Elon Musk’s mother wishes him b’day, says ‘Thank you for 53 yrs of joy & excitement’
New Delhi, June 28 - Elon Musk's mother Maye Musk on Friday wished the tech billionaire a happy birthday and thanked him for bringing "53 years of joy and excitement" into her life.
Exchange Rate Automation Module ops to start on July 4, exporters & importers to benefit
New Delhi, June 28 - The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular for the launch of the Exchange Rate Automation Module (ERAM) with effect from July 4 to enhance trade facilitation for exporters and importers.
PM Gati Shakti scheme has scaled up India’s infra, spurred growth: Morgan Stanley
New Delhi, June 28 - Global investment bank and financial company Morgan Stanley has stated that the PM Gati Shakti scheme has succeeded in giving a new fillip to India’s infrastructure development and multi-modal connectivity across highways, railways and ports that has spurred
AWS picks 24 Indian startups for space accelerator programme
New Delhi, June 28 - Amazon Web Services (AWS) on Friday announced its first-ever space accelerator programme in India, selecting 24 startups from the country, providing a big boost to the space startup sector.
Thales inks pact with Adani Defence to manufacture 70mm rockets in India
New Delhi, June 28 - In a major fillip to the government's local manufacturing push, Adani Defence & Aerospace - the defence arm of the Adani Group — has signed an agreement with the Thales Group to manufacture 70mm rockets in India.
Will help 5 lakh MSMEs onboard ONDC, half of them women-led enterprises: Minister
New Delhi, June 28 - In a bid to empower micro, small and medium enterprises (MSMEs), the government has announced an initiative to onboard five lakh MSMEs on to the Open Network for Digital Commerce (ONDC).
Sensex at all-time high as largecap stocks lead
Mumbai, June 28 - Indian equity indices opened in green on Friday following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively.
Bharti Airtel announces steep hike in mobile tariffs effective from July 3
New Delhi, June 28 - Telecom major Bharti Airtel, on Friday, announced a steep hike in mobile tariffs, with effect from July 3.
Chandigarh University, Bajaj Auto sign pact for skill enhancement
Chandigarh, June 27 - The Chandigarh University and Bajaj Auto Ltd have signed a memorandum of understanding for a six-month skill development residential programme on the call of Prime Minister Narendra Modi.
Govt forms working group to explore new ways to finance Agri Value Chain
New Delhi, June 27 - The Centre has decided to form a working group to explore innovative banking products for Agri Value Chain Financing to integrate the country’s agriculture sector with global markets and enhance farmers’ income.
Centre speeds up industrial corridor projects worth Rs 8,175 crore
New Delhi, June 27 - The Centre has given the finishing touches to four projects under the National Industrial Corridor Development Corporation (NICDC) pertaining to the development of Integrated Manufacturing Clusters (IMCs) in Uttar Pradesh's Agra and Prayagraj, Hisar in Haryana and Gaya
Centre fine-tunes Rs 5,367 crore worth industrial corridor projects for Andhra Pradesh
New Delhi, June 27 - The Centre has given final touches to two projects for the development of the Orvakal Industrial Area in Kurnool district and the Kopparthy Industrial Area in YSR Kadapa district of Andhra Pradesh with an investment of Rs 5,367
Centre fast-tracks Rs 5,879 crore worth new railway line projects in Maharashtra
New Delhi, June 27 - The 73rd meeting of the Network Planning Group (NPG) under PM GatiShakti has put on the fast track two projects for Maharashtra involving an investment of Rs 5,879 crore for the construction of more broad gauge railway lines
RBI rolls out new SAARC currency swap framework for 2024 to 2027
Mumbai, June 27 - The Reserve Bank of India (RBI) announced on Thursday that it has, with the concurrence of the government of India, decided to put in place a revised Framework on Currency Swap Arrangement for SAARC countries for 2024 to 2027.
Digital lending market in India grows 33 pc, digital transactions surge 44 pc
New Delhi, June 27 - The digital lending market in India grew at 33 per cent Compound Annual Growth Rate (CAGR) from FY19 till FY23 -- reaching Rs 2,905 thousand crore in FY23 from Rs 913 thousand crore in FY19, a report showed
Indian economy, banks remain robust & resilient: RBI
Mumbai, June 27 - The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability.
NCAER pegs India’s GDP growth close to 7.5 pc for 2024-25
New Delhi, June 27 - India’s GDP growth during 2024-25 may turn out to be higher than 7 per cent and even close to 7.5 per cent as high-frequency indicators show resilience amid growth dynamism in the economy, according to the latest monthly
110 new languages arrive on Google Translate with AI’s help
New Delhi, June 27 - Using artificial intelligence (AI), Google on Thursday announced to add 110 new languages to Google Translate, including Cantonese, NKo and Tamazight.
South Korea, US lobby groups discuss ties in chip tech, supply chain
Seoul, June 28 - The semiconductor lobby groups of South Korea and the United States discussed ways to expand bilateral cooperation in technology research and maintaining a stable supply chain, Seoul's industry ministry said on Friday.
India leads global AI research, Bengaluru 7th best AI Hub: Report
New Delhi, June 28 - Bengaluru is now ranked seventh on the top 10 list of artificial intelligence (AI) Hubs worldwide, a report showed on Friday, adding that India (tied with Germany) has the highest number of AI research institutions globally.