Economy

Residents of Nilgiris will open their homes to tourists -both foreign and local. The Tourism department has re-introduced the ‘bed and breakfast’ concept and home-stays at affordable prices. Though the practice was in existence earlier in Ooty and other hill stations, it became defunct later, a decade ago.  The Union…

Tourism is an industry that has seen highs and lows over the years. While corporate sectors and industries form the backbone of any economy, it must be remembered that tourism is a sector that can bring in the big bucks, with good marketing and a consistent urge to reinvent and…

Andhra Pradesh Government is taken aback by World Bank, which has dropped the $300 million Amaravathi  Sustainable Infrastructure  and Institutional Development Project, jeopardizing the state’s development project.  The World Bank did not assign any reason for their withdrawal from the project     with the Bank’s official website showing the status of…

Photos: As attached The Tethyan Copper Company, a joint venture between Chilean mining company -Antofagasta and Canada’s Barrick Gold Corporation has filed claims for international arbitration before the Wold Bank’s International Centre for Settlement of Investment Disputes in 2012, after the Balochistan government rejected a leasing request from the company…

The Union Budget for 2019-20 was presented by the country’s first full-time Finance Minister, Nirmala Sitharaman. This is the first budget since the BJP led by Prime Minister Narendra Modi returned for a second term. Ms. Sitharaman said that India will become a $3 trillion economy this year itself. She…