CATEGORIES

62nd network planning group meeting under PM GatiShakti discussed four infrastructure projects worth Rs 15,000 crore

The 62nd Network Planning Group (NPG) meeting under PM GatiShakti was held yesterday in New Delhi, under the chairpersonship of Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade (DPIIT), SumitaDawra.

CBDC HAS THE POTENTIAL TO REDUCE CROSS-BORDER TRANSACTION COST TO 2-3%: SECRETARY, DEPARTMENT OF ECONOMIC AFFAIRS

Addressing FICCI’s 96TH Annual General Meeting and Annual Convention, on the theme- ‘The World’s Growth Engine’, Mr Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, Govt of India, said that the Central Bank Digital Currency (CBDC) has the potential to reduce cross- border transaction cost to two-three per cent.

HIROKAZU MATSUNO ALLEGEDLY RECEIVED 10 MILLION YEN IN KICKBACKS

In a recent development that has sent shockwaves through Japanese politics, Chief Cabinet Secretary Hirokazu Matsuno, a prominent member of the ruling Liberal Democratic Party’s (LDP) largest faction, is under scrutiny for allegedly receiving over 10 million yen (USD 70,000) in kickbacks from fundraising events organized by his party group.

Maruti to launch 550 km range EV by March 2025

According to a report by Autocar India (ACI), Maruti Suzuki, the largest automobile manufacturer in the nation, is scheduled to launch the eVX, the nation’s first electric vehicle, in the Indian market in March of the following year.

94% parents concerned about Child's mental health from smartphone use

The mobile device manufacturer vivo and Cybermedia Research, 94% of parents are extremely concerned about the mental health of their kids as a result of their exposure to cellphones, and 91% of them want some restrictions on their access.

Adani Ports aiming for carbon neutrality by 2025

Gautam Adani, the chairman of the Adani Group, declared on Friday that by 2025, all of the company’s port operations will be carbon neutral.

TATA GROUP TO BUILD IPHONE FACTORY FOR APPLE'S INDIA EXPANSION

Those with knowledge of the situation claim that Tata intends to build the factory in Hosur, in the southern state of Tamil Nadu

559 cooperatives join GeM portal as buyers: Amit Shah

As of November 15, 559 cooperative societies have registered as buyers on the government’s public procurement system, Government e-Marketplace (GeM), enabling them to purchase items from thousands of MSMEs and other companies, as disclosed to Parliament by Cooperation and Home Minister Amit Shah.

10,000 fuel stations now offer EV Charging Nationwide

Electric vehicle charging stations are now available at almost 10,000 gas stations nationwide, indicating that conventional energy providers are determined to keep up with India’s swift transition to electric automobiles.

INDIA TARGETS 4,500 VANDE BHARAT TRAINS BY 2047: SCINDIA

The union minister went on to say that India will get its first highspeed bullet train between 2026 and 2027. He added that by the end of 2024, Navi Mumbai's second airport will be functioning

2nd Jan Vishwas Bill in the works to increase ease of compliance: Goyal

The Government is working on a second Jan Vishwas Bill to increase the ease of compliance for industry.

Govt nod to extra allocation of Rs 2500 cr for continuation of Interest Equalisation Scheme

In a significant relief for the stressed exporters in India, the Union Cabinet chaired by Prime Minister Narendra Modi on Friday, approved an additional allocation of Rs 2500 crore for continuation of the Interest Equalisation Scheme till 30th June 2024.

PM Modi kicks off Uttarakhand summit, Rs 44,000 Cr projects signed

Dehradun witnessed the grand inauguration of the Uttarakhand Global Investors Summit 2023 by Prime Minister Narendra Modi at the Forest Research Institute.

Govt makes mandatory for 100% foodgrains, 20% of sugar to be packed in jute bags

In another step towards self-reliance in consonance with ‘Aatmanirbhar Bharat, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, on Friday, approved reservation norms for mandatory use of jute in packaging for Jute Year 2023 -24 (1 July, 2023 to 30 June, 2024).

RBI STAYS ON DISINFLATIONARY TRACK, KEEPS REPO RATE INTACT AT 6.50%

Economic activity exhibited buoyancy in Q2 aided by strong domestic demand as GDP posted a robust growth of 7.6 per cent driven by investment and government consumption.

