Branded hotels in India to clock double-digit growth in FY25, FY26: Crisil

New Delhi (IANS) Branded hotels in India are likely to see double-digit revenue growth of 13-14 per cent this fiscal (FY25) and 11-12 per cent in the next (FY26), fuelled by demand outpacing supply, a Crisil report said on Thursday. 

Operating…

Indian share market opens in green, Nifty above 23,800

Mumbai (IANS) The Indian stock market opened higher on Thursday as buying was seen in the PSU bank, auto, financial service and metal sectors on Nifty. 

At around 9:37 am, Sensex was trading at 78,744.55 after gaining 271.68 points or 0.35…

Indian advertising, marketing sector sees a steady 9 pc hiring intent: Report

New Delhi (IANS) The marketing and advertising sector in India is expected to see a steady 9 per cent hiring intent, according to a report on Thursday. 

The report by TeamLease EdTech showed that the growth is driven by the surge in digital…

India’s domestic air traffic posts double-digit growth in November

New Delhi (IANS) India’s commercial airlines flew 1.42 crore passengers on domestic routes in November this year, which represents a robust 12 per cent increase compared to the same month in the previous year, according to figures compiled by the…

18.89 mn international tourist arrivals in 2023, forex earnings cross Rs 2.31 lakh cr: Centre

New Delhi  (IANS) India recorded 18.89 million international tourist arrivals in 2023 as foreign exchange earnings (FEEs) through tourism last year surged to Rs 231,927 crore, the government said on Wednesday. 

Foreign tourist arrivals (FTAs)…

Annual leasing volume in India’s logistics and industrial space to exceed 50 MSF in 2024

 New Delhi (IANS) Annual leasing volume in the logistics and industrial real estate space in India is likely to exceed 50 million square feet (MSF) for the third year in a row, and this strong momentum is likely to prevail in the coming year too,…

Reliance Industries' stock tanks 23 pc from its July high

Mumbai (IANS) The stock of Reliance Industries Limited (RIL), India's largest company by market capitalisation, has slipped by 23 per cent from its highest level in July this year. 

If the stock fails to rise 5 per cent in the remaining…

India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor

New Delhi (IANS) India is seeing at least 30 million new demat accounts being opened every year since 2021, and nearly every one in four is now a women investor, indicating an increasing prevalence of using capital market as a channel of financialisation…

Reliance Jio loses over 1.6 crore subscribers in four months

New Delhi (IANS) Reliance Jio Infocomm Ltd, India's largest telecom operator, has seen a decline of nearly 1.65 crore subscribers over the past four months. 

Reliance Jio lost 37.6 lakh mobile subscribers in October, 79 lakh in September…

Central PSUs record 47 per cent jump in net profit for 2023-24, market cap doubles

New Delhi (IANS) Overall Net Profit of operating Central Public Sector Enterprises (CPSEs) rose to Rs 3.22 lakh crore in FY24 as against Rs 2.18 lakh crore in FY23 showing an increase of over 47 per cent, according to an official report. 

The…