IOB Consistently Shines Bright with Record Net Profit

Mumbai, 16 October 2025: Indian Overseas Bank (IOB) has reported robust financial and operational performance for the quarter and half-year ended 30 September 2025, demonstrating strong growth across key business metrics, asset quality, and customer outreach.

Profitability Highlights (Quarter Ended 30 September 2025):

  • Net Profit increased significantly compared to the previous year.

  • Operating Profit showed notable growth.

  • Net Interest Income (NII) rose steadily, reflecting improved operational efficiency.

  • Net Interest Margins (NIM) improved both domestically and globally.

  • Cost-to-Income ratio reduced, while Return on Assets (ROA) and Return on Equity (ROE) improved.

Profitability Highlights (Half-Year Ended 30 September 2025):

  • Net Profit and Operating Profit increased year-on-year.

  • NII continued to rise, supported by strong business growth.

  • NIM, ROA, and ROE all showed steady improvement.

  • Cost-to-Income ratio declined, reflecting operational efficiency.

Business Growth:

  • Total business of the bank expanded significantly over the previous year.

  • Total deposits and gross advances increased, supported by strong CASA growth.

  • Credit-to-deposit ratio maintained a healthy level.

Asset Quality:

  • Gross and Net Non-Performing Assets (NPA) improved with better provisioning.

  • Slippage and credit costs remained well-managed, reflecting disciplined lending practices.

Recovery and Capital Adequacy:

  • Total recovery for the quarter improved over the previous period.

  • Basel III Capital Adequacy Ratio strengthened, ensuring a solid capital base for future growth.

Awards, Accolades & Initiatives:

  • IOB received the Rajbhasha Kirti Award for the third consecutive year for exemplary implementation of the Official Language.

  • The bank topped the Grievance Redressal Index for the third consecutive month, demonstrating superior customer service.

  • IOB was awarded the SKOCH Platinum Award for excellence in its in-house IOB SMART app and Risk Management initiatives.

Customer Outreach:

  • Number of domestic branches expanded significantly, with a strong presence in rural and semi-urban areas.

  • ATM/CR network grew to enhance accessibility.

  • Business Correspondent network increased to widen the bank’s reach.

  • Total customer touchpoints reached a new high, strengthening engagement across India.

Commenting on the performance, a senior spokesperson from IOB said:
“Indian Overseas Bank continues to demonstrate resilience and consistent growth, driven by a strong focus on customer service, operational efficiency, and disciplined risk management. We remain committed to expanding our reach and delivering sustainable value to all stakeholders.”

Artha Bharat’s Sachin Sawrikar Urges Balanced Investing Beyond Gold This Dhanteras

BY: Mr. Sachin Sawrikar Managing Partner of the USD 800 million Artha Bharat Investment Managers   
As we celebrate Dhanteras, a festival that symbolizes prosperity and thoughtful investing, it’s encouraging to see gold and silver, the traditional favourites, deliver standout performance this year, driven by global uncertainty and robust investor demand. Looking ahead, however, equities appear poised to outperform. The recent income tax and GST rate cuts have boosted disposable incomes and revived consumer sentiment, leading to strong buying momentum across key sectors. Combined with resilient macro fundamentals and improving corporate earnings, these developments make Indian equities particularly attractive for long-term wealth creation. At the same time, diversification remains critical. Investors may consider complementing their domestic exposure with allocations to USD-denominated global funds, which offer currency diversification and access to global innovation themes. While Dhanteras continues to celebrate the timeless appeal of gold and silver, the modern approach to prosperity lies in a balanced portfolio, anchored in India’s growth story and diversified across global opportunities.

NPST Launches NBBL’s Banking Connect to Enable Interoperable Internet and Mobile Banking

Mumbai, 16th October 2025 – NPST, a leading digital banking and payments technology company and a proud member of the NPCI Partner Program, today announced the launch of Banking Connect, an interoperable internet and mobile banking platform developed by NPCI Bharat BillPay Limited (NBBL). With Banking Connect, banks can now bypass these legacy constraints through a single NBBL-certified integration, enabling seamless connectivity across internet and mobile banking channels.

