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Realty developer Omaxe will invest Rs 600 crore in developing 1.5 million sq ft of retail space in Faridabad, a senior executive said. The development is part of Omaxe World Street, 27 acre of which is already operational and has over 250 brands. Spanning over 120 acres, the project has future development potential as well.

Ben Powell, Chief Middle East and APAC Investment Strategist, BlackRock Investment Institute, says we at BlackRock are still very much on board with the India bull story, while being respectful of the short-term sell-off which clearly has fed on itself. India is on a journey to exist as a standalone investment destination and that is going to become more and more the case in the quarters and years ahead. We have discussed the US. We have discussed China. Where is India? Did I miss it? Ben Powell: India is doing very well. I am here in the UAE. We had a huge cricket event over the weekend. India was triumphant. India, I still think is in this temporarily tricky spot of risk slightly feeding on itself. You have had a market which perhaps got a little bit ahead of itself several months ago and that was ripe, it turns out, for a little bit of a downdraft and that is now feeding on itself to some degree.

Data shared by real estate consultancy JLL with ET showed about 13,274 rooms were signed in tier-3 locations last year, up from 7,267 in 2023. «The impact of economic growth is witnessed across the length and breadth of the country. Unprecedented growth of travel, backed by business activity as well as leisure travel, including pilgrimage travel, has resulted in a massive upswing in demand,» said Jaideep Dang, managing director, Hotels and Hospitality Group, JLL India. «We have been busy doing project feasibilities followed by project development in many tier-2 and tier-3 towns and cities. Higher lifestyle aspirations have resulted in higher spends on F&B, social events and the wedding market in these locations,» he added. Several factors are fuelling this growth, said Nikhil Sharma, MD, and area senior VP, South Asia at Radisson Hotel Group. Radisson has signed or opened hotels in new locations such as Khopoli (Maharashtra), Saputara (Gujarat) and Yavatmal (Maharashtra) in the past year.

As we progress into the final quarter of FY25, multiple factors are reinforcing the sector’s positive trajectory.

Subscribe to enjoy similar stories. Ahead of the summer season, India's two leading airlines are ramping up their international presence. IndiGo, the market leader in the Indian international segment, has announced four new destinations—Mauritius, Langkawi, Penang and Medinah.

The slow-motion crisis could destroy the state's reputation as a retirement destination with affordable beach living. As they race to sell their properties and receive only a mediocre response from buyers, owners of the state's older condominiums are preparing for steep special assessments.

International Women's Day uniquely, the Central Railways is operating a Vande Bharat Express with an all-women crew for the first time. The Vande Bharat Express (22223) sourcing from CSMT (Chhatrapati Shivaji Maharaj Terminus) CSMT to the destination of Shirdi has an all-women crew today, including the loco pilot, assistant loco pilot, train manager, TCs and train Hostesses. Speaking to ANI, the Chief Public Relations Officer of the Central Railways said that they have taken same initiative in a goods trains also and will try to continue this initiative in other Vande Bharat trains too.

Avelo Airlines has expanded its air travel operations further with the inauguration of its latest base at the Concord-Padgett Regional Airport in North Carolina's Charlotte region. The base was inaugurated on Thursday (March 6). Highlighting the advantages the new base would offer, a section on Avelo's website says the Concord-Padgett airport offers convenient access to the greater Charlotte area, which is a major financial hub.

Radisson Hotel Group and the chain should aim to have 500 hotels in the country by 2030, its executive vice chairman, Federico J Gonzalez, told ET in an exclusive interview. «India should be our number one country in the world in terms of number of hotels. The economic growth in India is significant. But, besides the economic growth and the growth in population and infrastructure, the ambition and dynamism of Indians is one of a kind,» said Gonzalez. «Everybody you meet here wants to do more and wants to grow. I think when we see that kind of mindset in a country, we need to make sure we maximise the growth,» he said. «Do we have a plan to get to 500 hotels in India by 2030? No. But, should we have the ambition to do this, considering the pace at which India is growing? Absolutely, yes.» Gonzalez said the efforts being put in place by the government to improve infrastructure and government plans to develop 50 tourist destinations can be key growth drivers for the Belgium-headquartered chain. Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by the end of 2025, driven by a «strategic focus» on tier-two and three markets and the increasing demand for luxury lifestyle and midscale accommodations.

clinical research organisations in India will have to get registered with the country's drug regulatory authority by April 1, in what could bring more transparency and accountability to the clinical research industry in India. Online registration of clinical research organisations is now functional on the SUGAM portal, the Drug Controller General of India (DCGI) said in an order dated March 4. Applications for registration should be submitted only through the SUGAM portal, it said.

