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'India's first semiconductor factory to start operating within a year'
India is on the cusp of realizing its vision for a domestic electronic chip manufacturing plant, with Union Telecom and IT Minister Ashwini Vaishnaw predicting its establishment within the next year
NSE expands commodity derivatives offerings
The National Stock Exchange (NSE) has significantly broadened its commodity derivatives portfolio by introducing 13 new contracts, expanding its product offerings in this segment
India and Gulf to begin free trade talks soon Cooperation Council
Negotiations for a free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) are set to resume, with both sides having appointed their chief negotiators
WPI INFLATION STAYS NEGATIVE FOR 6 MTHS, MORE M-O-M FALL LIKELY AHEAD, SAYS ANALYSTS
The WPI moderated its deflation to 0.3 per cent from 0.52 per cent recorded in August, 2023, the Commerce Ministry said on Monday
'Aditya-L1 to reach Lagrange Point 1 by mid-Jan'
Indian Space and Research Organisation (ISRO) Chief S. Somnath said on Sunday that India’s first solar mission, the Aditya-L1 spacecraft, will reach Lagrange Point 1 (L1) by mid-January.
Delhi AQI hits 245, classified as 'Poor' category
On a Sunday morning in the national capital, Delhi, the air quality was assessed as ‘poor,’ registering an Air Quality Index (AQI) of 245. The System of Air Quality and Weather Forecasting and Research (Safar) in India reported that near Anand Vihar, the AQI was recorded at 345, categorized as ‘very poor.’
NOIDA SCHOOL STUDENTS BOOKED FOR ASSAULTING AND MOLESTING CLASSMATE
Five students have been booked for assaulting and molesting a fellow classmate on school premises in Noida, prompting an investigation, as per the police on Sunday.
VIVO MONEY LAUNDERING CASE: DELHI HC UPHOLDS ED CUSTODY OF CHINESE NATIONAL
The Delhi High Court has refused to intervene with a trial court court sending a Chinese national Guangwen, also known as Andrew Kuang, in three-day Enforcement Directorate (ED) custody regarding a money laundering case against Chinese smartphone manufacturer Vivo.
Kalam: An inspiration, for aeons to come
We 92 years ago, in a quiet town that attracted thousands of pilgrims was born this great man we call Avul Pakir Jainulabdeen Abdul Kalam.
Bangladesh's economy on right track, says IMF
The Bangladesh government's comprehensive approach to tackling the financial crisis has garnered praise from the International Monetary Fund (IMF), as reported by the Dhaka Times. The IMF commended the nation's efforts in steering the economy in the right direction, particularly in controlling inflation and effectively addressing macroeconomic challenges in a challenging global environment.
INDIA'S MACROECONOMY SOUND, FISCALLY DISCIPLINED
The overall macroeconomic environment in India is pretty sound”, it is fiscally disciplined and the central bank moved fast to bring inflation under control, said the International Monetary Fund IMF).
E-waste growth: opportunity for tech manufacturers
Technology product producers claim that the increased output of e-waste presents a business opportunity for manufacturers. E-waste is any electronic device that has reached the end of its useful life for the user, is worn out, broken, or otherwise unusable. Device cables are among them.
Dream11 parent debuts dream cricket 2024 in India
The cricket World cup game mode in Dream Cricket 2024 enables users to play as one of the 10 international teams in a World Cup event and take part in competitions.
PVR Inox monthly subscription 'Passport' at Rs 699
Leading theater operator PVR INOX Ltd on Saturday unveiled a brandnew program called “PVR INOX Passport,” a first-of-its-kind movie subscription card designed to “irrigate the film industry” and encourage patrons to frequent theaters.
ADANI'S VIZHINJAM MEGA PORT: INDIA'S GLOBAL SHIPPING HUB
The Vizhinjam transshipment container port, which is close to the country’s southernmost tip, will enable India to take a larger share of the hitherto dominated international marine trade by China
Haryana govt approves residential to commercial plot conversion policy
The Haryana Municipal Urban Built-Plan Reform Policy, which would permit the conversion of residential plots into commercial inside planned schemes, has been authorized by the Haryana government to manage commercial operations in planned regions, according to officials.