Banking Connect marks a significant milestone in India’s journey toward a unified digital banking framework while, traditional internet banking systems rely on bilateral integrations with multiple payment gateways, often leading to high costs, operational inefficiencies, and limited scalability.

The platform empowers banks to expand reach, streamline merchant onboarding, and offer secure, omni-channel experiences. Its microservices-based architecture supports real-time analytics, policy-driven fraud controls, and standardised settlements, allowing banks to reduce integration overheads while improving operational reliability.

“Banking Connect brings NBBL’s cutting-edge innovation to the forefront of India’s digital payments ecosystem,” said Deepak Chand Thakur, Chairman and Managing Director at NPST. “By enabling banks to connect once and serve multiple payment aggregators and Merchants, we are reducing operational complexity, enhancing transaction security, and empowering banks to deliver a seamless digital banking experience. This platform ensures users and businesses can transact with confidence while participating in India’s rapidly evolving interoperable payments landscape”.

Ayana Opens at Udaipur Marriott Hotel, Redefining Rooftop Dining in Udaipur

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16 October 2025: Udaipur Marriott Hotel proudly unveils Ayana, its newest rooftop dining destination, offering a transcendent culinary journey above the shimmering lakes and Aravalli Hills. True to its name, which means “the path,” Ayana invites guests on a carefully curated experience that begins the moment they step into its serene poolside ambiance and culminates in the indulgent final spoonful of dessert. The restaurant’s design blends contemporary Indian aesthetics with natural materials, oversized cushions, glowing lanterns, and curated world music, creating an atmosphere that is at once vibrant and serene, while the panoramic rooftop views of Udaipur’s lakes and hills add a magical dimension to every visit.

Ayana’s menu celebrates India’s royal culinary legacy, drawing inspiration from the Northwest Frontier and the regal kitchens of Rajasthan. Signature dishes such as slow-cooked Haleem, melt-in-the-mouth Shikampuri Kebabs, aromatic layered Biryani, and regional Rajasthani classics like Laal Maas, Gatte ki Subzi, and Ker Sangri reflect a philosophy of authenticity, refinement, and respect for time-honoured techniques. Each dish is crafted with precision, honouring its origins while offering a modern presentation that elevates the dining experience. The bar complements the cuisine with artisanal beverages infused with Indian botanicals, spices, and local flavours, making every meal a seamless sensory journey.

Designed to host both intimate dinners and celebratory gatherings, Ayana offers a mix of communal seating, semi-private corners, and open decks, making it a perfect setting for romantic evenings, private celebrations, and exclusive events. The restaurant is deeply committed to sustainability, prioritizing locally sourced seasonal produce, plant-forward menu innovations, minimal food waste, energy-efficient kitchens, and the elimination of single-use plastics, ensuring every experience leaves a lighter footprint on the planet.

Ecstatic about the launch, Executive Chef, Mohit Mishra said, “We are thrilled to officially welcome guests to Ayana. Our vision was to create more than just a restaurant, we wanted to craft a journey where each dish tells a story, each flavour evokes tradition, and every detail, from preparation to presentation, reflects the depth of India’s rich culinary heritage. It’s about delivering authenticity with finesse and giving our guests an experience they will remember long after they leave.”

Adding on to this, Vaibhav Sagar, General Manager, commented, “Ayana is designed to be an immersive experience, not just a dining venue. From the sweeping rooftop views to the thoughtfully curated menu and serene yet vibrant ambiance, every element has been meticulously crafted to create lasting memories. Whether for travelers discovering Udaipur or locals seeking a refined night out, Ayana offers moments that stay with you.”

Ayana embodies the spirit of Udaipur Marriott Hotel, combining authenticity, artistry, and modern luxury to create unforgettable moments for both residents of Udaipur and travelers from around the world. At Ayana, the view is breathtaking, but the memories you make are even more enduring.

Israel Unveils New Hiking Trails at Timna Park A Desert Gem Awaits Indian Travellers

India, 16th October 2025: As Israel welcomes the High Holidays and the start of the hiking season, the Society for the Protection of Nature in Israel (SPNI) and Timna Park have announced the inauguration of newly marked hiking trails, adding fresh energy to one of the country’s most breathtaking natural reserves.

