Economy

New Delhi: Former Infosys CEO Vishal Sikka on Saturday said that he was ‘privileged’ to be able to meet Prime Minister Narendra Modi and was ‘inspired and humbled’ by the PM’s ‘extraordinary grasp of technology and its impact’. Taking to social media platform X, Sikka informed that he met PM Modi and had a detailed

Mumbai:  India’s office market has become a key hub for global companies expanding their workforce and real estate footprint in 2024, with the net absorption reaching a record 49.56 million sq. ft during the year, according to a report released by real estate firm JLL on Friday. The year concluded with an exceptional fourth quarter

New Delhi:  The housing sector in the country is expected to contribute 13 per cent to the national GDP by 2025, reflecting its resilience and potential, according to a report on Friday. Projected to grow into a $1-trillion market by 2030, the sector is evolving in response to demographic shifts, policy reforms, and global trends,

Seoul: Hyundai Motor, South Korea’s leading automaker, said on Friday its annual sales slipped 1.8 per cent from a year earlier in 2024 due mainly to a decline in domestic demand. Hyundai Motor sold 4,141,791 units last year, down from 4,216,898 units sold the previous year, the company said in a press release. Domestic sales

New Delhi:  India’s rural poverty ratio has registered a dramatic decline to 4.86 per cent in the financial year 2023-24 from 25.7 per cent in 2011-12 while urban poverty has fallen to 4.09 per cent from 4.6 per cent during this period, according to an SBI Research report released on Friday. “At an aggregate level,

Ahmedabad: The total cargo volume of Adani Ports and Special Economic Zone Limited (APSEZ) grew 8 per cent (year-on-year) to 38.4 million metric tonnes (MMT) in December 2024. The company’s container volume grew 22 per cent and liquids and gas volume grew 7 per cent on YoY basis in the last month. APSEZ is the

New Delhi:  With the government’s focus on infrastructure development, technological advancements and initiatives to promote exports, India is well-positioned to see significant growth in its agricultural export sector in 2025, according to a report on Friday. Farmer Producer Organisations (FPOs) have emerged as a powerful tool for improving the economic well-being of Indian farmers, especially

Seoul: South Korean builders have achieved more than $1 trillion in accumulated overseas construction deals, the transport ministry said on Friday. The achievement comes 59 years after Hyundai Engineering & Construction Co. obtained its first overseas deal to build an expressway in Thailand in November 1965. Local builders secured $32.69 billion worth of overseas orders

Mumbai: The domestic benchmark indices opened lower on Friday as selling was seen in the IT, pharma, financial service and FMCG sectors. At around 9.29 am, Sensex was trading at 79.710.47 after dropping 233.24 points or 0.29 per cent, while Nifty was trading at 24,131.90 after declining 56.75 points or 0.23 per cent. The market

Cuttack:  Erik Solheim, Former Minister of Climate and Environment of Norway on Thursday praised the transformation of Indian Railways, saying, “Indian rail is improving day by day.” Solheim posted a video of Cuttack railway station (in Odisha) on his social media handle and said, “This is not an airport; this is a railway station opened