The Mangalam group announced plans to invest Rs 1000 crore or approximately USD 120 million to expand its hospitality portfolio across India targeting the growing tourism sector.
Tag: National
India Women Cricket Team Begins England Tour for T20I Series
The India women’s cricket team began their tour of England playing three T20I matches against England women as preparation for both sides ahead of the 2026 Women’s T20 World Cup.
Banking Sector Remains Stable With Adequate Capital Buffers Says RBI Annual Report
The RBI Annual Report for 2025-26 noted that India’s banking system remains stable with adequate capital buffers though global tensions and market volatility pose short-term risks.
Doctors Warn of India’s Dangerous Delay Culture in Seeking Emergency Medical Care
Doctors highlighted that India’s dangerous delay culture in seeking emergency medical care is turning many treatable conditions into fatal cases raising concerns about public health behaviour.
RBI Annual Report Projects India Economy to Grow 6.9 Percent in 2026-27
The Reserve Bank of India in its Annual Report 2025-26 released on May 29 projected the Indian economy to remain resilient and grow at 6.9 percent in 2026-27 despite global headwinds.
Supreme Court Issues Notice to Union Government and FSSAI on Food Safety Plea
The Supreme Court issued notice to the Union government and the FSSAI on a plea raising food safety concerns as part of the court’s busy bench schedule on May 29.
IBC Rule Affirmed: Once CoC Approves Resolution Plan Applicant Cannot Renegotiate
The Supreme Court ruled that once the Committee of Creditors approves a resolution plan under the Insolvency and Bankruptcy Code the successful applicant cannot negotiate further.
India and Canada Reaffirm Commitment to USD 50 Billion Trade Target and CEPA
India and Canada reaffirmed their commitment to a USD 50 billion bilateral trade target and a faster conclusion of Comprehensive Economic Partnership Agreement negotiations.
India Emerges as Second-Largest Data Centre Market in Asia Pacific
A new report placed India as the second-largest data centre market in the Asia Pacific region reflecting rapid growth in digital infrastructure and investment in cloud and AI.
Indian Small Businesses Record Strongest Growth Since COVID in 2025 Says CPA Australia Survey
Indian small businesses recorded their strongest post-pandemic growth in 2025 driven by digital adoption AI investments and positive sentiment according to CPA Australia’s Asia-Pacific survey.