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More in Industry

  • AI personal shoppers hunt down bargain buys

    The AI adjusts the clothing size to fit, accounting for how fabrics drape, according to Google head of advertising and commerce Vidhya Srinivasan.Shoppers can then set the price they would pay and leave the AI to relentlessly browse the internet for a deal -- alerting the shopper when it finds one, and asking if it should buy using Google's payment platform.

    ai personal shoppers hunt down bargain buys
  • Italy business and consumer morale rise in May

    Italian business and consumer morale experienced a resurgence in May, signaling positive momentum for the nation's economy. ISTAT's composite business morale index climbed to 93.1, while consumer confidence soared to 96.5, surpassing analysts' expectations. This rebound suggests improved prospects for the euro zone's third-largest economy after recent declines.

    italy business and consumer morale rise in may
  • New cess for gig workers’ welfare likely to raise costs for consumers

    The proposed Karnataka Platform-based Gig Workers' (Social Security and Welfare) Ordinance, 2025, will introduce a 1%-5% cess aimed at creating a welfare fund for an estimated 30,000 gig workers in the state. Officials say contribution will be split three ways — among consumers, digital platforms, and gig workers themselves — though they admit the heaviest burden may fall on the end user.

    new cess for gig workers welfare likely to raise costs for consumers
  • India's exports set to cross $1 trillion in FY26 on robust global demand, says FIEO

    India's exports are projected to reach $1 trillion by FY26, driven by global diversification and new FTAs, according to FIEO. Merchandise exports are expected to rise to $525-535 billion, while services exports should hit $465-475 billion. Electronics, engineering, and agriculture are key growth sectors, though non-tariff barriers like the EU's Digital Product Passport pose challenges.

    india s exports set to cross 1 trillion in fy26 on robust global demand says fieo
  • Private equity firm L Catterton to raise $600 million for its first India-dedicated fund

    In March last year, former HUL chief executive Sanjiv Mehta teamed up with L Catterton to launch an India-focused investment vehicle, according to an official statement made at the time. Mehta, who headed HUL, India’s largest FMCG company, for ten years until 2023, formed an India consumer sector-focused joint venture with L Catterton to develop a new investment vehicle.

    private equity firm l catterton to raise 600 million for its first india dedicated fund
  • Tariffs, tailwinds & trade talk: India bets on a US deal to turbocharge exports

    The finance ministry expects that a potential India-US trade deal will significantly boost exports and transform economic challenges into opportunities. While highlighting proposed US tariffs as a key vulnerability, the ministry emphasizes the importance of a balanced agreement to stimulate private investment amid global uncertainties.

    tariffs tailwinds trade talk india bets on a us deal to turbocharge exports
  • Shreeja Milk, Mother Dairy to set up plants in Andhra Pradesh, creating 8,000 jobs

    Andhra Pradesh Chief Minister Chandrababu Naidu announced investments from Shreeja Milk and Mother Dairy. These initiatives are part of the Swarna Andhra vision. The companies will establish units in Kuppam. Shreeja will set up a dairy and animal feed unit. Mother Dairy will establish a fruit pulp processing unit. The projects are expected to create 8,000 jobs.

    shreeja milk mother dairy to set up plants in andhra pradesh creating 8 000 jobs
  • 21 Indian startups raise $139.5 million this week

    Indian startups garnered USD 139.5 million across 21 deals this week, demonstrating strong investor confidence amidst market uncertainties. The funding activity was led by growth-stage and early-stage deals, with Delhi-NCR and Bengaluru emerging as key regions. Fintech, e-commerce, and media and entertainment sectors dominated, while seed funding took the lead in investment stages.

    21 indian startups raise 139 5 million this week
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