Govt nod to Rs 7453 cr viability gap funding for wind energy projects

The Government has approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7453 crore, including an outlay of Rs 6853 crore for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and grant of Rs.600 crore for upgradation of two ports to meet logistics requirements for offshore wind energy projects.

India, Cambodia to deepen cooperation in UPI, pharma

India and Cambodia are looking at enhancing bilateral trade and investment and collaboration in Unified Payment Interface (UPI) pharmaceuticals, traditional medicine as the two countries look at creation of mechanism for cooperation and collaboration in sectors of mutual interest.

Tamil Nadu illicit liquor incident, death toll rises to 34, CM Stalin announces compensation

Tamil Nadu Chief Minister MK Stalin announced that 34 people have died from consuming toxic liquor in the Kallakurichi district, with officials warning that the number could rise further.

India Inc seeks capex drive, thrust on innovation, investment, tax simplification

Indian industry has sought sustained capex drive, prioritisation of innovation and investment in infrastructure, education and healthcare as well as continuation of tax simplification in the forthcoming Union Budget for 2024-25 during preBudget consultations with Finance Minister Nirmala Sitharaman on Thursday with industry leaders and associations.

GROWTH IS VITAL, BUT NOT AT THE EXPENSE OF UNACCEPTABLE RISKS, RBI GOVERNOR

Shaktikanta Das emphasized the need for vigilance and robust risk mitigation in business models to ensure long-term financial stability and prevent unacceptable risks

Rain lashes several parts of Mumbai; IMD issues yellow alert

Mumbai city on Wednesday woke up to cloudy skies and several parts of the city received rainfall in the morning.

LoP Vijay Wadettiwar writes to PM Modi, CM Shinde to resolve caste-based politics in state

Leader of Opposition in Maharashtra Legislative Assembly, Vijay Wadettiwar wrote to Prime Minister Narendra Modi and Chief Minister Eknath Shinde urging to resolve the caste-based politics in the state.

BMC headquarters receives bomb threat mail, police say 'nothing suspicious' found

The headquarters of the Brihanmumbai Municipal Corporation (BMC) in Mumbai received a bomb threat email, police said on Tuesday.

PIYUSH GOYAL REJECTS SPECULATIONS ON CHANGE OF LEADERSHIP IN MAHARASHTRA BJP

Union Minister and senior BJP leader Piyush Goyal rejected speculations on a change of leadership in the party's Maharashtra unit following the party's dismal performance in the recent Lok Sabha elections.

Nancy Pelosi to Xi Jinping: Dalai Lama's legacy endures

US House Speaker Nancy Peolsi who is part of a US bipartisan delegation, which met with the Dalai Lama on Wednesday launched a broadside against Xi Jinping, stating that while the legacy of the Tibetan spiritual leader will live forever, the Chinese President will be gone in a few years.

Over 200 arrested in kenya protests against tax hikes

More than 200 protesters were arrested in Kenya's capital, Nairobi, on Tuesday, amid ongoing demonstrations against proposed tax hikes detailed in a finance bill slated for parliamentary debate.

Tibetan Minister: Clear message to china after US delegation meets Dalai Lama

Following a meeting between a Congressional delegation from the United States and Tibetan spiritual leader Dalai Lama in Dharamshala, Tibetan leaders have reaffirmed their strong stance on international support for Tibet and conveyed a direct message to China.

G20 TO WORK FOR ADVANCING GOOD GOVERNANCE

The G20 was founded in 1999 after the Asian financial crisis as a forum for the Finance Ministers and Central Bank Governors to discuss global economic

Homi Lab launches Dr. Kalam future Lab for young innovators

Homi Lab inaugurated Lits first Dr. Kalam Future Lab at SMCP Sanskar Vidya Bhavan in Bharuch, Gujarat.

JLR to License Freelander for EV development on Chinese JV partner's platform

Tata Motors-owned Jaguar Land Rover on Wednesday said it has signed a letter of intent with its Chinese joint venture partner Chery to license the Freelander brand to their JV for development of electric vehicles in China.

UGRO capital successfully raises equity capital

UGRO Capital Limited (NSE: UGROCAP) (BSE: 511742), a leading Data Tech NBFC focused on MSME lending, today announced the successful completion of its equity capital raise and the allotment of Compulsory Convertible Debentures (CCD) and warrants worth INR 1,265 Crore.

