Page 2 - Business

Govt maps 12,167 HSN codes to ministries to boost ease of doing business

The government has prepared a guidebook mapping 12,167 HSN codes to 31 ministries and departments to promote a data-driven approach for streamlining regulatory processes and enhancing ease of doing business, according to a statement on Sunday. In trade parlance, every product is categorised under an HSN (Harmonised System of Nomenclature) Code. It helps in systematic classification of goods across the globe. Additionally, the development will support more effective trade agreement negotiations that are aligned with national economic priorities and domain strengths. "With the facilitation for identification of the relevant ministry or department for specific HSN Codes, this initiative will streamline regulatory processes and further enhance ease of doing business," the commerce and industry ministry said. The move follows persistent challenges faced during trade negotiations, import substitution efforts and redressal of industry concerns due to the absence of definitive mapping of .

Expert lessons from a marketing pro

In this Manager’s Mantra episode, Ashish Tiwari shares his rich experience in marketing that spans across sectors. His suggestions can help you land into your dream marketing job

LIVE news updates: PM Modi to unveil major health, nutrition initiatives in MP

LIVE updates today: Catch all the latest developments here

DTDC Express expects ecom to contribute about 50% of its total business

Logistics and courier services operator DTDC Express is expecting its e-commerce segment to account for around 50 per cent of its overall business as the company bets big on the rapid commerce amid customers looking for quicker deliveries of their orders. The company which officially launched its rapid commerce vertical Raftaar earlier this month to offer deliveries as fast as 4-6 hours time, also plans to set up 125 dark stores in the next three quarters to cater to the customers' expectations, DTDC Express CEO Abhishek Chakraborty told PTI. "Rapid commerce, as we were describing today, is a sweet spot. We know quick commerce is all about minute deliveries, which is very perfect for impulse buys, urgent things, and groceries. "But, I think overall, there is a whole category of products for which both the brands want a faster, but definitely sustainable, cost-effective solution. And that is what DTDC wants to bring to the table, where brands can access the service without having to

KPMG India Skills Head on Consulting in the Age of AI

Narayanan Ramaswamy, National Leader - Education & Skill Development at KPMG India, shares transition from B-school to corporate tips, the skills global MBAs need, and how to stay ahead in an AI world

Who was Swraj Paul? Pioneering NRI industrialist who left a global mark

The founder of the UK-based Caparo Group of industries, Swraj Paul served as a member of the House of Lords and actively advocated for strengthening Indo-British relations

How this celebrity coach is reshaping wellness and business

From training Bollywood celebs and IPL players to building SOHFIT and now The Func Lab, Sohrab Khushrushahi shares how he turned passion into purpose-driven businesses.

How Crossword is Using AI to Reinvent Bookstores

Nidhi Gupta, Executive Director at Crossword Bookstores, shares how she’s using technology to reinvent a legacy brand, personalising book discovery, empowering teams, and building community spaces.

Sugmya Finance Raises INR 21 Crore from Existing Investors to Fuel Next Phase of Growth

.

"AI professionals' salaries going crazy"

In this Manager’s Mantra episode, Bruce Keith shares his experience on evolution of investment management with AI - New age investors, new trends, biggest innovations and jobs in the fintech space.

RBI proposes new regime for co-op bank branch expansion, ATM setup

New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation

Wipro Infrastructure sets up new business division; to invest ₹500 crore

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Monday announced the launch of a new business division dedicated to manufacturing high-performance base materials for Printed Circuit Boards (PCBs). As part of the new division Wipro Electronic Materials, the company is establishing a Copper Clad Laminate (CCL) manufacturing facility in Karnataka, with an investment of approximately Rs 500 crore, which will create around 350 jobs. The manufacturing plant will produce over 6 million sheets of copper-clad laminates and corresponding pre-impregnated materials, according to a company statement. "Wipro Electronic Materials marks a first-of-its-kind investment in India's electronics manufacturing landscape, made possible through the timely support of the Government of Karnataka and MeitY. "By giving Indian manufacturers reliable access to locally produced, high-quality materials, we are strengthening supply chain resilience and accelerating global

Reckitt Benckiser sells homecare brands to Advent in $4.8 billion deal

Reckitt said it will retain a 30 per cent stake in the business, whose brands include Air Wick air fresheners and Cillit Bang cleaners

Viceroy research vs Vedanta group: The 'Ponzi' row explained | JP Morgan | Vedanta share price

In the face of damaging allegations from American short-seller Viceroy Research, mining giant Vedanta has found an ally. Global brokerage JP Morgan has come to the defence of the Anil Agarwal

IPO-bound Oyo partners Yatra to expand its business travel offerings

IPO-bound travel-tech unicorn OYO on Thursday announced its partnership with travel agent platform Yatra to strengthen its presence in the business travel segment particularly in key centres such as Delhi-NCR, Mumbai, Bengaluru. As part of this alliance, more than 500 company serviced hotels of OYO have already been on-boarded for the first time on Yatra's platform. It includes hotels under mid-premium and premium brands such as SUNDAY, Palette, Clubhouse, Townhouse, Townhouse Oak and Collection O for business travellers across India. OYO is planning to add 1,000 more company serviced hotels for booking on Yatra's platform by September this year, the company said in a statement. This will strengthen Yatra's inventory, especially in emerging metros where the demand for quality accommodation is surging due to increased business travel, it added. According to estimates, India's business travel spending reached USD 38.2 billion in 2024, reflecting robust growth and positioning the cou

Punjab govt to impart business, marketing skills to Class 11 & 12 students

Punjab Education Minister Harjot Singh Bains on Saturday said skill education in business and marketing will be provided to all class 11 and 12 students in government schools from the next academic session under the Punjab Young Entrepreneurs scheme. The move is aimed at encouraging students to set up their own start-ups, he asserted. Addressing a gathering, Bains said under the 'Business Blasters Expo-2025', students are being encouraged to become job creators instead of job seekers, with the state government providing all kinds of assistance -- both financial and technical -- to all progressive-minded students. Referring to the expo, Bains said students selected from government schools across Punjab presented their business ideas before industrialists, start-up founders, and educationists, and all participating teams succeeded in getting financial assistance. The minister said an investment of Rs 17 lakh has been made to set up innovation labs, where students will now be able to

24 Million Green Jobs by 2030: Here’s How to Get One

In this episode of Manager’s Mantra, Dr. Miniya Chatterji, CEO of Sustain Labs Paris, shares how sustainability is reshaping careers and why B-school grads should take note.

AI + Leadership: Lessons from Merck’s Global Head

AI meets leadership in this episode of Manager’s Mantra with Dr. Harsha Gurulingappa, Global Head of AI at Merck. Learn how tech is reshaping healthcare and what it takes to lead in the AI era.

Traders, business associations hail scrapping of police licensing approvals

Traders and business associations in the national capital have welcomed the decision to abolish the requirement of a Delhi Police license for several commercial categories. They termed the move a step towards reducing bureaucratic red tape and easing business operations in the city. Sanjeev Mehra, president of the Khan Market Traders' Association, said the decision would provide partial relief to business owners but stressed the need for further streamlining. "It would be more effective if the government implements a single-window clearance system involving nodal officers from departments like Fire, Police, and others," he said. Paramjeet Singh Pamma, chairperson of the Sadar Bazaar Traders' Association, said the step was essential and long overdue. He added that the move would not only ease the licensing process for traders but also make it simpler to conduct business in the city. Brijesh Goyal, chairman of the Chamber of Trade and Industry (CTI), said the decision would reduce .