Business News: Economy & Markets

Delhi airport to temporarily close Terminal 2 for refurbishment, operations shift to T1

IANS | February 26, 2025 8:27 PM

New Delhi, Feb 26 (IANS) The Delhi International Airport Limited (DIAL) has announced that Terminal 2 (T2) of the Indira Gandhi International Airport (IGIA) will be temporarily closed for four to five months starting from April. This closure is part of a major refurbishment project aimed at modernising the terminal to meet the growing demands of domestic air travel.

India’s tablet market clocks robust 42 pc growth in 2024

IANS | February 26, 2025 6:07 PM

New Delhi, Feb 26 (IANS) The Indian tablet market saw strong growth in 2024, with total shipments reaching 5.73 million units, a 42.8 per cent year-on-year (YoY) increase, a report said on Wednesday.

Govt committed to making housing accessible for all: Piyush Goyal

IANS | February 26, 2025 5:29 PM

Mumbai, Feb 26 (IANS) The government is committed to making housing accessible and sustainable for all, Union Minister of Commerce and Industry, Piyush Goyal, has said.

Assam to get six more Gati Shakti terminals, new trains

IANS | February 26, 2025 12:29 PM

Guwahati, Feb 26 (IANS) Union Minister of Railways, Electronics and Information Technology Ashwini Vaishnaw has announced the development of six additional Gati Shakti Cargo Terminals, an electronics manufacturing sector and the introduction of new trains for Assam to accelerate economic growth in the region.

South Delhi’s real estate potential reaches whopping Rs 5.65 lakh crore: Report

IANS | February 26, 2025 11:55 AM

New Delhi, Feb 26 (IANS) The real estate potential of South Delhi, one of the poshest regions in the country, is worth Rs 5.65 lakh crore now — thus becoming an ideal location for homes that offer exclusive and luxurious living experiences, a report showed on Wednesday.

India’s institutional investor sector sees 69 pc surge in hiring: Report

IANS | February 26, 2025 11:41 AM

New Delhi, Feb 26 (IANS) There has been a robust 69 per cent growth in hiring in India’s institutional investor sector over the last two years, driven by a surge in market capitalisation, according to a study conducted by CIEL HR Services.

India’s 1st semiconductor chip to be ready for production by 2025: Ashwini Vaishnaw

IANS | February 26, 2025 9:52 AM

New Delhi, Feb 26 (IANS) The first ‘Made in India’ semiconductor chip would be ready for production this year, Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, has said.

Kisan Credit Card amount crosses Rs 10 lakh crore, benefits 7.72 crore farmers

IANS | February 26, 2025 9:39 AM

New Delhi, Feb 26 (IANS) Showcasing credit deepening in agriculture and reduced dependency on non-institutional credit, the amount under operative Kisan Credit Card (KCC) accounts has more than doubled from Rs 4.26 lakh crore in March 2014 to Rs 10.05 lakh crore in December 2024, according to the latest government data.

AI transforming India's judiciary and law enforcement, making justice accessible to all

IANS | February 26, 2025 9:25 AM

New Delhi, Feb 26 (IANS) Artificial Intelligence (AI) is driving a transformative shift in India's judiciary and law enforcement, enhancing efficiency, accessibility and decision-making, according to the government.

Adani Green Energy wins 1,250 MW energy storage project in Uttar Pradesh

IANS | February 25, 2025 8:22 PM

New Delhi, Feb 25 (IANS) Adani Saur Urja (LA) Limited, a wholly-owned subsidiary of Adani Green Energy, on Tuesday said it has secured a major contract from the Uttar Pradesh Power Corporation Limited (UPPCL) for energy storage capacity.