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The Virtual Update

Industry

Welcome to The Virtual Update’s Industry section, where you’ll find the latest industry news, market trends, and expert insights. Stay informed about developments in key industries such as tech, finance, manufacturing, and more. We provide analysis on industry growth, market shifts, and strategies to navigate the evolving business landscape. Whether you’re looking for sector-specific news or tips for business adaptation, our expert content helps you stay ahead of industry changes.

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RBI to inject $16 billion liquidity boost into banking system next week amid tax outflows: Report

India’s central bank, the Reserve Bank of India (RBI), is set to ramp up the liquidity in the nation’s banking…

Public sector general insurance companies achieve financial turnaround, become profitable again

Public sector general insurance companies that have historically reported losses, witnessed a major turnaround with all of them becoming profitable…

Consumer firms eye govt’s tax largesse with aggressive ad spends to boost sales

Companies such as Parle Products said they will step up distribution activities in urban markets as well as marketing spends…

For wind power generators, govt plans aid linked to use of local parts

The government has begun talks with industry stakeholders to introduce a domestic content requirement (DCR), one of the two people…

Bank Holiday today: Are banks open or closed on February 8 for Saturday or Delhi assembly election results?

Bank Holiday today: Today, February 8, the results of the elections to the national capital’s assembly will be out. So,…

Europe’s renewables market powers battery storage boom

Returns can exceed 10% as battery prices fall Possible to trade wide swings as power prices turn negative Battery storage…

From Gondal’s Coconut Culture to Hubli’s Lucky Hotel, small-town eateries tap technology as food delivery soars

Bengaluru: Folks in India’s small towns are increasingly ordering in and dining out, mimicking their counterparts in metros and other…

Budget push: India Post’s 150,000-office overhaul to unlock logistics partnerships

Bengaluru/Mumbai: Finance minister Nirmala Sitharaman in her budget speech on Saturday unveiled plans to revamp 150,000 rural post offices, repositioning…

India’s largest bank wants a closer look at all its branches

The document, a call for consultants to bid for the project, said that the State Bank of India (SBI) plans…

Prada sunglasses and YSL perfume: Gen Z shoppers drive demand for affordable luxury

The cohort now makes up 20% of the website’s luxury platform shopper base and is growing rapidly. The retailer has…