CATEGORIES

Navy rescues crew of drone-hit vessel in Gulf of Aden

Indian warship INS Kolkata has rescued 21 crew members, including one Indian national, after their Barbados-flagged cargo vessel was hit by a missile in the Gulf of Aden, a Navy spokesperson said on Thursday.

MODI'S FIRST VISIT TO KASHMIR SINCE ABROGATION OF ARTICLE 370 - Valley breathing freely, tourism flourishing: PM

Cites successful hosting of G20 meeting in J&K

Bajaj Allianz General launches GenAl bot 'Insurance Samjho'

Leading private general insurer Bajaj Allianz General Insurance on Thursday launched \"Insurance Samjho”, a Generative AI powered bot designed to simplify insurance complexities for customers.

Electoral bonds: SC to hear contempt plea on March 11

The Supreme Court (SC) on Thursday said it will hear the contempt plea by the NGO Association for Democratic Reforms (ADR) against the State Bank of India (SBI) on March 11 in the electoral bonds case.

CBI conducts searches in 7 cities in Raj, Maha

The CBI conducted searches at 67 locations in seven cities of Rajasthan and Maharashtra in connection with the ₹820crore IMPS scam in UCO bank, officials said on Thursday.

IIFL Fin's lending partners mull options to grow gold loan book

IIFL Finance's co-lending partner banks for gold loans are reviewing the arrangements and exploring various options, including inorganic routes, to grow the gold loan book.

Monitor end use of funds for business cards: RBI

No need of approval for co-branded cards

Inter-ministerial panel pitches for higher tax on coal imports

An inter-ministerial committee (IMC) led by the coal ministry on Thursday suggested that GST compensation cess should be imposed on an \"ad valorem\" (according to value) basis so that it is directly related to the price and quantity of coal, instead of a flat rate of ₹400 per tonne.

India, Asean review: PSRS, mkt access likely on table

The bloc seeks liberal product-specific rules in electronics and chemicals

Drop in onion, potato output; tomato slightly up: Govt data

Onion and potato production is expected to be down in the 2023-24 crop year, while the tomato output could be marginally higher, the Department of Agriculture's first advance estimates of horticultural output released on Thursday showed.

Moody's raises FY24 growth forecast to 8%

'India to be the fastest-growing economy among G20 countries'

'NITI for States' digital platform to foster Centre-state synthesis

In an effort to strengthen cooperation between the Centre and states in achieving growth objectives, Information Technology Minister Ashwini Vaishnaw unveiled the NITI for States (NFS) digital platform on Thursday.

'Household spending may grow 6.7% in'24 on mild inflation, income surge'

Supported by growing domestic demand, a low unemployment rate, moderating inflation and an expected recovery in international tourism, the real household spending in India is expected to grow by 6.7 per cent in 2024, up from 5.7 per cent estimated in 2023, according to a report released on Thursday by BMI Research, a unit of Fitch Solutions.

Surprise GDP surge driven by more than one factor, says CEA

8.4% growth largely due to base effect of subsidies: Nageswaran

HC issues contempt notice to Go First RP

RP hands over maintenance to lessor

SC dismisses JKC plea opposing sale of 3 aircraft to Ace Aviation

The Supreme Court on Thursday dismissed a plea by Jalan Kalrock Consortium (JKC), the successful bidder for Jet Airways, challenging the National Company Law Appellate Tribunal (NCLAT) order permitting the sale of three aircraft of the grounded airline to Maltabased Ace Aviation.

Apex court junks MMT petition against Google

The Supreme Court on Thursday dismissed a plea by online travel agency MakeMyTrip (MMT) against Google over the misuse of its trademarks \"keywords\" as on the tech giant's ads programme to display links to its rival Booking.com

Starlink's India signal may take longer to connect

The time for Starlink to receive government approval to begin satellite services in India is expected to get longer on account of a China factor.

Oyo parent to launch 13 premium hotels

Oravel Stays, the parent company of hospitality major Oyo, on Thursday announced plans to launch 13 premium hotels under the Palette brand by the end of this year.

Krutrim: Disrupting AI giants with Indian data dominance

Krutrim, an artificial intelligence (AI) venture co-founded by Bhavish Aggarwal of Ola, has entered the increasingly competitive AI race dominated by players such as Google, Microsoft, and OpenAI.

Auto sales rose 13% in Feb, see tough Mar ride

India's automobile retail sales jumped 13 per cent in February to 2.03 million units, compared to 1.79 million units in February 2023.

Religare chairperson deboarded from A-I flight over 'rude' act

Air India deboarded Religare Enterprises Chairperson Rashmi Saluja from a London-bound flight at the Delhi airport for rude behaviour with members crew on March 5, sources said on Thursday.

Wipro's health care deals get an AI booster shot

Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive.

Flipkart may add quick commerce to cart

Potential launch in next couple of months; to take on Blinkit, Zepto

'Global players are now enthusiastic about India'

Bharat is well poised to become a global semiconductor manufacturing centre, and a surge of proposals is expected. Communications, Electronics and Information Technology Minister ASHWINI VAISHNAW tells Surajeet Das Gupta in New Delhi now investors are asking how soon they can come to India. Edited excerpts:

Gujarat allots 188 acres for Tata, CG Power chip plants

Ground-breaking likely on Mar 13; incentives form 70% of project cost

CABINET NOD FOR INDIA AI MISSION WITH ₹10,372 CR OUTLAY FOR 5 YRS

The Union Cabinet on Thursday evening approved an outlay of 10,372 crore for five years for the India AI Mission, aimed at fostering innovation in artificial intelligence through public-private partnerships.

Aiming for 10% share of global ATMP/OSAT market in 5yrs'

With the Cabinet recently clearing three more chip projects, which include a mega fab plant by the Tata group, India is set to enter the exclusive club of countries that have such facilities. In an interview with Surajeet Das Gupta in New Delhi, Communications, Electronics and Information Technology Minister ASHWINI VAISHNAW talks of what India's semiconductor strategy will be in the next five to 10 years. Edited excerpts:

PROCESSING UPI TRANSACTIONS - Paytm's TPAP request awaits bank tie-ups

One97 Communication Ltd's (OCL's) application for a third-party application provider (TPAP) status will only be considered after it establishes tieups with payment service provider (PSP) banks, sources said.

India And The IEA: Friends With Benefits?

Expanding the global energy body membership to include India is crucial for ensuring global energy security