Author: NNI Editor

Kadubeesanahalli will be part of the elevated metro line connecting K. R. Puram with Central Silk Board, along the Outer Ring Road (ORR), in Bengaluru. | Photo Credit: MURALI KUMAR K The Bangalore Metro Rail Corporation Limited (BMRCL) and Embassy Office Parks REIT (Embassy REIT) entered into a definitive agreement on February 28 for the construction of Kadubeesanahalli Metro Station which will be located on the Outer Ring Road line from Central Silk Board to K.R Pura under Phase-2A of Namma Metro project. Vikas Telecom Pvt. Ltd. (VTPL), part of Embassy REIT, will be investing ₹100 crore in the construction…

Jamie McGeever”Trumpcession”.If you haven’t heard the term before, you will now, as a closely watched real-time U.S. economic weathervane is signalling that GDP is shrinking at the fastest pace since the pandemic lockdown.The Atlanta Fed’s GDPNow model estimate for annualized growth in the current quarter was a stunning -2.8% on Monday, down from +2.3% last week. A month ago the model showed that growth in the January-March period was tracking close to +4.0%.These estimates are published regularly as new economic data is released, and can be quite volatile. There were 11 in February alone. Friday’s shock reading of -1.5% was…

P. Lakshmi Priya, proprietor of “Thinasari Keerai”, the new startup which uniquely produces more than 15 varieties of Keerai processed products. Image used for representative purpose only. | Photo Credit: Moorthy M Indian startups raised a total of $1.65 billion (about ₹14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Tracxn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed. The February figure marks a 19.5% uptick from $1.38 billion in total funding in January 2025. On a year-on-year basis, the total…

An acquisition of Versace by Italian luxury group Prada would create a company with a broader base that is more resistant to business cycles, but reviving the targeted brand could take years and hit short-term profits.Prada is seeking to expand after posting strong organic sales growth in the last nine months of 2024 despite a slowdown in demand, while Versace operates at a loss. A merger would be Italy’s answer to the French conglomerates that dominate the luxury business.”The (Versace) brand needs restructuring and has a history of mismanagement with no easy fix,” said Melania Grippo, analyst at BNP Paribas,…

Mike DolanMarkets are spending so much time trying to figure out where Donald Trump’s economic policies are headed that they may fail to see how much risk is created by the simple fact that no one knows what’s happening next.The new Trump administration’s deliberate ambiguity on trade tariff policies and geopolitical alliances appears designed to keep rival negotiators guessing and calculated to wring concessions, but it may take a toll on the U.S. economy if corporate America doesn’t know what exactly they’re planning for.For the economy, that’s proving toxic. Delays in business and household decision-making may mark the biggest threat…

1xBet advertises on traditional as well as online media extensively. Photo: X/@1xBet_Eng The Bengaluru City East’s Cyber Police has registered an FIR against the betting site 1xbet. The Hindu has reviewed a copy of the FIR, which has been filed by Star India Pvt. Ltd., which broadcasts the ICC Champions Trophy tournament. Star has alleged that 1xBet is livestreaming the tournament in spite of not having any license or agreement to do so.1xBet is a Curaçaoan betting platform with a presence across the world. The site has been banned or blocked in several countries, and the Ministry of Home Affairs…

In September last year, the Supreme Court had similarly expressed displeasure over the functioning of the RERA. File | Photo Credit: R.V. Moorthy The Supreme Court on Tuesday (March 4, 2025) remarked that the functioning of Real Estate Regulatory Authority (RERA) established under a Central law to protect the investments of homebuyers as well as promote the real estate sector have been “disappointing”.Also read: What is the lowdown on the Real Estate Regulation ActThe oral observation from a Bench headed by Justice Surya Kant was triggered by a submission from senior advocate K. Parameshwar about the “domino effect” seen in…

The couple lost their luggage while flying from Mangaluru to Pune by Air India Express on January 18, 2025. | Photo Credit: SPECIAL ARRANGEMENT In the latest instance of a luggage mess-up, an Indian army officer has been brought to his knees by the bureaucracy of Air India Express. The private airline misplaced the luggage of the retired officer and his wife when the couple flew from Mangaluru to Pune. Despite registering a complaint at Pune airport and following up through phone calls for over a month, the elderly couple are yet to get their luggage. And now, they allege,…

Prime Minister Narendra Modi | Photo Credit: ANI Prime Minister Narendra Modi on Tuesday (March 4, 2025) outlined key measures to boost entrepreneurship and manufacturing in India, emphasizing the need for industries to seize global opportunities and drive exports. Speaking at a post-Budget webinar on the MSME sector, he announced that five lakh first-time entrepreneurs, including women and those from SC-ST communities, will be eligible for loans of up to ₹2 crore.Also Read:Battle for growth: On India’s economic trajectory Highlighting India’s role as a growth engine for the global economy, Mr. Modi urged industries to innovate and integrate into global supply…

Chief Economic Adviser V. Anantha Nageswaran | Photo Credit: The Hindu Chief Economic Adviser V Anantha Nageswaran on Tuesday (March 4, 2025) said the new model text for bilateral investment treaty (BIT) will be better aligned to the demands of a dynamic global investment environment, while safeguarding India’s sovereign rights and regulatory space. Addressing a post Budget webinar 2025 on the theme of ‘Making India Investment Friendly’, he said the BIT framework is being revised to reflect modern challenges. Almost 10 years have passed since the last review of India’s model BIT and since then, the global investment ecosystem and…