ITC Hotels, a major player in the Indian hospitality industry, is set to launch its first international property, ITC Ratnadipa in Colombo. The company’s asset right strategy has allowed it to open 24 properties in the past 24 months. In addition, its newly launched brands, Storii and Mementos, are experiencing significant growth. ITC Hotels is also expanding its footprint in India, with a new luxury property in Jaipur and a Welcomhotel in Madikeri, Karnataka.
The Karnataka government has given approval to six new projects and eight additional investment proposals, amounting to ₹17,835.9 crore. These projects are expected to generate around 27,000 employment opportunities across the state. The State High-Level Clearance Committee, led by Chief Minister Siddaramaiah, cleared these business proposals in its 63rd meeting. The government aims to promote economic growth by decongesting the capital city and spreading development ‘Beyond Bengaluru’
The 16th Finance Commission, chaired by Arvind Panagariya, will consider various issues including GST and the sharing of taxes and resources between the Centre and states. Panagariya acknowledged the recent debate on GST triggered by states such as Karnataka, and stated that it is still too early for him to comment on the matter. He highlighted the importance of addressing farm sector, labour, and urbanisation-related challenges as key reform areas.
The upcoming Budget will be his record 15th Budget, and 8th with the position of Chief Minister
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Chief Minister Siddaramaiah met leaders from farmers’ organisations for pre-budgetary consultation and discussed various demands including increasing nutrition among the farming community and programmes in the Budget to raise hope among youth from the farming community.
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Karnataka Congress legislators and MLCs plan to hold a protest in Delhi against the financial injustice faced by the state. They claim Karnataka has incurred a loss of at least Rs 50,000 crore in central grants and devolution of funds. The Deputy Chief Minister, DK Shivakumar, highlighted the injustice and the need to raise their voice. The protest aims to ensure that Delhi takes note of the situation. The MLAs and MLCs will participate in the protest and have sought permission for the same.
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Protests by BJP-JD(S) workers in Karnataka have escalated following the removal of a saffron flag with Lord Hanuman’s portrait from a flag post. Section 144 has been enforced in the village and police personnel have been deployed. Demonstrations are being held by BJP leaders and workers in all district headquarters of the state.
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Two colleagues belonging to different religions were assaulted by a gang in Karnataka’s Haveri district. This incident marks the third case of moral policing in the region this month. Police arrested eight suspects linked to the attack.
The High Court of Karnataka has ordered the Department of Stamps and Registration to become a service provider for Aadhaar digital authentication. This move is aimed at preventing impersonation and forgery during document registration. The court also instructed the Inspector General of Registration to prepare a project report regarding the implementation of Aadhaar authenticity through digital means.
The People’s Forum for Karnataka Education has collected 10,18,080 signatures during its two-month campaign seeking the continuation of the National Education Policy (NEP) in the state. The signature copies will be submitted to the Governor Thaawarchand Gehhot soon.
