IHG Aims for 400 Hotels in India by 2030
IHG Hotels & Resorts plans to triple its Indian presence to 400 properties by 2030 through an asset-light model, introducing new premium brands and capitalizing on booming domestic tourism.
Category : Business
Financial Checklist for Indians Moving Abroad as NRIs
Moving abroad requires careful financial planning to avoid tax issues and penalties. This guide covers banking changes, asset management, and compliance steps for a smooth transition to NRI status.
Sebi Steps Up Checks on Mutual Fund Portfolio Overlaps
India's market regulator Sebi is actively examining new fund offers for portfolio overlap with existing schemes, even before formal notification of draft proposals on stock duplication limits.
Kanpur Workers' Hostel and Training Centre Announced
Kanpur will open a workers' hostel and training centre to provide accommodation and skill training, including for overseas jobs. Land has been identified in Benajhabar and Vishnupuri.
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Rare Earth Minerals: The New Oil of 21st Century
Rare Earth Minerals, a group of 17 metallic elements, are becoming the crucial resource driving modern technology and industry, often called the new oil of our era.
Globalization to Friendshoring: New World Trade Rules
Global trade is shifting from efficiency to security, with India becoming a key player in the China Plus One strategy as protectionism rises and multilateralism fades.
India May Offer Tax Rebates for Green Bonds in FY27 Budget
The Indian government is considering tax incentives for sovereign green bond buyers in the upcoming Union budget to boost demand. Investor interest has declined over two years, with subscriptions falling short of targets.
Gentari India Stake Sale Attracts Global Bidders
Global firms Macquarie, Actis, and Sembcorp are evaluating bids for a 50% stake in Gentari's India renewable energy business, valued at $2-2.5 billion.
Indore Namkeen Cluster CETP Upgrade After Bhagirathpura
MPIDC will upgrade Sanwer Road wastewater plant to a 0.60 MLD common effluent treatment plant within six months to strengthen industrial effluent management.
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MPIDC Plans 9 New Industrial Areas in Indore Region
Madhya Pradesh Industrial Development Corporation unveils ambitious plan to develop nine industrial zones in Indore region during 2026, focusing on both large-scale manufacturing and MSME support.
India Food Expo 2026 in Lucknow to Strengthen Food Ecosystem
The 10th edition of the Indian Industries Association's India Food Expo 2026 in Lucknow aims to strengthen the food processing ecosystem and accelerate MSME-led industrial growth in Uttar Pradesh.
Amazon Appeals Italian Antitrust Fine, Claims No Wrongdoing
Amazon announces appeal against Italian court's reduced antitrust fine, arguing it should pay nothing. The legal battle continues as regulator seeks original higher penalty.
GMADA Auctions 42 Mohali Sites Worth Rs 5,460 Crore
Punjab's GMADA announces online auction of 42 prime sites in Mohali worth Rs 5,460 crore from January 14 to February 11, 2026, aiming to boost urban development.
Union Urges Quick Commerce to Scrap 10-Minute Deliveries
A workers' union in Karnataka calls on all quick commerce companies to withdraw 10-minute delivery models, citing concerns over worker welfare and arbitrary ID blocking practices.
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KIOCL Gets 2-Year Extension for Devadari Mining Start
The Karnataka government has extended KIOCL's deadline by two years to begin mining operations at the Devadari iron ore block, aiming to boost local industry and economic growth.
Kochi Water Metro Targets Break-Even in 5 Months
Kochi Water Metro plans to achieve break-even within five months as daily ridership climbs to 8,000. New routes and tourist services boost revenue.
India Gets $51 Billion FDI in H1 FY26
India has secured $51 billion in foreign direct investment during the first half of the 2025-26 financial year, according to the latest data from DPIIT.
NZ Delegation Meets Priyank Kharge for Karnataka Tech Ties
A New Zealand delegation met Karnataka Minister Priyank Kharge to explore joint tech collaboration through the state's Global Innovation Alliance platform.
Tax Cuts Create Rs 3 Trillion Revenue Gap, Fail to Boost Consumption
Last year's tax giveaways have not stimulated consumer spending as expected, instead creating a massive Rs 3 trillion hole in government revenue growth, according to analysis.
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India's Economic Growth Faces Challenges, Policy Review Needed
India's economic growth is encountering significant setbacks, prompting experts to call for a sober reassessment of policies to address inflation and job creation.
Coal Linkage for Haryana's 800 MW Khedar Unit Approved
The Central government has earmarked a coal linkage for the 800 MW Khedar power unit in Haryana, boosting the state's energy infrastructure and ensuring a stable power supply.
West Bengal to E-Auction 10 Residential Plots in New Town
The West Bengal government allocates 4.7 acres in New Town for residential housing. Ten large plots will be e-auctioned next month to eligible corporate bodies and societies.
Thirumala-Thrikkannapuram Road to Open by Feb 15
After years of delays, the Rs 29.6-crore road widening project in Thiruvananthapuram is finally on track for completion by mid-February, promising improved connectivity and safety.
Bengaluru-Mangaluru Trains Hit by Persistent Delays
Trains on the Bengaluru-coastal Karnataka route are running consistently late, with delays mounting to over 30 minutes. Commuters report disruptions to weekend plans and work schedules.
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India-China Trade Deficit Hits Record $116 Billion
India's exports to China rose 9.7% in the latest data, but the trade deficit widened to a record $116 billion, highlighting economic challenges.
Junk Bond Market Thrives Despite Political Shocks, Investors Chase Yield
The risky debt market is booming as investors pour capital into triple C bonds and leveraged loans, ignoring political tremors. Strong consumer spending and expectations of stable rates fuel the hunt for high returns.
US Banks Report Strong Consumer Health Amid Affordability Fears
Major US banks report resilient consumer spending and savings, contradicting widespread affordability concerns. Executives highlight positive economic indicators despite rising delinquencies in some segments.
Saks Real Estate Could Be Key in Bankruptcy Restructuring
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Gold Hits Record High Amid Global Tensions, Fed Rate Cut Hopes
Gold prices surged to a record high on Wednesday, with silver also climbing, as geopolitical tensions and expectations of Federal Reserve rate cuts drove investors toward safe-haven assets.
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Mysuru Becomes Refuge for Bengaluru Millennials Seeking Balance
Young professionals from Bengaluru are moving to Mysuru for cleaner air, less traffic, and better quality of life. The pandemic and improved connectivity have accelerated this shift.
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