Startup push: DPIIT signs MoUs with 50+ firms to boost manufacturing innovation; aims to scale startup ecosystem through industry tie-ups

[ad_1] The Department for Promotion of Industry and Internal Trade (DPIIT) has signed over 50 memoranda of understanding (MoUs) with leading companies–including ITC, Flipkart, Mercedes-Benz, boAt, and Hero MotoCorp –to strengthen the manufacturing and innovation ecosystem for startups, an official said.As part of the initiative, the department has been engaging with corporates, industry associations, veterans,…

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Gold rate outlook: Prices to stay in corrective phase ahead of key US, China data; Fed remarks, tariff hearing in focus

[ad_1] Gold prices are likely to remain in a corrective phase in the coming week as investors await key macroeconomic data from the US and China, along with fresh cues from Federal Reserve officials and a US Supreme Court hearing on trade tariffs, analysts said.“Gold prices are expected to see some consolidation or more correction…

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Corporate consolidation: NCLT clears merger of Suzuki Motor Gujarat with Maruti Suzuki India; tribunal finds no impediment to consolidation plan

[ad_1] The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme…

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IPO watch: InCred Holdings files confidential papers with Sebi; eyes Rs 3,000-4,000 cr issue

[ad_1] InCred Holdings, the parent entity of NBFC InCred Financial Services, has filed confidential draft IPO papers with markets regulator Sebi, seeking to raise Rs 3,000–4,000 crore, PTI reported citing people familiar with the matter.In a public statement issued on Sunday, the company confirmed PTI that it had submitted “the pre-filed draft red herring prospectus…

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Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay

[ad_1] Representative image (Picture credit: ANI) Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and…

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China CPI: Inflation rises 0.2% after months of stagnation in October; property and spending pressures persist

[ad_1] China saw a mild increase in consumer prices in October, breaking a stretch of stagnation and decline as the world’s second-largest economy continues to fight a series of economic setbacks. Official figures released on Sunday by the National Bureau of Statistics (NBS) show that the consumer price index (CPI) edged up 0.2% year-on-year last…

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US shutdown: More than 2,500 flights cancelled over weekend; passengers left confused amid Thanksgiving season

[ad_1] Flight schedules across the United States were thrown off course this weekend, after the Federal Aviation Administration (FAA) ordered airlines to scale back operations due to the ongoing government shutdown, a move that has already led to more than 2,500 cancellations by Saturday evening.The FAA’s directive, issued because staffing levels have dropped at radar…

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Thanksgiving on budget: US retailers push cheaper private-label meals; here’s what Walmart, Target & more are doing

[ad_1] This Thanksgiving, retailers in the United States are leaning heavily on private-label products to promote what they say are the most affordable meal deals in years. Walmart, Target and Aldi are each highlighting cost savings ahead of the holiday, but the reductions come with trimmed menus and more store-brand substitutes.At Walmart, this year’s meal…

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US Shutdown: Trump demands ACA payments go straight to Americans; hits at ‘fat cat’ insurers and Obamacare

[ad_1] US President Donald Trump has escalated his attack on the Affordable Care Act (ACA), urging Republicans to divert federal healthcare payments directly to Americans instead of insurance companies, as the ongoing government shutdown marks its longest stretch in US history.In a new post on Sunday, Trump repeated his demand that Republicans stop sending what…

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Ghost job ads surge: Firms use fake listings for market data, branding; experts flag 25% annual rise

[ad_1] The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for…

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