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class="cls-1" d="M16,5A11,11,0,1,0,27,16,11,11,0,0,0,16,5Zm0,20a9,9,0,1,1,9-9A9,9,0,0,1,16,25Z"></path><polygon class="cls-1" points="15 15 9.33 15 9.33 17 17 17 17 8.83 15 8.83 15 15"></polygon></g></svg>2 min<!-- --> read</span></div><div class="flex flex-col justify-start w-full mt-3"><a rel="noopener" href="https://www.businessinsider.in/india/news/foreign-investors-sell-rs-11412-crore-this-week-experts-say-maharashtra-election-result-may-trigger-inflows/articleshow/115596211.cms" target="_self" class="topstory_title" title="Foreign investors sell Rs 11,412 crore this week, experts say Maharashtra election result may trigger inflows"><h1 class="md:text-xl text-base font-bold text-black mb-3">Foreign investors sell Rs 11,412 crore this week, experts say Maharashtra election result may trigger inflows</h1></a><a rel="noopener" href="https://www.businessinsider.in/india/news/foreign-investors-sell-rs-11412-crore-this-week-experts-say-maharashtra-election-result-may-trigger-inflows/articleshow/115596211.cms" target="_self" class="topstory_summary" title="Foreign investors sell Rs 11,412 crore this week, experts say Maharashtra election result may trigger inflows"><p class="md:text-[15px] text-sm font-normal text-[#6D787A] mb-2">This week, DIIs purchased equities worth Rs 11,035 crore, cushioning the impact of foreign outflows. Their total net buying in November now stands at Rs 37,559 crore.</p></a></div></div><div class="flex justify-between items-center mt-3 lg:mb-0 mb-2"><div><div class="flex flex-row justify-start items-center"><div class="flex"><a href="https://www.businessinsider.in/author_articles_all.cms?query=479235879&amp;author=bi india bureau=&amp;page=1" class="topstory_author" title="BI India Bureau"><h2 class="font-bold text-[14px] md:text-[16px] text-blue-600">BI India Bureau<!-- -->   </h2></a></div><div class="flex items-center"><span class="mr-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="topstoryShareBtn" id="topstoryshareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path 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height="16"/>India</a><span class="absolute bottom-2 right-2 bg-white bg-opacity-75 text-biblack font-normal text-xs py-1 px-2 rounded-full flex"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 32 32" class="w-4 mr-1"><defs class="jsx-5530ea59f1e0bde0"></defs><title></title><g data-name="Layer 11" id="Layer_11"><path class="cls-1" d="M16,5A11,11,0,1,0,27,16,11,11,0,0,0,16,5Zm0,20a9,9,0,1,1,9-9A9,9,0,0,1,16,25Z"></path><polygon class="cls-1" points="15 15 9.33 15 9.33 17 17 17 17 8.83 15 8.83 15 15"></polygon></g></svg>2 min<!-- --> read</span></div><div class="flex flex-col justify-start w-full"><a rel="noopener" href="https://www.businessinsider.in/india/news/average-construction-cost-for-housing-projects-up-39-in-4-years-on-rising-rates-of-building-materials-and-labor-colliers/articleshow/115591778.cms" target="_self" class="topstory_title" title="Average construction cost for housing projects up 39% in 4 years on rising rates of building materials and labor: Colliers"><h1 class="md:text-base text-base font-bold text-black mb-3">Average construction cost for housing projects up 39% in 4 y…</h1></a></div></div><div class="flex justify-between items-center"><div><div class="flex flex-row justify-start items-center"><div class="flex items-center"><span class="mr-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="topstoryShareBtn" id="topstoryshareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path d="M0.237549 11.3116C0.237549 11.6222 0.489389 11.8741 0.800049 11.8741C1.11071 11.8741 1.36255 11.6222 1.36255 11.3116H0.237549ZM1.36255 11.3116V6.33379H0.237549V11.3116H1.36255ZM3.28894 4.4074H7.64449V3.2824H3.28894V4.4074ZM1.36255 6.33379C1.36255 5.26987 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Industry leaders like Dee…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex"><a href="https://www.businessinsider.in/author_articles_all.cms?query=479235879&amp;author=bi india bureau=&amp;page=1" class="artishow_author"><h3 class="font-bold md:text-[0.875rem] text-xs text-blue-600">BI India Bureau<!-- -->   </h3></a></div><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="articleshowShareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path d="M0.237549 11.3116C0.237549 11.6222 0.489389 11.8741 0.800049 11.8741C1.11071 11.8741 1.36255 11.6222 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data-nimg="fill" class="object-cover object-top rounded-lg transition duration-500 group-hover:rounded-xl" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div></a></div><div><a title="NCR leads with 56% surge in average ticket size of homes in H1 FY2025, highlights ANAROCK report" rel="noopener" href="https://www.businessinsider.in/india/news/ncr-leads-with-56-surge-in-average-ticket-size-of-homes-in-h1-fy2025-highlights-anarock-report/articleshow/115477331.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">NCR leads with 56% surge in average ticket size of homes in H1 FY2025, highlights ANAROCK report</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">India's top seven cities witnessed a surge in residential real estate value, driven by a shift towa…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex"><a href="https://www.businessinsider.in/author_articles_all.cms?query=479235879&amp;author=bi india bureau=&amp;page=1" class="artishow_author"><h3 class="font-bold md:text-[0.875rem] text-xs text-blue-600">BI India Bureau<!-- -->   </h3></a></div><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="articleshowShareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path d="M0.237549 11.3116C0.237549 11.6222 0.489389 11.8741 0.800049 11.8741C1.11071 11.8741 1.36255 11.6222 1.36255 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href="https://www.businessinsider.in/india/news/maharashtra-polls-first-time-voters-and-youth-seek-more-jobs-security-for-women/articleshow/115473153.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">Maharashtra polls: First-time voters and youth seek more jobs, security for women</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">Young voters in Nagpur showed up in large numbers for the Maharashtra assembly polls. 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src="/_next/image?url=https%3A%2F%2Fstaticbiassets.in%2Fthumb%2Fmsid-115439397%2Cwidth-640%2Cresizemode-4%2Cimgsize-8946%2Ftoxic-air-in-delhi-experts-call-for-ending-fossil-fuel-reliance-prioritising-clean-energy.jpg&amp;w=3840&amp;q=75" decoding="async" data-nimg="fill" class="object-cover object-top rounded-lg transition duration-500 group-hover:rounded-xl" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div></a></div><div><a title="Toxic air in Delhi: Experts call for ending fossil fuel reliance; prioritising clean energy" rel="noopener" href="https://www.businessinsider.in/india/news/toxic-air-in-delhi-experts-call-for-ending-fossil-fuel-reliance-prioritising-clean-energy/articleshow/115439397.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">Toxic air in Delhi: Experts call for ending fossil fuel reliance; prioritising clean energy</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">With Delhi's air quality once again on hazardous levels, health and climate experts have termed the…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex"><a href="https://www.businessinsider.in/author_articles_all.cms?query=479235879&amp;author=bi india bureau=&amp;page=1" class="artishow_author"><h3 class="font-bold md:text-[0.875rem] text-xs text-blue-600">BI India Bureau<!-- -->   </h3></a></div><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button 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class="object-cover object-top rounded-lg transition duration-500 group-hover:rounded-xl" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div></a></div><div><a title="Amid worsening air quality and GRAP-4, central government employee body seeks work-from-home" rel="noopener" href="https://www.businessinsider.in/india/news/amid-worsening-air-quality-and-grap-4-central-government-employee-body-seeks-work-from-home/articleshow/115417242.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">Amid worsening air quality and GRAP-4, central government employee body seeks work-from-home</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">The Central Secretariat Service (CSS) officers' association has urged the government to implement w…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex"><a href="https://www.businessinsider.in/author_articles_all.cms?query=479235879&amp;author=bi india bureau=&amp;page=1" class="artishow_author"><h3 class="font-bold md:text-[0.875rem] text-xs text-blue-600">BI India Bureau<!-- -->   </h3></a></div><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="articleshowShareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path d="M0.237549 11.3116C0.237549 11.6222 0.489389 11.8741 0.800049 11.8741C1.11071 11.8741 1.36255 11.6222 1.36255 11.3116H0.237549ZM1.36255 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style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div></a></div><div><a title="Domestic air passenger traffic hits single-day record of 5.05 lakh on November 17" rel="noopener" href="https://www.businessinsider.in/india/news/domestic-air-passenger-traffic-hits-single-day-record-of-5-05-lakh-on-november-17/articleshow/115412850.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">Domestic air passenger traffic hits single-day record of 5.05 lakh on November 17</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">Domestic air travel in India set a new record on Sunday. Over 5 lakh passengers flew, marking a new…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="articleshowShareBtn" type="button"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 12 13" fill="none"><path d="M0.237549 11.3116C0.237549 11.6222 0.489389 11.8741 0.800049 11.8741C1.11071 11.8741 1.36255 11.6222 1.36255 11.3116H0.237549ZM1.36255 11.3116V6.33379H0.237549V11.3116H1.36255ZM3.28894 4.4074H7.64449V3.2824H3.28894V4.4074ZM1.36255 6.33379C1.36255 5.26987 2.22502 4.4074 3.28894 4.4074V3.2824C1.6037 3.2824 0.237549 4.64855 0.237549 6.33379H1.36255Z" 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href="https://www.businessinsider.in/india/news/five-delhi-bound-flights-diverted-to-jaipur-dehradun-due-to-low-visibility/articleshow/115406922.cms" target="_self" class="listing_title"><h3 class="md:text-xl text-base font-bold text-black mb-3">Five Delhi-bound flights diverted to Jaipur, Dehradun due to low visibility</h3></a><div class="md:text-base text-sm font-normal text-[#6D787A] mb-2">Five Delhi-bound flights have been diverted to Jaipur and Dehradun due to low visibility at the Ind…</div></div></div><div class="flex justify-between items-center mt-3"><div><div class="flex flex-row justify-start items-center"><div class="flex items-center"><span class="mx-1"><svg xmlns="http://www.w3.org/2000/svg" width="6" height="6" viewBox="0 0 6 6" fill="none"><rect width="6" height="6" rx="3" fill="#8CA8AC"></rect></svg></span><span class="text-[#6D787A] text-[12px]"></span></div></div></div><div><div class="flex flex-row justify-end"><button aria-label="articleshowShareBtn" 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Bureau","author_id":479235879}],"body":"Foreign investors extended their selling spree in Indian equity markets for the third consecutive week in November, according to data released by the National Stock Exchange. This week alone, foreign investors sold equities worth Rs 11,412 crore, adding to the ongoing selling pressure.\u003cbr /\u003e\u003cbr /\u003eWith this, the net selling by foreign investors in November has reached Rs 41,872 crores, indicating persistent bearish sentiment from overseas players. The consistent outflow has weighed on market sentiments, creating volatility in the indices.\u003cbr /\u003e\u003cbr /\u003eMeanwhile, domestic institutional investors (DIIs) have continued to provide much-needed support to the Indian markets. \u003cbr /\u003e\u003cbr /\u003e\"The results of the Maharashtra elections have the potential to increase the confidence of foreign investors and trigger inflows, given that the main benchmarks have seen a compression in valuations. Over $14 billion has left Indian equities since the end of September. Seasonality between now and the end of the year has historically been bullish, so it certainly seems like foreign flows will be the catalyst that will trigger a larger recovery in stocks,\" said Akshay Chinchalkar, Head of Research at Axis Securities.\u003cbr /\u003e\u003cbr /\u003eHe further added, \"The total FII selling through the exchanges for the period 1st October through 23rd November stands at a whopping Rs 155730 crore. This is the kind of selling that happens in a year when FIIs are in selling mode.\".\u003cbr /\u003e\u003cbr /\u003eThis week, DIIs purchased equities worth Rs 11,035 crore, cushioning the impact of foreign outflows. Their total net buying in November now stands at Rs 37,559 crore. The contrasting activity between foreign investors and domestic institutions highlights differing perspectives on the market. While foreign investors seem cautious, DIIs remain optimistic, helping stabilize the indices amid global uncertainties.\u003cbr /\u003e\u003cbr /\u003e\"The relentless selling by FIIs continued in November till 22. After selling equity for Rs 1,13,858 crores through exchanges in October, FIIs have sold another Rs 41,872 crore of equity through exchanges in November through 22nd. The trend of FII buying through the primary markets also continued with Rs 15,339 crore worth buying in November through 22nd,\" said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.\u003cbr /\u003e\u003cbr /\u003eIn October, FPIs marked their single highest monthly selling activity ever, with a record Rs 1,13,858 crore worth of shares sold through the exchanges. The scale of this outflow highlights the cautious approach FPIs have taken towards Indian equities.\u003cbr /\u003e\u003cbr /\u003eHowever, despite this heavy selling in the secondary market, FPIs have remained active buyers in the primary market.\u003cbr /\u003e\u003cbr /\u003eMeanwhile, the Mahayuti alliance, led by the NDA, recorded a landslide victory in the state and is on course to retain power, securing 224 seats, out of which the NDA secured 133 seats. On the other hand, the INDIA bloc, which consists of Congress and Shiv Sena (UBT), managed to win 57 seats. However, it remains unclear whether incumbent CM Eknath Shinde will make a co.