Indian Business News

India is the world’s largest milk producer and a leader in the global dairy industry. However, the country’s dairy sector still faces many challenges. Sidhant Gupta , a well-known expert in the field and former Director of Kwality Ltd., talks about these challenges and the opportunities shaping India’s dairy industry. “India produces around 22% of the world’s milk, with over 70 million dairy farmers contributing to this massive output. Yet, the sector is mostly unorganized, with many farmers still using traditional methods,” explains Mr. Gupta. India’s large-scale milk production is both a strength and a weakness. On one hand, the high production ensures enough milk for domestic needs and opens opportunities for India to become a global dairy exporter. On the other hand, the industry’s fragmented nature poses problems. Most of the milk comes from small-scale farmers, which makes it hard to bring in modern technology, improve infrastructure, and ensure consistent quality—factors that ar...

A survey by NCFE in 2019 found that only 27% of Indians are financially literate. This means most people lack basic knowledge about managing money effectively. The survey also showed differences across regions. The West Zone had the highest literacy rate at 37%, followed by the North-East Zone at 33%. However, the East Zone had the lowest rate, with just 20%. “These numbers are worrying. With only 27% of adults in India understanding finances, it’s time to take this seriously. We need to stop avoiding money talks like they’re an uncomfortable topic at family gatherings. Financial literacy isn’t just a personal issue—it’s something society needs to address. So why not make money management a fun and regular topic at the dinner table?” says Pavitra Walvekar. Read More

Mr. Alok Kumar Agarwal, the former Chairman of Alankit Group, is a highly organized and efficient professional with over 38 years of experience in the finance industry. Known for his sharp analytical and problem-solving skills, he has been actively involved in the capital markets and commodities exchange since 1995. His dedication, hard work, and strategic thinking have played a key role in the success of both his business and his career. He believes in combining financial discipline with innovation for long-term growth. Alok Agarwal Alankit founded Alankit Group, starting from a humble background to build one of India’s leading companies. He is also a well-known Chartered Accountant. Born on January 10, 1958, in Bareilly, U.P., he started Alankit in his early 30s. By 1995, the company was renamed Alankit Limited and expanded into finance and Fintech. After his retirement in 2021, his son, Mr. Ankit Agarwal, took over the company. Read More

Senior IAS officer Subodh Agarwal from the Rajasthan cadre has been appointed as the Chairman of the Indira Gandhi Panchayati Raj Institute, Jaipur. According to a recent transfer order by the Rajasthan government, IAS Subodh Agarwal has been entrusted with this new responsibility. Until now, Agarwal was serving as the Additional Chief Secretary for the Public Health Engineering & Groundwater Department and the Water Resources Department, including the State Water Resources Planning Department in Rajasthan. Originally from Uttar Pradesh, IAS Subodh Agarwal has held several key positions in the Rajasthan cadre, gaining extensive experience. Over his career, he has worked in 40 different roles, making him a versatile administrator. While his family hails from Uttar Pradesh, Agarwal completed his schooling at Scindia School in Gwalior. After studying at Scindia School from 1977 to 1983, he passed 12th grade and got selected for IIT. Read More

Subodh Agarwal, currently the Director General of the Indira Gandhi Panchayati Raj Sansthan in Jaipur, has played a key role in advancing aquaculture in Bharatpur. During his time as District Collector and District Magistrate, he introduced sustainable fish farming ponds, helping make aquaculture an important part of food security and environmental balance. His innovative ideas and focus on community involvement have made him a leading advocate for better aquaculture practices. Aquaculture in India has grown significantly over the years. What started as traditional fish farming in ponds and rivers for basic needs has evolved into a thriving industry. With increasing demand for seafood due to a growing population and changing eating habits, aquaculture has become vital for supporting the economy and ensuring food security. Let’s hear from IAS Subodh Agarwal on how aquaculture’s role and importance have only increased over time. Read More

G.V. Sanjay Reddy is the Vice Chairman of GVK, a large company with businesses in energy, airports, transportation, real estate, hospitality, and life sciences. He plays a key role in all these areas but is especially known for helping GVK become India’s top private airport operator. He has been instrumental in managing the Mumbai Airport and is now leading the development of the Navi Mumbai Airport. Read More

