ConnectBiz Team 
New Rules from Feb 2025: The month of February has started, and along with this, the echo of the budget is also heard everywhere. On February 1, Finance Minister Nirmala Sitharaman will present the country’s general budget, which may include several important announcements from middle class to farmers and industries. There may also be announcements … Read more
The Economic Review advocates a renewed preparation of India’s strategy for the textile sector in accordance with the increasing global demand of products made from man -made fiber (MMF). India accounts for 9.2 percent of MMF production, which is much less than global giants such as Vietnam, China and Taiwan. This is important in future … Read more
The economic review states that uncertainty is increasing as the global trade situation changes due to increasing protectionism. In such a situation, India will need to increase business competition by reducing the cost to promote export competition and improve the convenience. The report said, ‘There has been a significant change in global trade situation in … Read more
Economic review has emphasized the need to create a new strategic trade plan for India in the economic review due to increasing uncertainty with protectionism amid changes coming in global trade dynamics. It states that India will have to remain competitive to deal with the situation and increase its participation in the global supply chain. … Read more
India will have to achieve an average of about 8 percent on an average continuously for the next one or two decades to achieve the goal of becoming a developed nation by the year 2047. The assessment has been introduced in the Economic Review 2024-25 released on Friday. It said, ‘To reach this growth rate, … Read more
The Economic Review states that Artificial Intelligence (AI), which is making rapid progress, offers unprecedented opportunities for labor markets worldwide as well as serious challenges. The review states that India needs to seriously consider the influences of AI and for this it will have to focus on establishing a great institute. The review said, “It … Read more
The Board of Tata Capital, the major financial services unit of Tata Sons, has approved changes in its Memorandum of Association as per the provisions of the Companies Act 2013 and adopted a new set of the Articles of Association (AOA). These changes are being made under the company’s list of listed in the end … Read more
An important warning has been given in the Economic Survey 2025. If the US stock market declines, it may directly affect the Indian stock market. The reason for this is the high valuation and positive market sentiments in the US. The report said that if the market falls in India, it could prove to be … Read more
Chief Athronic Advisor V Anant Nageswaran said today that when Vaulas is not getting benefits, India needs to rely on domestic factors to speed up the growth of the economy and for this the burden of regulations will have to be reduced. . Addressing the press conference on the Economic Review 2024-25, Nageswaran said, “Regulations … Read more
Nestle India, a major company that produces everyday goods (FM CG), increased net profit in the third quarter of the current financial year 2025 to Rs 688 crore. The company’s profits have strengthened by a two -digit increase in beverages business. The company’s net profit was Rs 655.6 crore in the same period last year. … Read more