\u003cbr /\u003e\u003cbr /\u003e\u003cbr /\u003e","synopsis":"This week, DIIs purchased equities worth Rs 11,035 crore, cushioning the impact of foreign outflows. Their total net buying in November now stands at Rs 37,559 crore.","updatedTime":1732354484146,"insertedTime":1732353510000,"img_Path":"/thumb/msid-115596211,width-640,resizemode-4,imgsize-34012/foreign-investors-sell-rs-11412-crore-this-week-experts-say-maharashtra-election-result-may-trigger-inflows.jpg","url":"india/news/foreign-investors-sell-rs-11412-crore-this-week-experts-say-maharashtra-election-result-may-trigger-inflows/articleshow/115596211.cms","slug":"india/news/foreign-investors-sell-rs-11412-crore-this-week-experts-say-maharashtra-election-result-may-trigger-inflows","category":"India","article_type":"indian"},{"title":"Average construction cost for housing projects up 39% in 4 years on rising rates of building materials and labor: Colliers","msid":115591778,"readingTime":2,"authorDetail":[],"body":"The average construction cost for housing projects in big cities has increased by 39% in the last four years to Rs 2,780 per sq ft, with building materials and labour becoming expensive, according to Colliers India. Real estate consultant Colliers India data shows that the average construction cost for premium housing projects stood at Rs 2,000 per square foot in October 2020. \u003cbr /\u003e\u003cbr /\u003eThe construction cost rose to Rs 2,200 per square foot in October 2021, Rs 2,300 per sq ft in October 2022, Rs 2,500 per sq ft in October 2023, and Rs 2,780 per square foot in October 2024. \u003cbr /\u003e\u003cbr /\u003eColliers India said these are average costs for a Grade A residential building of 15 floors. The data pertains to Tier-I cities. Over the last year, the consultant said the average cost of construction of housing projects rose 11% due to a significant surge in labour costs coupled with a moderate price increase in construction materials like sand, brick, glass, wood, etc. \u003cbr /\u003e\u003cbr /\u003eNotably, the cumulative effect of a rise in the prices of four key construction materials, including cement, steel, copper, and aluminium, has been relatively low. Average cement prices have seen a steep decline of 15%, while average steel prices have witnessed a marginal 1% decrease over the last 12 months. \u003cbr /\u003e\u003cbr /\u003eHowever, the consultant pointed out that the labour cost rose 25% in the last year. \u003cbr /\u003e\u003cbr /\u003eThe average rate of copper and aluminium increased by 19% and 5%, respectively. \u003cbr /\u003e\u003cbr /\u003eBadal Yagnik, Chief Executive Officer, Colliers India, said, \"While the rise in prices of key construction materials was relatively modest over the last year, labour costs have been driving the overall cost of construction upward.\". \u003cbr /\u003e\u003cbr /\u003e\"With labour accounting for more than one-fourth of overall construction cost, a 25% annual rise in labour costs has stretched construction budgets and impacted operational expenses.\" \u003cbr /\u003e\u003cbr /\u003eMoreover, Yagnik said the need for skilled labour and the associated costs for training, safety, and regulatory compliance further add to spiralling labour costs. To navigate the steady rise in overall construction costs and associated challenges, Colliers India said that developers are optimising costs by reassessing budgets. \u003cbr /\u003e\u003cbr /\u003eReal estate developers are also looking at improving supply chain management by diversifying suppliers and opting for localised sourcing of key construction materials, the consultant added. \u003cbr /\u003e\u003cbr /\u003eAdditionally, real estate firms are increasingly making investments in training and automation to address challenges related to volatility in the availability of skilled manpower, which in turn can potentially facilitate better project scheduling.","synopsis":"Construction costs for housing projects in major Indian cities have surged by 39% in four years, reaching Rs 2,780 per sq ft. While material costs have seen moderate fluctuations, a 25% jump in labor costs is the primary driver, impacting developers' budgets and timelines.","updatedTime":1732353732507,"insertedTime":1732344331000,"img_Path":"/thumb/msid-115591778,width-640,resizemode-4,imgsize-42484/average-construction-cost-for-housing-projects-up-39-in-4-years-on-rising-rates-of-building-materials-and-labor-colliers.jpg","url":"india/news/average-construction-cost-for-housing-projects-up-39-in-4-years-on-rising-rates-of-building-materials-and-labor-colliers/articleshow/115591778.cms","slug":"india/news/average-construction-cost-for-housing-projects-up-39-in-4-years-on-rising-rates-of-building-materials-and-labor-colliers","category":"India","article_type":"indian"},{"title":"India spent $14 trillion on investments since Independence; more than half of it spent in last 10 years, says Motilal Oswal report","msid":115591731,"readingTime":1,"authorDetail":[],"body":"India's economic growth story has witnessed a remarkable surge in investment spending, with over half of the $ 14 trillion invested since Independence being spent in the last decade alone, according to a report by Motilal Oswal.\u003cbr /\u003e\u003cbr /\u003eThe report highlighted that $8 trillion was poured into the economy in the past 10 years, underscoring the country's rapid expansion and modernization.\u003cbr /\u003e\u003cbr /\u003e\"The country has spent $14 trillion on investments since independence, with $8 trillion spent in the last decade alone,\" said the report. The report also noted that this unprecedented acceleration is expected to continue, with projections indicating that India will invest an additional $ 8 trillion in just the next five years.\u003cbr /\u003e\u003cbr /\u003eIt also added that the investment-to-GDP ratio, which had stagnated since 2011, is now witnessing a recovery. This revival is attributed to post-COVID recovery measures and increased government expenditure on infrastructure and developmental projects. The growing size of India's annual investments reflects a shift towards sustained economic growth and enhanced global competitiveness.\u003cbr /\u003e\u003cbr /\u003eIt said, \"The investment-to-GDP ratio, which had been low since 2011, is now recovering due to post-COVID recovery efforts and increased government expenditure.\".\u003cbr /\u003e\u003cbr /\u003eThe report also sheds light on the resilience of India's stock markets over the past three decades. It stated that out of 33 years, markets ended with positive returns in 26 years, despite experiencing interim declines. Temporary drawdowns of 10-20% have become an almost annual phenomenon, but long-term trends reveal consistent growth.\u003cbr /\u003e\u003cbr /\u003eIt said, \"10-20% temporary drawdown is almost a given every year.\" While bear markets may seem daunting in the moment, they often turn out to be minor setbacks in hindsight. The report cautions investors against panic selling during downturns, emphasizing the importance of maintaining a long-term perspective to reap the benefits of market recovery.\u003cbr /\u003e\u003cbr /\u003eIndia's robust investment momentum, coupled with its resilient stock market, paints a promising picture for the country's economic future. As the investment base continues to expand, India is poised to emerge as a key player in the global economy.\u003cbr /\u003e\u003cbr /\u003e","synopsis":"India has witnessed an investment boom, pouring $8 trillion into its economy in the last decade alone, according to a Motilal Oswal report. This surge in investment is projected to continue, with an additional $8 trillion expected over the next five years. The report highlights the country's recovering investment-to-GDP ratio, driven by post-pandemic measures and increased government spending.","updatedTime":1732345524622,"insertedTime":1732344312000,"img_Path":"/thumb/msid-115591731,width-640,resizemode-4,imgsize-18716/india-spent-14-trillion-on-investments-since-independence-more-than-half-of-it-spent-in-last-10-years-says-motilal-oswal-report.jpg","url":"india/news/india-spent-14-trillion-on-investments-since-independence-more-than-half-of-it-spent-in-last-10-years-says-motilal-oswal-report/articleshow/115591731.cms","slug":"india/news/india-spent-14-trillion-on-investments-since-independence-more-than-half-of-it-spent-in-last-10-years-says-motilal-oswal-report","category":"India","article_type":"indian"},{"title":"Scooter sales outpace motorcycle segment so far by 18.4 pc YoY growth in FY25, says Motilal Oswal","msid":115589123,"readingTime":1,"authorDetail":[],"body":"The two-wheeler (2W) segment, particularly scooters, registered strong growth this year in the country, outpacing the motorcycle segment, according to a report by Motilal Oswal.\u003cbr /\u003e\u003cbr /\u003eThe report highlighted that the scooter segment within internal combustion engine (ICE) two-wheelers posted 18.4% year-on-year (YoY) growth year-to-date (YTD) in FY25. In comparison, the motorcycle segment recorded a lower, but still healthy, growth rate of approximately 13% YoY during the same period.\u003cbr /\u003e\u003cbr /\u003e\"Within 2Ws, the ICE scooter segment has posted 18.4 % YoY growth YTD, and the motorcycle segment has seen ~13 % YoY growth,\" said the report\u003cbr /\u003e\u003cbr /\u003eOverall, the report also noted that the ICE two-wheeler segment continues to outperform, registering a solid 14.6% YoY growth in YTDFY25. In contrast, the passenger vehicle (PV) segment recorded a muted 0.6% YoY growth during the same period, highlighting the dominance of two-wheelers in the market.\u003cbr /\u003e\u003cbr /\u003eIt said \"2W ICE segment continues to outperform, with 14.6% YoY growth in YTDFY25, compared with muted 0.6% YoY growth for PV segment.\".\u003cbr /\u003e\u003cbr /\u003eThe report highlighted divergent growth trends within the motorcycle segment. The 100cc motorcycle sub-segment underperformed, posting around 9% YoY growth in FY25 so far. However, the 125cc segment stood out, delivering exceptional growth of approximately 20% YoY.\u003cbr /\u003e\u003cbr /\u003eSimilarly, the 150-250cc segment demonstrated strong performance with about 17% YoY growth on a YTD basis.\u003cbr /\u003e\u003cbr /\u003eThe report data stated that the PV industry exhibited sluggish growth, expanding by just 0.9% YoY in October 2024 and 0.6% YoY in YTDFY25. However, within the PV segment, utility vehicles (UVs) continued to shine, with their contribution increasing to 64.8% of the overall PV market.\u003cbr /\u003e\u003cbr /\u003eWhile the two-wheeler segment has significantly outperformed passenger vehicles so far in FY25, the report cautioned that growth in the segment may moderate for the rest of the fiscal year.\u003cbr /\u003e\u003cbr /\u003eDespite this, the strong performance of scooters and select motorcycle sub-segments highlights the ongoing demand and resilience of the two-wheeler market in India.\u003cbr /\u003e\u003cbr /\u003eThis data highlights the evolving dynamics in the automotive industry, where affordability and shifting consumer preferences are driving growth across certain segments while others face stagnation.\u003cbr /\u003e\u003cbr /\u003e","synopsis":"India's two-wheeler market, especially scooters, witnessed impressive growth this year, surpassing motorcycles. Scooters surged by 18.4%, while motorcycles saw a 13% rise. This contrasts with the sluggish 0.6% growth in the passenger vehicle segment. However, growth in the two-wheeler segment is expected to moderate in the coming months.","updatedTime":1732338453698,"insertedTime":1732338023000,"img_Path":"/thumb/msid-115589123,width-640,resizemode-4,imgsize-39984/scooter-sales-outpace-motorcycle-segment-so-far-by-18-4-pc-yoy-growth-in-fy25-says-motilal-oswal.jpg","url":"india/news/scooter-sales-outpace-motorcycle-segment-so-far-by-18-4-pc-yoy-growth-in-fy25-says-motilal-oswal/articleshow/115589123.cms","slug":"india/news/scooter-sales-outpace-motorcycle-segment-so-far-by-18-4-pc-yoy-growth-in-fy25-says-motilal-oswal","category":"India","article_type":"indian"},{"title":"Consumer staple demand recovers in rural areas, urban areas witness slowdown: Report","msid":115589112,"readingTime":1,"authorDetail":[],"body":"In the second quarter of FY25 (2QFY25), consumer staples exhibited contrasting demand trends with rural and semi-urban markets, including Tier-3 and Tier-4 cities, showed a recovery in demand trends, urban centers, metros, and Tier-1 cities experienced a slowdown, according to a report by Systematix institutional equities.\u003cbr /\u003e\u003cbr /\u003eThis divergence reflects the varied impact of inflation and income dynamics on consumer spending patterns. The slowdown in urban demand was particularly pronounced in specific categories, channels, and consumer segments. \u003cbr /\u003e\u003cbr /\u003eSoaps, tea, juices, noodles, and paints struggled due to subdued demand, with consumer wallets hit by rising inflation and intense competition. \u003cbr /\u003e\u003cbr /\u003eConversely, categories like oral care, detergents, coffee, chocolates, biscuits, aerated drinks, spices, edible oils, and cigarettes performed relatively well, demonstrating resilience despite challenging conditions.\u003cbr /\u003e\u003cbr /\u003eHowever, modern trade and e-commerce channels displayed robust double-digit growth, prompting businesses to rebalance inventory from GT to these rapidly growing platforms. \u003cbr /\u003e\u003cbr /\u003eAmong consumer segments, lower-income and middle-income groups bore the brunt of inflationary pressures, with non-salaried households hit hardest by rising food prices and stagnant income growth.\u003cbr /\u003e\u003cbr /\u003eTo counter escalating input costs, companies implemented price hikes across categories like tea, soaps, biscuits, and paints. While these increases helped offset some inflationary pressures, they also risked suppressing volume growth in the latter half of FY25. \u003cbr /\u003e\u003cbr /\u003eRevenue growth for most companies remained subdued, ranging from -5% to +5% year-on-year (YoY), with negative pricing trends in the base period constraining realisation growth for several players.