South Korean space agency to spend 380.8 billion won to build 3 industrial parks
Seoul, July 24 - The Korea AeroSpace Administration (KASA) on Wednesday said that it will spend 380.8 billion won ( equivalent to $274.8 million) for the next seven years to build three industrial parks for the space industry.
6th-gen Samsung Galaxy foldables now available in India
New Delhi, July 24 - South Korean giant Samsung on Wednesday announced the sale of its sixth-generation foldable smartphones along with other new devices for consumers in India.
Apple’s Watch for kids service now live in India
New Delhi, July 24 - Tech giant Apple on Wednesday made its watch for kids feature available in India that comes with easy calling, texting, and activity monitoring.
South Korean hospitals required to set up side rooms for dignified deaths
Seoul, July 24 - Hospitals with more than 300 beds will be required to establish at least one room for patients near death to stay and prepare for the end of their life with dignity, the South Korean Health Ministry said on Wednesday.
Meta AI now available in Hindi, unveils largest and most capable open-source model
New Delhi, July 24 - Tech giant Meta on Wednesday announced that its artificial intelligence assistant Meta AI is now available in seven new languages including Hindi, and has become more creative and smarter.
Telangana Cyber Security Bureau busts international fraud network
Hyderabad, July 23 - The Telangana Cyber Security Bureau (TGCSB) has busted an international fraud network with the arrest of three accused in Rs 5.40 crore scam, officials said on Tuesday.
Adani Green begins wind generation from Khavda renewable energy plant
Ahmedabad, July 24 - Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat.
Tesla’s profit tanks 45 pc in Q2, Musk plans to reveal robotaxi in October
San Francisco, July 24 - Elon Musk-run Tesla has reported $1.5 billion in profit for the April-June period (Q2) this year, down 45 per cent from the same period in 2023.
Budget spurs India’s efforts to break China’s dominance in critical minerals
New Delhi, July 23 - Union Finance Minister Nirmala Sitharaman, presenting the Budget 2024-25 on Tuesday, announced the setting up of a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets.
Govt needs to consider GST exemption for all cancer drugs, says Kiran Mazumdar Shaw
Bengaluru, July 23 - Biocon and Biocon Biologics Chairperson Kiran Mazumdar Shaw, welcoming the removal of Customs duty on three cancer drugs in the Union Budget 2024-25, on Tuesday said the government needs to consider GST exemption for all cancer drugs.
Real estate stocks fall after Finance Minister’s LTCG proposal
New Delhi, July 23 - Real estate stocks fell after Finance Minister Nirmala Sitharaman on Tuesday proposed to eliminate the indexation benefit on calculating long-term capital gains tax (LTCG) on real estate.
Union Budget: Indian startup ecosystem hails angel tax abolition
New Delhi, July 23 - The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax -- the tax imposed on funds raised by startups from angel investors -- for all classes of financiers.
Centre’s move for climate finance taxonomy will standardise green bond, market: Experts
New Delhi, July 23 - Centre’s move to develop climate finance taxonomy, as announced in the Union Budget on Tuesday, will help standardise green bond and green finance markets in India, said experts.
Deadline to avail Centre’s EV promotion scheme ends July 31
New Delhi, July 23 - The government on Tuesday said the last date of its Electric Mobility Promotion Scheme (EMPS) 2024, which aims to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country, is
Sensex recovers after robust budget, Titan and ITC top gainers
Mumbai, July 23 - Indian equity indices made a smart recovery from the day's lows and closed flat on Tuesday, following robust budget announcements.
IIT Bombay innovates to optimise fuel cell electric vehicle components
New Delhi, July 23 - Researchers from the Indian Institute of Technology (IIT) Bombay on Tuesday informed that they have developed a novel optimisation method for determining the ideal weight and size distribution of components in fuel cell electric vehicles (FCEVs).
Experts hail Rs 1.48 lakh cr Budget allocation for education, employment & skilling
New Delhi, July 23 - Experts hailed the Rs 1.48 lakh crore allocation for education, employment, and skilling in the Union Budget presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday.
India open up nuclear power sector for Bharat Small Reactors, Bharat Modular Reactors
New Delhi, June 23 - In a move to bring in the private sector in the nuclear power sector, the Indian government will partner with private players in setting up small reactors, for research and development of small modular reactors, and newer nuclear
Budget 2024: Rs 1,000 crore VC fund to take Indian space startups to a higher orbit
Chennai, July 23 - In order to take the Indian space sectors to a higher orbit, Union Finance Minister Nirmala Sitharaman on Tuesday said the government will set up a Rs 1,000 crore venture capital (VC) fund.
Centre cuts customs duty on mobile phones, components to 15 pc; industry upbeat
New Delhi, July 23 - The government on Tuesday announced to reduce the basic customs duty (BCD) on mobile phones, printed circuit board assembly (PCBA) and mobile chargers to 15 per cent from the current 20 per cent.