India`s industrial & logistics construction to exceed 60 million square feet

India's rapid urbanisation, robust infrastructure development, and economic growth have collectively driven significant demand, boosting construction activity in the industrial and logistics sector and supply, which is projected to surpass 60 million square feet annually over the next 3-4 years, a report said on Tuesday.    According to a report by Savills India, a global … Read more

Centre has released Rs 50,571 crore to states as special assistance

The Centre has released Rs 50,571.42 crore to states as part of its ‘special assistance for capital investment’ scheme to step up expenditure in various development projects during the first eight months of the current financial year, Minister of State for Finance, Pankaj Chaudhary has informed the Lok Sabha.   The minister stated in a … Read more

India among world?s top 10 exporters of high-value products

India has recorded a sharp increase in exports for several key product categories with the country maintaining or improving its rank among the top ten global suppliers, in export values exceeding $1 billion in 2023, according to figures released by the Commerce and Industry Ministry on Tuesday.   “From dominating the global market in precious … Read more

Rupee weakens against US dollar on Tuesday

Indian rupee weakened against the US dollar on Tuesday, driven by stronger American currency and unabated foreign portfolio outflows from the Indian capital market. Foreign Institutional Investors were net sellers in the capital markets on Monday, as they offloaded shares worth Rs 238.28 crore, exchange data showed. Besides, weaker domestic macroeconomic indicators, geopolitical tensions, and … Read more

India a rising economic power & gateway for investments: Global leaders

India is a rising economic power and a gateway for investments, the global leaders said on Monday.   Global leaders participated in the inaugural session of the CII Partnership Summit 2024 in the national capital. Trade Ministers from Italy, Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar and the Secretary of State for … Read more

Asia`s first water transport service ?Uber Shikara? launched on Dal Lake

Asia's first water transport service, "Uber Shikara", is now available in J&K’s picturesque Dal Lake.  Uber rolled out Asia’s first water transport service with shikara bookings on its app. Tourists visiting the Dal Lake will now enjoy a hassle-free travel experience with the launch of Uber's first water transport service 'Uber Shikara'. This innovative initiative … Read more

Ayush market grew $43.4 bn in 2023, exports doubled to $2.16 bn: Shripad Yesso Naik

 The Ministry of Ayush has witnessed a transformative journey over the last decade, with the Ayush market growing exponentially — from $2.85 billion in 2014 to $43.4 billion in 2023, said Union Minister Shripad Yesso Naik on Monday. With exports doubling from $1.09 billion to $2.16 billion, he noted that the country has positioned itself … Read more