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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
When demand rises with price, it’s not magic — it’s Giffen economics in action. From staple food shifts in rural India to strategic procurement in steel, this article demystifies Giffen goods and equips MSMEs with insights to navigate price shocks and demand anomalies. Learn why these rare economic behaviours matter for your business strategy, stocking, and public tenders as well as logistics.
Logistics and procurement are integral part of the supply chain. However, do you know the difference between logistics and procurement? Or are they the same? These functions are just not limited to purchasing and transportation respectively, the scope of procurement and logistics is much beyond. Read on to know more...
Updated: 21 May 2024 Air waybill or AWB in shipping is one of the most important document businesses need for goods transportation. It’s a non-negotiable, legally binding contract, usually issued by the logistics or air carrier company, that confirms the consignment and provides details on the seller, buyer, and airline...
Do you think steel is more elastic than rubber? Or is it vice-versa? What makes a material more elastic? Or rather, in technical terms, what is elasticity? We answer these common questions, with focus on which is more elastic, steel or rubber?
A quick look at how metal sheets are bent to form different shapes and sizes using sheet bending machines. Learn about the types of metal bending machines, top manufacturers, and prices, how sheet bending machines work and more.
The implementation of GST or the Goods and Services Tax stands out as a transformative tax reform. There are some distinct GST benefits and challenges that businesses have faced over the years. From helping to reduce tax evasions to simplifying taxation, here we take a look at GST advantages and disadvantages to help you comprehend and mitigate its drawbacks.
Selecting the best TMT bar in India 2025 is vital for any construction project, residential, commercial, or public infrastructure. There has been a notable increase in the demand for certified high-quality TMT bars due to PM Gati Shakti and National Infrastructure Pipeline, which, with its easy accessibility via GeM, encourages procurement. This information is intended to provide an updated list of the most credible TMT bar brands in India through certification, quality, and supply characteristics.
Steel density plays a critical role in MSME procurement, affecting costing, freight, inventory, and supplier accuracy. This guide helps sourcing...
India’s GST collection for July 2025 stood at ₹1.95 lakh crore, marking a 7.5% year-on-year increase. Maharashtra, Karnataka, and Gujarat...
On July 30, 2025, former U.S. President Donald Trump imposed a sweeping 25% tariff on all Indian imports, effective August...
The Indian steel market for HR Coils and Plates is currently experiencing a downturn in July 2025. HR Coil prices...