Timna Park from a drone. Photo - courtesy of Timna Park_1

Located in the southern Arava near Eilat, Timna Park is often called Israel’s “desert crown jewel”, a surreal landscape of copper-hued cliffs, rare rock formations, ancient mines, and remarkable archaeological discoveries. Among its most celebrated treasures is the Purple Cloth, a rare textile dating back to the era of King David and King Solomon, offering a tangible link to the region’s biblical past. The newly completed trail project, developed in collaboration with SPNI and the Israel Nature and Parks Authority, introduces circular routes for families and adventure trails for seasoned trekkers, including the 24-km “Around Timna” trail, which encircles the park’s most iconic viewpoints.


“The story of Timna Park, as told through discoveries like the Purple Cloth, connects nature with Israel’s deep heritage,” said Sagi Raz, CEO of Timna Park. “With these new trails, we invite everyone,  from soldiers to students to visiting travellers, to experience the magic of the Arava Desert and rediscover the beauty of our land.”

A Hiker’s Paradise Reimagined

A new trail map now highlights all marked paths, their corresponding difficulty levels, and key points of interest. Itzik Ben-Dov, Trail Marking Coordinator at SPNI, explained that the project’s goal was to create a more flexible and eco-sensitive trail system, offering short scenic loops, long-distance routes, and improved connectivity between existing trails, all while minimizing vehicle use and environmental impact.
“Every decision was made with conservation in mind,” Ben-Dov shared. “Visitors can now enjoy the perfect balance between accessibility and preservation, whether they’re here for a casual family outing or a challenging desert hike.”

Beyond Hiking: A Haven for Cyclists and Nature Lover

Timna Park is also a cycling hotspot, featuring nearly 70 km of dedicated biking trails developed in collaboration with the Eilot Economic Company, Israel Ministry of Tourism, and the Jewish National Fund.
Local guide Ron Bernstein (“Ranger Ron”) shared that several new circular trails now begin at Copper Lake, winding past natural icons like the ‘Sphinx’ and Solomon’s Pillars. Two new ascent routes lead up to Mount Timna, while other additions include the ‘Mushroom and a Half’ and Nahal Mangan circuits, each weaving together Timna’s unique geology, history, and desert serenity.

We wanted to connect every corner of the park with continuous, circular experiences,” Bernstein noted. “Now, visitors can explore Timna’s vast landscapes, from ancient copper mines to panoramic peaks, without retracing their steps.”

Nature, Heritage, and Sustainability in Harmony

For decades, the Israel Trails Committee, led by SPNI, has been dedicated to making Israel’s natural beauty accessible through well-marked and safe routes. Shavit Saar Weksler, Director of the Committee, described Timna’s renewed trail system as part of a national effort to create sustainable, family-friendly hiking experiences.
“Trail marking isn’t just navigation, it’s our way of connecting people to the landscape,” Weksler said. “Our goal is for every visitor, whether from Israel or abroad, to find trails that match their interests and discover the country’s incredible natural and cultural richness.”

Echoing the sentiment, Golan Reeder, Director of the Southern Arava Region at the Nature and Parks Authority, added that the year-long planning process prioritized both visitor safety and ecosystem protection. “Unused trails were removed, circular paths were added, and every route was designed to tell a story, geological, archaeological, or historical, while preserving the fragile desert ecosystem,” he said.

For Indian Traveller

With the growing number of Indian travellers exploring Israel beyond the holy and historic, Timna Park offers a rare opportunity to combine adventure, nature, and culture in one destination. Whether it’s a family-friendly desert walk, a cycling expedition, or a photography-filled day trip from Eilat, the park’s new trails promise an unforgettable glimpse into Israel’s ancient desert soul.

