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Startups / The Economic Times

Amazon India announces a special diversity grant to support entrepreneurs in building their logistics business

Amazon India now has more than 350 entrepreneurs who are part of the program, with more opportunities for diverse partners to build their own businesses.

9 Aug 2022 2:21 pm
SIDBI, ONDC ink MoU to accelerate e-commerce for small industries

The MoU, signed by Sivasubramanian Ramann, CMD, SIDBI and T Koshy, MD&CEO, ONDC, provides for several collaborative efforts by SIDBI and ONDC in helping MSMEs access open network e-commerce platform proposed by ONDC.

9 Aug 2022 12:38 pm
Can global shipping be fixed? One regulator will try.

The commission regulates the international shipping industry at American ports, an element of modern life that is typically ignored but has emerged as a reason major retailers are short of popular goods, and why people renovating homes are waiting months for doorknobs.

9 Aug 2022 9:35 am
Putins Ukraine war has three lessons for global food supplies

Russias invasion of Ukraine forced global food producers, distributors and relief programs to quickly adapt to overcome the shortages and they did so, on the whole, with great agility.

8 Aug 2022 9:13 am
Factory production weakens on lingering supply chain constraints

The standoff between the US and China over Taiwan has thrown a spotlight on growing risks to one of the worlds busiest shipping lanes -- even a minor disruption could ripple through supply chains.

7 Aug 2022 10:08 am
Terminals at California's third-busiest port resume regular hours on Monday

The restart of cargo shipments at California's third-busiest port and busiest agricultural export hub created another snarl - traffic jams in and around the port, whose maritime operations contribute an estimated $56.6 billion to the state's economy.

26 Jul 2022 9:32 am
Globalization is just getting started

The last few years caused us to question the value of globalization. It delivered on many of its promises; more than a billion people no longer live in poverty.

26 Jul 2022 9:17 am
India Inc witnesses positive hiring trend as markets reopen: Report recorded an increase in employers hiring in manufacturing, real estate, hospitality, aviation, beauty and wellness

19 Jul 2022 3:34 pm
zingbus launches free travel insurance for its customers

zingbus would offer this all-in-one insurance package as a comprehensive benefit to all its travelers while covering unforeseen circumstances.

19 Jul 2022 3:23 pm
Pandemic, supply disruptions pose risk to food security; urgent actions needed says World Bank led joint statement

Many nations, including India, have put some sort of trade restrictions on some essential commodities keeping in mind their own domestic food security.

16 Jul 2022 9:46 am
Central Minister Karad says he'll ensure schemes reach beneficiaries

A total of 11.5 crore farmers benefit by getting Rs 6,000 every year, 9 crore families received gas connection under Ujwala scheme, BPL families get free rations like wheat, rice and dhal, and loans to industries and street vendors with collateral under Mudra scheme, he said.

15 Jul 2022 9:21 am
71 pc MSMEs optimistic about business growth in July-Dec: Survey

According to the survey, MSME ecosystems in all the states are growth positive, with Telangana, Rajasthan, Maharashtra and Gujarat being at the top.

13 Jul 2022 9:39 am
Don't toss those old sneakers

As physical boutiques struggle for significance in the age of online shopping, the new Golden Goose model is drawing visitors with its craft services.

11 Jul 2022 9:28 am
Labor unrest disrupts supply chains from sky to sea

The first half of this year brought the additional uncertainty of Russian President Vladimir Putins invasion of Ukraine and Chinas strict Covid lockdowns. With the second half of 2022 just underway, there may yet be another culprit for supply stress labor unrest.

7 Jul 2022 9:22 am
Easebuzz to empower Shopify merchants with tools for online payment collections

Driven by affordable internet and smartphone adoption, ecommerce segment is growing in India at a CAGR of 19.24% and its an opportunity of $111.40 billion by 2025.

4 Jul 2022 3:03 pm
Were not only going to compete with Silicon Valley, but surpass it: T-Hub CEO

T-Hub CEO MSR talks about creating a holistic entrepreneurial ecosystem and what are the missing pieces in India

4 Jul 2022 9:15 am
5 years of GST: Has it done enough to propel Make in India?

In line with industry expectations, GST has had a positive impact on the manufacturing sector by removing the cascading effect of taxes resulting in the reduction of manufacturing costs.

1 Jul 2022 9:17 am
How can MSMEs build resilient businesses that thrive in a post-pandemic world?

MSME showed remarkable resilience, although they were the worst hit during the pandemic. Here's how they can continue with their resiliency

24 Jun 2022 3:23 pm
Shipping costs soar as Russian fallout upends global fuel flows

The Russian invasion has exacerbated a tightening of energy markets, upending trade flows and forcing buyers to scour the world for alternative fuel supplies.

23 Jun 2022 9:10 am
Old is gold: sky-high cost of ageing ships sounds inflation SOS

Greek firm Euroseas bought it in 2019 for $10 million when it was already a decade old. As world trade spiralled into chaos last year, it raked in $21 million in just over 100 days at the highest daily freight rate in history for a ship of its size.

22 Jun 2022 9:22 am
Asias shortage of empty containers may worsen on Rotterdam jam

High congestion levels at Rotterdam prompted shipping line AP Moller-Maersk A/S to inform customers last week it would be relocating unclaimed boxes of goods out of the port.

