Apple ecosystem employed over 1.5 lakh people directly since PLI in 2021: Union Minister
New Delhi, April 1 - The Apple ecosystem employed over 150,000 people directly since the production-linked incentive (PLI) scheme was approved in 2021, making it the country's largest blue-collar job creator, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Monday.
Adani Ports handles record 420 MMT cargo globally with impressive 24 pc growth
Ahmedabad, April 1 - Adani Ports and Special Economic Zone Ltd (APSEZ) handled record 420 MMT (million metric tonne) cargo in FY24 (including international ports), which is an impressive 24 per cent growth (year-on-year), with domestic ports contributing over 408 MMT cargo, it
Finance Ministry refutes misinformation on social media over income tax regime
New Delhi, April 1 - The Finance Ministry has clarified that there is no new change in the income tax regime that is coming in from April 1, 2024, as is being reported by some social media platforms.
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Ahmedabad, March 31 - In a bid to create a sustainable and green future, Adani TotalEnergies Biomass Limited (ATBL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), on Sunday said it has commissioned operations at phase 1 of its Barsana Biogas Plant,
Manufacturing sentiment rises on positive chip, cosmetics outlooks in S. Korea
Seoul, March 31 - South Korea's business outlook for the second quarter reached an 11-quarter high thanks to positive outlooks surrounding semiconductors and cosmetic products, a poll showed on Sunday.
Indian Oil ropes in Panasonic for manufacturing cylindrical lithium-ion cells in India
New Delhi, March 31 - Indian Oil Corporation Limited and Japan's Panasonic Energy Co. Ltd., a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage
Bank of India receives I-T notice for Rs 1127 crore
New Delhi, March 31 - Bank of India has received a demand notice from the Assessment Unit, Income Tax Department, pertaining to AY 2016-17 to the tune of Rs 1,127.72 crore.
Homegrown products built on DPI to propel India towards $5 trillion economy: Experts
New Delhi, March 31 - Homegrown solutions and products built on top of the digital public infrastructure (DPI) by young entrepreneurs will pave the path towards India becoming a $5 trillion economy, industry experts said on Sunday.
Edge data centres in smaller cities a golden opportunity for India
New Delhi, March 31 - With the global data centre industry evolving significantly over time, within the Indian market, two noticeable trends are emerging - an increasing demand for colocation data centres and the emergence of newer edge data centres.
S. Korean govt mulls further cut in EV subsidies
Seoul, March 31 - The government is considering further cutting electric vehicle (EV) subsidies next year to instead use the funds to supplement insufficient charging infrastructure, sources said on Sunday.
Google to suspend political ads in S. Korea ahead of elections
Seoul, March 31 - Google has decided to suspend all politics-related advertisements on its services in South Korea ahead of the general election next month, according to industry sources.
Samsung Chairman Lee mourns death of Hyosung honorary chairman
Seoul, March 30 - Samsung Electronics Chairman Lee Jae-yong on Saturday expressed condolences following the death of Hyosung Group Chairman Emeritus, Cho Suck-rai.
Foreigners net purchased record $11.7 billion shares in S. Korea in Q1
Seoul, March 30 - Foreigners net purchased over 15 trillion won ($11.7 billion) worth of local shares in the first three months of the year in South Korea, breaching the 15 trillion-won mark for the first time in history, data showed on Saturday.
Power sector experts hail collaboration between RIL & Adani Group for MP power project
Mumbai, March 29 - Power sector experts on Friday hailed the collaboration between the Mukesh Ambani-led Reliance Industries Limited (RIL) and the Adani Group headed by Gautam Adani following RIL’s move to pick up 26 per cent stake in Adani Group’s power plant
India’s policies to empower women take centre stage at G20 meet
Brasilia, March 29 - The second day of the G20 Employment Working Group (EWG) meeting here on Friday started with a special session dedicated to the follow-up of the implementation of commitments made during India’s G20 presidency which includ the need to develop
EV sales’ momentum slowing globally
New Delhi, March 29 - Electric vehicle sales' momentum is slowing globally, marquee global brokerage Goldman Sachs said. Europe, which has driven EV growth up to now, has shown signs of stagnation since the beginning of 2024.
Revised CAR does not serve the interests of pilots, says FIP in letter to Civil Aviation Minister
New Delhi, March 29 - The Federation of Indian Pilots (FIP) has written to Civil Aviation Minister Jyotiraditya M. Scindia. alleging that the DGCA has amended the regulation for 'Consecutive Night Operation', and deleted the existing proviso, in the revised Civil Aviation Requirements
Pakistanis brace for another petrol price hike ahead of Eid-ul-Fitr
Islamabad, March 30 - Even as the cash-strapped economy of Pakistan has taken a massive toll on the lives of its citizens, adding up to their struggles, miseries and sufferings with consistent rise in inflation, now the government is gearing up to announce
Cho Suck-rai, honorary chairman of Hyosung Group, dies at 89
Seoul, March 29 - Hyosung Group Honorary Chairman Cho Suck-rai died of a chronic illness on Friday, sources said. He was 89.
Pakistan’s economic growth rate slowed down to just 1 pc in Q2
Islamabad, March 29 - Pakistan's economic growth rate has slowed down to just 1 per cent in the second quarter of this fiscal year because of the poor performance of the industrial and services sectors, local media reported.