Bhopal, May 1 (IANS) Madhya Pradesh Chief Minister Mohan Yadav has announced to accelerate the Indore-Pithampur Economic Corridor project, significantly increasing the share of developed land allotted to farmers. The Bhoomi Pujan for the first phase of the project will be performed by the Chief Minister on May 3 at Sector A, Village Nainod, Indore.The first phase, with an estimated cost of Rs 326.51 crore, will mark the beginning of infrastructure development works, a press note said on Fr…
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Guwahati, May 1 (IANS) Karimuddin Barbhuiyan, an Asom Gana Parishad leader who contested the recently concluded Assam Assembly elections from Sonai constituency in Cachar district, on Friday, asserted that many Muslims had voted in the name of Chief Minister Himanta Biswa Sarma and said the Opposition camp’s dream of forming the next government would remain only a dream. Barbhuiyan, who switched to the Asom Gana Parishad from the All India United Democratic Front ahead of the polls, said the …
New Delhi, May 1 (IANS) India and the African Development Bank Group are expanding cooperation across digital infrastructure, industrial development and finance as preparations gather momentum for the upcoming India-Africa Forum Summit 2026.The summit, scheduled to be held in New Delhi on May 31, is expected to provide a key platform to strengthen economic and strategic ties between India and African nations.The growing engagement aligns with the Bank Group’s strategic priorities under its ‘…
Gandhinagar, May 1 (IANS) Gujarat’s per capita income has crossed Rs 3 lakh for the first time, reaching a level around 60 per cent higher than the national average, according to official data released on Friday.The figure is said to show the state’s sustained economic expansion, with Gujarat contributing 8.3 per cent to India’s Gross Domestic Product (GDP) despite accounting for about five per cent of the population and six per cent of the land area.The state also holds a 19 per cent shar…
Nagpur, May 1 (IANS) Maharashtra Revenue Minister and Guardian Minister for Nagpur and Amravati, Chandrashekhar Bawankule, on Friday appealed to the citizens of the state to participate in the census, adding that only residents of India can participate in the present exercise, and Bangladeshi or foreign nationals will not be allowed to participate. After attending the ceremonial flag-hoisting on the occasion of Maharashtra Foundation Day, Minister Bawankule, at a press conference, spoke on sever…
Ahmedabad, May 1 (IANS) Gautam Adani, Chairman of the Adani Group, on Friday outlined a growth strategy centred on worker welfare, local employment and entrepreneurship, as the conglomerate accelerates capital expenditure (capex) backed by strong liquidity.Addressing the workforce across the Group on International Labour Day, Gautam Adani said the organisation, which operates more than 700 assets across 24 states and engages nearly 4,00,000 employees, partners and contractors, will measure its p…
New Delhi, April 30 (IANS) Private equity and venture capital investment activity in India moderated in Q1 2026, with deal value and exits easing from recent peaks, while volumes remained resilient despite geopolitical tensions, a report said on Thursday.The report from EY and the Indian Venture Capital Association said PE/VC investments totalled $13.1 billion in Q12026, easing 19 per cent year‑on‑year and 24 per cent quarter‑on‑quarter. Deal volumes almost remained flat with 360 transac…
Bhubaneswar, April 29 (IANS) Odisha Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid the foundation stones for 187 developmental projects worth approximately Rs 1,330.24 crore in Keonjhar district, aiming to make the region’s overall development and transport system world-class. At a special event held in Keonjhar, Chief Minister Mohan Charan Majhi inaugurated a new ‘Ama Bus’ depot built for Rs 17 crore and flagged off 25 modern e-buses for the district.It is worth notin…
Patna, April 29 (IANS) Bihar Chief Minister Samrat Choudhary chaired a crucial Cabinet meeting on Wednesday, during which 63 schemes were approved, marking a significant push toward infrastructure development, administrative expansion, and financial strengthening. The Cabinet approved the construction of a 4-lane Greenfield road connecting Darihara (Konhua) in Saran to Dumariaghat in Gopalganj.The total length of this stretch is 73.51 km, and it will be built by Bihar State Road Development Corp…
New Delhi, April 29 (IANS) Amid strong rebound of global mergers and acquisitions (M&A) activity in 2025, Indian dealmakers are increasingly turning to transactional risk insurance to navigate complexity, manage execution risks, and drive deal certainty, a report said on Wednesday.The report from Marsh said that M&A deal value surged nearly 37 per cent year-on-year to approach $5 trillion globally, with a sharp rise in large and mega deals.Similarly in India, growing deal sizes, cross-bo…