Overview

India, US and Mexico emerge as most balanced GCC ecosystems: BCG

India, US and Mexico emerge as most balanced GCC ecosystems: BCG

India, the US and Mexico have emerged as the most balanced global capability centre (GCC) ecosystems globally — with India uniquely combining scale, innovation and efficiency, a report showed on Wednesday.

The report highlights AI — notably advanced AI use cases including GenAI, NLP and AI agents — as a critical accelerator of GCC maturity. While top performers have moved beyond pilots to embed AI across core workflows, most GCCs remain trapped in early-stage experimentation, said the report from Boston Consulting Group (BCG).

“GCCs have always been good at acting as the engine room — now the best ones are learning to steer the ship,” said Sreyssha George, Managing Director and Partner at BCG.

Monsoon session of Parliament from July 21 to August 12

Monsoon session of Parliament from July 21 to August 12

The Monsoon Session of Parliament will begin on July 21 and conclude on August 12, Union Parliamentary Affairs Minister Kiren Rijiju announced on Wednesday.

Both the Lok Sabha and Rajya Sabha will convene at 11 a.m. on the opening day, marking the start of the first parliamentary session in over three months.

The session is expected to be politically charged, especially against the backdrop of heightened demands by the Opposition for a special session.

Sixteen opposition parties had written to Prime Minister Narendra Modi on Tuesday, pressing for an immediate session to discuss the recent Pahalgam terror attack and the retaliatory Operation Sindoor -- a cross-border military operation targeting nine terror camps in Pakistan and Pakistan-occupied Kashmir (PoK).

‘Shooting League of India will help unearth more talent,’ says Olympian Anjum Moudgil

‘Shooting League of India will help unearth more talent,’ says Olympian Anjum Moudgil

Arjuna Awardee rifle shooter Anjum Moudgil has expressed her delight at the introduction of the Shooting League of India (SLI) and said it will help unearth more talents and will be very helpful for the athletes to prepare for global events.

The inaugural edition of the Shooting League of India (SLI) was announced by the National Rifle Association of India (NRAI) last month, and the tournament will have the window between November 20 and December 2. The competition will witness some of the prominent national and international names in action.

India's tourism sector poised to cross Rs 22 lakh crore turnover in 2025: Report

India's tourism sector poised to cross Rs 22 lakh crore turnover in 2025: Report

India's travel and tourism sector is expected to contribute a staggering Rs 22 lakh core to the Indian economy in 2025, with employment in the sector likely to exceed 48 million as a surge in both foreign and domestic tourists drive growth, according to the latest report released by the World Travel and Tourism Council (WTTC).

International visitor spend is expected to reach Rs 3.2 lakh crore, while spending from domestic travellers is set to hit Rs 16 lakh crore during 2025, said WTTC president and CEO Julia Simpson.

She pointed out that the travel and tourism industry is a very significant employer in India, and in 2024, an all-time high of more than 46 million jobs were created in the sector across India, which represents over nine per cent of total employment in the country.

The WTTC has forecast employment figures for 2025 and at 48.2 million and 63.9 million, in 2035.

Adani Airports secures $750 million global financing to further boost growth

Adani Airports secures $750 million global financing to further boost growth

Adani Airports Holdings Ltd (AAHL) on Wednesday said it has raised $750 million via External Commercial Borrowings (ECB) from a consortium of international banks.

According to India’s largest private airport operator and a subsidiary of Adani Enterprises Limited (AEL), the proceeds will be used to refinance existing $40 million debt, invest in infrastructure upgrades, and capacity expansion across the six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram — along with scaling the non-aeronautical businesses, including retail, F&B, Duty Free and services across the airport network.

“The trust placed in us by leading global financial institutions underscores the long-term value and potential of India’s aviation infrastructure. AAHL is well on its path to deliver exceptional customer experiences, leveraging technology for seamless operations, and prioritising sustainability and community engagement across its airport network,” said Arun Bansal, CEO of AAHL.

Indore's missing couple mystery: Husband killed with machete, wife remains untraced

Indore's missing couple mystery: Husband killed with machete, wife remains untraced

Raja Raghuvanshi, a 29-year-old resident of Indore whose decomposed body was found in a deep gorge near Weisawdong Falls in Meghalaya's Sohra (Cherrapunjee), was murdered using a dao (machete), police have confirmed.