Understanding the Agro Economy: The Backbone of Sustainable Growth

agro economy

Pic Credit: Pexel

Introduction to the Agro Economy

The agro economy encompasses a vast array of activities and sectors directly related to agriculture’s contribution to economic and social development. It not only refers to the traditional agricultural practices but also includes allied industries such as food processing, agrochemicals, and agricultural machinery. In developing and emerging economies, particularly India, the agro economy plays a critical role in driving growth and improving the standard of living. This sector is a pivotal contributor to the overall Gross Domestic Product (GDP), emphasizing the significance of agriculture and agro-based industries.

India, with its diverse agro-climatic conditions, hosts an extensive range of crops and agricultural practices. The agro economy in this region comprises various components such as crop production, livestock farming, and fishery-related activities, which all contribute to enhancing food security and nutritional standards. Furthermore, the sector has become instrumental in generating rural employment opportunities, thereby contributing to the socio-economic upliftment of rural communities.

The importance of the agro economy extends beyond mere economic metrics. It embodies the principles of sustainable development by ensuring that agricultural practices are not only profitable but also environmentally friendly. With the growing demand for food due to population growth, the agro economy must adapt by embracing sustainable farming techniques. This will not only help in meeting the global food security challenges but also alleviate poverty levels in rural areas. Thus, understanding the agro economy is crucial for devising policies and strategies aimed at fostering sustainable growth and ensuring equitable resource distribution. As the backbone of numerous economies, the agro economy serves as a steering wheel for achieving long-term developmental goals.

Understanding Agricultural Economics

Agricultural economics is a crucial discipline that examines various economic aspects of agriculture, focusing explicitly on production, distribution, and consumption of agricultural goods. This field integrates core economic principles to analyze how agricultural resources are utilized, ensuring optimal productivity and sustainable growth within the agro-economy. By employing a range of economic theories and quantitative methods, agricultural economics enables stakeholders, including farmers, policymakers, and researchers, to make informed decisions regarding resource allocation and agricultural practices.

The scope of agricultural economics extends beyond mere production methods; it encompasses the intricate interplay of market forces, technological innovations, and environmental factors that influence agricultural output. For example, the application of econometric models helps determine the most effective practices for maximizing yield while minimizing costs. Furthermore, agricultural economists assess the impact of government policies, subsidies, and international trade agreements on the agricultural sector, guiding policy formulation that enhances food security and promotes equitable resource distribution.

Food economics, a critical subset of agricultural economics, plays a vital role in understanding food production and consumption patterns. This area of study focuses on analyzing supply and demand dynamics, studying consumer behavior, and exploring the impact of economic variables on food prices. By understanding these patterns, stakeholders can make better decisions regarding food production strategies, marketing, and distribution channels, ultimately contributing to the sustainability of the entire agro-economy.

In summary, agricultural economics serves as the foundation for optimizing agricultural production and ensuring sustainable growth. Through the lens of economic theory and quantitative analysis, this discipline provides essential insights into resource allocation, market behaviors, and policy implications, making it indispensable for addressing the challenges faced by the agricultural sector today.

agro based industries

Pic Credit: Peexl

The Role of Agro-Based Industries

Agro-based industries play a pivotal role in shaping the agro economy, significantly influencing agricultural productivity and rural development. These industries primarily focus on processing raw agricultural materials into valuable products, thus providing essential services that entice economic growth and employment. In India, various types of agro-based industries contribute to the overall economy, bolstering the livelihoods of countless individuals in rural areas.

One major category includes input manufacturing units, which produce fertilizers, pesticides, and seeds. These inputs are crucial for enhancing farm productivity and ensuring sustainable agricultural practices. By supplying farmers with necessary resources, these units help improve crop yields and quality, directly impacting the agro economy and food security.

Another vital sector consists of produce processing units, which focus on transforming raw agricultural products into consumable goods. This includes activities such as milling grains, dairy processing, and fruit preservation. These units not only extend the shelf life of perishable items but also add value, thus increasing the overall profitability for farmers. Through these processes, they efficiently enhance rural infrastructure by creating jobs and boosting local economies.

Produce manufacturing units encompass industries involved in the production of packaged foods and other consumer goods derived from agricultural inputs. These units contribute to a diversified agro economy by catering to the growing demand for processed products, facilitating innovation while generating employment opportunities across various demographics.

