September 30, 2020
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
According to NetApp Zinnov study, B2B tech startups are driving tech selection in India, due to increasing cloud-born startups that are using advanced technology for innovative solutions across industries.
Prime Minister Shri Narendra Modi inaugurated six mega development projects in Uttarakhand under the Namami Gange Mission. The mission aims at the cleanliness and conservation of River Ganga.
Raksha Mantri Shri Rajnath Singh launched the Defence India Startup Challenge (DISC 4) aimed at expanding the Innovations for Defence Excellence (iDEX) ecosystem. He also launched iDEX4Fauji initiative (a first of its kind initiative) and Product Management Approach (PMA) guidelines to boost innovation and participation in the program.
According to LinkedIn study, home support and flexible working hours boosted women's recruitment in India. The share of female hires stood at ~37% in July 2020, against ~30% in April 2020. In 2020, developed countries witnessed a U-shaped trajectory in women hiring.
Bharti Airtel partnered with Radware (provider of cyber security and application delivery solutions) to offer Radware's Cloud DDoS Protection, Cloud WAF, and Bot Manager cloud security services to businesses in India.
Amazon India launched a specialised fulfilment centre in Tamil Nadu, along with the expansion of an existing centre. The expansion is expected to create job opportunities in the state and contribute to the economic growth.