NEW DELHI: India will be among the top 10 global destinations for tourism in the next five years and the contribution of the sector to India’s economy will increase from 7.9% to over 10% in the near future, Union tourism and culture minister Gajendra Singh Shekhawat said on Saturday.The tourism industry is looking for investments…
NEW DELHI: Prime Minister Narendra Modi on Saturday vowed to press ahead with reforms, with a focus on high growth and stable policies, to realise the dreams of a developed country and asserted that the “resolve has got only stronger” in his third term.“I can only assure that the resolve is stronger and like our…
NEW DELHI: India’s growth momentum remains strong with Asia’s third-largest economy expected to expand 6.5-7% this year on the back of a good monsoon that is expected to help boost farm growth and rural demand as well as private investment, chief economic adviser V Anantha Nageswaran said on Friday.“In the medium term, the Indian economy…
Apple’s expanding business in India has catalysed significant growth at Tata Electronics, propelling the homegrown company to a pivotal position within the global smartphone manufacturing industry. According to recent filings with the Registrar of Companies (RoC), as reported by The Economic Times, Tata Electronics witnessed an astounding ninefold increase in sales year-on-year, with revenues soaring…
Once they were considered back offices catering to Fortune 500 companies. But that was then. Global Capability Centres (GCCs) have since emerged from the shadows, expanding their sphere of influence within the Indian tech landscape. They have evolved into tech powerhouses, seamlessly integrating with their parent enterprises and becoming strategic assets providing access to digital…
IMF’s first deputy managing director Gita Gopinath, who is in India, spoke to TOI on a range of issues from the global crisis to AI and the need to create jobs. Excerpts: How do you see wars and crises affecting the world and India? In the last few years, we have seen a big rise…
NEW DELHI: Prime Minister Narendra Modi delivered his longest Independence Day speech on Thursday, lasting 98 minutes, surpassing his previous record of 96 minutes set in 2016. PM Modi‘s speeches have averaged around 82 minutes, making them the longest of any PM in history.On the 78th Independence Day, PM Modi, in his address, outlined a…
NEW DELHI: Prime Minister Narendra Modi, during his 78th Independence Day speech, detailed a series of goals aimed at propelling India’s growth, fostering innovation, and asserting the nation as a global leader across multiple arenas. His vision includes enhancing urban living quality, revitalizing ancient educational values, advancing semiconductor production, and more.Here are the key points:Ease…
BENGALURU: As American denim giant Levi Strauss & Co chases its target of expanding into a $10 billion business globally from the current $6.2 billion, president and CEO Michelle Gass tells TOI that she has set her sights on India, among the top six markets for the inventor of the blue jeans, to drive the…
Representative image Online fashion marketplace Zalando exceeded analyst estimates for quarterly profit on Tuesday thanks to growth in its sports, beauty and designer categories and improved inventories, sending shares up as much as 7% in morning trading. Zalando has focused on higher-priced brands and sportswear as it competes with low-priced retailers such as Shein. Gross…