\u003cbr /\u003e\u003cbr /\u003eMargins faced significant pressure during the quarter, with operating profit margins (OPM) declining by 100-400 basis points YoY across the sector. \u003cbr /\u003e\u003cbr /\u003eThis was primarily driven by sharp inflation in raw materials, sustained investments in branding, staffing, and distribution, and competitive pressures necessitating higher trade and consumer promotions. \u003cbr /\u003e\u003cbr /\u003eDespite price hikes, the lag in fully absorbing raw material inflation and continued operating deleverage is expected to sustain margin challenges into the third quarter of FY25.\u003cbr /\u003e\u003cbr /\u003eAmid these headwinds, companies with resilience to urban demand challenges, strong pricing power, and favorable category tailwinds are better positioned for growth.\u003cbr /\u003e\u003cbr /\u003e","synopsis":"Rural and semi-urban markets in India showed recovering consumer demand in the second quarter of FY25, while urban centers experienced a slowdown. Inflation, competitive pressures, and rising input costs squeezed margins, leading companies to raise prices. Despite these challenges, modern trade and e-commerce channels saw double-digit growth.","updatedTime":1732338231987,"insertedTime":1732337983000,"img_Path":"/thumb/msid-115589112,width-640,resizemode-4,imgsize-44110/consumer-staple-demand-recovers-in-rural-areas-urban-areas-witness-slowdown-report.jpg","url":"india/news/consumer-staple-demand-recovers-in-rural-areas-urban-areas-witness-slowdown-report/articleshow/115589112.cms","slug":"india/news/consumer-staple-demand-recovers-in-rural-areas-urban-areas-witness-slowdown-report","category":"India","article_type":"indian"},{"title":"Air pollution in Delhi-NCR: SC to consider on Nov 25 if GRAP-4 curbs can be relaxed","msid":115564450,"readingTime":2,"authorDetail":[],"body":"The Supreme Court on Friday said it would consider on November 25 whether or not to ease the anti-pollution GRAP-4 restrictions in Delhi-NCR keeping in view the drop in air quality index levels. A bench of Justices Abhay S Oka and Augustine George Masih expressed displeasure over the poor implementation of GRAP-4 restrictions, especially related to restricting entry of trucks carrying non-essential goods into Delhi. \u003cbr /\u003e\u003cbr /\u003e First implemented in 2017, the Graded Response Action Plan (GRAP) was a set of anti-air pollution measures followed in the capital and its vicinity according to the severity of the situation. \u003cbr /\u003e\u003cbr /\u003e It classifies the air quality in the Delhi-NCR under four different stage -- Stage 1 \"poor\" (AQI 201-300), Stage 2 \"very poor\" (AQI 301-400), Stage 3 \"severe\" (AQI 401-450) and Stage 4 \"severe plus\" (AQI above 450). \u003cbr /\u003e\u003cbr /\u003e On Friday, the apex court appointed 13 Supreme Court lawyers as court commissioners to visit the various entry points in Delhi to ascertain whether restrictions on entry of trucks were implemented or not. \u003cbr /\u003e\u003cbr /\u003e The bench was informed by Additional Solicitor General Aishwarya Bhati that the pollution level had dropped in the last two days and the AQI level was now under the GRAP-2 stage. \u003cbr /\u003e\u003cbr /\u003e On Friday, the overall AQI in Delhi remained in the \"very poor\" category being recorded at 373. \u003cbr /\u003e\u003cbr /\u003e On November 18, the apex court directed all Delhi-NCR states to immediately set up teams to strictly enforce anti-pollution GRAP 4 restrictions, making it clear that the curbs would continue till further orders. \u003cbr /\u003e\u003cbr /\u003e During the hearing on Friday, the bench was informed that the enforced GRAP-4 restrictions also had an adverse impact. \u003cbr /\u003e\u003cbr /\u003e \"The consequences of GRAP-4 are drastic and it will have adverse effects on several sections of the society,\" the bench observed. \u003cbr /\u003e\u003cbr /\u003e The top court would therefore decide on November 25 whether to ease the curbs imposed under GRAP-4. \u003cbr /\u003e\u003cbr /\u003e It also dealt with the issue of pollution emanating from trucks entering the national capital and questioned the Delhi government for the lack of implementation of the GRAP-4 measures. \u003cbr /\u003e\u003cbr /\u003e \"It is very difficult for us to assume that entry of trucks in Delhi has been stopped,\" the bench said. \u003cbr /\u003e\u003cbr /\u003e The counsel appearing for the Delhi government informed the bench there were a total of 113 entry points, including 13 for trucks. \u003cbr /\u003e\u003cbr /\u003e The apex court directed the Centre and the Delhi Police to ensure setting up of check posts at all 113 entry points. \u003cbr /\u003e\u003cbr /\u003e The apex court is seized of the matter related to air pollution in the Delhi-National Capital Region and the hearing is currently underway.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003eOppo Find X8 and Find X8 Pro launched in India starting at ₹69,999\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"","updatedTime":1732272275129,"insertedTime":1732271574000,"img_Path":"/thumb/msid-115564450,width-640,resizemode-4,imgsize-25326/air-pollution-in-delhi-ncr-sc-to-consider-on-nov-25-if-grap-4-curbs-can-be-relaxed.jpg","url":"india/news/air-pollution-in-delhi-ncr-sc-to-consider-on-nov-25-if-grap-4-curbs-can-be-relaxed/articleshow/115564450.cms","slug":"india/news/air-pollution-in-delhi-ncr-sc-to-consider-on-nov-25-if-grap-4-curbs-can-be-relaxed","category":"India","article_type":"indian"},{"title":"Indian real estate institutional investments in 2024 set to surpass 2023 levels: Colliers","msid":115562235,"readingTime":2,"authorDetail":[],"body":"The institutional investments in Indian real estate in the current year (2024) are poised to surpass 2023 level, stated a report by Colliers. \u003cbr /\u003e\u003cbr /\u003eColliers' Asia Pacific Report, 2025 Global Investor Outlook stated that the growth is supported by robust investments in office, industrial and warehousing, and residential sectors. \u003cbr /\u003e\u003cbr /\u003eIn the first three quarters of 2024 alone, investments have reached USD 4.7 billion, accounting for 87 per cent of the inflows in the entire year of 2023. This momentum also sets a promising tone for institutional investments across real estate asset classes in 2025, the report added. \u003cbr /\u003e\u003cbr /\u003eSince 2021, institutional inflows have totaled USD 19 billion, with investment volumes rising each passing year. This growth is fueled by surging demand across core real estate segments. \u003cbr /\u003e\u003cbr /\u003eWhile office assets have driven over 40 per cent of inflows during the last four years (2021-24), both industrial and warehousing and residential sectors are now seeing accelerated momentum in recent years, the report added. \u003cbr /\u003e\u003cbr /\u003e\"The office sector is likely to have its best year in India, with record absorption fueled by GCCs and domestic demand. The residential sector is witnessing strong end-user sales. Equity capital in Indian real estate is now more diversified, with an increasing share of domestic capital.\" said Piyush Gupta, Managing Director, Capital Markets and Investment Services at Colliers India.\u003cbr /\u003e\u003cbr /\u003eVimal Nadar, Senior Director and Head of Research, Colliers India added that the evolving real estate landscape in India offers compelling opportunities for investors across both core and non-core segments in 2025. He added that The office sector will continue to present increased opportunities in developmental assets, while rising and evolving consumption patterns and strong demand from e-commerce and third-party logistics (3PL) players will bolster the industrial and warehousing sector.\u003cbr /\u003e\u003cbr /\u003e\"Residential real estate, meanwhile, is likely to witness increased investor participation in joint venture platforms, redevelopment projects in Tier I cities. Additionally, with evolving demographic patterns, investments in alternatives such as data centers, senior living, student housing, schools, life sciences, holiday homes etc. will continue to hold immense long-term potential,\" he added. \u003cbr /\u003e\u003cbr /\u003eThe 2025 Global Investor Outlook is based on a series of interviews conducted with senior Colliers experts as well as a survey of around 1,000 property investors in October and November 2024, nearly 400 of whom were from APAC.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003eOppo Find X8 and Find X8 Pro launched in India starting at ₹69,999\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"The institutional investments in Indian real estate in the current year are posed to surpas 2023 level, stated a report by Colliers.","updatedTime":1732268670252,"insertedTime":1732268591000,"img_Path":"/thumb/msid-115562235,width-640,resizemode-4,imgsize-35858/indian-real-estate-institutional-investments-in-2024-set-to-surpass-2023-levels-colliers.jpg","url":"india/news/indian-real-estate-institutional-investments-in-2024-set-to-surpass-2023-levels-colliers/articleshow/115562235.cms","slug":"india/news/indian-real-estate-institutional-investments-in-2024-set-to-surpass-2023-levels-colliers","category":"India","article_type":"indian"},{"title":"India to introduce new legal framework for data privacy, free data flow: Piyush Goyal","msid":115550483,"readingTime":2,"authorDetail":[],"body":"Union Minister Piyush Goyal announced that India is set to bring in a new legal framework to ensure data privacy while promoting the free flow of data among trusted global partners.\u003cbr /\u003e\u003cbr /\u003eThe minister stated this during his address at the UK India Business Council's 'UK-India Technology Futures Conference' held in New Delhi on Thursday.\u003cbr /\u003e\u003cbr /\u003eHighlighting India's capabilities, Goyal stated, \"India is the best place in the world to provide sustainable infrastructure to the digital world. In addition to a robust legal system, India is going to bring out a new legal framework to ensure data privacy that will encourage free flow of data among trusted partners.\"\u003cbr /\u003e\u003cbr /\u003eHe emphasized the intersection of sustainability and the digital world, pointing out that data processing systems will consume a significant portion of energy in the future.\u003cbr /\u003e\u003cbr /\u003e\"Major portion of energy will be consumed by systems that will churn out data, and that will have an impact on sustainability issues,\" Goyal said.\u003cbr /\u003e\u003cbr /\u003eThe minister also noted India's extensive interconnected energy grid, which will reach a thousand gigawatts by 2030, combining traditional and renewable energy sources.\u003cbr /\u003e\u003cbr /\u003e\"For data centres, this huge amount of clean energy provides an unheard-of reliability and sustainability,\" he added.\u003cbr /\u003e\u003cbr /\u003eGoyal also stressed the potential for collaboration between India and the UK, particularly leveraging the UK's innovation-driven universities and India's large pool of STEM graduates.\u003cbr /\u003e\u003cbr /\u003eHe proposed five areas for partnership which includes Developing AI learning platforms and integrating virtual reality into education, Collaborating on telemedicine to reduce healthcare costs in the UK and provide quality healthcare in remote parts of India, Creating climate modeling tools to predict and manage natural disasters, Advancing precision farming and residue-free agriculture to improve productivity and Innovating in industries like organic chemicals, engineering goods, and food products to capitalize on technological advancements.\u003cbr /\u003e\u003cbr /\u003eGoyal concluded by emphasizing that the growing demand in India's emerging market makes it a promising destination for partnerships in cutting-edge fields.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003eOppo Find X8 and Find X8 Pro launched in India starting at ₹69,999\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"Union Minister Piyush Goyal announced that India is set to bring in a new legal framework to ensure data privacy while promoting the free flow of data among trusted global partners.","updatedTime":1732248311799,"insertedTime":1732247956000,"img_Path":"/thumb/msid-115550483,width-640,resizemode-4,imgsize-66674/india-to-introduce-new-legal-framework-for-data-privacy-free-data-flow-piyush-goyal.jpg","url":"india/news/india-to-introduce-new-legal-framework-for-data-privacy-free-data-flow-piyush-goyal/articleshow/115550483.cms","slug":"india/news/india-to-introduce-new-legal-framework-for-data-privacy-free-data-flow-piyush-goyal","category":"India","article_type":"indian"},{"title":"Smog blankets Delhi, air quality remains 'very poor'","msid":115550204,"readingTime":3,"authorDetail":[],"body":"A thick layer of smog engulfed the national capital on Friday while the air quality index in Delhi remained in the 'very poor' category, according to the Central Pollution Control Board (CPCB). \u003cbr /\u003e\u003cbr /\u003eAt 7 am on Friday, the CPCB recorded Delhi's AQI at 371, which placed it in the 'very poor' category.\u003cbr /\u003e\u003cbr /\u003eAccording to the CPCB data, the AQI measured at Chandni Chowk till 7 am was 359, IGI Airport (T3) 357, ITO 344, Jawaharlal Nehru Stadium 342, RK Puram 372, Okhla Phase 2 374, Patparganj 379, Sonia Vihar 400 and Aya Nagar 359.\u003cbr /\u003e\u003cbr /\u003eHowever, several places in Delhi are still in the 'severe' category for air pollution, with Anand Vihar recording an AQI of 410, Bawana 411, Mundka 402, and Wazirpur at 413.\u003cbr /\u003e\u003cbr /\u003eAn AQI between 0-50 is considered good, 51-100 is satisfactory, 101-200 is moderate, 201-300 is poor, 301-400 is very poor and 401-500 is severe.\u003cbr /\u003e\u003cbr /\u003eSuryakant, who was out for a morning walk on Lodhi Road, said the pollution situation in Delhi is very bad and the number of people coming for morning walks has reduced.\u003cbr /\u003e\u003cbr /\u003e\"The pollution situation in Delhi is very bad. It is unfortunate. Schools have started online classes. The number of people coming for morning walks has also reduced. Eyes are burning,\" he said.\u003cbr /\u003e\u003cbr /\u003ePrakash Kumar Singh, a Class 12 student, informed his classes have also gone online, due to the high AQI.\u003cbr /\u003e\u003cbr /\u003e\"Pollution has increased. When the weather changes, pollution always increases in Delhi. We are youngsters, so it doesn't affect us much, but the condition of the elderly is getting worse. I am also a student and my classes have gone online, so it is very good because the AQI is very high,\" he told ANI.