LG Energy Solution joins US firm for EV battery solutions
Seoul, June 5 - LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said on Wednesday it has signed an initial pact with a US company to strengthen the competitiveness of its electric vehicle (EV) battery management solutions.
‘Strong AI policy enabling adoption, skill development & innovation must be area of focus’
New Delhi, June 4 - As generative artificial intelligence (GenAI) and other AI skills become more common in all use cases such as education, the workplace, research and development, and others, experts on Tuesday said that a strong AI policy enabling adoption, skill
Fruit production rise, vegetables decline in 2023-24
New Delhi, June 4 - The Agriculture Ministry’s second advance estimates of 2023-24 for the area and production of horticultural crops in the country released on Tuesday reflect an increase in the output of fruits while a decline is seen in the production
RBI keeps repo rate unchanged at 6.5 pc to maintain balance between growth and inflation
Mumbai, June 7 - The RBI left the key interest rates unchanged in its monetary policy review on Friday as it continues to maintain a balance between economic growth and keeping inflation in check.
Sensex jumps 311 points ahead of RBI MPC decision
Mumbai, June 7 - India equity indices were trading in the green on Friday after a flat open.
India’s coal sector PSUs transform 50,000 hectares of barren land into green forests
New Delhi, June 4 - India’s coal and lignite Public Sector Undertakings (PSUs) have succeeded in transforming approximately 50,000 hectares of barren land in and around coal mining regions into green forests that have the potential to absorb 2.5 million tonnes of carbon
Before dry day, Tamil Nadu’s TASMAC registered Rs 200 crore business on Monday
Chennai, June 4 - The Tamil Nadu State Marketing Corporation Ltd (TASMAC), a company owned by the Tamil Nadu government which has a monopoly over wholesale and retail vending of alcoholic beverages in the state, registered a Rs 200 crore liquor business in
US-based geoscience firm keen on oil exploration project in South Korea
Seoul, June 4 - The owner of US-based geoscience research company Act-Geo said on Tuesday he was traveling to South Korea to discuss Seoul's newly envisioned offshore oil and gas exploration project on the east coast.
Govt seeks stakeholders’ views on draft Central Excise Bill
New Delhi, June 4 - The Central Board of Indirect Taxes & Customs (CBIC) on Tuesday invited suggestions on the draft Central Excise Bill, 2024, from stakeholders by June 26 as part of the pre-legislative consultation process.
India’s foodgrain production rises by 211 lakh million tonnes in 2023-24
New Delhi, June 4 - The country’s total foodgrain production is estimated at 3288.52 Lakh Metric Tonnes (LMT) for 2023-24 which is 211.00 LMT higher than the average foodgrain production of the last 5 years (2018-19 to 2022-23) of 3077.52 LMT, according to
Investors lose Rs 30 lakh crore in single day in biggest market fall in 4 years
Mumbai, June 4 -Jitters of counting day led the Indian indices to experience their biggest fall in the last four years on Tuesday with the investors losing nearly Rs 30 lakh crore in a single season.
With increasing govt support, next 5 years hold great potential for EV sector: Experts
New Delhi, June 4 - With increasing governmental support, infrastructural advancements, and growing consumer awareness, the next five years hold immense potential for the electric vehicle (EV) sector, experts said on Tuesday.
Govt approves Rs 128cr for CPGRAMS version 8.0 with upgraded tech platform
New Delhi, June 4 + The government has approved an allocation of Rs 128 crore for CPGRAMS (Centralised Public Grievance Redress and Monitoring System) version 8.0 with an upgraded technology platform to be implemented over the next two years, Department of Administrative reforms
ChatGPT suffers global outage, OpenAI says working on a fix
New Delhi, June 4 - Artificial intelligence (AI)-chatbot ChatGPT on Tuesday suffered an outage as several users globally, including in India, were unable to access the service or generate any responses.
Microsoft faces complaints in EU over violating children’s data privacy
London, June 4 - Privacy rights organisation noyb on Tuesday lodged two complaints with Austria’s data protection authority against tech giant Microsoft for allegedly violating children’s data protection rights.
Tokyo stocks end lower amid profit taking, automaker scandal
Tokyo, June 4 - Tokyo stocks ended the winning streak by closing lower on Tuesday, as investors took action to lock in gains while the testing scandal grew among major Japanese automakers.
Malaysia’s manufacturing PMI improves in May
Kuala Lumpur, June 4 - Malaysia's manufacturing sector conditions improved midway through the second quarter of 2024, with the seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index (PMI) rising to 50.2 in May from 49 in April.
Sri Lanka’s All Share Price Index grew by over 25 pct in 2023
Colombo, June 4 - Sri Lanka's All Share Price Index (ASPI) grew by over 25 per cent in 2023 in comparison to the year 2022, Director General of the Securities and Exchange Commission (SEC) Chinthaka Mendis presented the 2023 annual report.
Sensex, Nifty in free fall as counting enters crucial phase
New Delhi, June 4 - The Indian indices went into a free fall on Tuesday with all the sectoral indices led by PSUs trading in deep red, as counting of votes for the Lok Sabha elections entered a crucial phase.
MediaTek joins Arm Total Design to accelerate AI innovation
New Delhi, June 4 - Chipmaker MediaTek on Tuesday announced that it has joined Arm Total Design, an ecosystem that aims to accelerate and simplify the development of products based on Arm Neoverse Compute Subsystems (CSS).