minister Narendra Modi on Tuesday said he had a fruitful meeting with his Japanese counterpart Fumio Kishida and conveyed his deepest condolences over the tragic demise of former Prime Minister Shinzo Abe, lauding his contributions in cementing the bilateral strategic partnership and in conceptualising the vision of a free, open and inclusive Indo-Pacific region.

1 min

Online gaming sector jolted by taxing times

Trumped by twin shocks -a ₹21,000-crore showcause notice from the Directorate General of GST Intelligence on Gameskraft, and the Tamil Nadu Cabinet's nod to an ordinance seeking a banstakeholders in India's $2-billion online gaming industry are asking for the sector to be treated as entertainment and not gambling.

3 mins

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