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    'Number of ultra-rich Indians set to rise towards 94,000 by 2028'
Business

'Number of ultra-rich Indians set to rise towards 94,000 by 2028'

High-net-worth individuals are those with assets exceeding USD 10 million.


      70% female workforce participation crucial for Viksit Bharat

70% female workforce participation crucial for Viksit Bharat

Achieving 70 per cent female workforce participation by 2047 is crucial for building a Viksit Bharat, as it can unlock significant economic potential and drive national growth, said Sumita Dawra, Secretary, Ministry of Labour and Employment, on Wednesday in New Delhi.

      Cabinet approves ropeway project for Hemkund Sahib in Uttarakhand

Cabinet approves ropeway project for Hemkund Sahib in Uttarakhand

Currently, the journey to the Hemkund Sahib Ji is a challenging 21-km uphill trek from Govindghat and is covered on foot or by ponies or palanquins.

      Cabinet clears Kedarnath ropeway to cut travel time

Cabinet clears Kedarnath ropeway to cut travel time

The ropeway project will be a boon to the pilgrims visiting Kedarnath as it would provide an environment-friendly, comfortable and fast connectivity and reduce travel time in one direction from about 8 to 9 hours to about 36 minutes.

      India poised to become the global chemicals supply hub: McKinsey

India poised to become the global chemicals supply hub: McKinsey

India could potentially emerge as a global supply hub for chemicals, having demonstrated strong cost competitiveness and market attractiveness over the last five years, said a report by McKinsey & Company prepared in association with the Indian Chemical Council.

      India puts restrictions on platinum alloy imports

India puts restrictions on platinum alloy imports

India on Wednesday imposed import restrictions on platinum alloys with purity less than 99 per cent, apparently aimed at curbing unfair trade of the precious metal.

      BRICS CCI WE Summit 2025 calls for collaborative global platforms

BRICS CCI WE Summit 2025 calls for collaborative global platforms

BRICS CCI WE, the Women Empowerment Vertical of the BRICS Chamber of Commerce and Industry (BRICS CCI) hosted the fifth edition of the BRICS CCI WE Annual Women's Summit & Felicitations 2025, celebrating the spirit of women-led development.

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    Ajay Bhadoo appointed as CEO of Government e Marketplace
Business

Ajay Bhadoo appointed as CEO of Government e Marketplace

The Government of India has appointed Additional Secretary in the Department of Commerce Ajay Bhadoo, as the Chief Executive Officer (CEO) of Government e Marketplace (GeM) with effect from March 3, 2025.


    IRFC becomes India’s third-largest government NBFC
Business

IRFC becomes India’s third-largest government NBFC

IRFC has played a key role in funding nearly 80 per cent of Indian Railways' rolling stock and was the first CPSE to issue a 30-year tenor bond in overseas markets.


    Despite global weakness, Sensex Nifty jumps after trading weak fo
Business

Despite global weakness, Sensex Nifty jumps after trading weak fo

The stock markets on Wednesday witnessed strong buying sentiments in the middle of the trading session after trading weak for 19 straight sessions.


    Housing finance market to grow at 15-16% CAGR through 2029-30
Business

Housing finance market to grow at 15-16% CAGR through 2029-30

The housing finance market, valued at around Rs 33 trillion, is expected to grow at a CAGR of 15-16 percent between 2024-25 and 2029-30 to Rs 77-81 trillion, CareEdge Ratings has asserted.


    India expands UK footprint
Business

India expands UK footprint

The India-UK partnership is set to strengthen significantly as External Affairs Minister S Jaishankar visits the United Kingdom to reinforce the growing GBP 41 billion trading relationship between the two nations.


    Indian hospitality sector set for strong Q4 growth
Business

Indian hospitality sector set for strong Q4 growth

Key hospitality players are expected to witness 12-14 per cent year-on-year (YoY) growth in Revenue Per Available Room (RevPAR), similar to Q3FY25. This growth is primarily attributed to an 11-13 per cent increase in Average Room Rate (ARR) and higher occupancy levels.


    Half of India’s mutual fund investments come from 5 cities: report
Business

Half of India’s mutual fund investments come from 5 cities: report

Half of India's mutual fund investment comes from the top five cities of India, says a report by asset management firm Abakkus.


    India’s services sector grows faster in Feb amid rising demand
Business

India’s services sector grows faster in Feb amid rising demand

India's services sector expanded at a stronger pace in February, driven by rising domestic and international demand, leading to increased new orders, higher employment, and robust business activity. However, while cost pressures persisted, inflation rates eased to a four-month low, according to HSBC India Services PMI.


    ceramics and bathroom fittings industry likely to face another ye
Business

ceramics and bathroom fittings industry likely to face another ye

The home decor industry, already struggling with sluggish demand, is expected to face continued stagnation for another year, according to a report by Nuvama, a financial services company.


    Indian railways signals weak container growth trend
Business

Indian railways signals weak container growth trend

Indian Railways (IR) latest data indicates a sluggish growth trend in container volumes, raising concerns over the performance of container train operators (CTOs) in Q4FY25, according to a report by Nuvama.


    Stock market opens in green
Business

Stock market opens in green

The BSE Sensex started the session 162.63 points higher at 73,152.56, while the Nifty 50 gained 52.85 points, opening at 22,135.50. Market breadth showed 30 Nifty companies advancing, while 20 declined, reflecting cautious optimism among investors.


    Auto sector faces near-term consolidation
Business

Auto sector faces near-term consolidation

In the commercial vehicle (CV) segment, domestic dispatches witnessed a 3 per cent decline year-on-year (YoY) and 1 per cent month-on-month (MoM) in February 2025.


    PM to participate in post-Budget webinar on employment Wednesday
Business

PM to participate in post-Budget webinar on employment Wednesday

Prime Minister Narendra Modi will participate in the Post-Budget Webinar on Employment on Wednesday around 1:30 pm via video conferencing.


    At post-Budget webinar, FM Sitharaman puts thrust on implementati
Business

At post-Budget webinar, FM Sitharaman puts thrust on implementati

Speaking at a post-Budget webinar hosted by the Department of Financial Services, the finance minister recounted how some of the announcements made in the July 2024 Budget have been implemented in a short time.

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Ajay Bhadoo appointed as CEO of Government e Marketplace

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IRFC becomes India’s third-largest government NBFC

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Despite global weakness, Sensex Nifty jumps after trading weak fo

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Housing finance market to grow at 15-16% CAGR through 2029-30

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India expands UK footprint

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