New CPI basket won’t include free food items

NEW DELHI: Free food items, such as wheat and rice made available through the public distribution system (PDS), to nearly 80 crore people will not be part of the new consumer price index (CPI) basket, as the 22-member technical advisory panel, tasked with updating the base year of price indices, has decided to stick to…

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VinFast set to expand, roll out 3 models

NEW DELHI: Vietnamese electric carmaker VinFast will roll out three new models in India in 2026 and expand its retail and service network as it scales up operations in the country, according to a senior official in the company .“We will begin with launching a seven-seater MPV… Beyond that, additional models will follow, each addressing…

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ETNOW kicks off Davos coverage

MUMBAI: Business news channel ET NOW will kick off its week-long coverage of World Economic Forum‘s annual meeting in Davos while keeping a close eye on the budget with ‘Budget Yatra’.‘Davos Diaries’ will feature interviews with global CEOs, policymakers, investors and thought leaders and capture the ideas shaping the global economic agenda.At home, for the…

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CII survey: Business sentiment high on stronger demand

NEW DELHI: Business sentiment in the economy is high, driven by stronger demand, better profitability expectations and steady investment conditions, according to a CII survey. Domestic demand has increased, with nearly two-thirds of 175 firms surveyed reporting higher demand for July to Sept 2025 and about 72% expecting further improvement in Oct-Dec 2025. More than…

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Reliance says JioMart is on track to be No. 2 in quick commerce

BENGALURU: Reliance Industries on Thursday said JioMart is on track to become India’s second-largest quick commerce player, underscoring intensifying competition among rapid-delivery platforms even as rivals await their latest quarterly results.In its earnings presentation, Reliance said JioMart’s hyperlocal commerce business recorded a daily run-rate of about 1.6 million orders during the December quarter. Online average…

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Budget 2026: Tata Motors flags pressure on entry-level EVs; wants PM E-DRIVE support for fleet segment

Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…

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AI at work: Adoption outpaces employee training; majority feel unprepared for role changes

Artificial Intelligence adoption at workplaces is moving faster than corporate training efforts, leaving many employees unprepared for rapidly changing roles, according to a report by Genius HRTech.According to news agency PTI, the report said 71 per cent of professionals believe their roles or responsibilities will change significantly over the next few years as AI-driven tools…

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WEF 2026: Investing in women’s employment is key to future-proof economies – industry chair Ebru Ozdemir

Investing in women’s employment is the most efficient way to build a resilient, inclusive and future-proof economy, Ebru Ozdemir, chairperson of the Board of Limak Holding and chair of the World Economic Forum (WEF) Engineering and Construction Industry Group, has said.In an article written ahead of the annual Davos summit, Ozdemir stressed that reskilling and…

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