Consumers lean towards the D2C way

High consumer spending and rising e-commerce penetration are anticipated to drive the Direct-to-customer (D2C) market in India, a report shows. The D2C e-commerce market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.5 percent during the period 2022-2027 following the pandemic-induced lockdown and mobility restrictions, a D2C market analysis […]

Continue Reading

Freelancers cashing in on rupee depreciation

India freelancers earning in USD are seeing an increase in their income with the weakening of the Rupee by 11 percent in 2022. The rupee’s depreciation against the dollar throughout 2022 has been an unexpected bonus for freelancers. “I received about USD 1100 monthly, which at the beginning of 2022 was around Rs. 82,000 and […]

Continue Reading

Auto drivers reluctant to e-autos

Auto drivers say that the cost of driving autos using LPG is a cheaper option for them. BENGALURU: The Karnataka state government is planning to introduce subsidies for auto-rickshaw drivers to change to electric autos. Mallikarjuna C, Additional Commissioner for Transport, said, “A subsidy of Rs. 60,000 will be given to the auto drivers who […]

Continue Reading

CFC will boost earnings of Kinnal artisans

Experts say development of Common Facility Centres (CFC) could boost the production and supply making the products cheaper in domestic as well as in international markets. Karnataka has seven CFCs as of  2021 as per MSMEs report. A common facility centre in Kinnal village, Koppal district can ease the lives of artisans. Its efficient and […]

Continue Reading

New shine in the jewellery industry

 Consumers now prefer lab-grown diamonds as they are affordable Made in 30 days in a chamber, the latest invention in the jewellery industry is lab-grown diamonds. Diamond merchants are looking to expand their business by selling lab-grown diamonds. Ranjith C, manager at Bhima Jewellers, Malleshwaram said, “Lab-grown diamonds are much cheaper than natural diamonds which […]

Continue Reading

Remote work: A growing cyber security threat

Experts say growing cases of cyber attacks on employees can be a security hazard for companies, especially nascent startups. Companies are running the risk of losing data through hacktools and malware, as work-from-home employees use personal devices to access restricted content. A study from Cisco suggests 95 percent of people working from home currently use […]

Continue Reading

Blockchain gaming has some Roadblocks on its way

The industry has a long way to go to reach mainstream adoption despite enormous growth, a survey shows. The number of investments and  users in the blockchain gaming industry over the past few years have surged with higher expectations from it.  To meet those expectations, experts believe that the industry has to work on the […]

Continue Reading

Government Schemes: Little help to Women’s SHGs

Women’s self-help groups in Karnataka turn away from government schemes and instead rely on each other. Stereotyped. Ignored. Blocked. Some women entrepreneurs of Karnataka have decided to depend only on themselves. Women Self-Help Groups (SHGs) are stronger than ever before as they mobilize, manage, and support their own group’s as well as other groups’ funding […]

Continue Reading