\u003cbr /\u003e\u003cbr /\u003eGaurav a tourist who had come to visit India Gate said that the pollution is causing itching in the throat, sore throat, and a burning sensation in the eyes.\u003cbr /\u003e\u003cbr /\u003e\"Pollution is causing itching in the throat, sore throat, and burning sensation in the eyes. The only solution for this at the moment is to wear a mask and stay at home. The government should reduce the sources of pollution. Pollution is causing trouble for the elderly,\" he told ANI.\u003cbr /\u003e\u003cbr /\u003eMeanwhile, the situation is slightly better in Uttar Pradesh, as Lucknow recorded an AQI of 268 at 7 am on Friday, which has been categorised as poor by the CPCB. \u003cbr /\u003e\u003cbr /\u003eIn Noida, a thin layer of smog engulfed the city, where the AQI was recorded at 262, which is categorised as 'poor' according to the CPCB. \u003cbr /\u003e\u003cbr /\u003eIn Agra, the iconic Taj Mahal looked ethereal amid a thin layer of fog. According to the Central Pollution Control Board, the air quality in the region is in the 'moderate' category. The India Meteorological Department (IMD) reported that the city witnessed 'light fog' today. \u003cbr /\u003e\u003cbr /\u003eStephanie, a tourist from London, said that the Taj Mahal is absolutely amazing, but there is a lot of pollution in the air.\u003cbr /\u003e\u003cbr /\u003e\"I think the Taj is absolutely amazing. It is very beautiful, especially in the morning when there is a lot of fog and the river water is rising. It looks very beautiful. But I think there is a lot of pollution in the air; you can smell the smoke. But it makes for a very beautiful picture,\" she told ANI.\u003cbr /\u003e\u003cbr /\u003eDelhi has been battling severe air quality and thick smog for the past few weeks. At 8 am on Thursday, the city's AQI was recorded at 379, categorised as 'very poor' by the Central Pollution Control Board (CPCB).\u003cbr /\u003e\u003cbr /\u003eEarlier on Thursday, the Aam Aadmi Party (AAP) launched a scathing attack on Union Environment Minister Bhupender Yadav and accused him of being indifferent to the growing pollution crisis in north India.\u003cbr /\u003e\u003cbr /\u003eCiting a national daily's report titled \"AQI in north India hits 'severe plus' levels; toxic smog now visible even from space,\" the AAP wrote on Twitter (formerly Twitter), \"Bhupender Yadav ji doesn't care\".\u003cbr /\u003e\u003cbr /\u003eIn view of the alarming pollution levels, the Commission for Air Quality Management (CAQM) implemented Phase IV of the Graded Response Action Plan (GRAP) in Delhi-NCR from November 18. Phase IV of GRAP includes restrictions such as a ban on entry of trucks and suspension of public works projects.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/oppo-find-x8-and-find-x8-pro-launched-in-india-starting-at-69999/articleshow/115521010.cms\" target=\"_blank\"\u003eOppo Find X8 and Find X8 Pro launched in India starting at ₹69,999\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"A thick layer of smog engulfed the national capital on Friday while the air quality index in Delhi remained in the 'very poor' category, according to the Central Pollution Control Board (CPCB).","updatedTime":1732247443749,"insertedTime":1732247325000,"img_Path":"/thumb/msid-115550204,width-640,resizemode-4,imgsize-25326/smog-blankets-delhi-air-quality-remains-very-poor.jpg","url":"india/news/smog-blankets-delhi-air-quality-remains-very-poor/articleshow/115550204.cms","slug":"india/news/smog-blankets-delhi-air-quality-remains-very-poor","category":"India","article_type":"indian"},{"title":"India's GDP growth to pick up in third quarter compared to first half of FY25: ICRA report","msid":115525249,"readingTime":1,"authorDetail":[],"body":"India's economy is projected to grow at a faster pace in the third quarter of the current financial year (October-December 2024) compared to the first half (April-September 2024), according to a report by ICRA.\u003cbr /\u003e\u003cbr /\u003eThe report stated that this optimism is based on improving economic indicators and robust activity levels in various sectors. The report added that the preliminary data for November 2024 indicates a positive trend. The growth in electricity demand has picked up due to a favorable base effect, while festive season demand continues to drive an increase in vehicle registrations.\u003cbr /\u003e\u003cbr /\u003eIt said, \"These trends reinforce ICRA's expectations of a pick-up in GDP growth in Q3 FY2025 as compared to H1 FY2025\".\u003cbr /\u003e\u003cbr /\u003eAs per the report, several indicators related to mobility and transportation have shown significant improvement. Vehicle registrations surged to 32.4% year-on-year in October 2024, a sharp recovery from a contraction of 8.7% in September 2024. This increase was fueled by strong demand for two-wheelers and passenger vehicles. Petrol consumption rose to 8.7% from 3.0% in September, and domestic air passenger traffic increased to 9.6% from 6.4%.\u003cbr /\u003e\u003cbr /\u003eAdditionally, two-wheeler production grew by 13.4%, rail freight improved to 1.5% from a decline of 0.7%, and diesel consumption recorded marginal growth of 0.1% after a contraction of 1.9% in September.\u003cbr /\u003e\u003cbr /\u003eThe report also added that the country's non-oil exports also posted a strong performance, growing by 25.6% in October 2024 compared to 6.8% in September. Key contributors to this growth include electronic goods, engineering goods, chemicals, and ready-made garments.\u003cbr /\u003e\u003cbr /\u003eThe ICRA's Business Activity Monitor, a composite indicator of economic activity, showed year-on-year growth of 10.1% in October 2024, the highest in eight months. This is an improvement from the 6.6% growth recorded in September 2024, despite challenges from a high base effect.\u003cbr /\u003e\u003cbr /\u003eThe upbeat trends across various sectors reflect India's economic resilience and reinforce expectations of stronger GDP growth in the coming months. \u003cbr /\u003e\u003cbr /\u003e","synopsis":"India's economy is expected to grow at a faster rate in the third quarter of this financial year. This growth will be driven by improving economic indicators and strong activity in various sectors. Preliminary data for November shows a positive trend. Vehicle registrations, petrol consumption, and air passenger traffic have all increased. Non-oil exports also performed well.","updatedTime":1732192393236,"insertedTime":1732182314000,"img_Path":"/thumb/msid-115525249,width-640,resizemode-4,imgsize-14232/indias-gdp-growth-to-pick-up-in-third-quarter-compared-to-first-half-of-fy25-icra-report.jpg","url":"india/news/indias-gdp-growth-to-pick-up-in-third-quarter-compared-to-first-half-of-fy25-icra-report/articleshow/115525249.cms","slug":"india/news/indias-gdp-growth-to-pick-up-in-third-quarter-compared-to-first-half-of-fy25-icra-report","category":"India","article_type":"indian"},{"title":"Delhi's AQI improves but remains 'very poor', season's lowest temperature recorded","msid":115514806,"readingTime":1,"authorDetail":[],"body":"After a week of \"severe\" pollution levels in Delhi, the city's air quality improved slightly but still remained \"very poor\", as it recorded the season's lowest temperature on Thursday morning. Delhi recorded a minimum temperature of 10.2 degree Celsius, 2.1 notch below the season's average, the India Meteorological Department said. \u003cbr /\u003e\u003cbr /\u003e At 9 am, the national capital recorded an AQI of 376, according to the Central Pollution Control Board (CPCB). The weather department has predicted shallow fog during the day. \u003cbr /\u003e\u003cbr /\u003e On Sunday, Delhi's air quality was recorded in the severe category, prompting authorities to impose the GRAP-IV measures. On Monday and Tuesday, it worsened further, reaching the severe plus category, with the AQI exceeding 450. \u003cbr /\u003e\u003cbr /\u003e By Wednesday, the AQI showed slight improvement but remained in the severe category. \u003cbr /\u003e\u003cbr /\u003e An AQI between zero and 50 is considered \"good\", 51 and 100 \"satisfactory\", 101 and 200 \"moderate\", 201 and 300 \"poor\", 301 and 400 \"very poor\", and 401 and 500 \"severe\". \u003cbr /\u003e\u003cbr /\u003e The IMD said the city's maximum temperature is likely to settle around 27 degrees Celsius. The humidity at 8.30 am was 80 per cent.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/redmi-a4-5g-with-120hz-display-launched-starting-at-8499/articleshow/115479469.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/redmi-a4-5g-with-120hz-display-launched-starting-at-8499/articleshow/115479469.cms\" target=\"_blank\"\u003eRedmi A4 5G with 120Hz display launched starting at ₹8,499\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\" target=\"_blank\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\" target=\"_blank\"\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"After a week of \"severe\" pollution levels in Delhi, the city's air quality improved slightly but still remained \"very poor\", as it recorded the season's lowest temperature on Thursday morning. Delhi recorded a minimum temperature of 10.2 degree Celsius, 2.1 notch below the season's average, the India Meteorological Department said.","updatedTime":1732165738156,"insertedTime":1732165589000,"img_Path":"/thumb/msid-115514806,width-640,resizemode-4,imgsize-8946/delhis-aqi-improves-but-remains-very-poor-seasons-lowest-temperature-recorded.jpg","url":"india/news/delhis-aqi-improves-but-remains-very-poor-seasons-lowest-temperature-recorded/articleshow/115514806.cms","slug":"india/news/delhis-aqi-improves-but-remains-very-poor-seasons-lowest-temperature-recorded","category":"India","article_type":"indian"},{"title":"Gautam Adani charged by the US SEC in an alleged bribery scheme","msid":115513824,"readingTime":2,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"\u003cul\u003e\u003cli\u003eGautam Adani has been charged by the US SEC with allegedly defrauding American investors.\u003c/li\u003e\u003cli\u003eAdani and his nephew Sagar Adani were charged with conspiracy to commit securities and wire fraud.\u003c/li\u003e\u003cli\u003eAdani and seven other executives are accused of bribing Indian government officials to secure lucrative contracts.\u003c/li\u003e\u003c/ul\u003eThe US Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials.\u003cbr /\u003e\u003cbr /\u003eAdani, 62, his nephew Sagar Adani, 30, executives of Adani Green Energy Ltd, and Cyril Cabanes, an executive of Azure Power Global Ltd were charged on Wednesday with conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their roles in a multi-billion-dollar scheme to obtain funds from US investors and global financial institutions through false and misleading statements.\u003cbr /\u003e\u003cbr /\u003eThe SEC alleged that the bribery scheme was orchestrated to enable renewable energy companies Adani Green and Azure Power to capitalise on a multi-billion-dollar solar energy project awarded by the Indian government.\u003cbr /\u003e\u003cbr /\u003eThe complaint charges them with violating the antifraud provisions of the federal securities laws and seeks permanent injunctions, civil penalties, and officer and director bars.\u003cbr /\u003e\u003cbr /\u003eDuring the alleged scheme, Adani Green raised more than USD 175 million from US investors and Azure Power's stock was traded on the New York Stock Exchange, the SEC said in a statement.\u003cbr /\u003e\u003cbr /\u003eSimultaneously, the US Attorney's Office for the Eastern District of New York unsealed criminal charges against Adani and Sagar Adani, Cabanes, and others linked to Adani Green and Azure Power.\u003cbr /\u003e\u003cbr /\u003eThe federal indictment unsealed in a federal court in Brooklyn charges five others with conspiracy to violate the Foreign Corrupt Practices Act in connection with the bribery scheme, involving one of the world's largest solar energy projects.\u003cbr /\u003e\u003cbr /\u003eFederal prosecutors claim that between 2020 and 2024, Adani and his associates paid over USD 250 million in bribes to obtain solar energy contracts worth more than USD 2 billion in projected profits after tax over an approximately 20-year period.\u003cbr /\u003e\u003cbr /\u003eAdani and seven other executives are accused of bribing Indian government officials to secure lucrative contracts and defrauding investors by making false statements about bribery and corruption.\u003cbr /\u003e\u003cbr /\u003eThey also allegedly tried to obstruct investigations, according to FBI Assistant Director James Dennehy.\u003cbr /\u003e\u003cbr /\u003e\"This indictment alleges schemes to pay over USD 250 million in bribes to Indian government officials, to lie to investors and banks to raise billions of dollars, and to obstruct justice,\" stated Deputy Assistant Attorney General Lisa H Miller.\u003cbr /\u003e\u003cbr /\u003e\"These offences were allegedly committed by senior executives and directors to obtain and finance massive state energy supply contracts through corruption and fraud at the expense of US investors,\" she added. \u003cbr /\u003e\u003cbr /\u003eThe Department of Justice alleged that on several occasions, Adani personally met with an Indian government official to advance the bribery scheme, and the defendants held in-person meetings with each other to discuss aspects of its execution.\u003cbr /\u003e\u003cbr /\u003e\"The defendants frequently discussed their efforts in furtherance of the Bribery Scheme, including through an electronic messaging application,\" it alleged.\u003cbr /\u003e\u003cbr /\u003e\u003cem\u003eWith inputs from PTI.