Despite facing challenges, the Indian economy remains resilient. Forecasted GDP growth of 7% in FY25 could surpass expectations, fuelled by robust private and government capex, foreign investments, and rural economic enhancements propelled by La Nina.
Besides the hotels business, the company will look for opportunities to expand the presence of FMCG and other verticals in new overseas markets as well.
Patanjali Misleading Ads Case: After Patanjali Ayurved apologized for defying Supreme Court orders, the court scrutinized misleading advertisements by various organizations, emphasizing the protection of citizens interests. Baba Ramdev and Acharya Balkrishna were directed to issue additional apologies within two days. The court also questioned the Indian Medical Association s endorsement of expensive medicines, emphasizing the rule of law.