Bagchi-Sri Shankara Center opens in Odisha

Chief Minister Naveen -Patnaik inaugurated the Bagchi-Sri Shankara Cancer Centre and Research Institute on Thursday, a 750-bed hospital spread across 22 acres at Info Valley-II on the outskirts of the city.

JSW pours Rs 65,000 crore into Odisha steel, cement plants

JSW Group has unveiled ambitious plans to invest Rs 65,000 crore in Odisha, encompassing the establishment of an integrated steel unit, a power plant, a cement factory, and a port facility, according to a statement released by the company on February 16.

PM MODI LAUNCHES NLC'S 300 MW SOLAR PROJECT

Costing Rs 1,756 crore, is set to complete by September and has secured a tariff agreement of Rs 2.52 per unit for 25 years with Rajasthan Urja Vikas Nigam Ltd for affordable power supply to government entities.

No more Paytm FASTags, Highway authority delists payment bank

Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), has advised highway users to purchase FASTags from 32 authorized banks, excluding Paytm Payments Bank, for seamless travel experiences.

Goldman Sachs predicts 6%+ growth for Indian economy

India's economic growth trajectory may surpass 6 percent for the remainder of the decade, potentially attracting increased investments from China, according to Santanu Sengupta, Goldman Sachs Group Inc.'s India economist.

INDIA'S TECH SECTOR SLOWS DOWN, REACHING $253.9 BILLION IN FY24

India's technology industry is anticipated to see a slower growth rate, with revenue expected to reach $253.9 billion by the end of the fiscal year 2024, according to the Annual Strategic Review report by the National Association of Software and Service Companies (NASSCOM), released on February 16.

India leads AI adoption, 59% of businesses using it

A recent study conducted by IBM has revealed that Indian companies are at the forefront of adopting Artificial Intelligence (AI) technology.

INDIA GREENLIGHTS €84,560 CRORE DEFENCE EQUIPMENT PURCHASE

DAC approved key proposals including new anti-tank mines, air defense radar, torpedoes, maritime reconnaissance aircraft, flight refuelers, and radios, bolstering Indian Navy and Coast Guard capabilities.

Ex-Navy officer scammed of Rs 68 L in fraud scheme

A Bhopal resident, and exNavy officer, fell victim to an elaborate scam orchestrated by fraudsters based in Mumbai, resulting in a loss of Rs 68 lakh.

Logicknots Unveils Landmark P'ship to Elevate Semiconductor Design for Education & Skill Development

In a significant step toward advancing semiconductor design education and skill development, Logicknots India Private Limited has entered into a strategic partnership with the National Skill Development Corporation and IIT Guwahat.

OVER 8 LAKH VEHICLES PLY ON ATAL SETU IN OVER ONE MONTH

The recently inaugurated Atal Bihari Vajpayee Mumbai Trans Harbour Link (MTHL) sea bridge has recorded traffic of over 8 lakh vehicles as of now, as per the Mumbai Metropolitan Region Development Authority.

BITS Pilani ventures into design education, unveils BITS Design School in Mumbai

BITS Pilani has announced the establishment of BITS Design School (BITSDES), a pioneering initiative aimed at creating a forward-looking design institution that integrates technology, business acumen, and entrepreneurial spirit into design education.

SUPREME COURT: ELECTORAL BONDS NOT THE ONLY WAY TO CURB BLACK MONEY, THERE ARE ALTERNATIVE MEANS WHICH ARE LESS RESTRICTIVE

The Supreme Court in the case observed that the purpose of curbing black money is not a sufficient justification to anonymise the identities of donors and the details of the contributions in the electoral bonds scheme.

Supreme Court Explains: Principles To Be Followed By Appellate Courts In Declining Appeals From Acquittal

The Supreme Court in the case Mallappa and Ors. Versus State of Karnataka observed that if the appreciation of evidence leads to two possible views, then the decision of the Trial Court wherein it acquitted the accused could not be reversed by the Appellate Court merely because there exists another view that led to the conviction of the accused.

INDIA KEY PARTNER WITH US IN SOUTH ASIA, SAYS AMERICAN OFFICIAL

The Biden administration has emphasized India's pivotal role in South Asia, highlighting collaborative efforts to implement a multi-billion-dollar climate infrastructure plan.

