Jubilant FoodWorks Ltd., a subsidiary of the Jubilant Bhartia Group, has entered into a memorandum of understanding (MoU) with Coca-Cola India Pvt. to acquire its sparkling beverage portfolio and other products from the company's authorized bottlers. The deal, set to begin in April 2025, will see Coca-Cola’s authorized bottlers supplying sparkling beverages to Jubilant FoodWorks, which will handle the marketing of these products. The move is expected to enhance Jubilant Fo

India has made substantial progress in its infrastructure development in 2024, with multiple major projects completed and new ones lined up for the coming years. The government’s commitment of Rs 11 lakh crore in capital expenditure this fiscal year, alongside strategic initiatives like the National Infrastructure Pipeline and PM GatiShakti National Master Plan, has fueled this growth. Key Infrastructure Projects in 2024:

In 2025, the Indian pharmaceutical industry is set for a profound transformation driven by innovation, research excellence, and expanded global access. With the industry projected to reach USD 130 billion by 2030, India aims to become a global hub for high-quality, affordable pharmaceuticals, focusing on areas like CAR-T cell therapy, mRNA vaccines, and biosimilars. Technological advancements like AI, machine learning, and precision medicine are expected to revolutionize drug discovery, manuf

In 2024, the wedding industry in India has seen a resurgence in spending after the lull caused by the pandemic, with metropolitan cities driving a significant increase in demand for wedding services. Wedding budgets have grown by 6.7%, with the average expenditure reaching Rs 35.6 lakh. As wedding costs rise, so has the demand for gold and jewelry, especially due to the soaring prices of gold, which have increased from Rs 63,500 to Rs 80,000 per 10 grams. Destination weddings, which

India has started a probe into the alleged dumping of liquefied natural gas (LNG) fuel tanks from China, following a complaint by domestic company Inox India Ltd. The company has requested the imposition of anti-dumping duties, claiming that the influx of cheap imports is negatively affecting the profit margins of the domestic industry. These LNG fuel tanks are used for transporting methane gas in vehicles like trucks. The Directorate General of Trade Remedies (DGTR), which handles

In response to Russia's Christmas Day attack on Ukrainian cities and its energy infrastructure, President Joe Biden has instructed the U.S. Defense Department to maintain its surge of weapons deliveries to Ukraine. Biden condemned Russia’s actions, which were aimed at disrupting Ukraine’s power supply and endangering the country’s energy grid during the harsh winter. The attack, which involved cruise and ballistic missiles as well as drones, is part of Russia’s ong

In the ongoing India vs Australia 4th Test match in Melbourne, former Indian cricket captain Virat Kohli has been fined 20% of his match fee following a shoulder barge incident with Australian debutant Sam Konstas. The altercation took place after the completion of the 10th over of the Australian innings when both players crossed paths on the field. As they moved across the pitch, Kohli and Konstas bumped shoulders, which led to an exchange of heated words. The incident was quickly defused by

As 2024 draws to a close, plans are underway to kick off 2025 with a range of new changes and updates. Starting January 1, 2025, significant nationwide changes will take effect, impacting households, professionals, travelers, and finances. These updates cover various areas, including data charges, visa processes, and GST regulations. Key Updates Effective January 1, 2025 GST Compliance Changes Several important adjustments to GST compliance w

After much anticipation, the International Cricket Council (ICC) has finally revealed the schedule for the 2025 Champions Trophy. The prestigious tournament, set to be played in a hybrid format across Pakistan and Dubai, will kick off with a match between Pakistan and New Zealand on February 19, 2025, in Karachi. The tournament will conclude with the final on March 9, 2025, hosted in Lahore, with a backup plan for Dubai if India qualifies for the final. India's campaign will beg

In a significant policy shift, the Government of Canada has announced that starting spring 2025, job offers will no longer provide additional points for candidates applying for permanent residency under the Express Entry system. Minister of Immigration, Refugees and Citizenship Marc Miller explained the rationale behind the move: “We are taking important steps to reduce fraud while continuing to attract the skilled talent our economy needs. Immigration has always been a

As India prepares for the Union Budget of 2025-26, the finance ministry has highlighted the need for flexibility in fiscal policy, given the ongoing global economic and geopolitical challenges. While the fiscal deficit for FY26 is expected to be below 4.5% of GDP, there are concerns over the ability to accurately project receipts and expenditures in the current uncertain environment. The global situation has worsened, with escalating conflicts, further complicating fiscal planning.

January   - Dates: Saturday, January 11 – Tuesday, January 14   - Holidays: Makar Sankranti / Pongal (January 14)   - Plan: Take leave on Monday, January 13.   Where to Go: &

Bangladesh's interim government has sent a diplomatic note to India requesting the extradition of deposed prime minister Sheikh Hasina, who has been in exile in India since August 5, 2023. Hasina fled Bangladesh after student-led protests led to the downfall of her 16-year rule. The Dhaka-based International Crimes Tribunal (ICT) has issued arrest warrants for Hasina, accusing her and several former officials of "crimes against humanity and genocide." Foreign Affairs A

The defence relationship between the United States and India is rapidly growing, with key developments marking an exciting period of collaboration between the two nations. Ely Ratner, Assistant Secretary of Defence for Indo-Pacific Security Affairs, emphasized that the US-India defence ties are progressing in significant ways, particularly in defence industrial cooperation and operational collaboration across the military services. This partnership continues to expand even as the India-China

As President-elect Donald Trump prepares for his second term in office, a growing number of U.S. colleges and universities are advising international students to return to campus before January 20, 2025, due to concerns that Trump may reinstate or expand travel restrictions. This advice follows the previous travel bans imposed during his first administration, which restricted entry to the U.S. for citizens from certain predominantly Muslim countries. Many schools, including Ivy League institu

India's stand-in captain, Smriti Mandhana, made history with her brilliant performance against the West Indies at the DY Patil Stadium in Navi Mumbai. Mandhana scored a match-winning 77 runs off 47 balls, marking her 30th fifty in T20 internationals. This remarkable achievement broke the long-standing record held by New Zealand’s Suzie Bates, who had scored 29 fifties. Mandhana’s milesto

In a recent lecture on ‘India – The Vishwaguru' in Pune, RSS chief Mohan Bhagwat expressed concern over the resurgence of temple-mosque disputes, stating that certain individuals seem to believe they can become "leaders of Hindus" by stirring such controversies. Bhagwat emphasized the importance of fostering an inclusive society and stressed that India should set an example for the world in living together harmoniously. He pointed out the country's long-standing

Tata Consumer Products Ltd (TCPL) has officially rejected recent reports claiming that Starbucks is planning to exit the Indian market, calling the rumors "baseless." These reports suggested that the American coffee giant might leave India due to high operating costs, mounting losses, and the growing competition from local, cheaper alternatives. However, TCPL, which operates Starbucks in India

India introduced the Goods and Services Tax (GST) in 2017 to simplify the tax structure and reduce the tax burden. Recent data shows that the gross GST collection for October 2024 rose by 9% to ₹1.87 lakh crore, a record second-highest figure. However, a recent proposal by the Group of Ministers (GoM) on GST Rates Rationalisation suggests a new 35% GST slab on products like aerated drinks and tobacco, which has raised concerns. The proposal aims to target 'sin' products such as thos

Indian students are increasingly looking beyond traditional study destinations like the US and UK to explore new opportunities in countries such as Malta, Singapore, Dubai, Italy, and various European nations. These countries have simplified their visa regulations, and their competitive living and tuition fees, along with diverse academic programmes, are attracting a growing number of students. The ease of access and affordable education options are key factors driving this trend. Many expert