India must aim for $1 trillion ‘Orange Economy’ by 2047: Kiran Mazumdar Shaw

IANS | May 3, 2025 9:56 AM

Mumbai, May 3 (IANS) The media and entertainment sector contributes $20 billion to the GDP today and we must aim for $100 billion dollar, and eventually, a $1 trillion ‘Orange Economy’ by 2047, which will resonate with the dream of Prime Minister Narendra Modi, global business leader and Biocon founder, Kiran Mazumdar Shaw, has said.

India becoming a big exhibition and conference hub globally: Minister

IANS | May 3, 2025 9:33 AM

New Delhi, May 3 (IANS) India is set to emerge as the Meetings, Incentives, Conferences, and Exhibitions (MICE) capital of the world and the government and the private exhibition industry has to work together to make the country a centre of MICE tourism, Union Tourism Minister Gajendra Singh Shekhawat has stressed.

SC orders liquidation of BPSL, sets aside JSW Steel's resolution plan

IANS | May 2, 2025 6:10 PM

New Delhi, May 2 (IANS) The Supreme Court on Friday ordered the liquidation of cash-strapped Bhushan Power and Steel Limited (BPSL), holding that JSW Steel’s resolution plan for the bankrupt company was not in consonance with the provisions of the Insolvency and Bankruptcy Code (IBC), 2016.

98.24 percent of Rs 2,000 banknotes have been returned: RBI

IANS | May 2, 2025 4:30 PM

Mumbai, May 2 (IANS) As many as 98.24 per cent of the Rs 2,000 banknotes which were in circulation as on May 19, 2023, have now been returned with the total value of such notes outside the banking system coming down to Rs 6,266 crore at the close of business on April 30, 2025, according to an RBI update on Friday.