\u003c/em\u003e\u003cbr /\u003e\u003cstrong\u003e\u003cbr /\u003eSEE ALSO:\u003cbr /\u003e\u003cbr /\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/redmi-a4-5g-with-120hz-display-launched-starting-at-8499/articleshow/115479469.cms\"\u003eRedmi A4 5G with 120Hz display launched starting at ₹8,499\u003c/a\u003e\u003cbr /\u003e\u003cbr /\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/android-16-developer-preview-announced-new-features-timeline-and-everything-you-need-to-know/articleshow/115476441.cms\"\u003eAndroid 16 Developer Preview announced – new features, timeline and everything you need to know\u003c/a\u003e\u003cbr /\u003e\u003cbr /\u003e\u003c/strong\u003e\u003ca href=\"https://www.businessinsider.in/tech/news/indian-wearables-market-declines-20-7-in-q3-2024-smartwatch-and-earwear-categories-struggle/articleshow/115447720.cms\"\u003e\u003cstrong\u003eIndian wearables market declines 20.7% in Q3 2024, smartwatch and earwear categories struggle\u003c/strong\u003e\u003c/a\u003e\u003cbr /\u003e","synopsis":"The US Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials. Adani, 62, his nephew Sagar Adani, 30, executives of Adani Green Energy Ltd, and Cyril Cabanes, an executive of Azure Power Global Ltd were charged on Wednesday with conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their roles in a multi-billion-dollar scheme to obtain funds from US investors and global financial institutions through false and misleading statements.","updatedTime":1732164016109,"insertedTime":1732163904000,"img_Path":"/thumb/msid-115513824,width-640,resizemode-4,imgsize-55016/gautam-adani-charged-by-the-us-sec-charges-in-an-alleged-bribery-scheme.jpg","url":"india/news/gautam-adani-charged-by-the-us-sec-charges-in-an-alleged-bribery-scheme/articleshow/115513824.cms","slug":"india/news/gautam-adani-charged-by-the-us-sec-charges-in-an-alleged-bribery-scheme","category":"India","article_type":"indian"},{"title":"RBI Governor Das, industry leaders and film stars cast votes in Maharashtra Assembly Polls","msid":115483517,"readingTime":1,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"Reserve Bank Governor Shaktikanta Das and leading captains of industry cast their votes in the financial capital for the Maharashtra Assembly elections on Wednesday. Das exercised his franchise with his wife at a booth near his official residence in south Mumbai and complimented the election officials for the arrangements they had made. \u003cbr /\u003e\u003cbr /\u003e Former chairman of HDFC, Deepak Parekh, also voted at a booth in a south Mumbai neighbourhood and appealed to everybody to vote, pointing to his swift experience at the booth. \u003cbr /\u003e\u003cbr /\u003e Amid concerns about low turnouts repeatedly in the financial capital, the outspoken financial services industry veteran questioned the reasons for the reluctance to participate in the process despite incentives like a public holiday being thrown in. Keki Mistry, Parekh's long-time colleague who retired as the vice chairman and chief executive of HDFC, also exercised his franchise at another booth nearby. \u003cbr /\u003e\u003cbr /\u003e Tata Sons chairman N Chandrasekaran also cast his vote in south Mumbai and called voting a privilege that everybody should exercise. Industrialist Ajay Piramal also voted along with his wife Swati near his residence in the financial capital. After stepping out, Piramal also urged all the voters to come out and exercise their franchise. \u003cbr /\u003e\u003cbr /\u003e Swati Piramal, an author, said the new government needs to focus on children, women's issues, and health. \u003cbr /\u003e\u003cbr /\u003e Textile and realty major Raymond's Gautam Singhania and construction-focused HCC's Ajit Gulabchand were also among the other notable captains of the industry who had voted till about 3 pm.\u003cbr /\u003e\u003cbr /\u003eNot just industry stalwarts, but even Bollywood stars also came out to cast their votes during the day. Actors Shradha Kapoor, Padmini Kolhapure, Tusshar Kapoor, Prem Chopra, Sonu Sood, Akshay Kumar, Rajkumar Rao, and Genelia Deshmukh exercised their right to vote. Cricketer Surya Kumar Yadav also cast his vote.","synopsis":"RBI Governor Shaktikanta Das voted in the Maharashtra Assembly elections. Industry leaders like Deepak Parekh and N Chandrasekaran also voted. They encouraged everyone to participate in the democratic process. Bollywood actors and cricketer Surya Kumar Yadav also cast their votes.","updatedTime":1732098917412,"insertedTime":1732097649000,"img_Path":"/thumb/msid-115483517,width-640,resizemode-4,imgsize-34458/rbi-governor-das-industry-leaders-and-film-stars-cast-votes-in-maharashtra-assembly-polls.jpg","url":"india/news/rbi-governor-das-industry-leaders-and-film-stars-cast-votes-in-maharashtra-assembly-polls/articleshow/115483517.cms","slug":"india/news/rbi-governor-das-industry-leaders-and-film-stars-cast-votes-in-maharashtra-assembly-polls","category":"India","article_type":"indian"},{"title":"India's insurance sector AUM is projected to grow to $11 trillion by 2047 from $0.7 trillion now, says BCG Report","msid":115483357,"readingTime":1,"authorDetail":[],"body":"India's insurance sector is set to witness remarkable growth, with its Assets Under Management (AUM) projected to surge to $11 trillion by 2047 from $0.7 trillion in 2023, according to a report by Boston Consulting Group (BCG) and India InsurTech Association (IIA). \u003cbr /\u003e\u003cbr /\u003eThis expansion aligns with India's broader economic goals, including achieving \"Health for All\" by 2047, as the country's GDP is expected to reach $ 30 trillion by then.\u003cbr /\u003e\u003cbr /\u003eThe report also highlighted that India's financial assets are also anticipated to grow significantly, climbing to $120 trillion by 2047 from the current $6.4 trillion. However, despite the promising outlook, insurance penetration in the country remains low, particularly in the health and non-life insurance segments.\u003cbr /\u003e\u003cbr /\u003eAs per the data in the report, India's health insurance penetration is just 0.31%, far below the levels seen in countries like the United States (5.26%) and China (0.77%). Non-life insurance penetration in India stands at 1%, compared to 1.8% in China and 9.3% in the US.\u003cbr /\u003e\u003cbr /\u003eOn the other hand, life insurance penetration in India is relatively strong at 2.8%. However, it still falls short of the global average of 2.9%. \u003cbr /\u003e\u003cbr /\u003eThe report stressed the need to increase insurance coverage, particularly in health insurance, where 45% of medical expenses are still borne out-of-pocket by individuals.\u003cbr /\u003e\u003cbr /\u003eMultiple macroeconomic tailwinds are already driving growth in the industry. The goal is to achieve 100% coverage for all citizens and reduce out-of-pocket medical expenses to less than 10%. India envisions becoming the world's third-largest insurance market, with over 10 companies in the global top 50 and more than 100 insurtechs operating at scale.\u003cbr /\u003e\u003cbr /\u003eIt said, \"Driving penetration is a key focus area; Health insurance is most underpenetrated, with 45%+ medical spends still out of pocket.\"\u003cbr /\u003e\u003cbr /\u003eThe report highlights that while India has made significant strides in improving insurance penetration, there is considerable scope for growth, especially in the health and non-life insurance segments. \u003cbr /\u003e\u003cbr /\u003eAchieving these goals will be crucial for securing the financial health and well-being of the country's population in the coming decades.\u003cbr /\u003e\u003cbr /\u003e","synopsis":"India's insurance market is poised for substantial growth, with assets projected to reach $11 trillion by 2047. However, insurance penetration, particularly in health and non-life segments, remains low. The report emphasizes the need to expand coverage, aiming for 100% insurance penetration and reduced out-of-pocket medical expenses.","updatedTime":1732099399252,"insertedTime":1732097461000,"img_Path":"/thumb/msid-115483357,width-640,resizemode-4,imgsize-16980/indias-insurance-sector-aum-is-projected-to-grow-to-11-trillion-by-2047-from-0-7-trillion-now-says-bcg-report.jpg","url":"india/news/indias-insurance-sector-aum-is-projected-to-grow-to-11-trillion-by-2047-from-0-7-trillion-now-says-bcg-report/articleshow/115483357.cms","slug":"india/news/indias-insurance-sector-aum-is-projected-to-grow-to-11-trillion-by-2047-from-0-7-trillion-now-says-bcg-report","category":"India","article_type":"indian"},{"title":"NCR leads with 56% surge in average ticket size of homes in H1 FY2025, highlights ANAROCK report","msid":115477331,"readingTime":2,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"The National Capital Region (NCR) leads the country in terms of residential real estate growth, registering an impressive 56% rise in the average ticket size of homes sold, according to the latest ANAROCK report. In HIFY24, the average ticket of homes sold across the top 7 cities in the country stood at Rs 1 crore, which slightly inched up to Rs 1.23 crore in the first half of this financial year. \u003cbr /\u003e\u003cbr /\u003e The shift towards luxury real estate is evident, with a jump in the average ticket size from Rs 93 lakh in the first half of FY24 to Rs 1.45 crore in the first half of FY25. In the first half of this financial year, around 32,120 units worth Rs 46,611 crore were sold, as compared to 32,315 units worth Rs 30,154 crore that were sold in the first half of FY2024.\u003cbr /\u003e\u003cbr /\u003e Despite a 1% dip in the total number of units sold, the overall value of the sold inventory surged by a massive 55%. Across India's top seven cities, the real estate market witnessed sales of approximately 2,27,400 units worth Rs 2,79,309 crore during FY2025. This marked a slight 3% decline in unit sales compared to 2,35,200 units worth Rs 2,35,800 crore in H1 FY2024. \u003cbr /\u003e\u003cbr /\u003eThe Mumbai Metropolitan Region (MMR) retained its leadership in overall sales value but saw no change in its average ticket size, which remained steady at Rs 1.47 crore. MMR registered a marginal increase in unit sales to 77,735 in H1 FY2025, with a total sales value of Rs 1,14,529 crore, up from Rs 1,12,356 crore in H1 FY2024.\u003cbr /\u003e\u003cbr /\u003eBengaluru saw the second-highest growth in average ticket size among the top seven cities, rising 44% from Rs 84 lakh in FY2024 to Rs 1.21 crore in FY2025. The city recorded stable unit sales at 31,381, while the total value of these sales rose significantly to Rs 37,863 crore.\u003cbr /\u003e\u003cbr /\u003eIn Hyderabad, the average ticket size grew by 37%, reaching Rs 1.15 crore in H1 FY2025 from RS 84 lakh in H1 FY2024. Despite a 7% decline in unit sales to 27,820, the city's total sales value increased to Rs 31,993 crore. \u003cbr /\u003e\u003cbr /\u003eChennai also experienced significant growth in average ticket size, which rose by 31% to Rs 95 lakh in FY2025. While unit sales dropped to 9,531, the total value of these sales climbed to Rs 9,015 crore, highlighting the impact of the shift towards premium homes.\u003cbr /\u003e\u003cbr /\u003eIn Pune, the average ticket size increased by 29% to Rs 85 lakh. The city witnessed sales of 40,190 units worth Rs 34,033 crore in H1 FY2025, compared to Rs 28,590 crore for 43,560 units in H1 FY2024.\u003cbr /\u003e\u003cbr /\u003eKolkata also saw a relatively modest 16% increase in its average ticket size, which rose to Rs 61 lakh in H1 FY2025. However, both unit sales and sales value declined, with the city recording Rs 5,265 crore in H1 FY2025 compared to Rs 5,851 crore in H1 FY2024. \u003cbr /\u003e\u003cbr /\u003e","synopsis":"India's top seven cities witnessed a surge in residential real estate value, driven by a shift towards luxury homes. The NCR led the pack with a 56% rise in average ticket size, while Bengaluru and Hyderabad also saw significant increases. Despite a slight dip in unit sales, the overall market value soared.","updatedTime":1732091773732,"insertedTime":1732088021000,"img_Path":"/thumb/msid-115477331,width-640,resizemode-4,imgsize-38910/ncr-leads-with-56-surge-in-average-ticket-size-of-homes-in-h1-fy2025-highlights-anarock-report.jpg","url":"india/news/ncr-leads-with-56-surge-in-average-ticket-size-of-homes-in-h1-fy2025-highlights-anarock-report/articleshow/115477331.cms","slug":"india/news/ncr-leads-with-56-surge-in-average-ticket-size-of-homes-in-h1-fy2025-highlights-anarock-report","category":"India","article_type":"indian"},{"title":"Delhi's air quality worsens, 50% government employees turn to work-from-home","msid":115475203,"readingTime":2,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"Delhi’s escalating pollution crisis has forced the government to implement work-from-home measures for half of its employees in an effort to reduce emissions, an ANI report says. Environment Minister Gopal Rai announced the decision on Wednesday, citing the urgent need to address the alarming air quality levels in the national capital.\u003cbr /\u003e\u003cbr /\u003eThe move comes as the city’s Air Quality Index (AQI) plunged into the ‘severe’ category, recording a grim 424 on the pollution scale early Wednesday. This level far exceeds the World Health Organization’s safe threshold of 15 mg/m³ for PM2.5 exposure, leaving Delhi shrouded in a thick blanket of smog that has reduced visibility and posed significant health risks.\u003cbr /\u003e\u003cbr /\u003eSharing the decision on his X handle, Rai wrote, “To reduce pollution, Delhi government decided to work from home in government offices. 50 per cent employees will work from home.” He further announced a meeting with officials to finalise the implementation of this directive.\u003cbr /\u003e\u003cbr /\u003eThis is not the government’s first attempt to combat pollution during critical periods. Rai revealed that the Delhi government had previously explored cloud seeding as a measure to induce artificial rain, which could help disperse the smog. However, efforts to convene an emergency meeting with central agencies for cloud seeding had been delayed, despite requests made since August.\u003cbr /\u003e\u003cbr /\u003e“Until the smog layer is broken, pollution levels will remain critical. We’ve banned older vehicles, restricted diesel buses and trucks from entering Delhi, and staggered office timings,” Rai said. Schools for grades 10 and 12 have also been closed, and the government is weighing the possibility of reintroducing the odd-even vehicle rule.\u003cbr /\u003e\u003cbr /\u003eThe Commission for Air Quality Management (CAQM) has already activated the highest stage of the Graded Response Action Plan (GRAP). This includes a halt to public construction projects, bans on trucks entering the city, and other stringent restrictions.\u003cbr /\u003e\u003cbr /\u003eExperts, however, remain divided on the impact of these measures, with concerns that they may not be enough to bring immediate relief. Despite the restrictions, PM2.5 levels in Delhi remain alarmingly high, raising fears of prolonged health hazards for its residents.