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Economy / Daily Excelsior

Crystal Crop Protection founder steps back as son takes expanded leadership role

NEW DELHI, Nov 25: Agrochemical maker Crystal Crop Protection Ltd on Tuesday said it had appointed founder Nand Kishor Aggarwal as Chairman Emeritus while elevating his son Ankur to Executive Chairman and Managing Director. The leadership transition comes as the company seeks to expand its presence in crop protection, seeds, biotechnology, and sustainable farming solutions amid a rapidly evolving global agricultural landscape. Nand Kishor Aggarwal, who founded the company four decades ago, will

25 Nov 2025 12:51 pm
Delhi Airport Sees Flight Cancellations, Delays Due To Volcanic Ash Plumes Impact

New Delhi, Nov 25: At least 7 international flights were cancelled and more than 10 overseas flights delayed at the Delhi airport on Tuesday as ash plumes from the volcanic eruption in Ethiopia impacted airlines operations. Air India has cancelled 13 flights since Monday. Ash clouds from the recent eruption of the Hayli Gubbi volcano in Ethiopia are impacting flight operations, and there are reports suggesting that clouds are drifting towards the western parts of India. An official said 7 [] The

25 Nov 2025 12:03 pm
Mahindra Logistics, LOreal India launch all-women operated warehouse in Indore

MUMBAI, Nov 24: Mahindra Groups logistics arm MLL on Monday announced the launch of an all-women operated warehousing facility in Indore, Madhya Pradesh, in collaboration with the Indian subsidiary of French multinational firm LOreal. The facility supports distribution across central India, enabling movement of goods to key markets, including Jabalpur, Bhopal, Indore, Singrauli, Sagar, Ratlam, Bina, Satna, Rewa, Shahdol and Shivpuri, among others, Mahindra Logistics Ltd (MLL) said. MLL said the

24 Nov 2025 4:15 pm
ACME Solar wins 130 MW round-the-clock renewable energy tender from Railways

NEW DELHI, Nov 24: ACME Solar Holdings on Monday said it has secured the winning bid for a 130 MW capacity in a tender floated by Railways (REMCL) for round-the-clock renewable energy. The companys winning bid was Rs 4.35 per unit, according to a company statement. According to the statement, ACME Solar Holdings Ltd (ACME Solar) has emerged as the winning bidder for 130 MW under the e-reverse auction conducted by REMC Ltds (REMCL) 1,000 MW round-the-clock (RTC) renewable [] The post ACME Solar

24 Nov 2025 4:02 pm
Pfizer launches new medication for migraine treatment

NEW DELHI, Nov 17: Drug maker Pfizer on Monday said it has launched a new medication for migraine treatment. The company has introduced Rimegepant ODT in India for adults with a previous insufficient response to triptan, the usual drugs for treating migraine. The new medication delivers rapid and sustained pain relief lasting up to 48 hours post-treatment, while not associated with the risk of medication overuse headaches, Pfizer Ltd said in a statement. Rimegepant will be available in a [] The

17 Nov 2025 3:52 pm
H2 going to be important for volume & value sales for Allied Blenders & Distillers: Managing Director

NEW DELHI, Nov 16: Allied Blenders and Distillers Ltd (ABD), a home-grown spirits company, which has plans to launch three new brands in its luxury portfolio in the second half, is looking at the October-March period as extremely important in terms of both volume and value sales, its Managing Director Alok Gupta said. The company, which reported a 32.2 per cent increase in net profit in the latest September quarter earnings, now expects further improvement in margins with a [] The post H2 going

16 Nov 2025 4:59 pm
Next round of talks on proposed trade pact with Chile likely in Dec

NEW DELHI, Nov 16: The next round of negotiations between India and Chile on the proposed free trade agreement is expected to be held in December here, an official said. The pact with the the South American nation may help India access critical minerals, which are key inputs for electronics, auto, and solar sectors. India and Chile concluded the third round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in Santiago. The four-day talks concluded on October 30. [] The p