Subscribe to enjoy similar stories. It isn’t always easy to save for retirement, in part because for many people it is so far away that there’s no sense of urgency. New research suggests a solution: Make the future feel closer.

Subscribe to enjoy similar stories. MUMBAI : A $15 billion withdrawal by foreign portfolio investors (FPIs)—2025's largest outflow among emerging economies—has sent Indian markets into a tizzy. Dalal Street is on the edge, with the Nifty 50 down by 7% since January.

Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by end of 2025, driven by a strategic focus on tier 2 and 3 markets and the increasing demand for luxury lifestyle and midscale accommodations. Headquartered in Belgium, the chain is one of India’s largest international hotel operators, with currently a robust presence of over 194 hotels in operation and development across 114 destinations. «As a global hospitality leader, we are committed to deepening our ties between Belgium and India, two nations united by a shared vision for growth and collaboration,» said Nikhil Sharma, managing director and area senior vice president, South Asia, Radisson Hotel Group.

Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of advanced semiconductors to China, seeking to retain a competitive edge over the technology. But Bloomberg News reported in late January that US officials were probing whether DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore, skirting Washington's restrictions.

Maharashtra Governor CP Radhakrishnan on Monday said the state is a preferred destination for foreign direct investment (FDI) and contributes more than 14 per cent to the country's gross domestic product (GDP). The governor, addressing the joint session of the state legislature on the first day of the budget session, asserted that Maharashtra was one of the leading industrial states in the country. He said the state government has signed memoranda of understanding (MoUs) worth approximately Rs 15.72 lakh crore with 63 national and international companies during the World Economic Forum in Davos, Switzerland, in January, and these investments will generate more than 15 lakh employment opportunities. Radhakrishnan said the state government is committed to resolving the Maharashtra-Karnataka border dispute and has appointed expert advocates to represent Maharashtra before the Supreme Court.

Study abroad consultants across India are facing a surge in frantic calls. Students braving the end of the student direct stream programme in Canada and caps on the permits to international students — or already studying there — are desperate for clarity as the country's latest immigration regulations take effect. These students and their parents are also seeking help from the consultants to chart their way forward. Sudden permit cancellations, heightened scrutiny of visa applications and stricter enforcement of departure rules have already thrown thousands of the estimated 423,000 Indians in Canada into a tizzy. «We've had multiple clients lose their permits despite perfect academic records. The IRCC (the government department of Immigration, Refugees and Citizenship Canada) projects 7,000 more revocations this year — I think that's conservative,» said Nikhil Jain, founder of ForeignAdmits.

Buddha, tears pouring down his cheeks. He takes out his phone and captures the massive sculpture, the Bodhisattvas flanking it and the small cells carved into the cave where his religious forbears must have lived. This is sanctum and sanctuary for him. About 100 km away, a group of Japanese tourists are gingerly making their way through a narrow, semi-circular path that is cut into the middle of a rocky cliff in Aurangabad, Maharashtra. They gaze—in the light of a torch and the night settings of their phone—at the eloquent arch of Bodhisattva Padmapani’s torso and his halfclosed eyes painted on Cave No. 1 of Ajanta. People who follow the Buddha’s Middle Path, or those who are enamoured of this apostle of compassion, or are simply enchanted by the historical spots, some of them dating back to before the Common Era, travel to the places that dot what is called the Buddhist circuit. It stretches from Bodh Gaya in Bihar to Nagarjunakonda in Andhra Pradesh.

Anand Mahindra, Chairman of the Mahindra & Mahindra Group, has urged that certain distinctive rock formations in Odisha be developed into a world-renowned tourist destination. On Thursday, the business magnate responded to a post on X (formerly Twitter) that compared these geological structures to the Grand Canyon, one of Arizona’s most famous natural landmarks. However, Mahindra expressed that the breathtaking formations in Odisha required no such comparison to be recognized for their beauty. «No need to compare it to the Grand Canyon. This is unique in its own way. Not sure if these pics are photoshopped, but even if they are to an extent, these formations are… the business tycoon wrote. He also appealed to the Odisha Tourism Department to make this scenic locale a global hot spot.

Citigroup Inc. credited a client’s account with US$81 trillion when it meant to send only US$280, an error that could hinder the bank’s attempt to persuade regulators that it has fixed long-standing operational issues.