India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
The coastal areas of Kerala and Tamil Nadu are expected to experience the "kallakkadal phenomenon" on January 15 night, causing rough waves and a possible sea surge. The Indian National Centre for Ocean Information Services (INCOIS) has issued an alert, advising coastal residents to move to safer locations and avoid venturing into the sea.
Union Minister of State for Petroleum and Natural Gas Suresh Gopi has stirred controversy by suggesting that members of the "upper castes" should handle the tribal affairs portfolio. Gopi, an actor-turned-politician, argued that true progress in tribal welfare would only be achieved under the leadership of individuals from "upper castes." His comments have been met with widespread criticism, including from CPI state secretary Benoy Viswam and prominent tribal leader C K Janu.
Writers and creators are telling more authentic stories based in states and cities that we may not have seen much of in mainstream media, such as Nagaland, Arunachal Pradesh, and Madhya Pradesh. Or ones that we have some mistaken notions about like Punjab, Delhi, Haryana, Bihar, Tamil Nadu, highlights Vanita Kohli-Khandekar.
Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.
Iran's ambassador to India, Iraj Ilahi, expressed concern about the stability and security of the "whole region" following the collapse of the Syrian government, highlighting Tehran's worries about the potential wider ramifications of the situation. Ilahi also emphasized the importance of promoting tourism between India and Iran, citing their shared cultural heritage and the recent easing of visa restrictions.
Besides the not-so-hidden unease between Modi and Adityanath, Modi chose to address the Lok Sabha to ensure that he could personally claim all the kudos, observes Nilanjan Mukhopadhyay.
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
The Rajasthan government has rechristened the state tourism corporation's well-known Hotel Khadim in Ajmer as 'Ajaymeru' with an aim to preserve the cultural heritage of the city, according to an official order.
From dressing in colourful lehengas and sherwanis to dancing to Bollywood tunes during the baraat, these startups are offering an immersive journey into the world of Indian weddings.
Prime Minister Narendra Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by Chief Minister Omar Abdullah.
AA reported that emergency teams from neighboring cities, including firefighters, disaster response units, and medical teams supported by helicopters, were dispatched to the scene.
A senior Uttar Pradesh tourism department official, who had resigned due to work pressure but was asked to continue, allegedly committed suicide on Tuesday in Mumbai, the police said.
The Central Bureau of Investigation has registered a fresh case of corruption against former finance minister P Chidambaram's son and Congress MP, Karti Chidambaram, for allegedly giving relief to alcoholic beverage company Diageo Scotland over a ban on the duty-free sale of its whisky, officials said on Thursday.
The case was registered following a complaint filed by KP Sumesh, a local Communist Party of India leader, seeking legal action against Gopi for allegedly misusing an ambulance to reach the Pooram venue flouting police restrictions.
The Union health ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district hospitals over the next three years.
The Prayagraj airport in India is experiencing a surge in air traffic due to the Maha Kumbh, a major religious festival. The airport is handling an average of 40 non-scheduled charters and private jets daily, with figures reaching 70 on weekends. This is in addition to the average 148 scheduled commercial passenger aircraft operating daily. The airport recently received a contingent of about 180 politicians from Rajasthan and has seen corporate bigwigs like the Ambani brothers, Gautam Adani, and Pawan Munjal pass through. The airport has also hosted four international flights since the beginning of the Maha Kumbh, including a flight carrying Laurene Powell Jobs, the wife of Apple co-founder Steve Jobs. The airport is currently undergoing an upgrade and expansion, and officials are looking forward to the government's plans to integrate Prayagraj with the airports at Kashi and Ayodhya to promote tourism in the region.
The newly-formed Delhi Cabinet in its first meeting approved the implementation of the Ayushman Bharat health insurance scheme in the national capital. The cabinet also decided to present 14 pending CAG reports in the first session of the assembly. Delhi Chief Minister Rekha Gupta said that the previous AAP government did not allow the health scheme in the city, preventing the people from availing its benefits.
Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
Countries like Qatar, and Saudi Arabia are also in the running for the 2036 Games hosting rights and it would take a significant effort from India to upstage their bids.
'But this Budget alone will not fix what ails the Indian economy.'
Fitch Ratings on Monday said India's steady GDP growth outlook, improved banking sector's financial health and expected interest-rate cuts in 2025 will support credit access for corporates in FY26.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.
Modi also met the construction workers who worked meticulously amid harsh conditions to complete the tunnel.
India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."
Is a sulking Eknath Shinde on the way out as Shiv Sena chief?
With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.
The higher reaches of Kullu and Lahaul and Spiti districts in Himachal Pradesh received intermittent snowfall on Saturday, breaking eight weeks of a dry spell and intensifying the cold wave conditions in the adjoining areas.
For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.
Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.
The Union Environment Ministry sent a office memorandum to the state in this regard following directions from Prime Minister Narendra Modi, sources said.
Two Guinness World Records -- most people performing 'aarti' simultaneously and the largest display of oil lamps -- were set at the eighth edition of Deepotsav in Ayodhya on Wednesday.
Over 150 women competed in the first-ever traditional women's boat race on Dal Lake.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
From stunning animal portraits to captivating glimpses of behaviour in their natural habitat, the World Nature Photography Awards contest showcases the intricate relationship between animals, plants, fungi, and humans.
Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.
Prayagraj is a must-visit place in 2025, but in January and February you can't miss the Maha Kumbh, a spectacular event like no other.
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