ONDC wins ‘Start-up of the Year’ award at 14th India Digital Awards

ONDC wins ‘Start-up of the Year’ award at 14th India Digital Awards

New Delhi, Feb 29 - The Open Network for Digital Commerce (ONDC) on Thursday said that it has been awarded the "Start-up of the Year'' at the 14th India Digital Awards.

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Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets

Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets

New Delhi, Feb 29 - The Centre has fixed the estimates for wheat procurement during the ensuing rabi marketing season 2024-25 in the range of 300-320 lakh metric tonnes after carrying out consultations with the states, the Food Ministry said on Thursday.

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Central govt subsidy on loans to farmers jumps over 5-fold to Rs 1.3 lakh crore in 2014-2023

Central govt subsidy on loans to farmers jumps over 5-fold to Rs 1.3 lakh crore in 2014-2023

New Delhi, Feb 29 - There has been a more than 5-fold jump in the amount spent by the Prime Minister Narendra Modi-led government on extending loans at subsidised rates of interest to benefit farmers during the last 9 years compared to the

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Dabolim airport will survive due to its potential: Director Rao

Dabolim airport will survive due to its potential: Director Rao

Panaji, Feb 28 - After the opposition parties in Goa alleged that the BJP government in the state is hatching a conspiracy to close down the Dabolim airport in South Goa, its director S.V.T. Dhanamjaya Rao clarified on Wednesday that the airport will

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Tata Group will soon announce mega investment in semiconductor sector: Chandrasekaran

Tata Group will soon announce mega investment in semiconductor sector: Chandrasekaran

Chennai, Feb 28 - Multi-product conglomerate Tata Group will soon announce its next big investment in the semiconductor and mobile battery manufacturing businesses, a top official of Tata Sons said on Wednesday.

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India wants WTO to prioritize development of Global South

India wants WTO to prioritize development of Global South

Abu Dhabi, Feb 28 - India on Wednesday put forward a strong case for keeping development and the interests of the Global South at the core of the World Trade Organization (WTO) agenda.

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Sunil Bharti Mittal conferred honorary knighthood by King Charles III

Sunil Bharti Mittal conferred honorary knighthood by King Charles III

New Delhi, Feb 28 - Bharti Enterprises Chairman Sunil Bharti Mittal has become the first Indian citizen to be awarded a honorary knighthood by the United Kingdom.

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Nifty logs its biggest point and per cent loss in 25 sessions

Nifty logs its biggest point and per cent loss in 25 sessions

Mumbai, Feb 28 - Nifty logged its biggest point and per cent loss in 25 sessions on Wednesday, said Deepak Jasani, Head of Retail Research at HDFC Securities.

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Hyundai Motor India commits to reach RE100 benchmark by 2025, targeting 100 pc use of renewable energy

Hyundai Motor India commits to reach RE100 benchmark by 2025, targeting 100 pc use of renewable energy

Gurugram, Feb 28 - Hyundai Motor India Limited (HMIL) has reaffirmed its commitment towards sustainability by aiming to achieve the RE100 benchmark by 2025.

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RBI beefs up Enabling Framework for Regulatory Sandbox

RBI beefs up Enabling Framework for Regulatory Sandbox

Mumbai, Feb 28 - The Reserve Bank of India (RBI) has beefed up the 'Enabling Framework for Regulatory Sandbox' with more stringent timelines and compliance provisions.

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Walmart Center for Tech Excellence comes up at IIT-Madras to develop solutions for MSMEs

Walmart Center for Tech Excellence comes up at IIT-Madras to develop solutions for MSMEs

Chennai, Feb 28 - The Walmart Center for Tech Excellence, set up at the Indian Institute of Technology Madras (IITM) to develop solutions for MSMEs, was inaugurated on Wednesday.

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Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology

Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology

New Delhi, Feb 28 - Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced

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Indian-origin Sridhar Ramaswamy named CEO of data cloud firm Snowflake

Indian-origin Sridhar Ramaswamy named CEO of data cloud firm Snowflake

New York, Feb 29 - Indian-origin Sridhar Ramaswamy has been named as the Chief Executive Officer and member of the Board of Directors of US-based data cloud company Snowflake.

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Embattled Chinese developer Country Garden faces winding-up petition

Embattled Chinese developer Country Garden faces winding-up petition

Hong Kong, Feb 28 - Embattled Chinese developer Country Garden is facing a winding-up petition in Hong Kong, months after the company started what is expected to be the second-largest restructuring effort among its peers, following that of China Evergrande Group, a media

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Homegrown Addverb unveils India’s 1st assistive dog robot

Homegrown Addverb unveils India’s 1st assistive dog robot

New Delhi, Feb 28 - Leading homegrown robotics company Addverb on Wednesday unveiled India's first-ever assistive dog robot named 'Trakr' at LogiMAT India 2024.

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FM Sitharaman to launch Electronic Data Interchange facility for Customs stations in NE states

FM Sitharaman to launch Electronic Data Interchange facility for Customs stations in NE states

New Delhi, Feb 29 - Finance Minister Nirmala Sitharaman on Thursday will inaugurate the Electronic Data Interchange (EDI) facility at the land Customs stations of the northeastern states through the virtual mode for enhancing ease of doing business and facilitating regional trade, an

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Govt to launch 2nd auction of critical mineral blocks on Feb 29

Govt to launch 2nd auction of critical mineral blocks on Feb 29

New Delhi, Feb 28 - Union Minister of Coal and Mines Pralhad Joshi will be launching the second tranche of Auction of Critical and Strategic Mineral Blocks on Thursday (February 29), an official said on Wednesday.

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India makes strong pitch for restoration of Appellate Body at WTO

India makes strong pitch for restoration of Appellate Body at WTO

Abu Dhabi, Feb 28 - India emphatically called for the restoration of the Appellate Body at the World Trade Organisation as the top-most priority of the reform process that was discussed in the working session of the 13th ministerial conference on Wednesday.

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‘India electronics manufacturing sector to employ 4.5 mn people in next few years’

‘India electronics manufacturing sector to employ 4.5 mn people in next few years’

Mumbai, Feb 28 - The Indian electronics manufacturing sector currently employs close to 2 million people and the country aspires to take that figure to about 4.5 million in the next few years with initiatives like local chip manufacturing, said S. Krishnan, Secretary,

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India retail market set to reach $2 trillion in next decade: Report

India retail market set to reach $2 trillion in next decade: Report

Mumbai, Feb 28 - India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers, a new report showed on Wednesday.

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