\u003cbr /\u003e\u003cbr /\u003eAs the crisis deepens, the Delhi government is seeking urgent collaboration with the central government and institutions like IIT Kanpur to deploy all possible measures, including cloud seeding. “We are continuously working on solutions within our reach, but we need coordinated action to make a significant difference,” Rai emphasized.\u003cbr /\u003e\u003cbr /\u003eFor now, Delhiites brace themselves for the smog while hoping these measures provide some respite from the choking air enveloping their city.\u003cbr /\u003e\u003cbr /\u003e(with ANI inputs)\u003cbr /\u003e\u003cbr /\u003e","synopsis":"Due to Delhi's severe air pollution, the government has implemented a work-from-home policy for half of its employees. The Air Quality Index reached a dangerous level of 424, prompting the closure of schools and restrictions on vehicle movement. While cloud seeding is being considered, its implementation is pending.","updatedTime":1732084913194,"insertedTime":1732084912000,"img_Path":"/thumb/msid-115475203,width-640,resizemode-4,imgsize-28660/delhis-air-quality-worsens-50-government-employees-turn-to-work-from-home.jpg","url":"india/news/delhis-air-quality-worsens-50-government-employees-turn-to-work-from-home/articleshow/115475203.cms","slug":"india/news/delhis-air-quality-worsens-50-government-employees-turn-to-work-from-home","category":"India","article_type":"indian"},{"title":"Maharashtra polls: First-time voters and youth seek more jobs, security for women","msid":115473153,"readingTime":1,"authorDetail":[],"body":"Nagpur: With the Maharashtra assembly polls underway on Wednesday, the young voters and first time electors in Nagpur appreciated the infrastructure development here, but raised concern over lack of job avenues and inflation. Some of them also raised the issue of women's security. \u003cbr /\u003e\u003cbr /\u003e A number of youth flocked the polling booths in Nagpur, located in the state's Vidarbha region, from early morning to exercise their democratic right. \u003cbr /\u003e\u003cbr /\u003eFirst-time voter Manswi Admane, an engineering student, carried a placard outside a polling booth with the message highlighting the need for women's safety. \u003cbr /\u003e\u003cbr /\u003eIshita Tiwari, another first-time voter and a working professional, was quite disturbed when her name did not figure in the electoral rolls before the Lok Sabha elections held in May this year. \u003cbr /\u003e\u003cbr /\u003eBut this time before the assembly polls, her joy knew no bounds when she received her voting card. \u003cbr /\u003e\u003cbr /\u003eTiwari, who left for work after casting vote, said it was a good experience to exercise her franchise for the first time and she was very happy about it. \u003cbr /\u003e\u003cbr /\u003eManzari Pinjarkar, an MBA student who voted in Nagpur, appreciated the present government's welfare schemes, but raised concern over layoffs in jobs and inflation. \u003cbr /\u003e\u003cbr /\u003ePinjarkar said the government should work to address these problems. \u003cbr /\u003e\u003cbr /\u003eShe also said everyone should vote as it their duty and responsibility. \u003cbr /\u003e\u003cbr /\u003eVedant, a management course student who was one of the early voters, said he took time out of his exam preparation and came to exercise his democratic right. \u003cbr /\u003e\u003cbr /\u003eThe student said that while voting, he kept in mind the development work done in the city as well as the image of candidates in his constituency.","synopsis":"Young voters in Nagpur showed up in large numbers for the Maharashtra assembly polls. While they were happy with infrastructure improvements, they expressed concerns over job opportunities, inflation, and women's safety. First-time voters were especially excited to cast their votes and shared their hopes for the new government.","updatedTime":1732084171487,"insertedTime":1732081110000,"img_Path":"/thumb/msid-115473153,width-640,resizemode-4,imgsize-465712/maharashtra-polls-first-time-voters-and-youth-seek-more-jobs-security-for-women.jpg","url":"india/news/maharashtra-polls-first-time-voters-and-youth-seek-more-jobs-security-for-women/articleshow/115473153.cms","slug":"india/news/maharashtra-polls-first-time-voters-and-youth-seek-more-jobs-security-for-women","category":"India","article_type":"indian"},{"title":"Sonu Sood urges citizens to vote: \"It's very important for the country\"","msid":115472898,"readingTime":2,"authorDetail":[],"body":"Mumbai: Maharashtra Assembly Elections 2024 commenced on Wednesday morning, with polling beginning at 7 am and set to conclude at 6 pm.\u003cbr /\u003e\u003cbr /\u003eThis election, taking place across 288 constituencies, has seen an overwhelming number of candidates vying for a seat, with 4,136 individuals contesting, including 2,086 independents.\u003cbr /\u003e\u003cbr /\u003eSeveral celebrities from the film fraternity, including actors Sonu Sood, Akshay Kumar, Rajkummar Rao, Gautami Kapoor, and Ali Fazal, cast their votes early in the day and urged citizens to participate in this crucial democratic process. \u003cbr /\u003e\u003cbr /\u003eActor Sonu Sood interacted with the media, emphasizing the importance of voting as a civic duty.\u003cbr /\u003e\u003cbr /\u003e\"Vote, it's very important for the country. It's the responsibility of every citizen to go and vote. Don't make it a holiday, just go and vote,\" he said.\u003cbr /\u003e\u003cbr /\u003eSimilarly, actor Gautami Kapoor shared her thoughts after voting, telling ANI, \"I feel great. I think casting a vote is amazing. You feel liberated, and I think it is very important for every citizen to vote because every vote makes a huge difference. So, please vote... It's very important, we can change the country.\" \u003cbr /\u003e\u003cbr /\u003eAli Fazal, another actor who cast his vote early on, also showed his inked finger, symbolizing his participation in the democratic process.\u003cbr /\u003e\u003cbr /\u003eFilmmaker Kabir Khan, Zoya Akhtar and actor Farhan Khan also cast their vote for the Maharashtra Assembly Elections 2024.\u003cbr /\u003e\u003cbr /\u003eThis year's elections are being closely watched as Maharashtra is home to a diverse political landscape. With 4,136 candidates in the running, including 2,086 independents, voters face a wide array of choices.\u003cbr /\u003e\u003cbr /\u003eMajor political parties like the BJP, Shiv Sena, Congress, and NCP have fielded candidates, while the BSP and other smaller parties are also contending for seats. \u003cbr /\u003e\u003cbr /\u003eThe BJP is contesting 149 seats, Shiv Sena 81, and the Nationalist Congress Party (NCP) 59. The Congress has fielded 101 candidates, while the Shiv Sena (UBT) has 95 candidates in the race, and the Sharad Pawar faction of NCP is contesting 86 seats.\u003cbr /\u003e\u003cbr /\u003eThe state has a registered voter base of approximately 9.7 crore, making voter turnout a key factor in determining the results.\u003cbr /\u003e\u003cbr /\u003eIn light of the high-profile elections, elaborate security measures have been put in place to ensure the safety of voters and the smooth conduct of the polls.\u003cbr /\u003e\u003cbr /\u003eMumbai Police, in particular, has mobilized over 25,000 personnel, including riot-control teams and home guards, to maintain law and order.\u003cbr /\u003e\u003cbr /\u003eThe Brihanmumbai Police Commissionerate confirmed that more than 2,000 police officers and additional personnel are on duty during the elections to safeguard the process.\u003cbr /\u003e\u003cbr /\u003eThe battle for power in Maharashtra remains fiercely contested, with shifting alliances and complex political dynamics at play. The primary contest is between the ruling BJP-led Mahayuti alliance and the opposition Congress-led Maha Vikas Aghadi (MVA). The BJP-led Mahayuti coalition consists of the BJP, Shiv Sena, and the NCP (Ajit Pawar faction), while the opposition MVA includes Congress, Shiv Sena (UBT), and the NCP (Sharad Pawar faction). \u003cbr /\u003e\u003cbr /\u003eIn the 2019 Maharashtra Assembly elections, the BJP won 105 seats, while Shiv Sena secured 56, and the Congress won 44 seats. In the 2014 elections, the BJP had a stronger showing with 122 seats, while Shiv Sena claimed 63, and Congress secured 42. \u003cbr /\u003e\u003cbr /\u003e","synopsis":"The much-awaited Maharashtra Assembly Elections 2024 commenced on Wednesday morning, with polling beginning at 7 am and set to conclude at 6 pm.","updatedTime":1732080603674,"insertedTime":1732080532000,"img_Path":"/thumb/msid-115472898,width-640,resizemode-4,imgsize-16792/sonu-sood-urges-citizens-to-vote-its-very-important-for-the-country.jpg","url":"india/news/sonu-sood-urges-citizens-to-vote-its-very-important-for-the-country/articleshow/115472898.cms","slug":"india/news/sonu-sood-urges-citizens-to-vote-its-very-important-for-the-country","category":"India","article_type":"indian"},{"title":"Maharashtra assembly elections: Mumbai District Collector Sanjay Yadav casts vote, urges citizens to participate in polling","msid":115472113,"readingTime":1,"authorDetail":[],"body":"Mumbai: Mumbai District Collector Sanjay Yadav on Wednesday cast his vote for the Maharashtra assembly polls. \u003cbr /\u003e\u003cbr /\u003eSpeaking to ANI, Sanjay Yadav urged the residents of Mumbai to cast their vote. \u003cbr /\u003e\u003cbr /\u003e\"Today is a very important day for all of us. I have just cast my vote, and I request all Mumbaikars, all voters of Maharashtra, to do the same... We have tried our best to provide all facilities for smooth and peaceful voting,\" he said. \u003cbr /\u003e\u003cbr /\u003eBrihanmumbai Municipal Corporation (BMC) Commissioner and District Election Officer Bhushan Gagrsaid that all arrangements have been made for the polling day.\u003cbr /\u003e\u003cbr /\u003e\"I would like to give people the same message that we have given so far: all arrangements have been made. Voters will get all kinds of facilities; there will be queue management, seating arrangements, drinking water, wheelchairs... We have made wide-scale arrangements for this... Voters of Mumbai should come out to vote in large numbers... There is no reason for voters to not come to voting centers and vote.\" Bhushan Gagrani told ANI\u003cbr /\u003e\u003cbr /\u003eVoting began at 7 am on Wednesday for the single phase of the Maharashtra assembly elections and will conclude at 6 pm. Polling is taking place across 288 assembly constituencies.\u003cbr /\u003e\u003cbr /\u003eA total of 4,136 candidates are contesting the elections, including 2,086 independents. The BJP is contesting 149 seats, Shiv Sena 81, and the NCP 59. The Congress has fielded 101 candidates, Shiv Sena (UBT) 95, and NCP (Sharad Pawar faction) 86. The BSP is contesting 237 seats, while other smaller parties are also in the fray. The state has approximately 9.7 crore registered voters.\u003cbr /\u003e\u003cbr /\u003eShifting alliances, ideological conflicts, complex caste dynamics, and emotional appeals have characterized the battle for power in the Maharashtra Assembly. The primary contest is between the BJP-led Mahayuti alliance and the Congress-led Maha Vikas Aghadi (MVA).\u003cbr /\u003e\u003cbr /\u003eIn the 2019 Maharashtra assembly elections, the BJP won 105 seats, Shiv Sena secured 56, and the Congress won 44. In 2014, the BJP claimed 122 seats, Shiv Sena 63, and the Congress 42. \u003cbr /\u003e\u003cbr /\u003e","synopsis":"Mumbai District Collector Sanjay Yadav on Wednesday cast his vote for the Maharashtra assembly polls.","updatedTime":1732079571031,"insertedTime":1732078678000,"img_Path":"/thumb/msid-115472113,width-640,resizemode-4,imgsize-9922/maharashtra-assembly-elections-mumbai-district-collector-sanjay-yadav-casts-vote-urges-citizens-to-participate-in-polling.jpg","url":"india/news/maharashtra-assembly-elections-mumbai-district-collector-sanjay-yadav-casts-vote-urges-citizens-to-participate-in-polling/articleshow/115472113.cms","slug":"india/news/maharashtra-assembly-elections-mumbai-district-collector-sanjay-yadav-casts-vote-urges-citizens-to-participate-in-polling","category":"India","article_type":"indian"},{"title":"After season's coldest night, Delhi wakes up to another day with toxic air","msid":115471762,"readingTime":2,"authorDetail":[],"body":"New Delhi: Delhi witnessed yet another dawn with a blanket of toxic air on Wednesday, as the capital recorded an Air Quality Index (AQI) of 426 in the \"severe\" category, which followed the coldest night of the season in the city so far. The city's minimum temperature dropped to 11.1 degrees Celsius Tuesday night, according to the India Meteorological Department (IMD). \u003cbr /\u003e\u003cbr /\u003e The drop in temperature combined with dense fog has blanketed the city, reducing visibility to 500 metres as of 8.30 am. The IMD has forecast dense fog to persist throughout the day. \u003cbr /\u003e\u003cbr /\u003e Humidity levels stood at 84 per cent in the morning. The maximum temperature for the day is expected to settle at 25 degrees Celsius. \u003cbr /\u003e\u003cbr /\u003e Delhi had an AQI reading of 426 at 9 am on Wednesday, according to the Central Pollution Control Board (CPCB). \u003cbr /\u003e\u003cbr /\u003e An AQI of 400 or higher is classified as \"severe,\" posing health risks to healthy individuals and those with pre-existing medical conditions. \u003cbr /\u003e\u003cbr /\u003e All but one of the 38 monitoring stations in the national capital were in the red zone. The Lodhi Road station was not in the red zone recording an AQI in the \"very poor\" category. \u003cbr /\u003e\u003cbr /\u003e Delhi's air quality first breached the \"severe plus\" category on Sunday, leading to the implementation of Stage IV restrictions under the Graded Response Action Plan (GRAP) on Monday morning. \u003cbr /\u003e\u003cbr /\u003e These measures include a complete ban on construction and demolition activities and suspension of physical classes in schools. \u003cbr /\u003e\u003cbr /\u003e The Commission for Air Quality Management (CAQM) also implemented additional restrictions, including a ban on the operation of four-wheeler diesel light motor vehicles (LMVs) in Delhi and NCR districts bordering the capital, except for BS-VI vehicles and those used for essential or emergency services. \u003cbr /\u003e\u003cbr /\u003e Diesel-powered medium and heavy goods vehicles have also been barred from entering Delhi, except those transporting essential goods. Only electric and CNG trucks are permitted, with exceptions for essential services. \u003cbr /\u003e\u003cbr /\u003e First introduced in 2017, GRAP categorizes air quality into four stages based on severity: Stage 1 - \"poor\" (AQI 201-300), Stage 2 - \"very poor\" (AQI 301-400), Stage 3 - \"severe\" (AQI 401-450), and Stage 4 - \"severe plus\" (AQI above 450).","synopsis":"Delhi woke up to severely polluted air and dense fog, recording an AQI of 426, following the coldest night of the season at 11.1 degrees Celsius. Visibility was reduced to 500 meters due to the fog, and Stage IV GRAP restrictions, including construction bans and school closures, remain in effect.","updatedTime":1732078017664,"insertedTime":1732077890000,"img_Path":"/thumb/msid-115471762,width-640,resizemode-4,imgsize-12414/after-seasons-coldest-night-delhi-wakes-up-to-another-day-with-toxic-air.jpg","url":"india/news/after-seasons-coldest-night-delhi-wakes-up-to-another-day-with-toxic-air/articleshow/115471762.cms","slug":"india/news/after-seasons-coldest-night-delhi-wakes-up-to-another-day-with-toxic-air","category":"India","article_type":"indian"},{"title":"Toxic air in Delhi: Experts call for ending fossil fuel reliance; prioritising clean energy","msid":115439397,"readingTime":3,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"\u003cul\u003e\u003cli\u003eExperts have termed the ongoing pollution issue a \"public health emergency\".