Tag: NDTV Profit

The Economic Survey on Thursday flagged the lack of live event venues and restrictions on foreign payments as impediments to the growth of the concert economy and suggested opening up heritage monuments to boost the sector. The Survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, said that with appropriate facilitation, the concert economy can…

Read More “Lack Of Live Event Venues, Foreign Payments Restrictions Getting In The Way Of Concert Economy Growth” »

India’s Chief Economic Adviser V Anantha Nageswaran has flagged rising concerns around excessive social media use, especially among children, and suggested that the government consider regulatory curbs to address what he described as the “mixed blessing” of cheap data. Presenting the Economic Survey 2026, Nageswaran said compulsive scrolling is increasingly being linked to anxiety and…

Read More “CEA Backs Age-Based Social Media Limits” »

Private carrier Air India on Thursday said it will convert 15 of its current order of 210 Airbus A321neo aircraft to the advanced A321XLR (extra long range) variant. These 15 A321XLRs are expected to be delivered to the airline between 2029 and 2030, Air India said. The decision to tweak the order was announced on…

Read More “Air India To Buy 15 A321XLR Planes, To Be Delivered Between 2029-2030” »

The Indian equity market is expected to remain volatile in run-up to the Union Budget on Sunday, analysts said on Thursday, after the frontline indices swung between red and green to finally settle with gains. “The index extended gains for a third consecutive session, forming a bullish candle with a higher high—signalling a continuation of…

Read More “Nifty Resistance At 25,500 Ahead Of Budget, Volatility Stays High, Say Analysts” »

India classified coking coal as a critical mineral, a decision aimed at accelerating exploration and boosting supply, aiding the steel industry. The measure should spur mining by removing regulatory barriers including mandatory public consultations, the government said in a statement. It will also permit the use of degraded forest land for “compensatory afforestation,” the practice of…

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Domestic commercial vehicle industry sales are expected to cross the peak level of financial year 2019 this ongoing fiscal year with robust demand continuing post-GST rate cuts, aided by the government’s push for infrastructure projects, Tata Motors Ltd MD & CEO Grish Wagh said on Thursday. Yet, fuel prices and regulatory interventions could have an…

Read More “Domestic Commercial Vehicle Sales Expected To Cross Peak Level Of FY19” »

Samsonite’s luggage factory in Nashik emerged as the firm’s largest production facility in the world by volume, surpassing its European counterparts, as per a case study in the Economic Survey 2025-26, which discussed the importance of industrial clusters in boosting productivity. “Industrial clusters create advantages by bringing firms, suppliers, workers, and logistics together in dense…

Read More “How Samsonite’s Nashik Plant Beat European Units In Volumes — Lesson From Economic Survey 2026” »

An Indian government panel has proposed a sharp reduction in the share of food prices used to determine retail inflation, a move that could help the central bank conduct monetary policy more effectively. The expert committee of the Ministry of Statistics and Programme Implementation recommended paring back the weight of food and beverages in the…

Read More “Statistics Ministry Panel Proposes Cutting Share of Volatile Food Prices in Inflation Gauge” »

After nearly two years of rural India leading the consumption recovery, signs are emerging that urban demand may finally be staging a comeback. Improving corporate salary growth, selective hiring especially in global capability centres and fiscal support through tax and GST cuts are helping urban consumption regain momentum, as per experts. At the same time,…

Read More “Urban Consumption Shows Green Shoots As Consumption Recovery Broadens” »

The Supreme Court on Thursday stayed the University Grants Commission’s 2026 regulations, while directing the higher education institutions to adhere to the 2012 framework until further orders. A bench led by Chief Justice of India Surya Kant held that the rules required a fresh review, highlighting serious ambiguities that might result in misuse. The Supreme…

Read More “Why UGC 2012 Regulations Are In Focus After Supreme Court’s Latest Order” »