Cabinet nod to India’s 6th semiconductor unit, near Jewar Airport; Rs 3,706 crore investments eyed

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday cleared a semiconductor unit under its ambitious India Semiconductor Mission. The chip unit will be set up in the upcoming Jewar Airport (Noida International Airport) in Uttar Pradesh. The project is in tandem with the nation’s broader goal of achieving a self-sufficient semiconductor ecosystem.  The…

Jammu & kashmir: 11 flights to operate from Srinagar airport to facilitate Hajj pilgrims

Authorities in Jammu & kashmir said that 11 flights will operate on Wednesday from Srinagar International Airport, primarily to facilitate the Hajj pilgrims. Authorities said that of these, four SpiceJet (SG) flights, three IndiGo (6E) flights and three IndiGo (IX) flights will operate from Delhi to Srinagar and back while one IndiGo (IX) flight will operate from…

Domestic hospitality sector to grow at CAGR of 10.5%; revenue to surpass Rs 1.1 trillion by 2027: Report

The Indian hospitality industry is likely to witness a strong growth trajectory, despite renewed tensions in the subcontinent and broader geopolitical uncertainty, says a report by Rubix Data Sciences said. The report projects a robust growth for India’s hospitality sector, with the market expected to surpass Rs1.1 trillion in revenue by FY2027, growing at a…

My $100 Tomato: Is Self-Sufficiency Overrated?

The main principle of trade policy is make or buy.   “Economics” comes from the Greek word oikonomia, deriving from oikos, meaning “house” or “household,” and nomos, meaning “law” or “rule”. Thus, oikonomia originally meant “prudent household management,” including labor, finances, and property, to ensure stability and self-sufficiency for the family. Over time, the term expanded…

monsoon forecast by imd in delhi ahmedabad chennai hyderabad jaipur kolkata mumbai monsoon rains expected in june cyclone shakti circulation over andaman sea

Monsoon 2025: Monsoon to arrive in these states soon; check out IMD forecast The India Meteorological Department (IMD) has released data for when the monsoon is expected to reach major cities across the country. The weather office reports that as of May 13, the southwest monsoon has already begun to move into areas of the…

Final Trade: Sensex gains 182 pts, Nifty closes at 24,667 amid volatility; metals rally, banks fall

Indian benchmark indices staged a robust recovery on Wednesday, with the Nifty soaring above the 24,660 mark and the Sensex gaining over 180 points as a strong rally in IT and metal stocks injected fresh momentum into the market. While banking stocks faced profit-taking pressure, positive cues from cooling inflation and easing market volatility further…