Lastly, agro-service centers provide necessary support services, such as equipment rental, technical assistance, and agricultural consultancies. These centers empower farmers with knowledge and tools essential for modern farming, contributing significantly to productivity and sustainability.

Ultimately, agro-based industries not only enhance the agro economy but also create a ripple effect, fostering rural development and improving the quality of life for many communities.

Challenges Facing the Agro Economy and the Path Forward

The agro economy faces a myriad of challenges that threaten its sustainability and growth. Among the most pressing concerns is climate change, which has caused unpredictable weather patterns that adversely impact agricultural productivity. Crop failures and livestock losses due to extreme weather events not only affect food security but also reduce income for farmers, creating a ripple effect throughout the economy.

Another significant challenge is the lack of adequate infrastructure. Many regions, especially in developing countries, suffer from poor transportation networks, inadequate storage facilities, and insufficient access to markets. This infrastructural deficit hinders farmers’ ability to reach consumers effectively, resulting in high post-harvest losses and limited market access. Without proper infrastructure, the potential of the agro economy remains severely untapped.

Price volatility is also a significant concern within the agro economy. Fluctuating prices for crops and livestock can leave farmers in precarious positions, resulting in inconsistent income and making it difficult for them to plan for the future. Moreover, low mechanization levels in agriculture further exacerbate these issues, as traditional farming methods are often less efficient and yield lower outputs, affecting overall productivity.

To address these challenges, it is crucial to implement targeted policy reforms that empower farmers and incentivize sustainable practices. Increased investment in research and development can drive innovation, leading to the adoption of climate-resilient agricultural practices and technologies. Furthermore, building robust infrastructure and enhancing access to markets are essential steps toward boosting the agro economy’s resilience. By addressing these challenges through collaborative efforts among stakeholders, it is possible to foster sustainable growth and ensure the long-term viability of the agro economy.

Cashify Announces ‘Dhamaka Sale’ with Up to 50 percent Off on Refurbished Devices

India October 16, 2025: Cashify, India’s leading re-commerce marketplace, today announced the launch of its highly anticipated ‘Cashify Dhamaka Sale’, starting October 17th. The sale promises up to 50% off on a wide range of high-quality refurbished smartphones, including popular iPhone models starting at just  24,999.

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With the ongoing festive season, Cashify is making premium smartphones more accessible than ever, ensuring consumers can upgrade without stretching their budgets.

This sale builds on Cashify’s recent momentum as an exclusive reseller partner for leading brands, including Apple, Google, Samsung, and Xiaomi, reinforcing its position as India’s most trusted platform for certified refurbished gadgets.

“India’s appetite for premium tech is growing fast, but affordability remains the deciding factor. With the Dhamaka Sale, we’re bridging that barrier by making premium smartphones accessible to everyone,” said Nakul Kumar, Co-founder & CMO, Cashify. “For those who held back during earlier sales, the Dhamaka Sale offers a second opportunity to get those flagship-grade devices at prices that make upgrades desirable and feasible.”

With this sale, Cashify continues to strengthen its position as the go-to destination for reliable refurbished gadgets. Each device on the platform undergoes a rigorous 32-point quality check 

and comes with up to a 12-month warranty and a 15-day refund window, ensuring a stress-free experience.

Midwest Limited IPO subscribed to 1.84 times overall on Day 1

India, 16th october 2025: The Initial Public Offering of Quartz Processor, Midwest Limited, India’s largest producer of Black Galaxy and Absolute Black granite has been fully subscribed to 1.84 times on the first day of bidding, demonstrating strong demand from retail and non-institutional investors for this IPO.

The issue received bids of 57,33,840 shares against the offered 31,17,460 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional Portion were subscribed 1.60 times and 4.17 times, respectively. Qualified Institutional Buyer (QIB) subscribed 0.50 times, and the Employee Portion was subscribed 2.54 times.

The issue kicked off for subscription on Wednesday, October 15, 2025 and will close for subscription on Friday, October 17, 2025.