16 Nov 2025 4:56 pm
Indias coal imports rise 14 pc in September

NEW DELHI, Nov 16: The countrys coal import surged by 13.54 per cent to 22.05 million tonnes (MT) in September, driven by increased demand of the dry fuel ahead of the festive season. Imports in September recorded a notable rise from 19.42 MT of coal imported during the same month of the previous financial year. Breaking down the numbers, non-coking coal import stood at 13.90 MT for the month, slightly higher than the 13.24 MT imported in September 2024. [] The post Indias coal imports rise 14

16 Nov 2025 1:08 pm
RBI Approves Appointment Of Veteran Banker S Krishnan As Chairman Of J&K Bank

NEW DELHI, Nov 13: J&K Bank on Thursday said the Reserve Bank of India has approved the appointment of S Krishnan as part-time chairman of the Bank. His appointment is effective from November 13, 2025 till March 26, 2028, J&K Bank said in a regulatory filing. The banks board had in August approved his appointment, it said. Krishnan, currently an independent director on the board of Srinagar-headquartered bank, served as MD & CEO of state-owned Punjab & Sind Bank. Subsequent [] The post RBI Appro

13 Nov 2025 8:54 pm
Juniper Green Energy, GUVNL sign PPA for 50 MW wind project

NEW DELHI, Nov 13: Juniper Green Energy on Thursday said it has signed a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 50 MW wind project in Gujarat. Under this PPA signed through arm Juniper Green BESS Delta, Juniper Green Energy will develop a wind energy project located in Gujarat, the company said in a statement. The project is scheduled to commence the supply of power from November 6, 2027. The PPA was signed on [] The post Juniper Green Energy, GUVNL sign PP

13 Nov 2025 3:44 pm
Three-day pharma industry event from Nov 25 to host global pharma leaders, exhibitors, investors

NEW DELHI, Nov 13: Over 50,000 industry professionals, 2,000 exhibitors and investors from more than 120 countries will participate in a three-day pharmaceutical industry event on November 25 at India Expo Centre, Greater Noida, to showcase their innovations and collaborations. Organised by Informa Markets in India, the 18th edition of CPHI and PMEC India 2025 will feature the complete pharmaceutical value chain under one roof and focus on key industry themes such as API self-reliance, sustaina

13 Nov 2025 3:42 pm
DHL Group plans Euro 1-bn investment across its businesses in India by 2030: CEO Tobias Meyer

MUMBAI, Nov 13: Global logistics operator DHL Group on Thursday announced its plans to invest around Euro 1 billion across its businesses in India by 2030. This significant commitment underscores the companys confidence in India as a key growth market as part of its Strategy 2030-Accelerated Sustainable Growth plan, DHL Group announced here at a press conference. Global trade is facing headwinds, but we remain confident in Indias dynamic market. The countrys diversification strategy and busines

13 Nov 2025 1:17 pm
India part of global transition to self-reliant Hydrogen Economy: Dr Jitendra

Excelsior Correspondent NEW DELHI, Nov 12: India today is a key part of global transition to a self-reliant hydrogen economy, Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh said while addressing the 3rd International Conference on Green Hydrogen (ICGH-2025) at Bharat Mandapam here. The Minister underscored that clean energy is no longer a matter of environmental choice, but an economic, technological, and strategic imperative for the nations growth. D

13 Nov 2025 4:28 am
Indias 2025-26 sugar output seen up 18.6 pc at 30.95 mn tonnes: ISMA

NEW DELHI, Nov 11: Indias sugar production is expected to rise 18.58 per cent to 30.95 million tonnes in the 2025-26 marketing year that began in October, up from 26.1 million tonnes in the previous year, industry body ISMA said on Tuesday. The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) said opening stocks stood at 5 million tonnes, while ethanol diversion is estimated at around 3.4 million tonnes for the current year. Total sugar availability, including opening stocks and [] Th

