The travel and hospitality sector's growth is being fueled by the adoption of smart tourism technologies, a revival of MICE (Meetings, Incentives, Conferences, and Exhibitions) activities, and a heightened focus on sustainable tourism practices.
Niranjan Hiranandani, managing director of Hiranandani Group, on the sidelines of World Economic Forum (WEF) meetings in Davos, spoke about the measures to boost the real estate sector in India, adding that rate cut and incentives are needed.
As the Union Budget 2025-26 approaches, leaders from the agriculture processing and allied industries have voiced their expectations for measures that can significantly boost the sector's growth and sustainability.
Dubai consolidated its standing as a top choice for prominent international conferences, congresses, corporate meetings and incentives in 2024, with the city securing the opportunity to host a record 437 events from a range of sectors and professions.
The unveiling came as part of the Bharat Climate Forum 2025 organised in New Delhi. Addressing the gathering, Goyal emphasised on the negative impact of subsidies and Product Linked Incentives (PLIs) in the long run, saying such benefits "are detrimental to long-term growth and development o
India's electric mobility space is "absolutely ready to fly" and there is no need for newer incentives or subsidies, Commerce Minister Piyush Goyal said Friday, after a meeting with officials from various ministries and stakeholders of the Indian EV ecosystem.
The government should bring a Production Linked incentive (PLI) scheme for farmers instead of giving the fertilizer subsidy as this is hurting the farmers instead of benefiting them says Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission.
The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.
The Aam Aadmi Party (AAP) government honoured five players and a coach from Delhi who brought glory to India in the 2024 Olympics and Paralympics by providing them with a fixed amount under a cash incentive scheme.
The Production Linked Incentive (PLI) schemes across 14 sectors under the Make in India initiative are demonstrating good results. The manufacturing and construction sectors saw near double-digit growth in FY 2023-24.
India's pharmaceutical exports soared from over USD 15 billion to USD 28 billion in the decade ending FY24, powered by initiatives like the Production Linked Incentive (PLI) and Bulk Drug Parks.
This shift has led to higher food demand, narrowing urban supplies, and persistent food inflation. The dependence on agriculture for employment has also grown, with 46.1 per cent of the workforce engaged in the sector in 2023-24, up from 42.5 per cent in 2017-18.