In the 2012-13 financial year, Kwality Dairy achieved a turnover of $605 million and is aiming for a growth of 20-25% in the current year. The company plans to raise $165 million through different methods, including equity, though no decisions have been finalized yet, according to Kwality’s Director, Sidhant Gupta . He added that introducing value-added products would help increase the company’s profit margins. Read More

The money we earn from our jobs or businesses shouldn’t just sit idle. Instead, it should be invested in ways that can help it grow. It’s time to let go of the old idea that talking about money is taboo. Learning to manage your finances isn’t just a smart move—it’s essential! "Keeping your money in a fixed deposit, where it barely keeps up with inflation, is no longer enough," says Pavitra Walvekar . He emphasizes the importance of understanding how investments work and being cautious about taking on big debts, like buying a house, before learning the basics of budgeting. Read More

 I n India's busy financial world, a quiet revolution is happening," says Alok Kumar Agarwal , the former Managing Director of Alankit. Leading this change are entrepreneurs and startups focused on using fintech and digital payments to promote financial inclusion and help the unbanked population. "As we look at the challenges faced by marginalized communities in India, we see how fintech solutions can truly transform lives and boost economic growth. Read More

Alok Kumar Agarwal, former Chairman of Alankit Group, is a distinguished professional recognized for his contributions to e-governance and humanitarian work. In 2019, he received the Excellence in e-Governance & Humanitarian Work Award from the Government of UAE. Earlier, in 2017, Alankit Group was honored with The Economic Times Best Brand Award, symbolizing excellence under his leadership. Born on January 10, 1958, in Bareilly, Alok Kumar Agarwal pursued a career as a Chartered Accountant. With over 38 years of extensive experience in finance, he has earned multiple accolades. His efforts have left a lasting mark in the fields of finance and e-commerce innovation. Read More

Dr. Subodh Agarwal is a senior IAS officer from the 1988 Rajasthan cadre. Born on December 17, 1965, in Jaipur, Rajasthan, he is now 59 years old. Although his home state is Uttar Pradesh, he has strong connections to Jaipur, where he was born. Currently, Subodh Agarwal IAS is the Director General of the Indira Gandhi Panchayati Raj Sansthan, and throughout his career, he has held many key administrative positions at both state and central levels. Dr. Agarwal's wife, Rolee Agarwal, is an IRS officer and the Commissioner of Income Tax. They have two children: Shubh Agarwal, who also serves as an IRS officer in the customs department, and Shagun Agarwal, who recently received the 2024 National Advertising Award. Read More

According to the 2019 NCFE Financial Literacy and Inclusion Survey, only 27% of people in India are financially literate, meaning a large portion of the population lacks the basic knowledge and skills needed to manage their money well. The survey also shows big regional differences: the West Zone has the highest financial literacy rate at 37%, followed by the North-East Zone at 33%. In comparison, the East Zone has the lowest rate at just 20%. “The numbers are shocking. With only 27% of adults financially literate, it’s clear that we need to start taking this issue seriously," says Pavitra Walvekar . "Financial literacy isn’t just a personal problem—it’s a social one. So, why not start talking about finance at the dinner table?” Pavitra adds, “I see financial literacy as an essential life skill that often gets overlooked in our education system. While we’re busy learning subjects like algebra and history, skills to manage our own income often fall by the wayside. To me, finan...

India’s rural areas are as diverse as its cultural richness, yet they face similar challenges: economic gaps, poor infrastructure, and limited access to quality goods. Even after 78 years of independence, India still deals with issues that hinder our rapidly growing economy. In a country where the goddess Annapurna symbolizes nourishment and sustenance, it seems only natural to take inspiration from her spirit to address these nutritional gaps. To tackle these issues, the Rajasthan government launched a groundbreaking initiative in 2015 to modernize and strengthen the Public Distribution System (PDS) called the Annapurna Bhandar Yojna. Today, we’re speaking with IAS Subodh Agarwal , who, as the Principal Secretary (Food and Civil Supplies) with the Rajasthan Government, was responsible for implementing this project. He shared that this unique initiative would not only improve the public distribution system but also modernize retail across the region. Read More

Sidhant Gupta, registered with the Ministry of Corporate Affairs (MCA) under DIN 00555513, lives in South West Delhi, India. In the past, he has been associated with three companies: Spark Projects India Private Limited, Renu Marketing Corporation India Private Limited, and Kwality Limited. Read More