21 Jun 2022 9:25 am
Supply chain crisis: Shoppers are facing shortages of beer to popcorn this summer

When manufacturers cant make enough glass bottles and aluminum cans, it trickles down to peoples ability to buy things like soda and beer.

20 Jun 2022 9:10 am
Striking truck drivers in South Korea snarl supply chains

The Cargo Truckers Solidarity Union has said it asked repeatedly for safer conditions and reasonable fares but it had no choice but to strike when its demands were not met.

14 Jun 2022 9:23 am
Shock of war threatens lasting impact on global economy

The price of war could be even higher, it warned, describing a long list of risks ranging from an abrupt cut-off of Russian supply in Europe to vulnerabilities on financial markets from high debt and elevated asset prices.

9 Jun 2022 9:32 am
Wheat rises over 4% on Black Sea supply woes; corn, soybeans firm

Concerns grew about grain shipments from the key Black Sea region, after Russia attacked Ukraine's capital Kyiv for the first time in more than a month.

6 Jun 2022 9:06 am
Asia's factory activity slows in May as China Covid curbs weigh

Lockdowns in China have snarled regional and global logistics and supply chains, with both Japan and South Korea reporting sharp declines in output.

1 Jun 2022 9:11 am
Shanghai port rebounds as lockdown loosens but backlog remains

As firms reopen there will be a rush to purchase raw materials, and then a flood of finished goods leaving factories as companies try to make up for lost time.

27 May 2022 9:33 am
Panama canal vessel queue reflects shipping bottlenecks

The canal saw record amounts of cargo pass through its locks in its most recent fiscal year as an easing of trade restrictions between China and the US opened up the market for grains, pork and liquefied natural gas.

20 May 2022 9:23 am
Shanghai lockdown easing doesnt mean end to shipping snarls

The worlds supply chains have taken a battering this year from Chinas Zero Covid policy, which has hampered the production and delivery of everything from bathroom faucets to Apple iPhones.

20 May 2022 9:10 am
Fighting stigma and shame, Nobel Hygiene is making a place for itself in the $794-million diaper market

With a penetration of as low as 6%, the disposable diaper market, especially the adult diaper segment, is shrouded in stigma around incontinence. A Mumbai-based company wants to change that perception.

17 May 2022 9:16 am
From Surat to New York, diamond trade suffers under the weight of Russia sanctions

Surat, one of the worlds largest polishing hubs, the diamond bazaars have gone quiet in recent weeks. Workers sit idly and grumble over cups of tea. Imports of new stones are down. Prices have fallen. Everybody has the same complaint: Sanctions have pushed exporters into a tough spot.

13 May 2022 9:11 am
UPI payment without Internet or smartphone: Why your feature phone promises to be a smart, secure wallet

Despite UPIs phenomenal success, it is mostly used by smartphone-savvy people. Attempts to create ways to onboard feature-phone users onto the platform are bearing fruit. India could soon add a staggering 900 million users to its digital payment ecosystem.

5 May 2022 9:39 am
Will take up MSMEs' suggestion to raise turnover cap for small units to PM, finmin: Narayan Rane

Pointing out that MSMEs contribute 50 per cent to India's exports and 30 per cent to the country's GDP, the minister said the endeavour is to further boost exports from the MSME sector.

28 Apr 2022 9:26 am
WTO chief warns against retreat from global trade

WTO Director General Ngozi Okonjo-Iweala told an event hosted by the National Foreign Trade Council that economists estimated that a fragmentation of the global economy could reduce global gross domestic product by 5% in the longer run.

28 Apr 2022 9:04 am
Food, Fertilizer and the Future

Ukraine is normally a major agricultural exporter, but thats hard to do when Russia is bombarding your railroads and blockading your ports.

27 Apr 2022 9:39 am
Maersk says shipping boom will stabilise in H2, revises up profit guidance

The company now expects growth in global container demand to slow this year to between minus 1% and plus 1%, compared to its previous expectation of 2-4% growth.

27 Apr 2022 9:24 am
With eBuySugar, the Rs 2-lakh-crore sugar sector is finally going digital

India is the worlds second largest sugar producer, but the sector has largely been traditional. A two-year-old platform, started amid the pandemic, is now looking to usher in a digital revolution.

26 Apr 2022 9:24 am
These companies are making Earth a better place

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22 Apr 2022 9:29 am
Treasury secretary calls for reshaping of global supply chains

Global policymakers at the meetings this week have been grappling with how to address supply chain disruptions that have led food prices to surge around the world.

22 Apr 2022 9:19 am
Amazon plans to invest $1 billion in logistics and robotics companies

Alex Ceballos Encarnacion, vice president of worldwide corporate development, said in an Amazon blog post that target companies may work with Amazon, or opt to grow on their own.

22 Apr 2022 9:07 am
O4S to upgrade its tech stack with AI, ML to solve supply chain issues

The O4S SaaS platform enables visibility and traceability for every SKU/Product manufactured and along the entire supply chain flow.

12 Apr 2022 3:25 pm
China port congestion leaves everything from grains to metals stranded

Adding to the snarl, there were 197 container ships either loading or waiting to load in Shanghais combined anchorage with Ningbo, a 17% increase from a month ago.

12 Apr 2022 9:13 am