11 Nov 2025 4:07 pm
Alembic Pharmaceuticals gets USFDA nod for generic migraine treatment injection

NEW DELHI, Nov 10: Alembic Pharmaceuticals Ltd on Monday said it has received final approval from the US health regulator for its generic version of Sumatriptan injection used in treatment of migraine. The approval by the US Food & Drug Administration (USFDA) is for the Abbreviated New Drug Application (ANDA) Sumatriptan Injection of strengths 4 mg/0.5 ml and 6 mg/0.5 ml single-dose autoinjector system, Alembic Pharmaceuticals said in a regulatory filing. This is Alembics first drug device comb

10 Nov 2025 1:48 pm
NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki India

NEW DELHI, Nov 9: The National Company Law Tribunal (NCLT) has approved the scheme of amalgamation, in which Suzuki Motor Gujarat is being merged with its parent entity, Maruti Suzuki India, the countrys largest carmaker. A two-member bench of the Delhi-based Principal bench of NCLT has approved the joint petition filed by Suzuki Motor Gujarat Pvt Ltd (Transferor Company) and Maruti Suzuki India Ltd (Transferee Company) and proposed the appointed date for the scheme of amalgamation on April 1,

9 Nov 2025 4:33 pm
Centre Asks States To Take Steps To Encourage Organ, Tissue Donation From Road Accident Victims

New Delhi, Nov 9: Training first responders, designating special teams in hospitals, upgrading trauma centres and registering them as organ retrieval centres are some of the steps suggested by the Centre to states to encourage organ donation, which is less than one deceased donor per million population in the country. The central government has asked all states to organise state and district-level training programmes for first responders in emergencies, such as police personnel, ambulance driver

9 Nov 2025 4:14 pm
Skoda looks to drive in more global models into India; no immediate plans to get into EVs

NEW DELHI, Nov 9: Czech carmaker Skoda plans to bring more of its global nameplates into the Indian market as it looks to cater to a diverse set of customers, according to a senior company executive. The company, which now sells products in India ranging from over Rs 7 lakh to upwards of Rs 40 lakh, however, has no immediate plans to introduce electric cars in the country. For the next year, the basic portfolio, which is the locally [] The post Skoda looks to drive in more global models into In

9 Nov 2025 11:59 am
PM Modi Flags Off 4 New Vande Bharat Trains From Banaras Railway Station

VARANASI (UP), Nov 8: Prime Minister Narendra Modi on Saturday flagged off four new Vande Bharat Express trains here from the Banaras railway station. The new Vande Bharat Express trains will operate on the Banaras-Khajuraho, Lucknow-Saharanpur, Firozpur-Delhi and Ernakulam-Bengaluru routes. The semi-high-speed trains will significantly reduce travel time between major stations, enhance regional mobility, promote tourism and support economic activity across the country, according to an official

8 Nov 2025 9:38 am
Auto retail sales surge to all-time high of over 52 lakh units in 42-day festive period: FADA

NEW DELHI, Nov 7: Automobile retail sales across the domestic market witnessed a 21 per cent year-on-year increase in the 42-day festive season led by record registrations of passenger vehicles and two-wheelers aided by GST rejig enabled drop in prices across segments, dealer body FADA said on Friday. Overall retail sales rose to 52,38,401 units in the festive period this year as compared with 43,25,632 units in the same period last year, registering an increase of 21 per cent. [] The post Auto

7 Nov 2025 11:51 am
Bank unions criticise FM remark on privatisation, demand strengthening of PSU banks

NEW DELHI, Nov 6: Bank unions have criticised Finance Minister Nirmala Sitharamans remark on privatisation of state-owned lenders and demanded that they should rather be strengthened with capital support to further financial inclusion drive. Highlighting the contribution of public sector banks (PSBs), United Forum of Bank Unions (UFBU), representing nine trade unions of officers and workmen across all banks, said, 90 per cent of accounts under Pradhan Mantri Jan Dhan Yojana were opened by PSBs.

