Indian oil refiners are now chartering tankers to travel through the Strait of Hormuz and collect crude from inside the Persian Gulf. This marks a notable change in their approach as they seek to lower costs and strengthen the reliability of their supply chains.
Consumer loans, credit card dues enter slow lane
https://timesofindia.indiatimes.com/business/india-business/consumer-loans-credit-card-dues-enter-slow-lane/articleshow/134609929.cms
https://timesofindia.indiatimes.com/business/india-business/consumer-loans-credit-card-dues-enter-slow-lane/articleshow/134609929.cms
India's factory growth hits 7 month high in September, thanks to demand and hiring boost
https://timesofindia.indiatimes.com/business/india-business/indias-factory-growth-hits-7-month-high-in-september-thanks-to-demand-and-hiring-boost/articleshow/134610296.cms
In September, India's manufacturing sector experienced significant progress with rising demand and production levels. The HSBC India Manufacturing Purchasing Managers’ Index climbed to 55.1, reflecting vibrant business activity. Companies increased their hiring practices at the quickest rate since May, projecting a more positive outlook. Growth in new orders resulted in higher inventories, suggesting expectations of sustained demand, while input costs and selling prices also increased, with inflation remaining historically moderate.
https://timesofindia.indiatimes.com/business/india-business/indias-factory-growth-hits-7-month-high-in-september-thanks-to-demand-and-hiring-boost/articleshow/134610296.cms
In September, India's manufacturing sector experienced significant progress with rising demand and production levels. The HSBC India Manufacturing Purchasing Managers’ Index climbed to 55.1, reflecting vibrant business activity. Companies increased their hiring practices at the quickest rate since May, projecting a more positive outlook. Growth in new orders resulted in higher inventories, suggesting expectations of sustained demand, while input costs and selling prices also increased, with inflation remaining historically moderate.
Gadkari backs IIT tech; waste plastic used in bitumen for national highway for first time
https://timesofindia.indiatimes.com/business/india-business/nitin-gadkari-led-ministry-backs-iit-technology-of-using-waste-plastic-in-bitumen-for-national-highways-indias-first-nh-44-pilot-stretch-laid-new-method-could-cut-bitumen-use-4-and-costs-20/articleshow/134612492.cms
https://timesofindia.indiatimes.com/business/india-business/nitin-gadkari-led-ministry-backs-iit-technology-of-using-waste-plastic-in-bitumen-for-national-highways-indias-first-nh-44-pilot-stretch-laid-new-method-could-cut-bitumen-use-4-and-costs-20/articleshow/134612492.cms
A pilot test section was laid recently along the main carriageway of NH-44 in Jhansi. Officials involved in the pilot said the technology could lower the consumption of conventional bitumen by around 4%, reducing demand for a material that India largely imports to meet its domestic needs.
Indian IT sector layoffs: Which jobs are facing pressure & which skills are in demand?
https://timesofindia.indiatimes.com/business/india-business/indian-it-sector-layoffs-which-jobs-are-facing-pressure-which-skills-are-in-demand/articleshow/134614885.cms
https://timesofindia.indiatimes.com/business/india-business/indian-it-sector-layoffs-which-jobs-are-facing-pressure-which-skills-are-in-demand/articleshow/134614885.cms
AI is not just making some jobs in the Indian IT sector obsolete, it is also forcing firms to adapt their business models as the demand for their traditional services faces disruption. In FY27, hiring is expected to remain subdued, while attrition is increasingly being backfilled selectively rather than one-for-one.
New Chiefs Cleared: RBI okays Bagchi, Saha as CEOs of HDFC Bank, Kotak; ends succession uncertainty
https://timesofindia.indiatimes.com/business/india-business/day-of-anups-at-hdfc-and-kotak-with-much-in-common-in-banking/articleshow/134629792.cms
https://timesofindia.indiatimes.com/business/india-business/day-of-anups-at-hdfc-and-kotak-with-much-in-common-in-banking/articleshow/134629792.cms
Macro data signals growth: Sept GST jumps 14.7%; auto, UPI, PE-VC stay strong
https://timesofindia.indiatimes.com/business/india-business/macro-data-shows-economy-on-growth-path/articleshow/134629904.cms
https://timesofindia.indiatimes.com/business/india-business/macro-data-shows-economy-on-growth-path/articleshow/134629904.cms
GST collections rise 15%, dispatches from top 5 car companies grow in double-digit
Banks, NPCI to ensure MDR not passed on: SBI
https://timesofindia.indiatimes.com/business/india-business/banks-npci-to-ensure-mdr-not-passed-on-sbi/articleshow/134629925.cms
https://timesofindia.indiatimes.com/business/india-business/banks-npci-to-ensure-mdr-not-passed-on-sbi/articleshow/134629925.cms
Chairman Setty says bank aspires to increase UPI transactions through Yono to 5cr per day
Anup Bagchi: ICICI pro who'll steer HDFC Bank
https://timesofindia.indiatimes.com/business/india-business/anup-bagchi-icici-pro-wholl-steer-hdfc-bank/articleshow/134629976.cms
https://timesofindia.indiatimes.com/business/india-business/anup-bagchi-icici-pro-wholl-steer-hdfc-bank/articleshow/134629976.cms