'India's digital economay to drive 20% of GDP by 2026'

Union Minister Rajeev Chandrasekhar, while addressing the 'Startup Conclave 2023' organized by the Gujarat government, emphasized India's digital transformation and its burgeoning role in the global tech landscape.

HOSPITAL STAFFER ARRESTED FOR ATTEMPTED INVASION OF PRIVACY

Mumbai police apprehended a hospital employee accused of attempting to secretly record a medical student while she was bathing at a local college.

WhatsApp panic: Misinformation sparks fear in Navi Mumbai

Navi Mumbai residents were sent into a panic after a WhatsApp message alleging the 'kidnapping' of minor children circulated widely in school groups and housing societies.

HC SEEKS TO KNOW FROM BMC IF THERE ARE ENCROACHMENTS ON KING GEORGE HOSPITAL PREMISES

The Bombay High Court has said it was anxious to avoid a situation where encroachments inside the King George V Memorial Hospital in central Mumbai increases so much that in future the entire facility may have to be converted into a slum scheme.

BOY KILLS 8-YEAR-OLD GIRL FOR TEASING HIM; HELD ALONG WITH HIS FATHER

\"During the investigation, the police found that the teenage boy was involved in the crime and a deeper probe confirmed that he himselfhad killed the girl,\" he said. \"During his interrogation, he told the police that he was annoyed with the victim as she used to tease him and he wanted to teach her a lesson.

DELHI HIGH COURT: SAFARIS AND PUBLIC ENTRIES IN SANCTUARIES MUST BE MINUTELY WORKED OUT TO ENSURE BALANCE BETWEEN ECO-TOURISM AND WILDLIFE PROTECTION

The Delhi High Court in the case Devinder v. The Lt. Governor and Ors observed and has stated that the safaris and public entries in wildlife sanctuaries are to be worked out very delicately and minutely in order to ensure a good balance between eco-tourism and the protection of wildlife.

IAI unveils new initiative to track greenhouse gas reduction of member firms

The International AluminThe e ium Institute (IAI) made a significant announcement on Thursday, unveiling a new initiative aimed at monitoring and advancing the efforts of its member companies in reducing emissions. Launched during the United Nations' Climate Change Conference (COP 28) in Dubai, this initiative has garnered support from major players in the aluminium industry, reflecting the sector's commitment to addressing its greenhouse gas emissions.

'We have big plans for Indian mkt': Top Saudi tourism official

The president of Asia-Pacific (APAC) markets of the Saudi Tourism Authority, Alhasan Aldabbagh, said foraying into the Indian market is the biggest ambition' of Saudi Arabia, and his country has big plans in that regard.

CASH-STRAPPED PAKISTAN SECURES $655 MILLION ADB PACKAGE

The Asian Development Bank (ADB) granted a financial package to Pakistan under three different loans

AMD launches AI solutions from data centers to PCs

Data centers and personal computers (PCs) are among the items that chipmaker AMD has introduced to capitalize on the rapidly expanding Artificial Intelligence (AI) market.

SpiceJet board mulls equity share issue for fresh capital

The airline SpiceJet, which financial difficulties for a number of quarters, announced on Thursday that its board is examining alternatives for obtaining additional funding by issuing preferred shares or convertible instruments.

Tata Motors, HDFC Bank partner for vehicle financing

Tata Motors announced that it has teamed up with HDFC Bank to provide its commercial vehicle clients digital financing options. According to a statement from Tata Motors, the two businesses have signed a Memorandum of Understanding (MoU) to this effect.

ADB Grants $98M loan for India's horticulture farmers

A USD 98 million loan has been authorized by the Asian Development Bank (ADB) to help Indian horticultural crop farmers have better access to certified disease-free planting materials, protecting them from the effects of climate change.

ADANI GROUP CHAIRMAN UNVEILS SUSTAINABLE INITIATIVES IN CEMENT INDUSTRY

Gautam Adani, the chairman of the Adani Group, stated that he anticipates the company to take the lead in the production of sustainable cement

J&K boasts job boom, 7.4 lakh self-employed since 2021

The of Home Affairs, responding to queries in the Rajya Sabha, disclosed that Jammu and Kashmir witnessed a significant upsurge in employment prospects and economic initiatives over the past couple of years.