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Surge in Direct Flights Highlights Record International and Domestic Air Traffic

Surge in Direct Flights Highlights Record International and Domestic Air Traffic

India Achieves Record International Air Travel In 2023, India witnessed a significant leap in international air travel, according to OAG, a UK-based air consultancy. Approximately 65 million passengers traveled internationally from India, closing in on pre-pandemic figures. Of these, around 37 million opted for direct flights, a notable increase of 2 million compared to 2019. […]

Crackdown on Unregistered Real Estate Agents: U.P. RERA Mandates Compliance

Crackdown on Unregistered Real Estate Agents: U.P. RERA Mandates Compliance

New Regulations Aim to Secure Real Estate Transactions and Enhance Accountability Regulatory Overhaul: A Push for Transparency in Real Estate Transactions The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has announced a crucial directive requiring that all real estate transactions be conducted exclusively through agents registered with the authority. This move seeks to safeguard […]

India’s Rainy Season Brings Relief: Higher Rainfall Could Slash Inflation and Spark Home Buying Boom

India has experienced a notable 8 percent increase in overall rainfall compared to the long-term average, as reported until September 13. This significant uptick has contributed to a cooling in average retail prices of essential goods like vegetables and milk. The cumulative weekly rainfall has been 14 percent above average, indicating robust monsoon performance. Impact […]

India’s Wholesale Inflation Hits Four-Month Low in August Amid Declining Fuel Prices

Inflation Rate Drops to 1.31% as Food Prices Stabilize In August, India’s wholesale inflation fell to its lowest point in four months, registering at 1.31% on an annual basis. This marks a decrease from 2.04% in July, driven by a significant drop in fuel prices and a moderation in the rise of food prices. Fuel […]

Gaurs Group Prepares for IPO to Expand in Thriving Delhi-NCR Market

Gaurs Group Prepares for IPO to Expand in Thriving Delhi-NCR Market

Gaurs Group, a prominent real estate firm, is gearing up for its Initial Public Offering (IPO) as part of its strategy to tap into growing consumer demand and broaden its business footprint, according to its Chairman and Managing Director. The company has been buoyed by the strong performance of its recent luxury housing project in […]

Engineering Careers in the Age of AI: Adapting to a New Reality

Engineering Careers in the Age of AI: Adapting to a New Reality

AI’s Disruption: A Growing Concern for Engineers The rapid expansion of artificial intelligence (AI) is sparking significant concern among engineers, with many worried about job security amid rising automation. A recent study by Great Learning reveals that 67.5% of engineers feel their roles are negatively affected by AI, while 87.5% believe that upskilling is essential […]

Record Surge in International and Domestic Air Travel for India

Direct Flights See Unprecedented Growth According to UK-based air consultancy firm OAG, the number of passengers flying directly between India and the rest of the world has reached a new milestone. In 2023, India recorded approximately 65 million international air travellers, with around 37 million opting for non-stop flights, up by 2 million from 2019. […]

India Poised for Sustainable Economic Growth Despite Recent Slowdown

Central Bank Governor Confident of 8% Growth Potential India’s economic growth outlook remains optimistic despite recent data indicating a slowdown. The Reserve Bank of India (RBI) Governor has projected that the country could achieve a sustainable growth rate of up to 8% over the medium term. This forecast follows the latest figures showing a deceleration […]

India’s Real Estate Boom: A Long Road Ahead for Peak Performance

The Unfolding Real Estate Landscape: Key Drivers and Challenges India’s real estate market is on an upward trajectory, but experts believe it is still years away from reaching its peak. The sector, currently at what is metaphorically described as 9 o’clock on the property clock, is expected to take two to three more years to […]