6 Nov 2025 3:38 pm
Bajaj Finance sees 27% surge in festive loan demand

NEW DELHI, Nov 4: Bajaj Finance, a part of Bajaj Finserv, on Tuesday said it disbursed a record number of consumer loans in the festive season, registering 27 per cent growth in volume and 29 per cent in value year-on-year. This reflects the positive outcome of the governments next generation GST reforms and changes in personal income tax, aimed at increasing consumers purchasing power, Bajaj Finance said in statement. Bajaj Finance disbursed approximately 63 lakh loans from September 22 [] The

4 Nov 2025 1:39 pm
Low prices of steel problem for small companies: Secretary

NEW DELHI, Nov 4: Low prices of steel in the market now is a problem for small companies, especially when the Government is aiming to increase capacity of this important sector in the next five to seven years, Steel Secretary Sandeep Poundrik said on Tuesday. Addressing the STEEL SUMMiT 2025, Poundrik said five years ago prices of the steel were higher than what they should have been. But today prices of steel are lower than what they should have [] The post Low prices of steel problem for smal

4 Nov 2025 1:36 pm
If HIRE Bill In US Becomes Reality, It Will Light A Fire In Indian Economy: Congress

New Delhi, Nov 4: The Congress on Tuesday said a bill introduced in the US Senate proposing a 25 per cent tax on any American person making an outsourcing payment will light a fire in the Indian economy if it becomes a reality. The opposition party said the bill reflects a growing mindset in the US that while blue-collar jobs were lost to China, white-collar jobs should not be lost to India. Congress general secretary in-charge communications Jairam Ramesh made [] The post If HIRE Bill In US Bec

4 Nov 2025 10:25 am
Steel makers seek more Govt measures to curb rising imports

NEW DELHI, Nov 2: Steel makers have urged the government for more measures to check rising imports from select group of countries including China which has produced 746.3 MT of crude steel in January-September period, over six-fold of the domestic output. As per global body World Steel Association (worldsteel), India has produced 122.4 MT of crude steel in January-September. While in September alone China has produced 73.5 MT of crude steel, over 5-fold higher from 13.6 MT of domestic [] The po

2 Nov 2025 11:54 am
Tea production falls 5.9 per cent in September 2025

KOLKATA, Nov 2: Tea production during September 2025 has declined 5.9 per cent at 159.92 million kilogrammes as against 169.93 million kilogrammes in the similar previous period. According to Tea Board data, production of the crop in Assam during September 2025 remained almost stagnant at 94.76 million kilogrammes as compared to 94.03 million kilogrammes in the same period of 2024. Production of the crop in West Bengal declined to 40.03 million kilogrammes in September 2025 from 48.35 million ki

2 Nov 2025 11:53 am
Power consumption dips 6 pc to 132 billion units in October

NEW DELHI, Nov 1: Power consumption in the country fell by 6 per cent to 132 billion units in October from 140.47 BUs in same month last year, mainly on account of less use of cooling appliances. The October month also saw rains in various parts of the country. The decline in power consumption was attributed to unseasonal rainfall during the month in some parts of the country coupled with onset of winter season, which kept temperatures in check, [] The post Power consumption dips 6 pc to 132 bi

1 Nov 2025 4:59 pm
Rs 2,000 notes worth Rs 5,817 cr still in circulation: RBI

MUMBAI, Nov 1: The high-value Rs 2,000 notes worth Rs 5,817 crore are still in circulation, according to the Reserve Bank data released on Saturday. The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023. Rs 2,000 banknotes continue to be legal tender. In a statement, the central bank said the total value of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore at the close [] The post Rs 2,000 notes worth Rs 5,

