
New Delhi, Nov 11 (ANI): As the country is celebrating Dhanteras today, people in the national capital came out to purchase gold. Making purchase on this auspicious day is an age-old tradition. One of the store owners in Karol Bagh claimed that people have anticipated, that gold prices are likely to spike in coming times, therefore they are viewing the purchase as an investment. On COVID impact, a store owner said, "After lockdown, people were a little reluctant in coming to the retail stores, because of lot of social distancing restrictions but as the time is passing by people are getting used to this new normal. 80% sales are back in the market in comparison to last year." Dhanteras marks beginning of five-day long Diwali festivities in India.

Gold rush: People throng markets in Delhi on Dhanteras

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Companies embracing AI-led processes globally are experiencing remarkable growth, surpassing their peers with higher revenue growth and greater productivity, according to a report by Accenture.
In India, the percentage of organisations fully modernised with AI has surged from 8 per cent in 2023 to an impressive 25 per cent in 2024, marking a significant leap in operational efficiency and revenue generation, the report said.
The findings are based on a survey of 2,000 executives across 12 countries and 15 industries, including insights from 200 senior executives based in India.
The report, titled "Reinventing Enterprise Operations with Gen AI," highlighted that globally, organisations that have adopted intelligent operations are achieving 2.5 times higher revenue growth and 2.4 times greater productivity than their peers.
This trend underscores the transformative power of Generative AI, which has become a catalyst for innovation across various sectors. Notably, 79 per cent of Indian

The findings are based on a survey of 2,000 executives across 12 countries and 15 industries, including insights from 200 senior executives based in India

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The New Development Bank (NDB) has given a go-ahead to the Himachal Pradesh Ropeways Corporation to float advance tenders for the construction of Rs 1,734-crore Shimla ropeway project.
Once complete, the project is expected to decongest the state capital.
The tender process is expected to start soon and 50 per cent of the 13.79-km ropeway will be completed in two years, officials said here on Tuesday.
"A big success for state capital Shimla, NDB has given permission for floating advance tenders for the project, paving way for construction of the ropeway. The 13.79-km ropeway would be the longest ropeway in the country and second longest in the world," Himachal Pradesh Deputy Chief Minister Mukesh Agnihotri, who also holds the portfolio of transport and ropeways, said in a post on his social media account.
The contribution of the Himachal Pradesh government will be 20 per cent while NDB will fund the remaining 80 per cent, of which 90 per cent will be subsidy and 10 per cent loan.


The contribution of the Himachal Pradesh government will be 20 per cent while NDB will fund the remaining 80 per cent, of which 90 per cent will be subsidy and 10 per cent loan

The finance ministry will commence from October 10 its pre-Budget meetings with review of six ministries and departments, including new & renewable energy and skill development & entrepreneurship.
The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year.
On the last day, Ministry of Railway and Department of Health and Family Welfare will be discussed.
The Union Budget 2025-26 is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," the Budget circular 2025-26 issued by Department of Economic Affairs said.
It will be the second ...

The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year

The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month in the backdrop of the Indian economy recording 7 per cent growth rate for the fourth consecutive year.
The budget for the next financial year would focus on reforms to be pushed to further accelerate growth momentum and measures to generate jobs and boost demand in the economy.
"Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," Budget circular 2025-26 issued by the Department of Economic Affairs said.
Hard copies of the data in the specified formats should be submitted for cross-verification, it said.
It will be the second budget of the Modi 3.0 government and 8th straight Budget for Finance Minister Nirmala Sitharaman, a rare distinction in Indian ...

Pre-budget meeting shall commence from second week of October, 2024 and shall continue till around mid-November, 2024, it said

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Gold rush: People throng markets in Delhi on Dhanteras

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