Voltas AC: choose the perfect AC to beat the summer heat

Choosing the right air conditioner can be the difference between peaceful slumber and Ctioner can be the Ch restless, sweaty nights during the sultry summer months.

DOMESTIC DRUG MARKET TO HIT RS 5.5 TRILLION BY 2034: REPORT

The domestic pharmaceutical formulations market will be worth Rs 5.5 trillion by 2034 by growing at a compound annual growth rate (CAGR) of 10 per cent

Jaishankar, External Affairs Minister, Set for Official Visit to Sri Lanka

The Ministry of External Affairs announced on Wednesday that Union Minister S. Jaishankar is scheduled to embark on an official visit to Sri Lanka on June 20.

CM Vijayan Voices Disappointment to PM Modi Over Kuwait's Denial of Kerala Health Minister's Visit

Kerala Chief Minister Pinarayi Vijayan has expressed disappointment to Prime Minister Narendra Modi regarding the denial of political clearance by the Ministry of External Affairs for Kerala Health Minister Veena George to travel to Kuwait in the aftermath of the recent fire tragedy.

Delhi Must Get Water by 21st or Else, AAP Minister Atishi on Crisis

Amidst a political stand off over Delhi's water crisis, Aam Aadmi Party (AAP) Minister Atishi issued a stern warning on Wednesday, stating that if the national capital does not receive its rightful share of water by June 21st, she will initiate a 'Satyagraha'.

PM MODI INAUGURATES NEW CAMPUS OF NALANDA UNIVERSITY IN BIHAR

Prime Minister Narendra Modi inaugurated the new campus of Nalanda University in Rajgir, Bihar, on Wednesday.

Jaguar Land Rover teams up with Chery to build electric freelanderSUVs in China

Jaguar Land Rover (JLR), owned by Tata Motors, announced on Wednesday that it has signed a letter of intent with its Chinese joint venture partner, Chery Automobile Company Ltd, to license the Freelander brand for the development of electric vehicles (EVs) in China.

84% respondents positive about GST in 2024, call for rationalizing rates

A leading industry survey on the Goods and Services Tax (GST) regime which is set to complete seven years shows growing confidence in GST with about 84 per cent of respondents reporting a positive perception of GST in 2024, up from 72 per cent in 2023 and 59 percent in 2022 and about 73 percent of respondents citing competitive pricing as GST's greatest business operational benefit.

India ships record amount of seafood in FY24

India achieved an all-time high in seafood exports in volume during the financial year 2023-24, shipping 17,81,602 metric tons (MT) worth Rs 60,523.89 crore (USD 7.38 billion), according to the Ministry of Commerce and Industry.

Focus on good governance, strong infrastructure, clean energy key to India's future: Gautam Adani

Gautam Adani, chairman of the Adani Group, delivered a bullish assessment of India's post-pandemic development during his keynote address at the sixth annual Bloomberg India Economic Forum on November 11.

ECONOMISTS EMPHASISE REFORMS, PLI TO LABOUR INTENSIVE SECTORS

Finance Minister Nirmala Sitharaman's pre-Budget consultations focused on key recommendations such as reforms, inflation targeting, and job creation for the General Budget 2024-25

Discussion On Lok Sabha Speaker Post Held At Rajnath Singh's Residence

Rajnath Singh leads efforts to build consensus among alliance parties and opposition groups for the upcoming election of the Lok Sabha Speaker, amid considerations by the INDIA bloc to field their own candidate if Deputy Speaker norms aren't met.

Army Creates First-Ever Skin Bank For Soldiers In India

The Army Hospital (Research and Referral) in New Delhi unveiled a pioneering initiative on Tuesday with the inauguration of a state-of-the-art skin bank facility, marking a significant milestone within the Armed Forces Medical Services.

Taiwan To Receive 1,700 TOW 2b Anti-Tank Missiles From US

For Nocus Taiwan, Taiwan's Defense Minister Wellington Koo announced on Monday that the country will receive all 1,700 TOW 2B anti-tank missiles and 100 launchers purchased from the United States by the end of this year, following a two-year delay.