1 Nov 2025 4:57 pm
Toyota Kirloskar Motor sales rise 39 pc to 42,892 units in October

NEW DELHI, Nov 1: Toyota Kirloskar Motor on Saturday reported a 39 per cent rise in total sales at 42,892 units in October as compared to 30,845 units in the same month last year. Exports were at 2,635 units last month, Toyota Kirloskar Motor (TKM) said in a statement. TKM Vice President, Sales-Service-Used Car Business, Varinder Wadhwa said the companys seamless synergies across operations and recently introduced festive editions of the Urban Cruiser Hyryder Aero Edition and the 2025 [] The po

1 Nov 2025 12:18 pm
Aviation Ministry, AAI Teams Review Proposal To Upgrade Kishtwar Airport

Jammu, Oct 29: A high-level team from Ministry of Civil Aviation and Airports Authority of India (AAI) on Wednesday reviewed the proposal to expand the Kishtwar airport under UDAN scheme. The team visited the proposed site to carry out a ground-level assessment of the area and feasibility of expansion. They also held meetings with local officials. A five-member high-level special team deputed by Ministry of Civil Aviation, Government of India, and AAI arrived in Kishtwar. They evaluated the stat

29 Oct 2025 8:00 pm
Kashmir To Get Direct Rail Connectivity Soon: Railway Official

Reasi/Jammu, Oct 29: After starting the twin Vande Bharat trains on Srinagar-Katra route, marking the completion of Udhampur-Srinagar-Baramulla rail link in June, the northern railways is now eyeing to provide direct connectivity between Kashmir and the rest of country, an official said. Senior Divisional Commercial Manager of Jammu division Uchit Singhal said the work is underway to address the operational and security hassles to achieve another milestone in Jammu and Kashmir. Talking to news a

29 Oct 2025 3:28 pm
Ola Electric scales up service network into open platform for spare parts, service

NEW DELHI, Oct 27: Ola Electric on Monday announced that it is scaling up its proprietary service infrastructure and technology vertical by providing access to independent garages and fleet operators. As part of the initiative, the Bengaluru-based firms spare parts, diagnostic tools, and service training modules will be made available not only to its customers but also to independent garages, mechanics, and fleet operators across the country. Starting today, Ola Electrics genuine spare parts ca

27 Oct 2025 3:11 pm
CBIC Merges 31 Customs Duty Notifications Into One Consolidated Notification

NEW DELHI, Oct 25: In a trade facilitation measure, the Central Board of Indirect Taxes and Customs (CBIC) has merged 31 customs duty notifications into one consolidated notification. This will be effective from November 1, 2025. CBIC rolls out another trade facilitation measure! 31 Customs Duty Notifications merged into one consolidated Notification, the CBIC said in a post on X. This is a step towards simplification, transparency and ease of doing business, it added. (Agencies) The post CBIC M

25 Oct 2025 3:48 pm
Govt actively with private sector to utilise e-waste, recover various critical minerals

NEW DELHI, Oct 24: The Government on Friday said it has been actively engaging with the private sector to build sufficient capacity in the domestic market to fully utilise e-waste and recover various critical minerals. The Government last month approved a Rs 1,500 crore incentive scheme for the recycling of critical minerals. The scheme, which is a part of the National Critical Mineral Mission, aims to provide a prudent way to ensure supply chain sustainability in the near term. Subsequently, []

24 Oct 2025 4:00 pm
Processed potato products from India gaining ground in Southeast Asian markets: GTRI

NEW DELHI, Oct 23: Indias processed potato products are making greater inroads into Southeast Asian markets, driven by rising demand for snacks in those countries and rapid infrastructure development for the sector in states such as Gujarat and Uttar Pradesh, a report said on Thursday. Think tank GTRI said that exports of dehydrated potato granules and pellets have surged from USD 11.4 million 2021-22 to USD 63.3 million in 2024-25, making them Indias fastest-growing processed food export catego

