Economy

New Delhi: The Tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday. The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is

New Delhi: Road projects under the hybrid annuity model (HAM) in India, awarded by the Ministry of Road Transport and Highways (MoRTH), are on a steady drive, with more than 90 per cent of the project length under development being constructed on schedule, according to a report on Wednesday. Such timely execution and comfortable debt

Mumbai:  Adani Electricity on Wednesday said that it registered a significant number of FIRs against perpetrators of power theft in the April-September period this year – 622 compared to 439 for the corresponding period last year — thus significantly reducing losses. The Adani Group company said that this action resulted in a 0.7 per cent

New Delhi: Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23. The loss was narrowed due to the reduction in the company’s expenses. The total expenditure of the company in FY24 was Rs 1,149 crore, which is 53.29 per cent less than the

New Delhi: The Tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday. The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is

Mumbai:  Global banking and wealth management group Investec on Wednesday initiated a ‘BUY’ rating for Ambuja Cements with a target price of Rs 950 from Rs 577 apiece, which is an impressive 65.1 per cent return as projected. In a note, Investec wrote that it “finds comfort in management, reaffirming its growth goals, cost/synergy targets

New Delhi: Infrastructure development is one of the crucial agenda for the government and we have to make the technology economically viable and safe, Union Minister of Road Transport and Highways, Nitin Gadkari, said on Tuesday. In his address at an Assocham event in the national capital, the minister said developments in the field of