No one wants to drive this car

Despite a minor uptick in revenue following the downward trend in self-driving car sales, owners in Bengaluru remain wary about the new Covid variant. Sales of Bengaluru’s self-driving car firms have dropped during the pandemic. Although sales were up in August and September 2021, they have started to fall since then. Ravi, a senior executive […]

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Incense cottage industries lose their fragrance

The import of raw bamboo sticks saw an increase of 78 percent from 2009 to 2019, pushing hand-rolling artisans out of business. Bengaluru: Despite several attempts from the state and central governments, the cottage industries manufacturing hand-rolled agarbattis (incense sticks) are slowly dying. Though India remains one of the top exporters of incense sticks, the unavailability […]

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Retail smart phone sellers can’t get a piece of the sale

Smartphone sales in India are at a peak, but retailers face the heat of e-commerce. Even though the overall sales of smart phones are at an all-time high, retail store owners have seen a drop in sales throughout India. Harsh Vardan, purchase manager of a mobile retail store which has more than 200 stores across […]

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Tyre re-treading not so hot right now

The unorganised tyre retreading sector in Kalasipalya mostly finds the use of ‘hot method’ in retreading. The unseasonal rains have added to the misery of tyre re-treading industry in Kalasipalya which was already struggling due to the pandemic. The number of re-treaded tyres sold daily have reduced by 60 percent. Yaseen 18, employee at AK […]

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Cryptocurrency is the new remittance currency for Indians

     Non-Resident Indians (NRIs) across the globe are using cryptocurrencies for remittance to avoid expensive cross-border payment transfer charges.  Recently, all of the major cryptocurrency exchanges have seen at least a 100 percent rise in trade and investment. Aalish Gupta  (an engineer based in London, bought cryptocurrencies worth Rs. 1 lakh – for the first time […]

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Biosimilars: not so familiar

Market penetration of Indian biosimilar drugs in domestic and international markets is an issue of concern. India leads in pharmaceutical exports but lags in biosimilars. Industry insiders say, Indian market has a huge scope for biosimilars but issues with the development, manufacturing, registration, and more pose threats to it. Chitta Ranjan Padhi, engineer at Dr. Reddy’s […]

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Homegrown wines winning!

The Karnataka government is actively engaged  in encouraging wine culture in the state. Programme called WEAT organised  to increase wine culture annually. Bengaluru; Business for Indian wineries is booming, while imported wines face heavy cess. Data from the Ministry of Commerce and Trade shows a decline in wine imports since 2019. Data from Karnataka State […]

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