The 214 crore upgrade project at ITIs is a joint project by Tata Technologies and the Goa government in which Tata Technologies will be spending 214 crore, whereas the Goa government will spend 49 crore.
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion by 2030, up from USD 2.4 trillion in 2024.
Indian stock market is set for a reversal in performance in the coming days says a recent report by Morgan Stanley. The report highlighted several factors that indicate a potential recovery after a period of slowdown and uncertainty.
"Does taking a dip in Ganga alleviate poverty?... When children are dying of hunger, these people spend thousands of rupees on taking dips in the Ganga and competing with each other... Such people cannot do any good for the country," the Congress President added.
Days ahead of the Union Budget 2025-26 on February 1, the industry players in the manufacturing sector have called for favourable policies boosting local manufacturing, reducing GST on consumer durables, and tax reforms to increase disposable incomes and stimulate consumer spending.
Patra specifically targeted AAP leaders, including Arvind Kejriwal, who is out on bail in the liquor scam case. He questioned Kejriwal's lavish spending, citing the Rs 6 crore curtains in his Sheesh Mahal and the Rs 45 crore renovation of his house during the COVID-19 pandemic.
He mentioned that Kejriwal had said that he would not take a government bungalow, but after spending over 51 crores, he built a 50,000-square-foot 'Sheesh Mahal'.
As the Union Government gears up for Budget 2025, a report by State Bank of India stated that the government should give significant focus to revitalizing the insurance and healthcare sectors in the country.
Taiwan's parliament has frozen billions in defence spending following Donald Trump's inauguration, raising concerns about the island's readiness against China's threats. The move highlights political divisions and creates uncertainty about US support as Taiwan faces growing military and dipl
Nearly 3 million food service establishments in China closed in 2024 due to rising costs, bankruptcies, and reduced consumer spending. High-profile closures included Michelin-starred restaurants and popular chains, impacting every segment of the industry.
US President Donald Trump delivered virtual remarks to the World Economic Forum on Thursday and highlighted the swift changes he has brought into the American policies both at domestic and international level soon after assuming his second term as the President of the United States of Americ