Latest News: India’s Sovereign Credit Rating upgraded to 'A-' with Stable Outlook by Japan Credit Rating Agency * 16th Aero India to be held in Bengaluru from February 8-12, 2027 * Tecnam P2006T twin-engine aircraft meets with an accident near Ganga Barrage in Kanpur

 Business

The story of India’s steel industry is a testament to remarkable transformation, closely reflecting the nation's broader economic journey. Once a modest player in global production, the sector has evolved to become the world’s second-largest steel producer, a status achieved by surpassing Japan in 2018. This shift is emblematic of India’s broader journey toward modernization, self-reliance, and sustainable industrialization.

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Companies that integrate artificial intelligence into their budgeting processes are seeing significant improvements in efficiency and accuracy compared to those relying solely on human decision-making, according to new research by Vlerick Business School.

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In recent years, India has witnessed an unparalleled rise in digital transactions, marking a significant milestone in its journey towards becoming a cashless society.

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Nearly 40 per cent of apparel inventory in retail is sold at discounted prices due to long supply chain lead times and forecasting errors, leading to profit erosion and weaker brand positioning, according to a new industry report by Vector Consulting Group in collaboration with NielsenIQ.

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The Maha Kumbh 2025 is proving to be a golden opportunity for artisans nationwide. This grand event, held at the confluence in Prayagraj, features an impressive exhibition of 'One District, One Product' i.e. ODOP, spread over 6000 square meters. Items such as carpets, zari-zardosi, Firozabad glass, Varanasi wooden toys, and other handicraft products are becoming major attractions for devotees.

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India is set to dominate the global economic landscape, maintaining its status as the fastest-growing large economy for the next two fiscal years.

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