Tata Group and Uber explore Digital engagement partnership

The is engaging in talks with Uber Technologies to forge a strategic alliance focused Ion boosting traffic volumes and enhancing engagement on Tata's digital platform.

Kerala govt to revise pricing mechanism for supplyCo

The Kerala government it decided to make changes to the pricing mechanism of Supply Co with regard to the subsidised items to help it reduce its losses.

UK SPACE AGENCY ALLOCATES £7.4 MILLION FOR SPACE MISSIONS

According to the statement, the funding will allow various UK institutions to work with space agencies like ISRO (Indian Space and Research Organisation) and NASA (National Aeronautics and Space Administration).

Taiwan boosts Defence spending by 24.2% amid rising Chinese threat

Taiwan's defense expenditure surged by 24.2 percent in 2023 compared to the previous year, as per the annual global military report released by the London-based think tank, International Institute for Strategic Studies (IISS), as reported by Taiwan News.

Redington anticipates surge in demand for AI-Powered PCs

A senior executive at And Redington, a tech goods distributor in India, anticipates a resurgence in demand for personal computers in the upcoming financial year. This is attributed to customers' increasing interest in new devices incorporating artificial intelligence features.

RIL IN TALKS TO ACQUIRE DISNEY'S STAKE IN TATA PLAY

The oil-to-telecom conglomerate is looking to buy Walt Disney's 29.8%stake in the loss-making Tata Playas it seeks to offer its entire

Tractor industry sales expected to drop 5% amid agri slowdown

The tractor industry is likely year to a 5 percent decline in volumes over the previous year as tractor sales continue to slip owing to a slowdown in agricultural activities led by a delayed harvesting season as well as lower rabi sowing.

23K+ BENEFICIARIES BENEFIT FROM AYUSHMAN BHARAT SINCE 2018: AIIMS

Over 23,000 beneficiaries have availed of benefits under the Ayushman Bharat health insurance scheme at AIIMS Delhi since September 2018

India needs 30 trillion to hit 2030 green energy goals

According to Pradip Kumar, Chairman and Managing Director of the Indian Renewable Energy Development Agency Limited (IREDA), India's Nationally Determined Contributions (NDCs) under the Paris Agreement will necessitate investments of Rs 30 lakh crore by 2030. Kumar highlighted this during an international webinar organized by the World Bank on February 15.

CAIT seeks 1-year delay in MSME payment rule

The Confederation of All India Traders (CAIT) has advocated for a one-year postponement in the implementation of a new rule mandating timely payments to Micro, Small, and Medium Enterprises (MSMEs).

KV FEES GO CASHLESS, PAY WITH PHONEPE, GOOGLE PAY NOW

The National Payments - Corporation of India (NPCI) subsidiary, Bharat BillPay Ltd (NBBL), has announced a new collaboration that allows students of Kendriya Vidyalayas (KVS) in India to pay their school fees conveniently through BHIM UPI or Bharat BillPay-enabled UPI mobile apps like Google Pay or PhonePe.

OYO jumps into sports game, eyes 100 hotels in key cities

In a strategic move to diversify its offerings, leading hospitality and travel-tech firm OYO has announced its entry into the sports hospitality sector, unveiling plans to extend services to accommodate participants and attendees of major sports events.

EXPORTS POST 3.12 % GROWTH IN JAN'24 AT $ 36.92 BN ON ENGG, ELECTRONIC GOODS BOOST

India's merchandise exports in January 2024 registered 3.12 percent year-on-year growth at USD 36.92 billion over USD 35.80 billion in Jan 2023, driven mainly by petroleum products, engineering goods, iron ore, electronic goods, drugs and pharmaceuticals. Merchandise imports in January 2024 were USD 54.41 billion, as compared to USD 52.83 billion in January 2023.

Moody's Upgrades Rating On 4 Adani Group Firms

Moody's Investors Service has affirmed the ratings on eight Adani Group companies. It changed the outlook on four of the Group companies to stable from negative and maintained the stable outlook on the other four companies.

LABOUR CONTRACTOR FATALLY ATTACKED FOLLOWING HEATED DISPUTE; 6 BOOKED

A 30-year-old labour contractor has been killed allegedly by six persons in Navi Mumbai township of Maharashtra following a dispute over a 'Mathadi' site of headload workers, police said on Wednesday.