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New Delhi [India], September 14 (ANI): India's logistics and industrial real estate sector recorded double-digit growth in the first half of 2025, with total leasing at 30.7 million square feet (MSF) - a 21.6 per cent increase YoY and 12.1 per cent higher than H2 2024, according to Cushman & Wakefield's latest H1 2025 Logistics & Industrials Marketbeat Report. The growth is driven by strong demand across warehousing and manufacturing segments, the report added. The performance underlines the s ...Read More >
New Delhi: There have been a lot of conversations surrounding the ageing cars being run on the road and the emissions being caused by them. With the introduction of the scrappage policy in 2021, the government has created an avenue for owners to scrap end-of-life vehicles through incentives. Union Transport Minister Nitin Gadkari has noted the big potential of India's vehicle scrappage policy, stressing economic and environmental benefits. During the ACMA Annual Session 2025, he noted that scra ...Read More >
New Delhi [India], September 14 (ANI): India logistics and industrial real estate sector recorded double-digit growth in the first half of 2025, with total leasing at 30.7 million square feet (MSF) - a 21.6 per cent increase YoY and 12.1 per cent higher than H2 2024, according to Cushman & Wakefield latest H1 2025 Logistics & Industrials Marketbeat Report. The growth is driven by strong demand across warehousing and manufacturing segments, the report added. The performance underlines the secto ...Read More >
New Delhi [India], September 14 (ANI): The Indian luggage industry is projected to grow at a healthy CAGR of 12 per cent to reach Rs 267 billion by Calendar Year (CY) 2028, up from an estimated Rs 170 billion in CY24, according to a report by Motilal Oswal Financial Services. The report added that the sector, which had shrunk to Rs 60 billion in CY20 due to the pandemic, has staged a remarkable recovery with a 37 per cent CAGR between CY20 and CY23. Also Read | Kolkata Fatafat Result Today, Se ...Read More >
New Delhi [India], September 14 (ANI): The Indian luggage industry is projected to grow at a healthy CAGR of 12 per cent to reach Rs 267 billion by Calendar Year (CY) 2028, up from an estimated Rs 170 billion in CY24, according to a report by Motilal Oswal Financial Services. The report added that the sector, which had shrunk to Rs 60 billion in CY20 due to the pandemic, has staged a remarkable recovery with a 37 per cent CAGR between CY20 and CY23. "India's travel landscape has transformed dr ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) RSS chief Mohan Bhagwat's statement on Friday that tariffs on Indian goods have been imposed out of fear of a stronger India was not in isolation. SBI Capital Markets, in its report "Tariffs are Made in the USA, but Resilience is Made in India," described the aggressive US tariff regime as a "key flashpoint" designed to pressure India's external sector. The report had viewed the approach as targeted at curbing India's broader economic momentum. However, rece ...Read More >
Excelsior Correspondent MUMBAI, Sept 12: Buoyed by a significant surge in operating profit, the Bombay Mercantile Cooperative Bank unveiled a series of new initiatives including innovative loan products and strategic deployment of surplus funds to propel its growth trajectory to new heights. At the 88th Annual General Meeting (AGM) today, Chairman Zeeshan Mehdi addressed stakeholders, highlighting the Bank's strong financial performance for the Financial Year 2024-25. The Bank's operating pro ...Read More >
DESRI has inaugurated a new capability centre at RMZ Nexity, Hyderabad, to strengthen its global operations. The new office leverages India's skilled talent pool and includes state-of-the-art facilities to foster collaboration. This milestone emphasizes DESRI's commitment to operational excellence and employee well-being. DESRI, a leading figure in renewable energy investments, has inaugurated a cutting-edge capability centre at RMZ Nexity in Hyderabad. This strategic expansion underscores DESR ...Read More >
New Delhi: The Indian government's decision to allow duty-free cotton imports, mainly from the United States, is expected to provide some relief to the country's apparel exporters, who face a 50% duty in the US. Industry leaders believe the move will help manufacturers by raising the share of US-origin inputs in finished garments, partially shielding them under America's reciprocal tariff rules. Under the new tariff structure, duties are applied only to the portion of a product that does not us ...Read More >
