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Thursday, December 26, 2024
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Kanika Sharma

Kanika Sharma

Kanika Sharma

Senior Sub-Editor

IMF Retains India’s GDP Growth Forecast At 7% For FY25, 6.5% For FY26

IMF Retains India’s GDP Growth Forecast At 7% For FY25, 6.5% For FY26

October 22, 2024

On Tuesday, the International Monetary Fund (IMF) maintained its growth forecasts for India at 7 percent for FY25 and 6.5 percent for FY26. It noted that the pent-up demand from the pandemic has been fully utilized, and the economy is now aligning with its potential growth. The IMF's World Economic...

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17 Feared Trapped After Building Collapse In Bengaluru

17 Feared Trapped After Building Collapse In Bengaluru

October 22, 2024

At least 17 people are feared trapped under the debris of a collapsed building in the Horamavu Agara area of eastern Bengaluru, according to PTI. Rescue operations are currently underway. A senior police officer informed PTI that a coordinated effort involving multiple agencies is working to rescue those trapped. Preliminary...

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VFS Global To Launch Indonesia E-visa On Arrival Service For Indians & 96 Others

VFS Global To Launch Indonesia E-visa On Arrival Service For Indians & 96 Others

October 22, 2024

VFS Global is set to launch a new e-Visa on Arrival (e-VoA) service for Indian citizens and 96 other nationalities starting in December 2024. This initiative is part of Indonesia's strategy to enhance tourism and investment by simplifying visa procedures. The Directorate General of Immigration, under Indonesia’s Ministry of Law...

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Jewellers’ Body Pushes For Uniform Gold Rates Across India

Jewellers’ Body Pushes For Uniform Gold Rates Across India

October 22, 2024

The All India Gem and Jewellery Domestic Council (GJC) announced on Tuesday its initiative to implement a 'One Nation One Gold Rate' policy, aimed at standardizing gold prices across India, which currently vary by region. "We import gold at a uniform rate, but retail prices fluctuate significantly from city to...

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What US Election 2024 Mean For India

What US Election 2024 Mean For India

October 22, 2024

The upcoming 2024 US Presidential Election is set to have far-reaching consequences for India, influencing key sectors from economics to geopolitics. With the stakes exceptionally high, the Democratic Party's decision to replace President Joe Biden with Vice President Kamala Harris—an unpopular choice for many—adds complexity to the political landscape. Simultaneously,...

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Noida Airport To Start Flight Operations From April 2025

Noida Airport To Start Flight Operations From April 2025

October 22, 2024

Noida International Airport, commonly referred to as Jewar Airport, is slated to begin commercial operations on April 17, 2025, with approximately 30 flights planned for both domestic and international routes. In its initial phase, the airport will offer 25 domestic flights connecting key destinations, alongside three international flights. Additionally, two...

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DCW Terminates Contractual Staff; Kejriwal Promises Reinstatement

DCW Terminates Contractual Staff; Kejriwal Promises Reinstatement

October 22, 2024

Aam Aadmi Party (AAP) leader Arvind Kejriwal accused the BJP on Tuesday of jeopardizing the livelihoods of hundreds of contractual employees at the Delhi Commission for Women (DCW) just ahead of Diwali, and he assured them that they would be reinstated. Earlier on Monday, the DCW issued an order terminating...

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HSCC Gets Rs 1,322 cr worth Work Orders From ESIC For Hospital Construction

HSCC Gets Rs 1,322 cr worth Work Orders From ESIC For Hospital Construction

October 22, 2024

HSCC (India) Ltd, a wholly-owned subsidiary of state-owned NBCC (National Buildings Construction Corporation), has successfully secured significant contracts totaling ₹1,322.48 crore from the Employees State Insurance Corporation (ESIC) for ambitious hospital construction initiatives. This development underscores HSCC's ongoing commitment to enhancing healthcare infrastructure in India. In a regulatory filing made...

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India And The West: The Impact of Public Neutrality Towards Russia

India And The West: The Impact of Public Neutrality Towards Russia

October 22, 2024

In a world marked by increasing polarization, India has chosen to adopt a stance of public neutrality towards Russia, especially in light of the ongoing conflict in Ukraine. This strategic decision highlights India’s nuanced understanding of complex geopolitical dynamics as it seeks to balance its relationships with both Western powers...

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HSBC Appoints Pam Kaur As First Female CFO, Announces Major Restructuring

HSBC Appoints Pam Kaur As First Female CFO, Announces Major Restructuring

October 22, 2024

On Tuesday, HSBC Holdings announced a significant restructuring plan under new CEO Georges Elhedery, which will merge certain commercial and investment banking operations. This initiative aims to cut costs while improving returns. Elhedery stated in a memo to staff that the new leadership structure, which includes the appointment of Pam...

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