By Mr. Manish Aggarwal The Fast-Moving Consumer Goods (FMCG) industry is undergoing a transformative phase in 2024, shaped by the aftermath of global events and changing consumer dynamics. The surge in online consumer goods demand, accelerated by the pandemic, is prompting FMCG companies to adopt direct-to-customer approaches and prioritize digital channels for distribution. Concurrently, sustainability emerges as a pivotal trend, with major FMCG players aligning their strategies to meet the growing demand for eco-friendly products. This shift in consumer values, coupled with an increased focus on conscious living post-pandemic, is...

The Finance Ministry's recent move to include virtual digital assets (VDAs) under the Prevention of Money Laundering Act (PMLA) signals a pivotal shift in India's regulatory landscape for cryptocurrencies. This proactive measure empowers agencies like the Enforcement Directorate and the Income Tax Department to scrutinize crypto transactions, reinforcing the government's commitment to robust regulation. In response to non-compliance, Binance, the world's largest crypto exchange, and others have faced repercussions, including removal from the App Store. The Financial Intelligence Unit, operating under the Finance Ministry, has initiated investigations into these firms for alleged anti-money laundering law violations. This signals...

Celebrating National Youth Day takes a revolutionary turn as Instamojo, the leading platform empowering small businesses, releases ground-breaking statistics showcasing the surge in youth-led entrepreneurship. The Businesses Index by Instamojo reveals a rich tapestry of data-driven success stories, emphasizing the average age, gender dynamics, and city-wise trends of entrepreneurs driving the e-commerce revolution. Instamojo's entrepreneurial ecosystem is rewriting the narrative, with a remarkable 78% of entrepreneurs falling in the age bracket of 25 to 35. This statistic paints a vivid picture of the platform as a hub for young innovators,...