New Delhi, Sep 1 (PTI) TCA Kalyani has assumed charge as the Controller General of Accounts (CGA) in the Department of Expenditure, the finance ministry said on Monday. A 1991-batch officer of the Indian Civil Accounts Service (ICAS), Kalyani is the 29th officer to hold this prestigious position. Before assuming charge as CGA, Kalyani served as the Principal Chief Controller of Accounts (Pr CCA), Ministry of Home Affairs, where she oversaw the budgeting and accounting of one of the largest Min ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) India's natural diamond polishing industry recorded 18 per cent surge in exports in July on year-on-year (YoY) basis as it had cranked up production to meet the anticipated festival demand in the US, a report said on Thursday. The industry is projected to see a 28-30 per cent decline in revenues, dropping to approximately $12.50 billion this fiscal year, down from $16 billion last fiscal year due to the impact of US tariffs, a report from credit ratings agency ...Read More >
MUMBAI: The 50% tariffs on natural diamond exports from the country will have the natural diamond polishing industry which polishes 95% of the global production and nets the maximum income from the US, staring at a steep 28-30% decline in revenue to $12.50 billion this fiscal, compared to the $16 billion they netted last fiscal. The blow will follow a 40% de-growth over the past three fiscals because of the fall in both prices as well as sales volume of natural diamonds as demand in the US and ...Read More >
Indian ready-made garment (RMG) industry revenue growth is projected to slow significantly due to the US imposing 50% tariffs on imports from India starting August 27, 2025. Crisil's analysis indicates a decline in profitability and weakened credit metrics for RMG exporters, particularly those heavily reliant on the US market. An analysis of over 120 ready-made garment (RMG) makers with a total revenue of Rs 45,000 crore by Crisil has shown that the revenue growth of the country's RMG industry ...Read More >
The survey noted that government schools play a pivotal role in providing education across India, accounting for 55.9 per cent of total enrolments. "It is higher in rural areas, where two-thirds of students are enrolled, in comparison to urban areas . The private unaided schools account for 31.9 per cent of enrolment nationwide," the survey report said. The CMS Education survey, part of the 80th round of the National Sample Survey , focused specifically on household expenditure for currently e ...Read More >
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India's GDP. Back in his first term, Donald Trump had first called India as the "tariff king." Now, in his second stint in the White House, he has repeated that often and is now bringing the 50 per cent tariff hit for New Delhi. The order, Executive Order 14329, links the penalty to ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
Mumbai: Revenue growth of the domestic readymade garment (RMG) industry is projected to slow to 3-5% this fiscal year, after the US imposed a steep 50% duty on India's imports to the world's largest economy. The tariffs, which take effect from Wednesday, could crimp profitability of garment makers, likely straining their financial health, according to a note from ratings agency Crisil released on Tuesday. The impact will vary, hitting some firms harder than the others, especially those that ge ...Read More >
New Delhi, Aug 26 (PTI) Nearly one-third of school students take private coaching and the trend is more common in urban areas, the Centre's Comprehensive Modular Survey (CMS) on education has found. The survey noted that government schools play a pivotal role in providing education across India, accounting for 55.9 per cent of total enrolments. "It is higher in rural areas, where two-thirds (66.0 per cent) of students are enrolled, in comparison to urban areas (30.1 per cent). The private unai ...Read More >
Crisil Ratings anticipates a 9-11% revenue increase for diversified EPC companies this fiscal year, fueled by infrastructure capital expenditure growth and efficient project execution. The study, encompassing 15 firms with a combined revenue of ₹3.15 lakh crore, highlights the sector's reliance on government and private capex. Diversified engineering, procurement and construction (EPC) companies are likely to witness a modest rise of 9-11 per cent in revenue in the current financial year, acco ...Read More >
