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Chic can be local, it must go global, too - The Economic Times
Economic Times
·
1m ago
Medial
The article discusses the potential appearance of Kolhapuri chappals on Prada's 2026 runway, sparking debates on cultural appropriation. It highlights the opportunity for India to transform its traditional crafts into high fashion through strategic marketing. To integrate into high-fashion distribution, collaborations between European labels and Indian artisans are necessary. This model can enhance the value chain, promoting Indian artistry in global markets while rethinking production, design, and distribution efficiencies within the fashion industry.
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Global economy is fragile, handle with care - The Economic Times
Economic Times
·
1m ago
Medial
The global economy faces increased uncertainty from trade disruptions, declining productivity, and fragile public finances. As detailed by the Bank for International Settlements, addressing these issues requires comprehensive reforms, including boosting economic growth, managing public debt, and enhancing financial regulations. Policymakers must focus on maintaining stability, removing trade barriers, and reinforcing structural reforms to sustain economic resilience. Trust in central banks and consistent policy actions is essential for securing a stable and prosperous economic future.
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Indian space startups shouldn't copy ISRO: Ex-ISRO scientist Narayanan
Inshorts
·
1y ago
Medial
Former ISRO scientist Nambi Narayanan said he's not "too happy" with the work done by Indian space startups as they can produce better take-off platforms. "Our space startups are too focused on reinventing the wheel. They shouldn't be duplicating what ISRO is already doing," Narayanan said. He added that the startups must venture into areas where ISRO doesn't have expertise.
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India must stay nimble as ‘old multilateral architecture’ breaks down: Sanyal
Livemint
·
2m ago
Medial
In an interview with Mint, Sanjeev Sanyal from India's PM's Economic Advisory Council highlighted the breakdown of old multilateral systems like the WTO. As the US and China lead the global economic split, India must remain adaptable and proactive. US reshoring could benefit India, particularly in services like IT and consulting. Despite global disruptions, India's economic growth continues robustly, offering opportunities in filling service sector gaps due to limited immigration.
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Embracer lays off 97 Eidos employees and cancels new Deus Ex game
The Verge
·
1y ago
Medial
Eidos Montreal announced that their studio has been impacted by the global economic context, industry challenges, and the restructuring by Embracer. They did not mention the canceled game, but it is speculated to be a new Deus Ex installment that was in very early development. It has been eight years since the last Deus Ex game, and it seems unlikely that a resolution will be delivered soon. Embracer also erased the mobile game Deus Ex Go, although it may still be playable for those who downloaded it. Layoffs have also been reported.
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Business, government joining hands to tackle climate change a force for good
Money Control
·
11m ago
Medial
Climate change will greatly affect urban areas, and local governments must be prepared for an influx of people from rural areas. Extreme weather events have long been a concern, and while global and national bodies have made promises, it is non-profits and focused groups that are taking the lead in creating new policies. However, there appears to be a shift as businesses and investors are starting to recognize the importance of addressing climate change and not just focusing on profit.
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Morocco bets on video game industry to provide jobs and diversify economy - The Economic Times
Economic Times
·
1m ago
Medial
Morocco is developing its gaming industry by creating a developer hub, launching training programs, and investing $26 million in Rabat Gaming City. Hosting international developers at a gaming expo, Morocco aims to boost youth employment and economic diversification. With a current industry revenue exceeding $500 million, Morocco plans to double this by 2030, targeting to attract global game companies and empower local developers, offering youths new career opportunities in the growing global gaming market.
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Legacy companies can no more think the small guy doesn't matter, says Nestle MD Suresh Narayanan
Economic Times
·
19d ago
Medial
Nestle India's outgoing MD, Suresh Narayanan, remarked that legacy companies must adapt to smaller, nimble operations due to rising local and consumer brands disrupting traditional large-scale models. He emphasized the need for premiumization alongside affordable offerings to remain competitive. Despite regional challenges, signs of economic recovery and stabilizing commodity prices indicate a promising future. Narayanan will be succeeded by Manish Tiwary as competition and market changes demand agile leadership within the industry.
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'We Indians have had it far easier': Sridhar Vembu urges India to match China’s will to rise
Business Today
·
3m ago
Medial
Sridhar Vembu emphasizes that for India to rival China, it must focus on a civilizational revival, not just economic growth. He notes that Japan and Korea became global powers through cultural and economic awakenings, suggesting that India’s progress should mirror these nations. By understanding China's struggles and modeling its perseverance, Vembu asserts that Indians need to believe they are part of a broader renaissance, not merely witnessing another phase of GDP expansion.
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Filed ITR will become invalid unless verified within 30 days from this date - The Economic Times
Economic Times
·
10d ago
Medial
Taxpayers must e-verify their Income Tax Return (ITR) within 30 days of filing to avoid penalties. E-verification can be done using methods like OTP on an Aadhaar-registered mobile, EVC via a bank or demat account, ATM, Net Banking, or DSC. Alternatively, taxpayers can send ITR-V to the Bengaluru processing center. Without verification, the ITR is considered invalid. The filing deadline for some has been extended to September 15, 2025.
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Infosys opens advanced AI, cybersecurity and spacetech centre in Hubballi in big boost to North Karnataka - The Economic Times
Economic Times
·
9d ago
Medial
Infosys has launched the Infosys Centre for Advanced AI, Cybersecurity, and Space Technology at its development centre in Hubballi, Karnataka, as part of its 'Infosys Living Labs' initiative. This establishes Hubballi as a significant tech hub for advanced digital solutions. The centre will serve global clients across industries like manufacturing and healthcare and aims to foster local talent through partnerships with local institutions. It also supports regional growth by offering local students employment opportunities.
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