he government is looking to transform India Post into a logistics company and increase the revenue of the department by 50-60% in the next 3-4 years, Union Telecom Minister Jyotiraditya Scindia said on Wednesday.

Speaking at a Public Affairs Forum of India event in the national capital, the minister said about 25,000 villages in the country that do not have mobile networks will be connected by next year.

Nearly 50 percent of public infrastructure in India is unprepared for disaster management, according to a survey by CBRE.

The survey findings were released at a joint 'Infrastructure Management Conference 2024' organised by CBRE and Confederation of Indian Industry (CII).

India's home and household market is expected to reach USD 237 billion by 2030 at a compounded annual growth rate (CAGR) of over 10 per cent, fuelled by increasing disposable income, shifting consumer preferences and a growing focus on comfort and convenience across product categories, according to a report by Deloitte.

The report, Powering Consumption Growth-India's Home and House Market, launched at the two-day event MAPIC India 2024, which began here on Wednesday, also said that the home and household market are witnessing strong demand, particularly in tier 2 and tier 3 cities that are emerging as growth hubs.

Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account.

Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. The minimum contribution to open Vatsalya account is ₹1,000. Subscribers will have to contribute ₹1,000 annually thereafter.

The United Arab Emirates on Wednesday announced mandating private joint-stock companies in the country to allocate at least one seat for women on their boards of directors after the completion of the current board’s term.

The United Arab Emirates' Ministry of Economy further announced that the implementation of this decision will commence in January 2025 and urged the private joint-stock companies to factor this requirement into their future board restructuring plans.