Mumbai: On August 25, 2025, Rajiv Anand officially took charge as the Managing Director and CEO of IndusInd Bank, backed by the board and pending shareholders' approval. His appointment spans three years, reflecting the bank's push for stability after leadership turmoil earlier this year. Bringing in a Banking Veteran Anand arrives with over 35 years of experience in banking. He stepped down as Deputy Managing Director at Axis Bank in August and previously held leadership roles in both retail ...Read More >
Bengaluru: Apple Inc is expanding its India presence, having leased several office and retail store spaces across Mumbai and Bengaluru over the last two years, underscoring the country's growing importance as both a consumption hub and manufacturing base for the iPhone maker. According to lease documents reviewed by ET, Apple and its partners have leased or committed to leasing almost a million square feet of prime real estate in marquee business districts and shopping centres since 2023. These ...Read More >
Mumbai, Aug 21 (PTI) Rapidly expanding global capability centres of banking, financial services and insurance (BFSI) sector has led to an acute shortage of talent, widening skill gap and higher workforce expense for enterprises, a report said on Thursday. India's BFSI GCC sector was valued at USD 40-41 billion in 2023 and is projected to touch USD 125-135 billion by 2032, which reflects a CAGR of 12-13 per cent, according to 'BFSI GCC Talent Report 2025' by staffing and workforce solutions prov ...Read More >
New Delhi [India], August 14 (ANI): Border Security Force Sub-Inspector Vyas Dev and Constable Suddi Rabha are among those 16 personnel who have been awarded the Medal for Gallantry (GM) on the 79th Independence Day for showing their exceptional bravery and unmatched valour exhibited by them in Operation Sindoor. In addition, the President Medal for Distinguished Service (PSM) to five and the Medal for Meritorious Service (MSM) to 46 are also awarded to BSF officers and personnel. During Opera ...Read More >
Bengaluru (Karnataka) [India], August 14: Large-sized deals (≥100,000 sq. ft.), continue to drive India commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51 of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers sustained appetite for high-quality office spaces to support growth strategies. Technology sector continues to drive large-sized transaction ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for ...Read More >
New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors, simplify tax compliance, ensure full input tax credit claims, and optimize bookkeeping processes. Also Read | 'Bigg Boss 19': Transgender Athlete Anaya Bangar Approached for Salman Khan's Upcoming Reality S ...Read More >
Bengaluru (Karnataka) [India], August 14: Large-sized deals (>=100,000 sq. ft.), continue to drive India's commercial office market, consistently accounting for bulk of the Grade A office space uptake in the last 5 years. In H1 2025 too, 51% of the total leasing across the top 7 cities was through large-sized deals at 17.2 million sq feet, reflecting occupiers' sustained appetite for high-quality office spaces to support growth strategies. Also Read | 'Bigg Boss 19': Transgender Athlete Anaya B ...Read More >
Kolkata, Aug 14 (PTI) Chief Minister Mamata Banerjee on Thursday said India would not have got Independence if Bengal was not there, as personalities like Rabindranath Tagore and Subhas Chandra Bose, who contributed significantly to shaping the nation's destiny, were born here. Speaking at a function marking the 12th anniversary of the 'Kanyashree' scheme, Banerjee said Bengal is the beacon of hope which stands for unity amid diversity. "If Bengal was not there, India would not have got Indepe ...Read More >
VMPL New Delhi [India], August 14: Having worked closely with micro, small, and medium businesses (MSMEs) for over two decades, I have seen how transformative the right accounting tools can be in helping businesses streamline billing, avoid losses due to incorrect pricing and other manual errors, simplify tax compliance, ensure full input tax credit claims, and optimize bookkeeping processes. When implemented effectively, modern accounting solutions empower business owners to shift their focus ...Read More >
VMPL Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled 'Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region' at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 ...Read More >
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