23 Oct 2025 1:56 pm
Over 350 distilleries face uncertainty over ethanol allocation under new tender: Industry body

NEW DELHI, Oct 23: More than 350 operational distilleries across the country are facing an uncertain future due to inadequate procurement orders under the latest ethanol tender, with industry bodies flagging concerns over the allocation methodology that favours new entrants over existing units. The Ethanol Supply Year (ESY) 2025-26 tender issued by Oil Marketing Companies (OMCs) has come under fire from stakeholders who allege that the allocation criteria is creating artificial imbalances, while

23 Oct 2025 1:08 pm
Vikram Solar bags 148.9 MW order from Sunsure Energy

NEW DELHI, Oct 23: Solar solutions provider Vikram Solar on Thursday said it has secured an order of 148.9 MW high-efficiency solar modules from Sunsure Energy. The modules, rated at 595 Wp, will be deployed across Maharashtra and Uttar Pradesh, a company statement said. Under this contract, Vikram Solar will supply its advanced M10R N-Type TOPCon modules to Sunsure. India recently crossing the 125 GW renewable energy capacity mark is a powerful reminder of the momentum weve built on our [] The

23 Oct 2025 11:33 am
NCLT orders insolvency proceedings against Bhilai Jaypee Cement

NEW DELHI, Oct 22: The National Company Law Tribunal (NCLT) has directed for initiation of insolvency proceedings against Bhilai Jaypee Cement, a subsidiary of debt-ridden group Jaiprakash Associates Limited, for a default of Rs 45 crore. The direction of Cuttack bench of NCLT came after it admitted a plea filed by the companys operational creditor Sidhgiri Holdings Pvt Ltd, to which Bhilai Jaypee Cement owed Rs 45 crore against supply of coal. A two-member NCLT bench also appointed an [] The p

22 Oct 2025 1:03 pm
Chinas economy slows to 4.8 per cent annual growth in July-September, hit by tariffs and slack demand

HONG KONG, Oct 20: Chinas economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the worlds second largest economy grew [] The post Chinas economy slows t

20 Oct 2025 12:08 pm
Automobile exports rise 26 pc in Q2 as passenger vehicles, two-wheeler shipments spur

NEW DELHI, Oct 19: Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM. Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units in the same period of last fiscal. Passenger car exports grew 20.5 per cent to 1,25,513 units in the second quarter as against []

19 Oct 2025 12:36 pm
Darbar Move to boost economy, business of both regions: CCI

* Release SGST refund of traders: Arun Excelsior Correspondent JAMMU, Oct 18: Chamber of Commerce and Industry (CCI) Jammu today said that Chief Ministers decision to restore the age-old historic tradition of the Darbar Move will immensely strengthen the brotherhood and harmony between the two regions boost the economy and business of both the regions. In a press statement here today CCI president Arun Gupta requested the Chief Minister to immediately release the SGST refund as withholding of SG

19 Oct 2025 5:00 am
Desco Infratech, KPI Green Hydrogen and Ammonia join hands for hydrogen-natural gas blending

NEW DELHI, Oct 18: KP Group company KPI Green Hydrogen and Ammonia, Desco Infratech Ltd, and Naveriya Gas have joined hands to spearhead hydrogennatural gas blending projects, a statement said on Saturday. Under the partnership, the three companies will initiate hydrogennatural gas blending projects in the city gas distribution sector, Desco Infratech said in a statement. This partnership is a key step in building green infrastructure and supporting Indias clean energy transition. This collabor

18 Oct 2025 3:25 pm
Need For Airport Agencies To Sensitise Their Officers In Prevailing Laws: Supreme Court

New Delhi, Oct 18: There is an imminent need for jurisdictional agencies, handling affairs at international airports, to sensitise their officers in the prevailing laws before taking the drastic step of detention and arrest of an international traveller, the Supreme Court has said. A bench of Justices Vikram Nath and Sandeep Mehta made the observations while quashing the arrest and criminal proceedings against NRI Rocky Abraham, an Indian citizen settled in Italy for over two decades. He was det