\u003c/li\u003e\u003cli\u003eThe capital's air quality index (AQI) has remained in the \"severe\" category for days.\u003c/li\u003e\u003cli\u003eStage IV of GRAP has been activated, but experts have dubbed it as a “temporary fix”.\u003c/li\u003e\u003c/ul\u003eWith Delhi's air quality once again on hazardous levels, health and climate experts have termed the situation a \"public health emergency\", while calling for phasing out of fossil fuels and adopting clean energy solutions.\u003cbr /\u003e\u003cbr /\u003eThe capital's air quality index (AQI) has remained in the \"severe\" category for days, with PM2.5 concentrations surging past 400 mg/m3 – far beyond the World Health Organization's (WHO) safe limit of 15 mg/m3 for 24-hour exposure.\u003cbr /\u003e\u003cbr /\u003eIn response, the Commission for Air Quality Management (CAQM) activated Stage-IV of the Graded Response Action Plan (GRAP), imposing restrictions like bans on truck entry and a halt to public construction projects.\u003cbr /\u003e\u003cbr /\u003eHowever, health experts argue that such measures are only temporary fixes for a problem that demands deeper, more systemic solutions.\u003cbr /\u003e\u003cbr /\u003eAarti Khosla, Director of Climate Trends, expressed the urgency of tackling air pollution with a multifaceted approach. She was speaking at a press conference in Baku on Health at the Heart of Climate Action: Urgent Call to End Fossil Fuel Reliance.\u003cbr /\u003e\u003cbr /\u003e\"Delhi's air quality index is close to 450 and, on average, has touched 1000 mg/m3 in some areas. The fact that there is no single source of pollution, but a combination of black carbon, ozone, and fumes from burning fossil fuels and farm fires, should push us to adopt multidisciplinary solutions. As temperatures drop in a La Nina year, poor wind circulation leaves pollutants hanging in the air. We need to be urgently responsive to the realities of climate change that the world is facing today,\" Khosla said.\u003cbr /\u003e\u003cbr /\u003eThe data is clear – air pollution in Delhi and across South Asia has dire health implications.\u003cbr /\u003e\u003cbr /\u003eProlonged exposure to high levels of PM2.5 -- particulate matter small enough to penetrate deep into the lungs and bloodstream -- is linked to severe health outcomes including heart disease, lung cancer, chronic obstructive pulmonary disease (COPD), and cognitive decline.\u003cbr /\u003e\u003cbr /\u003eAccording to the State of Global Air 2024, air pollution contributed to 8.1 million premature deaths worldwide in 2021, with 2.1 million occurring in India alone.\u003cbr /\u003e\u003cbr /\u003eSpeaking at the conference, Courtney Howard, Vice-Chair of the Global Climate and Health Alliance (GCHA), pointed out the staggering financial contradiction in global policies.\u003cbr /\u003e\u003cbr /\u003e\"We are giving $1 trillion in subsidies to giant multinational corporations who are making record profits, but we are told there isn't enough money for health care. We need to fund health and healthcare to preserve health for current and future generations,\" Howard said.\u003cbr /\u003e\u003cbr /\u003eThe issue of air pollution is not exclusive to Delhi.\u003cbr /\u003e\u003cbr /\u003eEnkhun Byambadorj, Co-Founder of Breathe Mongolia, presented an alarming perspective from his home country.\u003cbr /\u003e\u003cbr /\u003e\"We don't have a winter season, but an air pollution season now in Mongolia. A child living in a city versus a rural area has 40% lower lung function capacity due to air pollution. The narrative in support of fossil fuels focuses on economic growth as the only measure of success. We need to re-frame this narrative. The air we breathe is a choice we make as a society at the expense of our young children and the future of everyone,\" Byambadorj said.\u003cbr /\u003e\u003cbr /\u003eExperts have attributed the spike in air pollution levels in Delhi to a reduction in temperature that has led to atmospheric stability. This restricts the dispersion of pollutants. There has also been a surge in fire events over the past two days, contributing to a substantial rise in PM pollution.\u003cbr /\u003e\u003cbr /\u003eJemilah Mahmood, Executive Director of Sunway Centre for Planetary Health, Malaysia, highlighted the broader regional challenge and said \"Delhi's toxic air is a stark reminder that air pollution is not just an environmental issue--it's a public health emergency. Millions across South Asia and Southeast Asia are breathing poisoned air due to our dependence on fossil fuels. This isn't just damaging our lungs; it's fueling the planetary health crisis, undermining economies, and robbing us of quality years of life.\"\u003cbr /\u003e\u003cbr /\u003eArvind Kumar, a renowned chest surgeon and founder of Lung Care Foundation and Doctors for Clean Air \u0026amp; Climate Action, painted a stark picture of the toll that air pollution takes on human health.\u003cbr /\u003e\u003cbr /\u003e\"Polluted air is an invisible killer, infiltrating every breath we take and quietly wreaking havoc on our health. From triggering asthma attacks in children to fueling heart disease, lung cancer, and cognitive decline, emissions impact vulnerable communities the most. We need a concerted political effort to end this catastrophe, phase out fossil fuels, and prioritise clean energy. Without decisive action, we are sacrificing both our health and our future,\" Kumar said.\u003cbr /\u003e\u003cbr /\u003e\u003cem\u003eWith inputs from ANI.\u003c/em\u003e\u003cbr /\u003e\u003cbr /\u003e\u003cstrong\u003eSEE ALSO:\u003cbr /\u003e\u003cbr /\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/tata-to-buy-a-majority-stake-in-pegatrons-iphone-plant-in-india/articleshow/115414852.cms\"\u003eTata to buy a majority stake in Pegatron's iPhone plant in India\u003c/a\u003e\u003cbr /\u003e\u003cbr /\u003e\u003ca href=\"https://www.businessinsider.in/stock-market/webstories/ntpc-green-energy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115403791.cms\"\u003eNTPC Green Energy IPO – GMP, risk factors and all you need to know\u003c/a\u003e\u003cbr /\u003e\u003cbr /\u003e\u003ca href=\"https://www.businessinsider.in/entertainment/news/jiostar-announces-plans-starting-at-15-heres-everything-you-need-to-know/articleshow/115326701.cms\"\u003eJioStar announces plans starting at ₹15 – here’s everything you need to know\u003c/a\u003e\u003c/strong\u003e\u003cbr /\u003e","synopsis":"With Delhi's air quality once again on hazardous levels, health and climate experts have termed the situation a \"public health emergency\", while calling for phasing out of fossil fuels and adopting clean energy solutions. The capital's air quality index (AQI) has remained in the \"severe\" category for days, with PM2.5 concentrations surging past 400 mg/m3 – far beyond the World Health Organization's (WHO) safe limit of 15 mg/m3 for 24-hour exposure.","updatedTime":1731996190554,"insertedTime":1731995774000,"img_Path":"/thumb/msid-115439397,width-640,resizemode-4,imgsize-8946/toxic-air-in-delhi-experts-call-for-ending-fossil-fuel-reliance-prioritising-clean-energy.jpg","url":"india/news/toxic-air-in-delhi-experts-call-for-ending-fossil-fuel-reliance-prioritising-clean-energy/articleshow/115439397.cms","slug":"india/news/toxic-air-in-delhi-experts-call-for-ending-fossil-fuel-reliance-prioritising-clean-energy","category":"India","article_type":"indian"},{"title":"Amid worsening air quality and GRAP-4, central government employee body seeks work-from-home","msid":115417242,"readingTime":2,"authorDetail":[{"author_name":"BI India Bureau","author_id":479235879}],"body":"Highlighting the alarming deterioration in Delhi's air quality, a body representing the Central Secretariat Service (CSS) officers on Monday demanded work-from-home, staggered working hours, and air purifiers in all office buildings to mitigate the health impact of the severe pollution levels. \u003cbr /\u003e\u003cbr /\u003eIn a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort. \u003cbr /\u003e\u003cbr /\u003e\"It has become imperative to take urgent measures to ensure the well-being of all, particularly those engaged in government services,\" said the letter by the CSS Forum. \u003cbr /\u003e\u003cbr /\u003eIt said continuous exposure to hazardous air quality is leading to a surge in respiratory ailments and other health issues among employees and their families. \u003cbr /\u003e\u003cbr /\u003e\"The discomfort caused by poor air quality is affecting the efficiency and output of the workforce,\" the CSS Forum said. \u003cbr /\u003e\u003cbr /\u003eThe association said that alarming deterioration in air quality, with the Air Quality Index (AQI) persistently hovering around hazardous levels, poses severe health risks, especially to those with pre-existing conditions, the elderly, and children. \u003cbr /\u003e\u003cbr /\u003eIt has significantly impacted the day-to-day lives of residents and employees working in the capital, said the letter written by Ashutosh Misra, the General Secretary of the CSS Forum. \u003cbr /\u003e\u003cbr /\u003eIt suggested workplace adjustments like implementing work-from-home policies or staggered office timings till the situation eases out. The CSS officers association also sought provisions of air purifiers in all central government office buildings to improve indoor air quality. \u003cbr /\u003e\u003cbr /\u003e\"Ensure that employees are provided with N95 masks and other necessary protective equipment,\" Misra said. \u003cbr /\u003e\u003cbr /\u003eThe CSS Forum is an association of CSS officers who form the backbone of the central secretariat. \u003cbr /\u003e\u003cbr /\u003eHe also asked the DoPT Secretary to issue comprehensive guidelines for all central government offices on measures to combat air pollution and safeguard employees' health. The association also suggested carpooling, use of public transport, and adopting energy-efficient office operations. \u003cbr /\u003e\u003cbr /\u003ePeople complained of itchy and watery eyes as a dense layer of smog continued to envelop the national capital. Delhi's AQI was recorded at 484, the worst this season, at 8 am on Monday. The AQI worsened further to 491 at 2 pm, according to the Central Pollution Control Board (CPCB). \u003cbr /\u003e\u003cbr /\u003eWith Delhi's overall AQI at 494 as of 5 pm today, Ashok Vihar, Najafgarh, Nehru Nagar, North Campus, and Rohini each recorded AQIs of 500. \u003cbr /\u003e\u003cbr /\u003eThe Centre's air quality panel had on Sunday also suggested work-from-home options for central government employees.\u003cbr /\u003e\u003cbr /\u003eAcross the border, Lahore in Pakistan saw AQI touch as high as 1,600. The country's Punjab province reported over 1.91 million respiratory illnesses just during the month. The situation was far worse in Multan, where AQI touched a staggering 2,000. \u003cbr /\u003e\u003cbr /\u003eCloser home, Delhi is seeing the implementation GRAP-4 (Graded Response Action Plan). Under this, movement of BS-3 petrol cars and BS-4diesel cars is not allowed in Delhi. Even diesel-run medium and heavy goods vehicles which are registered in Delhi and have BS-IV compliance or below are banned.