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Time of India
16-05-2025
- Business
- Time of India
Branding Delhi Campaign: Delhi tourism minister talks on campaign to showcase city as global tourism hub, ET HospitalityWorld
Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHospitalityWorld App Get Realtime updates Save your favourite articles Scan to download App The Delhi government is planning a "Branding Delhi" campaign with film festivals, tourism circuits and investment programmes to promote the city's rich cultural identity and transform it into a global hub. In a review meeting, the Delhi Minister of Tourism Kapil Mishra said, "Under the campaign, efforts will be made to showcase Delhi not just as a transit city but as a destination in itself, reflecting its historical heritage, vibrant arts, and contemporary urban character."Among the key initiatives discussed were hosting of an international film festival aimed at attracting filmmakers and promoting Delhi as a shooting location for films. It also includes an investment summit to draw interest from national and international investors and creating a new tourism circuit linking major sites such as the National War Memorial, Kartavya Path, Pradhanmantri Sangrahalaya, and the new Parliament must evolve from a transit point into a global tourism hub. This is not just a publicity exercise but a committed push to bring the pride of Delhi to the world stage, said campaign, supported by budgetary provisions under the Delhi Government's Budget 2025-26, also aligns with Chief Minister Rekha Gupta's broader vision to project the city as a "Developed Capital", he minister said the campaign will focus on digital outreach, global cultural collaborations, and improved visibility for both well-known and lesser-known tourist spots and called for a transparent and inclusive approach, inviting suggestions from stakeholders to strengthen the campaign.
Economic Times
16-05-2025
- Business
- Economic Times
Market Wrap: Financials, IT stocks drag D-Street lower; Sensex sheds 200 pts, Nifty below 25,100
Indian benchmark indices ended lower on Friday, weighed down by a pull-back in as high-weight financial and information technology stocks following a rally earlier in the week. Tired of too many ads? Remove Ads Sector Watch Tired of too many ads? Remove Ads Expert View Indian benchmark indices ended lower on Friday, weighed down by a pull-back in heavy-weight financial and information technology stocks following a rally earlier in the BSE Sensex shed 200.15 points, or 0.24%, to close at 82,330.59, while the NSE Nifty 50 declined 42.30 points, or 0.17%, to settle at 25, the 30 Sensex stocks, Bharti Airtel SBI , and Tech Mahindra were the top laggards, declining between 0.8% and 2.8%.The Nifty IT index slipped 0.8%, while the Nifty Financial Services index ended IT index had rallied nearly 7% over the past four sessions, buoyed by easing recession fears in the U.S. following a trade truce with China. Financials gained around 4% during the same contrast, broader markets outperformed. The Nifty Midcap 100 rose 0.9% and the Nifty Smallcap 100 jumped 1.9%, driven by gains in defence stocks and strong post-earnings moves in names like Crompton Greaves Airtel dropped 2.8% after major shareholder Singapore Telecommunications offloaded a $1 billion stake."Markets traded lackluster after Thursday's surge and ended marginally lower, in the absence of any fresh triggers, said Ajit Mishra – SVP, Research at Religare Broking, adding that the tone remained subdued from the outset, with consolidation in heavyweight stocks across sectors capping the move throughout the session."On the sectoral front, a mixed trend kept participants engaged. Realty, energy, and auto sectors edged higher, while IT witnessed some profit-taking, declining by nearly a percent. The broader indices outperformed amid mixed cues, with themes like defense and railways continuing to attract notable buying interest."More than the recovery in the benchmark index, the broad-based rebound has offered greater relief to market participants with sustained FII inflows and stable global markets further contributing to the positive sentiment, said Nifty remained in consolidation mode today, taking a breather after Thursday's rally with overall sentiment continuing to stay firm, with sectoral themes playing out, said Rupak De, Senior Technical Analyst at LKP Securities."Indicators and overlays are consistently pointing towards further strength in the short term. Any dips are likely to be bought into, with support placed at 25,000/24,800. On the higher side, a move above 25,120 could take the index towards 25,250/25,350," said De.
