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B & C

Strategy for electric vehicles chalked out, says NITI Aayog

The government has a game plan in place for electric vehicles (EV) and components such as batteries that will ensure clean cities, reduce imports and utilise solar power, said Amitabh Kant, chief executive officer, NITI Aayog, recently. He said domestic battery manufacturing for EVs provides a “massive market opportunity”, and also quickens the transition to environment-friendly transport, which is vital …

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Domestic savings down to decade low: Data

Household-sector savings, the biggest source of investment for the economy, have “worryingly” dipped to a decadal low, while retail loans to the sector are growing annually in double digits, pointing to profligate consumption by households, economists have warned. Financial liabilities of households are mounting, which is not a good sign, experts say. The country’s savings rate, or the share of …

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Bloom bags the best concept hotel award

The Bloom Hotel Group won the best conceptualised hotel award at Today’s Traveller Awards 2019 held in New Delhi. The award was presented by Prahlad Singh Patel, minister of culture and tourism.  Expressing delight at the citation, Tom Welbury, vice president strategy, Bloom Hotels, said, “The award is a great testament to Bloom being the pace setter.  This has been …

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The tide is turning in world economic activity

By Tensing Rodrigues The tide is turning, and faster than we expected. The centre of economic gravity is shifting out of North America and West Europe to Asia. “The future is Asian,” asserts Parag Khanna, an international bestselling author of six books and the founder and managing partner of FutureMap in Singapore, a strategic advisory firm. Global economists have been …

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Air cargo operators meeting aims to increase pharma cargo

Hyderabad based infrastructure company, GMR, recently organised  a meeting between cargo operators and representatives of pharmaceutical companies in the state to promote routing of pharma exports via Hyderabad airport. GMR is got the mandate to construct Mopa airport and the company organised the meeting as preparatory for developing cargo movement from the state post the commissioning of Mopa. Several representatives …

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Three-day hospitality expo ends on a high

The 16th edition of the India Hospitality Expo, 2019 concluded with a bang last week with host of exciting events for stakeholders in the hospitality industry. The expo received participation from tour agencies from several states as well as manufacturers of products used by the hospitality industry. There were representatives from outdoor furniture companies, hotel linen companies, cooking appliances makers, …

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Aakash Institute launches scholarship exams

For students aiming for entrance exams, Aakash Institute is announced the national scholarship exam, ANTHE 2019, to be held on Oct 20, 2019. The national institute which prepares students for answering medical and engineering entrances announced the tenth edition of its annual scholarship exam, the Aakash National Talent Hunt Exam (ANTHE) that will be held across 24 states. Being one …

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Teaching the right drill to potential real estate brokers

Aiming to teach good practices to youth aspiring to enter the property dealing trade, realtor Prasad Amonkar plans on becoming Goa’s first real estate coach, finds out Shoma Patnaik A property on Goan soil is on the wish list of many. Celebrities, wealthy professionals, the retired- looking- to- relocate, they all want to settle down in Goa. Not surprisingly there …

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BJP party gains handsomely in asset growth in 2017-18, says ADR

Reflecting the largess received through donations from businessmen, industrial houses and well wishers, assets of the Bharatiya Janata Party (BJP), increased the most among all national political parties in the country, a study conducted by Association for Democratic Rights (ADR) revealed recently. During 2017-18, the the ruling party’s declared assets increased 22.3 per cent to Rs 1483.3 crore from Rs …

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Audi revs up the digitalization drive

German luxury car manufacturer, Audi is racing towards technology. The company is  completely integrating the car of tomorrow into the digital world of the customer today. The brand recently introduced a host of tech-driven new-age solutions for customers as well as dealer partners under its digitalization strategy on the sidelines of the inauguration of a new showroom in Gurugram. Foremost …

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