A day before the opening of the issue, Midwest Ltd had raised Rs 135 crore from anchor investors. Some of the marquee institutions that participated in the anchor include Goldman Sachs India Equity Portfolio, Edelweiss Life Insurance Company, Axis Mutual Fund Trustee – Axis Mutual Fund Small Cap Fund, Sun Life Aditya Birla India Fund, Kotak Mahindra Trustee – Kotak Consumption Fund, Edelweiss Trusteeship – Edelweiss Recently Listed IPO Fund, ITI Muti Cap Fund, Svadha India Emerging Opportunities Scheme 1.

Leading brokerage firms like Aditya Birla Money, BP Wealth, and Ventura Securities have given a “Subscribe” rating to the issue highlighting the company has a legacy of more than four decades in the extracting and processing dimensional granite, particularly black galaxy and absolute black varieties. It is India’s largest producer of black galaxy and black granite stones, and held a share of approximately 64% of the Indian export market for the export of black galaxy stone during FY25. The company’s absolute black granite production accounted for 15.7% of the overall black granite production in India during FY25. In addition to natural stone business, the company also manufactures diamond wire, which caters to both captive consumption and market demand of the Indian mining and construction industry.

On the valuation front, at the upper end of the price band, the issue is valued at a P/E of 30 times. The company’s diversification into quartz and HMS segments positions it to tap into high-growth industries like solar glass, electric vehicles (EVs), aerospace, and semiconductors. This strategic shift aligns well with India’s push for self-reliance and comes at a pivotal time amid global supply chain disruptions. The report highlights these new verticals will make a meaningful contribution to the company’s revenue and ensure profitability over time. 

Dam Capital Advisors, Intensive Fiscal Services and Motilal Investment Advisors are the book-running lead managers, and Kfin Technologies Limited is the registrar of the issue.

Goa Unveils Visionary Tourism Roadmap at National Conference in Udaipur

Goa, 15th October 2025: The  Minister for Tourism, Government of Goa, Shri Rohan A. Khaunte, represented the state at the National Conference of State and Union Territories Tourism Ministers held in Udaipur, Rajasthan on 14th–15th October 2025. The two-day conference, organised by the Ministry of Tourism, Government of India, was graced by Shri Gajendra Singh Shekhawat, Union Minister of Culture and Tourism, and brought together Tourism Ministers, Secretaries, and senior officials from across India to deliberate on policies, strategies, and coordinated initiatives to strengthen India’s tourism ecosystem.

Goa Showcases Visionary Tourism Roadmap at the National Tourism Ministers’ Conference in Udaipur 1

The Goa delegation included Shri Kedar Naik, Director of Tourism, and Shri Shawn Mendes, OSD to the Minister for Tourism.

The conference served as a strategic platform to discuss draft frameworks on the Development of 50 Tourist Destinations, Performance Linked Incentives (PLI), and the Integrated Tourism Promotion Scheme (ITPS)  all designed to position India as a holistic tourism destination in both domestic and global markets.

Speaking at the conference, Shri Rohan A. Khaunte stated,

“Goa’s tourism vision is rooted in regenerative practices that balance economic growth with environmental preservation and community well-being. As we begin the 2025–26 season, Goa is expanding its international connectivity and diversifying its offerings. Our new destination development projects in Pernem and Canacona will redefine Goa’s tourism landscape by fostering community and economic growth while upholding our commitment to sustainability. Through technology-enabled tourist safety and a visitor-first approach, we aim to deliver transformative experiences inspired by our philosophy of Atithi Devo Bhava.”

Goa’s presentation highlighted two flagship projects  the Mega Performance Arena at Mandrem (Pernem) and the Lord Parshuram Statue and Museum with the Lifescape Project at Loliem (Canacona) — envisioned as transformative hubs to enhance visitor experiences, generate employment, and strengthen Goa’s global positioning.

The Mega Performance Arena, a 20,000-seat state-of-the-art facility, will serve as a flexible, multi-use venue for international concerts, conventions, cultural festivals, and entertainment events — establishing Pernem as a northern tourism gateway.