18 Oct 2025 1:44 pm
RBL Bank says on growth trajectory

NEW DELHI, Oct 14: RBL Bank on Tuesday said it is on a growth trajectory and routinely explores opportunities aimed at enhancing shareholder value. In response to clarification sought by stock exchanges on a news report that Emirates NBD Bank is looking to buy a majority stake in RBL Bank, the private sector lender said: the contents of the article are incorrect. The Bank is on a growth trajectory and routinely explores opportunities which are aimed at enhancing shareholder [] The post RBL Bank

14 Oct 2025 3:28 pm
Prestige Group launches 620 homes worth Rs 2,200 cr for sales in Ghaziabad

NEW DELHI, Oct 12: Realty firm Prestige Estates Projects Ltd has launched 620 flats for sale in Ghaziabad with an estimated revenue of Rs 2,200 crore, as part of its strategy to expand business amid strong demand for premium residential properties. In April this year, Bengaluru-based Prestige Estates entered the Delhi-NCR market with the launch of its 62.5-acre township project in Ghaziabad, Uttar Pradesh. In the first phase of its township, The Prestige City, Indirapuram, Prestige Estates had

12 Oct 2025 3:59 pm
Passenger Safety Paramount, Says Railway Minister After Inspecting Holding Area At New Delhi Station

NEW DELHI, Oct 11: Since Indian Railways is the primary mode of transportation for the low and middle-income groups, efforts are being made to increase the facilities for them while ensuring safety of all passengers, Railway Minister Ashwini Vaishnaw said on Saturday after inspecting a newly-constructed permanent holding area for passengers at the New Delhi railway station. Named Yatri Suvidha Kendra, the permanent holding area is designed to accommodate approximately 7,000 passengers at any gi

11 Oct 2025 4:24 pm
PE inflow in Indian real estate drops 15pc in Jul-Sep to USD 819 mn: Anarock

NEW DELHI, Oct 11: Private equity investments in Indian real estate dropped 15 per cent in July-September to USD 819 million amid global uncertainties, according to property consultant Anarock. The private equity (PE) inflow stood at USD 967 million in the year-ago period. During April-September period of the 2025-26 fiscal, the PE investments fell 15 per cent to USD 2.2 billion from USD 2.6 billion in the corresponding period of the preceding financial year, as per the data by [] The post PE i

11 Oct 2025 12:51 pm
Mahindra Lifespace buys 13.46-acre land in Pune to develop Rs 3,500 cr worth housing project

NEW DELHI, Oct 11: Realty firm Mahindra Lifespace Developers Ltd has acquired a 13.46-acre land in Pune to develop a housing project worth Rs 3,500 crore. In a regulatory filing late Friday, the company informed that it has acquired the land in the premier neighbourhood of Nande-Mahalunge in Pune. Mahindra Lifespace, a part of Mahindra Group, did not disclose the name of the seller and also the deal value. The land is estimated to yield a development potential of [] The post Mahindra Lifespace

11 Oct 2025 12:49 pm
Indias Space Economy To Reach $44 Billion By 2033: Dr Jitendra

NEW DELHI, Oct 8 : Indias space economy is projected to reach about $44 billion by 2033, Union Minister of State for Science and Technology Dr. Jitendra Singh said, underlining that landmark reforms and private sector participation are powering the countrys emergence as a global space player. The summit brought together key stakeholders from government, industry, and academia to deliberate on the future of satellite communications in Indias digital growth story. Dr. Jitendra Singh emphasised tha

8 Oct 2025 7:17 pm
Omron launches Bengaluru Automation Centre

BENGALURU, Oct 8: Industrial automation company, Omron on Wednesday announced the inauguration of its new automation centre in the city. The centre, part of OMRONs global network of 44 Automation Centers and Proof of Concept (POC) labs, will serve manufacturers in South India as well as across the country, including micro, small, and medium enterprises (MSMEs). The centre demonstrates practical automation solutions for manufacturing challenges, facilitates proof-of-concept development, provides

8 Oct 2025 5:03 pm