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Economy

Govt launches textile policy 2024 to boost growth; announces incentives | Economy & Policy News

India has launched its Textile Policy for 2024, focusing on strengthening the textile sector with a range of financial incentives. The policy highlights two main areas: technical textiles, including clothing and apparel, and various manufacturing processes like weaving and dyeing. Click here to connect with us on WhatsApp The policy provides various […]

Construction

Bengaluru Airport City Ltd breaks ground for 2 million sqft Business Park to boost GCC growth

Bengaluru Airport City Ltd (BACL), a wholly owned subsidiary of Bangalore International Airport Ltd (BIAL), broke ground for its 2 million square feet (msft) Business Park aimed at establishing Bengaluru as a global hub for GCC. This initiative comes after the Karnataka Government introduced its new GCC policy which aims to create 3.5 lakh jobs and […]

Corporates

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz | Company News

Participants will address challenges like utilising social media for product promotion, optimizing multi-channel fulfilment, easing cross-border trade, and creating sustainable e-commerce solutions(Photo: Reuters) 2 min read Last Updated : Oct 14 2024 | 5:37 PM IST Amazon India on Monday announced the Smbhav Hackathon 2024, a nationwide competition aimed at developing next-generation technologies and […]

Construction

Housing transactions in Mumbai rise 7% YoY during July-September, festive offers to help boost demand: Report

Residential real estate transactions in the Mumbai Metropolitan Region grew 7% year-on-year to 52,745 during the July-September period of the ongoing calendar year, according to a new report by proptech startup Square Yards. Housing transactions in Mumbai rise 7% YoY during July-September, festive offers expected to help boost demand (Representational photo)(Abhijit Bhatlekar/ Mint) Meanwhile, the […]

Construction

Mumbai infrastructure boost: Rents in Nariman Point surge by 52% outpacing BKC

The ongoing transit-related infrastructure improvements are expected to drive the revitalisation of South Mumbai for both businesses and investors, so much so that office rentals in Nariman Point, one of the city’s iconic commercial districts, may increase from the current ₹569 per sq ft to ₹1,091 per sq ft by 2030, reflecting strong demand for […]

Economy

Rajasthan to launch new mineral policy to boost revenue, streamline mining | Economy & Policy News

2 min read Last Updated : Oct 10 2024 | 5:36 PM IST The state government is set to introduce a new mineral policy, aimed at boosting mining revenue and optimising operations.  The policy will be unveiled before the “Rising Rajasthan” summit in December based on stakeholder input, a senior government official said.  […]

Corporates

Hinduja Leyland Finance receives ‘AA+/Stable’ rating boost from CRISIL | Company News

2 min read Last Updated : Oct 09 2024 | 5:18 PM IST Global analytics company CRISIL has upgraded Hinduja Leyland Finance’s (HLF) rating to ‘AA+/Stable’ from ‘AA/ Stable’, reflecting the company’s strong financial performance, robust asset quality, and solid liquidity position. Additionally, CRISIL reaffirmed the A1+ rating for the company’s Commercial Paper. […]