\u003cbr /\u003e\u003cbr /\u003eVehicles with BS-3 compliance have been manufactured between 2005 and 2010. Vehicles with BS-4 compliance will have their manufacturing dates between 2010 and 2020. Since 2020, it is mandatory for all manufactured vehicles to have BS-6 compliance. \u003cbr /\u003e","synopsis":"The Central Secretariat Service (CSS) officers' association has urged the government to implement work-from-home arrangements, staggered working hours, and provide air purifiers in offices due to Delhi's hazardous air quality. They highlighted the severe health risks posed by the pollution and its impact on employees' well-being and productivity.","updatedTime":1731930328394,"insertedTime":1731928526000,"img_Path":"/thumb/msid-115417242,width-640,resizemode-4,imgsize-6836/amid-worsening-air-quality-and-grap-4-central-government-employee-body-seeks-work-from-home.jpg","url":"india/news/amid-worsening-air-quality-and-grap-4-central-government-employee-body-seeks-work-from-home/articleshow/115417242.cms","slug":"india/news/amid-worsening-air-quality-and-grap-4-central-government-employee-body-seeks-work-from-home","category":"India","article_type":"indian"},{"title":"Domestic air passenger traffic hits single-day record of 5.05 lakh on November 17","msid":115412850,"readingTime":1,"authorDetail":[],"body":"Marking a new record, domestic air passenger traffic crossed 5 lakh for the first time in a single day on Sunday, reflecting strong travel demand amid festive and wedding seasons. Airlines carried 5,05,412 passengers on Sunday (November 17), and the number of flight departures stood at 3,173, according to the latest data from the civil aviation ministry. \u003cbr /\u003e\u003cbr /\u003e It was the first time that domestic air passenger traffic crossed the 5 lakh mark in a single day. Domestic travel has witnessed strong demand during the festive season. Daily flown passengers crossed 5 lakh on 17th Nov. \u003cbr /\u003e\u003cbr /\u003e \"The high pax movement is largely backed by robust festive demand and the start of the wedding season. We expect strong demand to continue in the winter season,\" said Gaurav Patwari, Vice President, Air Category - at travel portal Cleartrip, said. \u003cbr /\u003e\u003cbr /\u003e The occupancy of flights operated by the main scheduled carriers on Sunday was above 90%. However, the on-time Performance (OTP) of the airlines have been impacted in recent days due to various factors. \u003cbr /\u003e\u003cbr /\u003e On Sunday, the OTP of IndiGo was at 74.2%, followed by Alliance Air at 71% and Akasa Air at 67.6%. Among other airlines, SpiceJet and Air India's OTP stood at 66.1% and 57.1%, respectively. \u003cbr /\u003e\u003cbr /\u003e In October, aviation watchdog DGCA said Indian airlines will operate 25,007 flights every week to and from 124 airports in the winter schedule that started from October 27. The number of flights is 3% higher than 24,275 departures per week from 125 airports in the current summer schedule. \u003cbr /\u003e\u003cbr /\u003e In comparison to the winter schedule 2023, the number of flights has increased by 5.37% The winter schedule is from October 27, 2024 till March 29, 2025.","synopsis":"Domestic air travel in India set a new record on Sunday. Over 5 lakh passengers flew, marking a new milestone. The surge is attributed to the festive and wedding seasons. Airlines operated over 3,000 flights to accommodate the demand. Flight occupancy rates soared above 90%. However, this led to slight delays in flight schedules.","updatedTime":1731923030718,"insertedTime":1731921935000,"img_Path":"/thumb/msid-115412850,width-640,resizemode-4,imgsize-11138/domestic-air-passenger-traffic-hits-single-day-record-of-5-05-lakh-on-november-17.jpg","url":"india/news/domestic-air-passenger-traffic-hits-single-day-record-of-5-05-lakh-on-november-17/articleshow/115412850.cms","slug":"india/news/domestic-air-passenger-traffic-hits-single-day-record-of-5-05-lakh-on-november-17","category":"India","article_type":"indian"},{"title":"Five Delhi-bound flights diverted to Jaipur, Dehradun due to low visibility","msid":115406922,"readingTime":2,"authorDetail":[],"body":"Five Delhi-bound flights have been diverted to Jaipur and Dehradun due to low visibility at the Indira Gandhi International Airport (IGI) in the national capital on Monday, said sources. \u003cbr /\u003e\u003cbr /\u003eAccording to the sources, four flights have been diverted to Jaipur while a single flight has been diverted to Dehradun. \u003cbr /\u003e\u003cbr /\u003eIn addition to flight diversions, the smoggy conditions in Delhi-NCR have led to disruption in railway services also, with several trains experiencing delay in their arrival at the railway station. \u003cbr /\u003e\u003cbr /\u003ePurushottam Express, Shramjeevi Express, Jammu Mail, Punjab Express, INDP NDLS Express, UP Sampark Kranti Express, Sainik Express, Jammu RajdhExpress, and Hirakund Express were among the other Delhi-bound passenger trains running behind schedule as of 6 AM, according to the information available. \u003cbr /\u003e\u003cbr /\u003eThe fog in the national capital is attributed to adverse weather conditions and air pollution. The air quality level plunged to 'severe plus' levels. According to the Central Pollution Control Board (CPCB), the Air Quality Index (AQI) recorded at 11 am was 487 in the national capital. \u003cbr /\u003e\u003cbr /\u003eAccording to the data of the CPCB, the Air Quality Index (AQI) recorded at Dwarka Sector 8 is 50, Ashok Vihar is 495, Mundka is 495, Patparganj is 494, Anand Vihar is 492, Sonia Vihar at 488, RK Puram is 480, Chandani Chowk is 464 and ITO is 447, as of 11 am. \u003cbr /\u003e\u003cbr /\u003eThe Commission for Air Quality Management (CAQM) imposed the Graded Response Action Plan (GRAP) Stage 4 in Delhi NCR from today, after the Air Quality Index (AQI) reached to 'severe plus' category. \u003cbr /\u003e\u003cbr /\u003eThis decision was taken after Delhi's daily average AQI rose sharply to 441 by 4 PM on Sunday, and further escalated to 457 by 7 PM which prompted an emergency meeting of the GRAP Sub-Committee.\u003cbr /\u003e\u003cbr /\u003eThe Stage-IV response encompasses an 8-point action plan designed to mitigate the pollution crisis. Key measures include banning the entry of trucks into Delhi, except for the ones carrying essential commodities or providing essential services.\u003cbr /\u003e\u003cbr /\u003eLNG/CNG/electric and BS-VI diesel trucks will still be permitted. Light Commercial Vehicles (LCVs) registered outside Delhi will also be restricted from entering, except those powered by electric, CNG, or BS-VI diesel engines. Delhi-registered BS-IV and below diesel-operated medium and heavy goods vehicles will be prohibited from operating, except for those carrying essential services.\u003cbr /\u003e\u003cbr /\u003eThe Sub-Committee has also extended the ban on construction and demolition activities to include public infrastructure projects like highways, roads, flyovers, and power transmission lines.\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/stock-market/webstories/ntpc-green-energy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115403791.cms\"\u003eNTPC Green Energy IPO – GMP, risk factors and all you need to know\u003c/a\u003e\u003c/b\u003e\u003cb\u003e\u003ca href=\"https://www.businessinsider.in/business/auto/webstories/kawasaki-ninja-zx-4rr-launched-in-india-priced-at-9-42-lakh/slidelist/115332842.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/business/auto/webstories/kawasaki-ninja-zx-4rr-launched-in-india-priced-at-9-42-lakh/slidelist/115332842.cms\" target=\"_blank\"\u003eKawasaki Ninja ZX-4RR launched in India priced at ₹9.42 lakh\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/indian-smartphone-shipments-grow-5-6-in-q3-2024-vivo-leads-the-market/articleshow/115329847.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/indian-smartphone-shipments-grow-5-6-in-q3-2024-vivo-leads-the-market/articleshow/115329847.cms\" target=\"_blank\"\u003eIndian smartphone shipments grow 5.6% in Q3 2024, Vivo leads the market\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"Five Delhi-bound flights have been diverted to Jaipur and Dehradun due to low visibility at the Indira Gandhi International Airport (IGI) in the national capital on Monday, said sources.","updatedTime":1731912229769,"insertedTime":1731912089000,"img_Path":"/thumb/msid-115406922,width-640,resizemode-4,imgsize-31500/five-delhi-bound-flights-diverted-to-jaipur-dehradun-due-to-low-visibility.jpg","url":"india/news/five-delhi-bound-flights-diverted-to-jaipur-dehradun-due-to-low-visibility/articleshow/115406922.cms","slug":"india/news/five-delhi-bound-flights-diverted-to-jaipur-dehradun-due-to-low-visibility","category":"India","article_type":"indian"},{"title":"Indian IT Sector to see subdued growth in Q3, recovery likely in Q4","msid":115406718,"readingTime":2,"authorDetail":[],"body":"The IT sector is expected to witness subdued growth in the third quarter of FY25, primarily due to seasonal factors, according to a report by Centrum.\u003cbr /\u003e\u003cbr /\u003eHowever, the report noted that a recovery is likely in the fourth quarter as companies begin to ramp up execution of recently signed deals.\u003cbr /\u003e\u003cbr /\u003eThe report highlighted that the demand for IT services has been impacted by macroeconomic uncertainties, with clients maintaining a cautious stance on discretionary spending.\u003cbr /\u003e\u003cbr /\u003e\"The revenue growth would remain modest in Q3FY25 on account of Q3 seasonality with growth picking up from Q4FY25\" the report said.\u003cbr /\u003e\u003cbr /\u003eDespite these challenges, the report noted that the outlook for the medium term remains optimistic, driven by the increasing adoption of new-age technologies like artificial intelligence (AI), digital solutions, and cloud migration.\u003cbr /\u003e\u003cbr /\u003eThe report noted that the BFSI (banking, financial services, and insurance) segment is showing some initial signs of recovery, providing hope for improved demand in the coming quarters. IT companies are also focusing on strengthening their capabilities in AI and machine learning (ML) to meet the growing demand for generative AI-based solutions.\u003cbr /\u003e\u003cbr /\u003e\"We expect that there would be rising demand for Generative AI based solutions as they are expected to lead to significant productivity benefit for clients across industries\" the report added.\u003cbr /\u003e\u003cbr /\u003eIt added that these solutions are expected to significantly enhance productivity across industries, creating opportunities for the sector.\u003cbr /\u003e\u003cbr /\u003eIn terms of financial performance, the report highlighted that IT companies reported a slight improvement in Q2FY25, supported by the ramp-up of recently signed deals.\u003cbr /\u003e\u003cbr /\u003eIt noted that operating margins and revenue growth were broadly in line with expectations. Cloud-related projects continue to dominate deal pipelines, reflecting their critical role in digital transformation efforts.\u003cbr /\u003e\u003cbr /\u003eOverall, while near-term challenges persist, the report stated that the IT sector is poised for a recovery, led by advancements in technology and increasing client interest in digital innovation.\u003cbr /\u003e\u003cbr /\u003eIt said \"the continued slowdown in discretionary expenditure has led to moderation in near term demand environment. However, there are certain green shoots in demand environment especially in the BFSI segment\".\u003cbr /\u003e\u003cbr /\u003eThe momentum is expected to strengthen as the macroeconomic environment stabilizes and new deals begin to yield results.\u003cbr /\u003e\u003cbr /\u003eThe Nifty IT index declined by more than 2.5 per cent on Monday at the time of filing this report. The shares of major IT companies also declined, with TCS down by 3 per cent, Tech Mahindra down by more than 2 per cent, and Infosys down by more than 3 per cent. (ANI)\u003cbr /\u003e\u003cbr /\u003e\u003cb\u003eSEE ALSO:\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/stock-market/webstories/ntpc-green-energy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115403791.cms\"\u003eNTPC Green Energy IPO – GMP, risk factors and all you need to know\u003c/a\u003e\u003c/b\u003e\u003cb\u003e\u003ca href=\"https://www.businessinsider.in/business/auto/webstories/kawasaki-ninja-zx-4rr-launched-in-india-priced-at-9-42-lakh/slidelist/115332842.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/business/auto/webstories/kawasaki-ninja-zx-4rr-launched-in-india-priced-at-9-42-lakh/slidelist/115332842.cms\" target=\"_blank\"\u003eKawasaki Ninja ZX-4RR launched in India priced at ₹9.42 lakh\u003c/a\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/indian-smartphone-shipments-grow-5-6-in-q3-2024-vivo-leads-the-market/articleshow/115329847.cms\" target=\"_blank\"\u003e\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e\u003cbr /\u003e \u003cb\u003e\u003ca href=\"https://www.businessinsider.in/tech/mobile/news/indian-smartphone-shipments-grow-5-6-in-q3-2024-vivo-leads-the-market/articleshow/115329847.cms\" target=\"_blank\"\u003eIndian smartphone shipments grow 5.6% in Q3 2024, Vivo leads the market\u003c/a\u003e\u003c/b\u003e\u003cbr /\u003e","synopsis":"The IT sector is expected to witness subdued growth in the third quarter of FY25, primarily due to seasonal factors, according to a report by Centrum.","updatedTime":1731911834141,"insertedTime":1731911674000,"img_Path":"/thumb/msid-115406718,width-640,resizemode-4,imgsize-66546/indian-it-sector-to-see-subdued-growth-in-q3-recovery-likely-in-q4.jpg","url":"india/news/indian-it-sector-to-see-subdued-growth-in-q3-recovery-likely-in-q4/articleshow/115406718.cms","slug":"india/news/indian-it-sector-to-see-subdued-growth-in-q3-recovery-likely-in-q4","category":"India","article_type":"indian"}],"trendingKeywordsData":[{"title":"Krishna Janmashtami 2024 Date and Puja Timings","url":"/thelife/article/krishna-janmashtami-2024-date-puja-timings-fasting-dos-and-donts-and-mantras/articleshow/112799687.cms"},{"title":"Krishna Janmashtami 2024 Wishes","url":"/thelife/article/happy-krishna-janmashtami-2024-wishes-messages-and-quotes-to-celebrate-shri-krishnas-birth/articleshow/112779889.cms"},{"title":"WhatsApp threatens to exit India","url":"/tech/webstories/whatsapp-threatens-to-exit-india-here-are-9-alternatives/slidelist/112156529.cms"},{"title":"10 lesser-known places to explore in Madhya Pradesh","url":"/travel/india/webstories/10-lesser-known-places-to-explore-in-madhya-pradesh/slidelist/112163190.cms"},{"title":"Puja Khedkar case","url":"/india/news/puja-khedkar-case-upsc-finally-bars-former-ias-trainee-permanently-for-misusing-quotas-in-civil-services-exam/articleshow/112167584.cms"},{"title":"India Flag Quotes","url":"/india/article/tricolour-indian-flag-quotes-for-your-facebook-and-whatsapp-dp/articleshow/93373590.cms"},{"title":"Mahatma Gandhi Quotes","url":"/india/article/mahatma-gandhi-famous-quotes-for-whatsapp-and-facebook-status/articleshow/78408172.cms"},{"title":"Top Indian Companies","url":"/india/news/top-10-indian-companies-by-market-value/articleshow/74577297.cms"},{"title":"Metro Card","url":"/india/article/how-to-check-balance-in-metro-card/articleshow/74196032.cms"},{"title":"Top 10 Cleanest City","url":"/india/news/top-10-cleanest-city-in-india/slidelist/92948838.cms"},{"title":"High Streets Shopping","url":"/india/news/top-10-high-streets-for-shopping-in-india-bengaluru-has-4-of-them/slidelist/100136088.cms"},{"title":"Top 10 Indian Companies","url":"/india/news/top-10-indian-companies-by-market-value/articleshow/74577297.cms"},{"title":"States vs Union Territories","url":"/india/news/india-news-difference-between-states-and-union-territories/articleshow/71831006.cms"}],"buyingGuidesData":[{"title":"Best printers for Home","url":"/tech-buying-guides/best-wi-fi-routers-for-home-in-india-in-2020/articleshow/77277860.cms"},{"title":"Best Mixer Grinder","url":"/insider-reviews/best-mixer-grinders-for-home-in-india/articleshow/77776473.cms"},{"title":"Best wired Earphones","url":"/tech-buying-guides/best-wired-earphones-with-mic-for-smartphones/articleshow/77526460.cms"},{"title":"Best 43 Inch TV in 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