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Hotel transactions in India reach Rs 2,900 crore in 2024, tier 2 and 3 cities lead

Mar 25, 2025

Mumbai, March 25 (IANS) Hotel transactions in 2024 reached approximately Rs 2,900 crore in India and interestingly, tier 2 and 3 cities accounted for 50 per cent of the transactions, predominantly involving unbranded midscale properties, a report showed on Tuesday.The investment landscape saw diverse participation, with high-net-worth individuals…

Deloitte launches global AI simulation Centre of Excellence in Bengaluru

Mar 25, 2025

Bengaluru, March 25 (IANS) Deloitte on Tuesday announced a significant scaling of its Global Artificial Intelligence (AI) Simulation Centre of Excellence (CoE) in India, which is part of its global investment of $3 billion in Generative AI…

Business

Electronics exports from India set to surpass Rs 3 lakh crore this fiscal

Mar 25, 2025

New Delhi, March 25 (IANS) In a big boost for local manufacturing, the country is set to witness its electronics exports surpass Rs 3 lakh crore for the first time this fiscal (FY25), driven by smartphones.As per latest industry data,…

Business

PLI scheme for specialty steel gets investment commitments worth Rs 17,000 crore

Mar 25, 2025

New Delhi, March 25 (IANS) The production-linked incentive (PLI) scheme 1.1 for specialty steel has witnessed investment commitments worth Rs 17,000 crore in the second round, according to the government.The expansion of the scheme is…

Business

Sensex opens above 78,000 as bull run continues

Mar 25, 2025

Mumbai, March 25 (IANS) The domestic benchmark indices opened higher on Tuesday amid positive global cues, as buying was seen in the IT sector in the early trade.At around 9.27 am, Sensex was trading 112.50 points or 0.14 per cent up at…

Business

Consumer sentiment worsens in March amid growth woes: BOK

Mar 25, 2025

Seoul, March 25 (IANS) South Korea's consumer sentiment worsened in March amid deepening concerns about growth momentum due to weak domestic demand and slowing exports, the central bank said on Tuesday.The composite consumer sentiment index…

Business

18.19 lakh new workers added to ESIC payroll data in Jan

Mar 24, 2025

New Delhi, March 24 (IANS) As many as 18.19 lakh new employees have been added to the payroll of the Employees State Insurance Corporation (ESIC) during January this year, according to figures released by the Ministry of Labour and…

Business

SEBI to form high-level panel to review conflict of interest rules for board members

Mar 24, 2025

New Delhi, March 24 (IANS) The Securities and Exchange Board of India (SEBI) on Monday decided to form a high-level committee to review provisions related to conflict of interest, disclosures, and related matters concerning its board…

Business

FATF forum in India to discuss global priorities for financial inclusion, cyber threats

Mar 24, 2025

New Delhi, March 24 (IANS) Reaffirming India’s responsible leadership in global efforts to combat money laundering and terrorist financing, the Financial Action Task Force (FATF) Private Sector Collaborative Forum (PSCF) 2025 is slated to…

Business

Govt auctions 12 coal mines, to yield annual revenue of Rs 3,330 crore

Mar 24, 2025

New Delhi, March 24 (IANS) The Ministry of Coal has successfully auctioned a total of 12 coal mines, comprising eight fully explored mines and four partially explored coal mines across five states, according to an official statement issued…

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