The discovery follows the couple's mysterious disappearance on May 23 while visiting the scenic location.

His wife, 27-year-old Sonam Raghuvanshi, is still missing as search operations intensify.

Teams from the NDRF, SDRF, and Special Operations Team (SOT) are engaged in a massive search to trace Sonam, while investigators have already recovered Raja's mobile phone and the suspected murder weapon -- a dao machete -- from the lower levels of the gorge.

East Khasi Hills Superintendent of Police Vivek Syiem told IANS, "The search has continued in Weisawdong Falls, and NDRF is also involved. The gorge is in three layers, and the NDRF, SDRF and SOT have gone down to the last layer. They have recovered the victim's phone and the weapon used in the crime. The dao and a knife have been seized."

Domestic occupiers capture 46 pc of office leasing in India since 2022: Report

Domestic occupiers capture 46 pc of office leasing in India since 2022: Report

Indian firms have significantly increased their footprint in the commercial real estate market, with domestic occupiers accounting for 46 per cent of gross leasing activity since 2022 -- up from 35 per cent during 2017-2019, according to a new report released on Wednesday.

Leasing volumes by domestic firms reached unprecedented levels in 2024 with 31.9 million square feet, with them continuing the strong momentum into Q1 2025 with 8.8 million square ft already leased, said the report by JLL.

The BFSI sector has recorded the most substantial growth in average transaction size. BFSI firms have more than doubled their space requirements, with average deal sizes jumping from 10,500-11,500 sq. ft in 2017-2019 to 24,000-25,000 sq. ft in the 2022-Q1 2025 period, representing a staggering 125-130 per cent increase.

Maruti Suzuki expands solar capacity in India, earmarks over Rs 925 crore

Maruti Suzuki expands solar capacity in India, earmarks over Rs 925 crore

Reinforcing its commitment to enhance usage of renewable energy in its operations, Maruti Suzuki India Limited on Wednesday announced the expansion of its solar capacity by 30MWp (megawatt-peak) with two new projects.

The automaker commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility.

With these additions, MSIL's total solar capacity across its locations has enhanced from 49MWp to 79MWp in the last one year.

By FY2030-31, Maruti Suzuki plans to reach 319MWp of solar capacity, backed by an investment of over Rs 925 crore.

Shooter of Bhau gang arrested after encounter with police in Delhi's Rohini

Shooter of Bhau gang arrested after encounter with police in Delhi's Rohini

A shooter of the Himanshu @Bhau gang was arrested after a brief exchange of fire with a team of Delhi Police's special cell in the Rohini area.

The accused was identified as Deepak Dhankar, 23, a resident of the village Madina Gindhran, Rohtak, Haryana.

Dhankar was arrested on Tuesday in connection with the murder of 47-year-old Anil Kumar (uncle of rival gangster Sunny @ Baba Gang).

On June 3, acting on a tip-off that Dhankar would come near UER-II, Rohini Sector 35 area to meet his associates, a police team led by Inspector Sandeep Dabas laid a trap.

At around 10.30 p.m., the police team spotted the accused and asked him to surrender. However, he fired three rounds at the police team, which retaliated, and the accused sustained a bullet wound in his right knee.

After Jyoti Malhotra's arrest, another YouTuber held in Punjab for espionage

After Jyoti Malhotra's arrest, another YouTuber held in Punjab for espionage

After YouTuber Jyoti Malhotra, who was arrested for allegedly spying for Pakistan, Punjab Police on Wednesday claimed to have unearthed a critical espionage network linked to another YouTuber, Jasbir Singh, a resident of Rupnagar.

Jasbir Singh, who operates a YouTube channel called 'JaanMahal', has been found associated with Pakistani intelligence operative Shakir, alias Jutt Randhawa, part of a terror-backed espionage network.

He also maintained close contact with Haryana-based Jyoti Malhotra and Ehsan-ur-Rahim, alias Danish, a Pakistani national and expelled Pakistan High Commission official, Director General of Police (DGP) Gaurav Yadav informed on X.

Investigations have revealed that Jasbir attended the Pakistan National Day event in Delhi on Danish's invitation, where he met Pakistani army officials and bloggers.

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