Page 651 - Industry News

Hiring activity for white-collar jobs dips 12% during Oct-Nov: Report

White-collar recruitment during October-November declined by 12 per cent with 2,433 job postings, compared to 2,781 during the corresponding months in 2022, according to the Naukri JobSpeak Index

India set to become most exciting civil aviation market, says IATA director

The International Air Transport Association (IATA) said that airline revenues globally will rise in 2024 as the sector is witnessing continued growth in post-pandemic travel

FMCG companies expand into adjacent categories that offer high growth

The brand is already established in people's mind and these companies already have distribution in place, Rajat Wahi, partner at Deloitte India explained

How growing electric vehicles' sales are speeding end of the oil age

The Paris-based International Energy Agency (IEA), a grouping of 29 industrialized nations, expects world oil consumption to hit its zenith at the end of this decade at 103 million barrels per day

Domestic electronics manufacturing up 4-fold to Rs 8.22 trn in FY23: MoS IT

Union minister Rajeev Chandrasekhar informed the Lok Sabha that India has now reached a stage where 99.2 per cent of mobile handsets being used in the country are manufactured domestically

Govt blocks 100 websites involved in job scams, illegal investments

The Ministry of Home Affairs also asked users to be alert and take precaution, especially before investing in any such very high commission-paying online schemes sponsored over the internet

Air India changes aircraft order with Airbus, cites 'business requirements'

Indian carrier had placed order for 250 planes with European manufacturer

Govt notifies 16 pvt exploration firms for critical, deep-seated minerals

In a bid to encourage private participation in exploration endeavours, the government will provide a financial incentive of up to 25 per cent of the approved cost of exploration

Next spectrum auction to be held in February, reserve price to remain same

Lesser revenue generation expected as telecom operators have already bought most 5G airwaves

India's internet growth continues to decline due to fall in smartphone sale

For millions of Indians, a smartphone is the first port of entry into the internet

Alcohol association welcomes Manipur's move to lift prohibition on liquor

Seeks similar action from Bihar government to help end hooch tragedies and help state earn Rs 10,000 cr

IATA expects sustainable aviation fuel production to rise in 2024

IATA said that in 2023, SAF volumes will reach over 600 million litres (0.5 million tonnes), which is double the amount of 300 million litres (0.25 million tonnes) produced in 2022

Airline industry projected to record $25.7 billion net profit in 2024: IATA

The airline industry is projected to register a net profit of $25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said on Wednesday.

Sunil Bharti Mittal discusses UPI, 5G technology with Kenyan President

Mittal also backed the Digital Public Infrastructure (DPI) or the India Stack of technologies to ensure last-mile inclusion and digital adoption

To meet EV target, OEMs need to rev up entry segment: Bain & Company

Achieving the target requires EVs to grow more than tenfold in volumes in the next six-seven years with penetration going up from the current 5 per cent to 40 per cent by 2030

Coal sector saw scams in past, transparent system now in place: Joshi

H said commercial coal mining has started in the country and it will bring efficiency and competition in coal production, attract investment and help create more jobs in the sector

You will be able to get SIM cards without paper forms from January 1

The move is expected to control the cases of SIM fraud and cut the telcos' cost of customer acquisition

Thanks to wedding season, hotel industry likely to sustain growth in H2FY24

There are likely to be 3,800,000 weddings during the ongoing season, according to the Confederation of India Traders (CAIT), which is expected to generate Rs 4.7 trillion worth of business

Apple looking for suppliers of crucial components in India, Taiwan, S Korea

Apple is facing delays in government approvals for imports of crucial components from existing suppliers, which are primarily based in China

Value addition in mobile phones needs to go up to 40%: Meity Secretary

Krishnan said that no country in the world can make 100 per cent of entire high technology products as the supply chain is spread across the globe