New Delhi, April 8 (IANS) The Gujarat International Finance Tec-City (GIFT City), on Wednesday, told that its fund management ecosystem scaled sharply over five years, with capital commitments surging 60-fold from less than $0.5 billion in March 2020 to $32.13 billion as of December 2025.The number of Fund Management Entities (FMEs) operating in the International Financial Services Centre increased from 8 in March 2020 to 202 at present, representing a 25-fold growth.GIFT City-based funds have r…
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New Delhi, March 18 (IANS) The decline in India’s unemployment rate to 4.9 per cent in February reflects an encouraging shift in the rhythm of hiring. Employment creation is no longer locked within a handful of urban hubs or select industries.February’s gains were spread across manufacturing, construction, retail, logistics, and agriculture — a sign that recovery is broad based and reaching both rural and urban India, according to an article in India Narrative.The government’s capital ex…
Hyderabad, March 6 (IANS) Telangana Chief Minister A. Revanth Reddy said on Friday that night-tourism will be promoted along the Musi river in Hyderabad. He reiterated the state government’s plan to develop a Musi riverfront. He said that along the riverbanks, night tourism will be promoted to generate employment and boost economic activity.He was speaking at the inauguration of the Eco Hill Park at Kothwalguda. On the occasion, the Chief Minister also laid the foundation stone for the Radial Ro…
New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presents a strong and credible roadmap to strengthen India’s competitiveness through fiscal discipline, structural reforms and targeted steps to boost private investment, industry said on Sunday.CII President Rajiv Memani said the Budget reinforces confidence in India’s growth story at a time when global economic conditions remain uncertain and investors are increasingly looking for policy clarity and long-term stability.“The Budget’s fo…