Vande Bharat sleeper trains: unprecedented 'Wow' factor
Vand Tande Bharat sleeper train project: According to ICF GM BG Mallya, the new Vande Bharat sleeper train, scheduled to be presented somewhere in early 2024, will have the \"Wow\" factor that no other Indian Railways train has had to date.
NHPC expects Rs 788 cr loss from Sikkim floods
State-owned hydropower company NHPC on Saturday said it expects about Rs 788 crore loss or damage caused due to the Sikkim floods.
EXPORT DUTY ON PARBOILED RICE EXTENDED TO MARCH 2024
Non-basmati white rice exports were outlawed by the government in July in an effort to increase domestic supplies and control retail prices during the impending holiday season
Andhra CM inaugurates Infosys, Pharma units on Oct 16
Pradesh Chief Minister YS Jagan Mohan Reddy is all set to visit Visakhapatnam and Anakapalli district on October 16. The Chief Minister will inaugurate several Pharma units and Vizag Infosys.
India's space economy set to soar beyond $40B by 2040: Jitendra Singh
India’s space economy is poised to transcend the confines of our atmosphere, projected to reach an astonishing $40 billion by 2040. Union Minister Jitendra Singh underlined this ambitious trajectory, proclaiming that “sky is not the limit” for India’s space odyssey. His remarks were made during the Central University of Jammu’s Campus Dialogues, specifically focused on Chandrayaan-3, India’s lunar mission.
INDIA TARGETS 56.6 MTPA CRUDE OIL REFINING BY 2030
India, the world’s fourth largest refiner, will add as much as 56.6 million tonnes per annum (mtpa) of crude oil refining capacity in the next seven years of which 84 per cent will be through brownfield expansion.
India to push developed nations to become 'carbon negative' by 2050
India is taking a bold stance on climate action, urging developed countries to aim for carbon negativity rather than just carbon neutrality by 2050. This approach would afford emerging market economies, like India, more time to use fossil fuels for essential development needs, according to two sources within the Indian government.
FTA pact with UK critical for India's ambition to become mfg powerhouse
As India and the UK inch closer to sealing a free trade agreement, a forthcoming book says the pact is critical for India's ambition to become a manufacturing powerhouse while the UK seeks to clinch new deals to highlight the benefits of Brexit.
FINANCE MINISTER SITHARAMAN CALLS ON CORPORATES TO BACK SDGS
FM Nirmala Sitharaman exuded confidence that MDB reform process emanating from the G20 deliberations will prompt multilateral development banks (MDBs) to maximise investments into developing nations
TATA STARBUCKS UNVEILS FIRST ISLAND STORE IN ALIBAUG
Mumbai's coffee giant, TATA Starbucks, inaugurated its debut island store at the scenic Alibaug. This novel store format aims to serve Starbucks' renowned Arabica coffees to local patrons and quench the thirst of global travellers hunting for their cherished Starbucks drink.
Varanium Cloud's H1 net profit soars 265%, expands globally
Mumbai's tech firm, Varanium Cloud Limited, witnessed remarkable business growth, revealing a 265% YoY rise in its H1 FY23-24 net profit, registering Rs.96.25 crore, compared to Rs. 26.37 crore in H1 FY22-23.
HDFC Life Q2 net profit rises 15.3%, AUM up 18%
HDFC Life Insurance, a leading private sector insurer, announced a 15.3% year-on-year growth in its standalone net profit for the July-September 2023-24 quarter, reporting Rs 376 crore.
MUTHOOT FINCORP LAUNCHES RS 225CR NCD TRANCHE II
Muthoot FinCorp Limited, part of the Muthoot Pappachan Group, has announced its XVI Tranche II non-convertible debentures (NCDs) to raise up to Rs225 crore.
NIA CHARGES 12 FOR TIRIYA NAXAL ENCOUNTER
The National Investigation Agency (NIA) has recently filed a comprehensive chargesheet against 12 accused individuals in connection with the 2019 Tiriya encounter case. The case in Chhattisgarh that resulted in the deaths of 6 naxals and one civilian.