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Private equity investments in Indian real estate surge 15 pc YoY to USD 3
Updated : 1 year, 8 months ago IST
Private equity (PE) investments surged to USD 3 billion in the first half of 2024, reflecting a 15 per cent increase compared to USD 2.6 billion during the same period in 2023, according to Knight Frank India report.
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India may boost FY25 capex by 8-10 pc amid surging revenues and record RBI
Updated : 1 year, 8 months ago IST
This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (BSE) briefly surpassed USD 5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong.
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Karnataka approves bill for 50 pc administrative, 75 pc non-administrative
Updated : 1 year, 8 months ago IST
Karnataka Chief Minister Siddaramaiah announced on Wednesday that the cabinet, in its Monday meeting, approved a bill enforcing 50% reservation for administrative posts and 75% for non-administrative posts for Kannadigas in private industries.
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India and China to drive new wealth creation globally, Asia to contribute
Updated : 1 year, 8 months ago IST
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD 730 billion annually to
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Only 57.44 pc B.E. and B.Tech. graduates employable in automotive industry
Updated : 1 year, 8 months ago IST
Only 57.44 per cent of engineering graduates in India are employable in the ever-transformative automotive industry, according to a study by the Society of Indian Automobile Manufacturers, which recommended curriculum revisions in colleges.
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Karnataka cabinet approves key Bills including 100 pc reservation of jobs
Updated : 1 year, 8 months ago IST
The Bill drafted by the Labour Department claimed that jobs of industries operating in the state are going to the states of North India. The Bill states that industries that get infrastructure including land and water from the state should give reservations for jobs to the locals, and thi
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Prices of chana, tur, urad decline by up to 4 pc in major mandis, retail p
Updated : 1 year, 8 months ago IST
Department of Consumer Affairs organised a meeting with Retailers Association of India (RAI) here today to discuss the price scenario in respect of pulses and compliance of some stock limits with Secretary Nidhi Khare asking the retail industry to extend all possible support to the governmen
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Cashless payments in Asia Pacific projected to reach 45 pc of global payme
Updated : 1 year, 8 months ago IST
Total cashless payments in the entire Asia Pacific region are projected to reach almost 45 per cent of global payment volume by the end of this decade - 2030, said S&P Global Market Intelligence.
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Food inflation is the biggest concern, although core inflation at a record
Updated : 1 year, 8 months ago IST
According to CRISIL report, the increase in food prices, particularly vegetables, cereals, milk, and fruits, has been a significant contributor to this uptick.
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Union Civil Aviation Minister announces uniform IGST rate of 5 pc on aircr
Updated : 1 year, 8 months ago IST
Union Civil Aviation Minister Kinjrapu Rammohan Naidu on Monday announced the implementation of a uniform Integrated Goods and Services Tax (IGST) rate of 5% on all aircraft engine parts.
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India needs Digital Twin Policy to drive 33 pc increase in infra investmen
Updated : 1 year, 8 months ago IST
India's infrastructure sector is on the brink of a major transformation. As the nation sets its sights on becoming a USD 40 trillion economy by 2047, the role of advanced technologies in managing and expanding infrastructure projects assumes vital importance
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"Internally 2-4 pc officers are 'Hathi', 'cycle' and Panja": UP Minister S
Updated : 1 year, 8 months ago IST
The Uttar Pradesh minister also pointed out that if the bulldozer is used, where will the votes come from?
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