The Lord Parshuram Statue and Museum, together with the Lifescape Project, will be developed as a cultural and spiritual landmark celebrating Goa’s mythological heritage. Featuring storytelling zones, scenic viewpoints, and curated exhibits, the project will anchor hinterland tourism growth in South Goa and advance the state’s “Goa Beyond Beaches” vision.

Shri Kedar Naik, Director of Tourism, remarked,

“The Udaipur conference provided an excellent opportunity to align Goa’s regenerative tourism model with the national strategy. Our focus is on strengthening Goa’s identity as a year-round experiential destination through infrastructure enhancement, heritage conservation, and digital solutions for safety and engagement. Projects like the Mega Performance Arena and the Lord Parshuram Museum will create new economic opportunities for local communities while positioning Goa on the world tourism map.”

During the plenary and technical sessions, Goa showcased its long-term regenerative tourism strategy, focused on sustainability, community participation, digital innovation, and infrastructure development.

The Minister also highlighted Goa’s strong start to the 2025–26 tourism season, marked by the arrival of the first charter flight and enhanced international air connectivity. With three new weekly flights from Novosibirsk to MOPA, nine weekly Aeroflot flights from Moscow, Yekaterinburg, and Novosibirsk, and upcoming charter operations from Kazakhstan starting 25th October 2025, Goa continues to strengthen its presence in key source markets.

Goa’s roadmap is anchored on seven strategic pillars:

  1. Eco & Nature-Based Tourism

  2. Goan Backwaters

  3. Heritage & Culture

  4. MICE Tourism

  5. Adventure Tourism

  6. Leisure & Entertainment

  7. Spiritual, Wellness & Medical Tourism

The state reaffirmed its commitment to technology-enabled tourist safety, seamless visitor experiences, and community-centered development, aligning with India’s broader tourism growth agenda.

Through its participation in the National Tourism Ministers’ Conference, Goa reaffirmed its role as a key stakeholder in shaping India’s tourism future — driving towards a vibrant, resilient, and globally competitive tourism ecosystem built on the principles of sustainability and inclusivity.

Xoriant cements its leadership in Multi-Cloud Digital Transformation; Attains Salesforce Global Summit Partner Status

Sunnyvale, CA| Pune, India — 16 October, 2025 — Xoriant, a global engineering and technology services company, today announced that it has officially advanced to the Global Summit Partner level within the Salesforce ecosystem, the highest recognition awarded to partners worldwide, via its subsidiary Fexle. This milestone reinforces Xoriant’s commitment to accelerating digital transformation across industries and multi-cloud environments by combining Salesforce’s pedigree with Xoriant’s applied intelligence approach and deep engineering expertise.

As a Salesforce Global Summit Partner, Xoriant joins an elite group of organizations globally recognized for their proven expertise, scale, and innovation across Salesforce’s multi-cloud offerings. It reflects a strong delivery track record, certified experts, and measurable customer success, bringing together consulting, design, engineering, and managed services expertise under one roof.

“Our elevation to Global Summit Partner is testament to the value we are realizing for our customers,” said Mukund Rao, President, Xoriant. “Together with Salesforce, we are helping enterprises simplify processes, unlock agility, and turn their transformation goals into measurable business impact.”

As a Global Summit Partner, Xoriant will further strengthen its strategic collaboration with Salesforce by bringing together:

· A global delivery model that connects strategy, design, and execution seamlessly.

· Proven multi-cloud and industry expertise across Manufacturing, Hi-Tech, Financial Services, and Healthcare.

· A unified Salesforce Center of Excellence, integrating AI, Data Cloud, MuleSoft, and Industry Cloud capabilities to deliver next-generation transformation programs.

· Closer alignment with Salesforce field and partner teams across geographies, enabling faster innovation and joint go-to-market initiatives.

This advancement builds on Xoriant’s expanding Salesforce practice, which has delivered end-to-end platform modernization, AI-driven personalization, and industry-specific solutions to enterprises globally.

At Dreamforce 2025, Salesforce’s flagship global event, Xoriant will showcase its latest industry relevant and intelligent solutions, including Health Sight, Wealth View, User Intel, and others, which are designed to help enterprises unlock agility through AI-driven digital engineering, data modernization, and secure multi-cloud transformation.